It looks like Ethereum is clearly forming a descending triangle on the 4h. The technical target is at around $4450, this is in confluence with the .618 trend based fib extension (so hopefully setting a new ATH and not a scammy one such as last week). The RSI indicates that there is space for more upside potential I think that we still can see some volatility...
There may be a breakout in Ethereum very soon, keep it in your watchlist, will update :) Cheers.
All Market & Ethereum Going Down .Short Trade Start Now .. All The Best
Flag and Pole Pattern. Breakout with good number of Volumes. Study Tips: How to Calculate Potential Target for this Pattern type breakouts? 1)Measure the Pole Length of the Flag --> Length AB = Point A - Point B. 2)Place the Pole length above Flag breakout Point --> Length CD. Where Length AB = Length CD. 3)Point C will be our Potential Target Point. **Above all...
Following Chart is of ETHUSD which Clearly shows the breakout of the price from the Resistance Level. Wedge/ Trend line breakout could also be seen. Also we can see RSI Divergence, in this case, the price is making lower top lower bottom whereas the RSI is making Higher top Higher Bottom. This means that finally the bad days for Crypto are over and we are heading...
Midterm forecast: While the price is above the support 1705.700, resumption of uptrend is expected. We make sure when the resistance at 2910.700 breaks. If the support at 1705.700 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: A trough is formed in daily chart at 1719.100 on 07/20/2021, so more gains to...
Decisive Point 0.28670 , if breakout with volumes and stabilized above purple zone 1st Target 0.38218 2nd Target 0.44856 The long and (the) short of this recent Crypto Crash As I mentioned in my Multi Year Analysis, I am Bullish for Cryptos Segment for coming 3-5 Years, My Long Stop loss for BTCUSD is 15K-19K on an average till then nothing can harm...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1900). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Similar to Bitcoin the weekly logarythmic chart of Ethereum speaks a clear language. We're on the way to the upper channel resistance. Depending on when we'll reach the target area prices around 25k are possible.
Similar to Bitcoin the monthly logarythmic chart of Ethereum speaks a clear language. We're on the way to the upper channel resistance. Depending on when we'll reach the target area prices from 23k to 30k are possible.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.0047). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . Huobi Token/Ethereum HTETH is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
In timeframe day the rally up of ethereum might be a false motive to lure investor to buy As you can see in wave (c) of (B) form elongated zigzag which means when the cycle is finish it has to pull back at least 61.8% of wave (c) (around 547 of half of the current price) Warning this is just one case of the Elliott wave analysis possibility - Make a research on...
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.00021310). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Stellar/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a...
Midterm forecast: While the price is above the support 0.02275, resumption of uptrend is expected. We make sure when the resistance at 0.02965 breaks. If the support at 0.02275 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI bounced from the uptrend #1 and it prevented price from more losses. While the...
Midterm forecast: While the price is above the support 0.02275, resumption of uptrend is expected. We make sure when the resistance at 0.02965 breaks. If the support at 0.02275 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: The RSI bounced from the uptrend #1 and it prevented price from more losses. While the...
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.
Hello everyone, Hope you all are doing great. Well it has been quite a good run that we have seen with Ethereum and we hope that this continues further as well. ETHBTC is at a very important juncture and is at a very strong weekly resistance level as can be seen in the chart. This strong resistance however looks like will be broken soon since ETHBTC broke the...