Ethereum has streched for contunues week
and changing the trend near the support
level.
Its taking support from the 20 ema on a
weekly time frame.
The price has tested the
support and has given a upmove.
On daily time frame too there is a bullish
momentum in the price as its taking support
from 20 ema and has given a cross over in
the moving averages.
Ethereum...
Ethereum is forming a head and shoulder pattern on a daily time frame after retracing the fibonnaci level of 38.2% and 20 DMA.
The coin has given a nice movement and is retracing before another up move.
The coin is trading below the moving averages.
Two confirmation patterns are being formed in the coin on the daily time frame
1. Head and shoulder pattern
2....
Ethereum has streched for contunues week and changing the trend near the support level.
Its taking support from the 20 ema on a weekly time frame.The price has tested the support and has given a upmove.
On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages.
Ethereum...
Ethereum
Overview
Ethereum(ETH) has suffered about 94+% correction(drop) since the all the time high-level point($1425) reached in January’18.
One key point to note that its following similar trend/pattern to Bitcoin of upward and downward movement in the market.
Let's analyze price action for Ethereum (ETH/USD) over the long term and proceed to highlight any...
Ethereum looks bullish on a higher time frame and has crossed the resistance of 3100 levels.
It has closed above the level on daily time frame and is taking resistance form is 20 ema.
A nice morning star pattern is there on a daily time frame and trading between the moving averages.
On a 4 hour time frame the coin has given a "W" pattern break out with good...
ETHEREUM (ETH) is indicating another 7-10% fall towards 2297-2198 from around 2384-2405 Range.
Possibility will get negated if BTC closes a complete 5 minutes candle above 2405.
This Analysis and Trade Setup is based on 38% Retracement Breakout Trading Strategy.
- Ethereum has not yet outperformed BTC fully.
- Ethereum can now print a huge impulsive wave which can lead to an extended rally
- I think the next target for Ethereum would be around 2800-3000$
- If you are looking for longs in ETH then you can keep an SL of 2150$ and 2260$
- Kindly don't over-leverage and do not buy impulsively too.
- Spot is King and markets...
Ethereum stands at a make or break level of resistance on daily time frame . It will either give a massive breakout and break the resistance or it will make a double top and start to collapse . This crucial level is to be tracked as we can get good targets on either side .
Hope this analysis will help you :)
#Ethereum Eyes Breakout: Will ETH ETF Decision Propel Prices to $6000?
CRYPTOCAP:ETH is showing bullish signs with a falling wedge/bull flag pattern and a strong bounce off support.
ETH ETF decision on Thursday. Deadlines for 4 ETF issuers are at the end of this month, starting May 23rd.
Potential Targets:
- Approval: #ETH could soar to $5000-$6000.
-...
#Ethereum Daily Chart Analysis
CRYPTOCAP:ETH #BearishWedge pattern starts from june 2022, after previous BullRun's downfall towards #BearishZone market, and now it will be very nearby to finish its final cycle of last Bearish mode within next 35-50 days.
As per present scenario. CRYPTOCAP:ETH will be goes towards $1k, while its Last Lower-Low target will be...
Ethereum has broken and sustained above the resistance of $1620. There was a stiff resistance at $1680, which failed to break on Feb 02, 2023, and Feb 04, 2023. It has crossed that level just now, but the chances of a false breakout are high now. Any move above $1685 today will clearly indicate a new uptrend.
Ethereum Critical level, Ethereum is at important level and Forming a Channel Pattern Let's see this sustain or not. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
#Ethereum/USD downtrend movement potential with risk:reward 1.9
Symbol :Ethereum / US dollar
Time frame :30 minutes
Analysis : Breakout from the support line and rallying on a down side.
Moving average 20 is below Moving average 40 and Macd is below zero.So, we can expect a down trend movement with risk:reward =1.9
Its a SELL call . SELL at 1825 with...
Ethereum Update:
1) On May 16th, 2022, 30,000 ETH was transferred by Vitalik Buterin and ETH dropped from 2100$-888$. (59%)
2) Yesterday 25th, November 2022, 40,000 ETH was transferred almost worth 47.7M$, eth might hit 500-700$ soon.
#ethereum
Ethereum ETH Fibonacci Weekly, which includes Ethereum's short-term, medium-term, long-term, top and bottom prices, support and resistance levels, breakout and breakout levels, rebound and retracement levels, bullish prices, Bear market price, as long as you know how to use it, this picture is your money printing machine. The cryptocurrency market news is flying...
Ethereum still looks great to short with less leverage. IMO it's easy for Ethereum to crack down more if we see a daily candle closing under 1005$ we can test lower levels easily.
Accumulation Zones:
(500-600$) 1st Accumulation Zone.
(800-920$) 2nd Accumulation Zone.
