So i have analyzed some chart of ETH/USDT in 15 min time frame and i found that ETH is having a breakout, lets wait for its confirmation, and confirm thats not a fake breakout
MIL:ETH looks losing fuel to move upside. one more sweep to the weekly fvg is possible and then downside all the way to $250.
Post Eth merge, will the L1s with momentum and L2 outperform Eth?
keep an eye on ETH. ETH at its resistance if ETH breaks 1745$ than you can take a highly margin Long positions target 1st- 1780 target 2nd- 1800 target 3rd- 1843 target 4th- 1980
It's fascinating to see how MATIC's weekly chart has remarkable similarities to ETH's 2017-18 run. If it continues following the same pattern, what comes next should be a 'blow off top' run to the peak of the cycle. Taking some cues from ETH, it looks like Matic broke out the consolidation range, retested it and is bouncing off nicely. As long as BTC doesn't...
According to upward Bat pattern, ETH/USTD market tend to increase by 2-4% . Where we can see ETH will reach up to $4000 in near future.
The ETH chart has formed a nice Double Top. With Volume being on the stable side, another spike in the volume will result in the ETH going down below the supply zone and testing the next support level.
On daily time frame, RSI is making lower highs but the price is making higher highs. That in my experience is a bear divergence with clear rising wedge pattern. Keep an eye on all the price levels when ETH breaks down the triangle. The only thing that can keep this from happening is announcement of L2 or ETH2 merge on ETH mainnet
Reasons why I'm bullish: - All of the daily Moving Averages are pointing up, meaning that the prince is tending to go up. - ETH went up for 13 consecutive days, we need a retracement to keep going up. - The daily RSI showed that ETH was overbought for the first time after 13 days (Good sign for a retracement). - We have a nice and clean Double Bottom on the daily...
Good morning Traders! Hope all are having a great weekend so far. Looks like ETH could be in the process of forming a CUP AND HANDLE pattern on the 30min timeframe. If this pattern holds true to the C&H, we can see ETH push to the first TP, small corrections and then a push to ~2250. This would complete the RIGHT SHOULDER for the possible HEAD AND SHOULDERS taking...
Ethereum price is hovering inside a supply zone ($2,529 to $2,588), struggling to breach past it. Two possibilities are possible here - a bullish spike that pushes ETH price above the said supply zone and proceeds to tackle the range high at $2,993. Or a rejection at the supply zone that drags it down to the buy zone ($1,992 to $2,208). If the bullish...
The term Altcoin stands for “alternative to Bitcoin'' or “alternative coins”, basically these are digital currencies similar to Bitcoin. Altcoins are profitable and have their own goal but these are not as costly as Bitcoin. Due to the lower value and higher ROI, altcoins have become the favourite of investors. One thing that needs to be mentioned here is that...
ETHEREUM recently saw a huge Volatility in the price. After making new high, ETH is testing Fibonacci 38.2% level and the same level is acting as a crucial support (200MA). If support is broken, ETH can form an HNS pattern resulting in short positions.
As you must have seen for the last few days that BTC and ETH have taken a breather. After a long consolidation, ETH is attempting to breakout from its range. You should only focus on Price Action and check the Daily and Hourly time frame. The only problem with the breakout is lack of strength i.e Volumes. I would rather miss out an opportunity than preempt
I see ETH moving in a range within a parabolic resistance (just like the one which BTC had broken in NOV month) and 100D MA. ETH was rejected by this parabola everytime in May, August and now in Dec also it's getting rejected. 100D MA has been supporting price everytime during corrections. PS: BTC dominance and price both are high and increasing.
The 4H ETH was supposed to be bullish after spotting the H&S pattern but the ETH failed to cross the 866$ mark. The market could possible see further down trend if it falls below 800$ i.e., below the 20 MA and 50 MA. A few sings for bullish pattern could be spotted if it breaks the 885$ resistance with a higher volume. Further more the RSI pattern also shows a...
There is still potential for a small bounce in BINANCE:BTCUSDT before it potentially drops to a lower low of 56k. Nothing to worry about, It would be the best opportunity. We may not see any big moves until the ETH ETF starts. It starts trading on the 2nd of July. But once the #ETHETF begins, there could be some distribution on BTC.
confluence buying area ETH BINANCE:ETHUSDT Effective risk management is essential for any successful investment strategy. Always diversify your investments to spread risk across different asset classes and markets. This means not putting all your eggs in one basket, but rather spreading your capital to mitigate potential losses. Additionally, regularly review...