With DeFi contracts locking up ETH, the demand for Ethereum has spiked in the last three weeks. This has been building up for months together. ETH to settle around $380 - $420 range for a couple of days.
If ETH breaks support of range low, then it is staring at abyss. First target would be $45 and ultimately $14. But if ETH holds range low then retest of range high will be in play.
This is a very common pattern. First after establishing range, price tries for a fake breakout and dumps below the low of the range and then continues the trend. ETH is trying to enter this range. ETH has been accumulating for a while now, it should see expansion for coming month. Target is 650-700 . I am buying every damn dip on this.
An idea based on previous thoughts. ETH made a low of 80.6 and then made a higher low 99.6. About 24% up. The next low was 122.5 which was about 23% up. Taking the theory that ETH is making successive higher low 20-25% above the previous low, this would make the next low in 147-153 range. However, 200 DMA is 144, which is not much below this range therefore we...
#1 Key Highlights * Support around $100+ level held strongly.\u2028 * 200H-MA(moving average) broken with buying volume.\u2028 * Ethereum(ETH/USD) price surged 20%+.\u2028 * $120+ resistance broken and retested.\u2028 #2 Chart Analysis Ethereum trading $122+(Bitfinex) and showing signs of strong upward momentum. Looking at the ethereum trends on Hourly(4H)...
The #ETH/USDT pair has recently displayed a bullish divergence, a key technical indicator suggesting a potential trend reversal. This divergence, coupled with the breakout of a significant trend line, has ignited bullish momentum in the market. Currently, the price is undergoing a retest of two critical levels at $3065 and $3220. The successful breach of these...
Trendline is about to breach and expecting a worst-case scenario here. Most probably ETH is going to fail the structure this time as it's showing the weakness.
If eth able to break ATH then 1st target will be 7000$ 2nd target 11000$
Analyzing the ETH charts and expecting a breakout once the price crosses the $4951 resistance zone!
shorting eth entry- 3119.56 sl-3142 tp-3000 if it breaks the channel it will be good to short
Hi. there is a trend line in eth @1hour So R\o-1*3.5
For Ethereum to thrive, there must be a willingness among investors to engage with the crypto markets and their associated ecosystems, a trend that seems poised to gain momentum in 2024. Ethereum experienced a downturn in the early hours of Tuesday, further underscoring the prevailing volatility in this market. In the grander scheme of things, Ethereum...
Adding Some ETH for @ 2200$.. For a Target for 5000$ in long term. #DYOR before taking any investment idea..
HI FRIENDS. CURTENTLY ETH FOLLOWING A TREND LINE. Make sure the level of 2000 is react as a important level with the help of trend line. And soon it react as support at making a new high.
ETH is looking for a short & expecting target to reach at 1850$
Hi Friends. Eth Formning Head and shoulder patern.
hi friends We cleary look that currently eth is 1800 which is behave a major resistance. On daily a big Red candle which sign of bearishness. Price actian says no line stops me so a good channel braking and retest a trend line. here is my views on Eth.