Ethereum's open interest is $6.38 Billion. As per Coinglass, another crypto analysis website, it rose by 1.63% in the previous session. The long versus short ratio for 24 hours is 0.9814. The short liquidation is $7.34 Million versus $14.69 Million for the long liquidation.
What Can Ethereum Price Prediction (ETH) Be, Based On Technical Analysis?
An analyst,...
Ethereum (ETH) is currently trading in the $1499 range, the price of Ethereum (ETH) approaching the Head & Shoulder Support level . If the prices stay above baseline ( demand zone ) ETH could reach $2050. If Ethereum (ETH) falls below the baseline ( demand zone ) , it could fall to $1039.
Comment your direction $2050 or $1039
Personally, I predicted that the...
Ethereum (ETH) recently experienced a pause in its upward trend movement, having reached a high of $3,970. This consolidation period came on the heels of a spectacular 25% increase in its price, which was triggered by a breakout from a bullish pattern of a descending triangle pattern on the daily chart. Despite a minor pullback from its recent peak, ETH is now...
Ethereum has a market cap of $446 Billion and is ranked 2nd in the crypto verse. The volume of the ETH has surged by 255% in the last 24 hours. The price of ETH has observed a rise of 20% in the last 24 hours. ETH rise is speculated due to the upcoming approvals of the Spot ETF.
ETH is forming strong bullish candles on the daily chart. It is trading above the...
Ethereum (ETH) has recently experienced a halt in its upward movement, having reached a high nearly of $3,974. This period of consolidation came on the heels of an impressive 25% increase in its price value, which was triggered by a breakout from a descending triangle pattern on the daily chart. Despite a minor pullback from its peak, ETH is now nearing a...
Ethereum (ETH) is gearing up for a significant move, but first, it needs to overcome the substantial liquidity wall at $3700. This level poses a critical resistance that must be cleared before we can set sights on the $4000 mark. If ETH can break through $3700 with strong volume, the path to $4000 becomes much more attainable. However, there's a possibility of a...
On Weekly Basis:
ETH/USD completed its correction from 4800 to 1140 in its 3 Wave Down Correction. Previous top was made at 1350 in January, 2018 also a support level. Fibonacci 78.6% retracement from bottom 122 to top 4800 ends at 1140, a support level. It took a support at 1100 which is a long term horizontal support on weekly charts. It made a double bottom in...
Hi friends
On 1900 levels is important resistant as well as 3 trend line cross over.
Now @1hour it forms bearish diamond pattern and it also @1900 and there are 3trend line break @15min frame..
Taking R/R-1/6
After 1 support or market can spend some time @1761-1744 and retest its previous false breakout and continue rally in downside.
Chart - Heikin Ashi
Timeframe - 4H
Resistance Zone - 1635 to 1647
20 ema - 1634.25
50 ema - 1643.36
100 ema - 1664.89
200 ema - 1710.45
Fib Retracement :- 38.20% level 1732.88
50% level 1789.44
Note :- The breakout of 1647 level will also give us the breakout of 20 ema and 50 ema.
Trade Setup :-
1. Enter on the breakout of...
ETH/USD at 1840.
Wave 1 : Starting from 1620 to 1940
Wave 2 : 38.2% retracement @ 1815
If it is deep then we may see 1744.
Wave 3: If we consider wave 2 is completed
and wave 3 is begun then 2550-2650 is the
Target for wave 3 .
Analysis by Bharat Kumar on 29th June 2023
Buying in an area of demand formation, you can look for an entry to the market waiting for price action to confirm the area.
Here it is on the daily chart where we already have a decrease in sales volume and an insideBar formation. Not a financial advice.
ETC acts as a mimic for anything related to Barry
now that there is a fear of further contagion re: Genesis, it being attached directly to Barry might fetch us this move fundamentally.
Also, technically it looks cooked just like other crypto.
I'm not in yet, but will soon be!
Good Luck!
