The idea is based on the Elliott Wave Theory. It suggests that the correction cycle may be over and the next bullish cycle could begin from here.
eth at a major resistance probably bullish scene if breaches the resistance
Entry 1140$ Expected Target 500$ Dynamic Stop loss 1520$ All The Best
Ethereum is currently following its trend line and heading toward resistance of $1252. The price will move toward the next resistance at $ 1397 if the resistance is broken. But if resistance is difficult to break & gets any rejection, it will come back towards the support level at $ 1050 - 998.
The prices have given a very good rally in the past few days, I'm still bullish on crypto positionally, but we can expect some pullback to below levels, if the prices retest the below levels once again, we can see a fresh rally upside. So here's my prediction on Ethereum, just for educational purposes, not a trade idea.
there was a B/O with a volume along with DXY falling which gave me a clear confirmation to long as DXY making a evening star at my resistance zone
in my previous analysis, i shared a long setup but it is invalidated in 1H-4H timeframe, ethereum might be heading lower to around 1140 levels soon.
Pivot: ~1566 | 1st Support: ~1512 | 2nd Support: ~1470 | Resistence: ~1607
Ethereum facing strong resistance at 0.236 FIB Level. Will the positive hype around the merge help it to break above?
Pivot: ~1524 - 1st Resistence: ~1624 - 2nd Resistence: ~1822 - 3rd Resistence: ~1923 *Probable Pullback: ~1496
After 1800 its struggling to keep up, and now is forming a nice head n shoulders, which if broken with nice volume would bring 1600. The break of H&S would also bring in the break of upward channel formation. SHORT!
Eth Entry Point All Trader can Long From here, Now Eth Going Up Trend .Thank U
looks like Ethereum is moving towards 1406$, lets see
The technical analysis of Ethereum what do you think guys?
Looks like the current move of the Ethereum against USD is moving towards 688$ level
buy ethereum 1055 stoploss 850 long term trade this coin wave structure complete but monday confrim reversal
based on the fib level Ethereum might go 1070$ this year
We could see a Head & Shoulder pattern on daily/weekly/monthly timeframe, i do think so that crypto is getting into much more correction from the current levels also. Note : This is only an analysis, dont follw it blindly, use your own experience and knowledge also. THANKS AND REGARDS DAKSH SHARMA