ETHEREUM/USD continues its bearish trend creating lower lows and lower highs and it may not start an uptrend as long as a news comes out such as Tesla accepting bitcoins or other cryptos. BTCUSD and ETHUSD continue to move in the same way therefore if the price of BTCUSD increases, the price of ETHUSD will increase too. The candle seems to close below the support...
In the last few days, we saw the ETH price retesting the long term support, we saw a bounce followed by a retest, which could be the beginning of a massive W pattern. We are now in a period of consolidation which is crucial. The 20 and 50 EMA are about to touch each other. If we continue going upside, we might avoid that cross. In the weekly time frame, we haven't...
Ethereum Fell to lower Support right after the News with China banning all Cryptocurrency. This has happened previously in 2013, 2017 Its not the first time China has done this. This is what they do to manipulate the Price. We can expect Consolidation within the area of the blue box before price Rise back up.
Since start fo 2021 Bull Run, ETH has been confined to 2 uptrend channel. ETH has finally broken both the resistances and the upper resistance line is looking like new support in ETH's run to moon. The trend is quite obvious with chart. Take a look. Let me know what you think.
Short term drop in eth price
Ethereum has been seeing roughly constant highs and higher lows forming a wedge pattern. ETH seems to be breaking out now as seen in chart. If this is correct, we will see a another higher high in next 3-5 days.
Ethereum/ USD (BITSTAMP) Bullish Sequence Completed @ 2197 level Expecting a further fall in the price BITSTAMP:ETHUSD
ETHUSD moving in a ascending triangle pattern and has to give a daily close above 1450 for moving further. It seems by this month end this close is possible. Let's see how this pans out. Fingers crossed!!! Disclaimer: - These views are for educational purpose only and not a recommendation.
On a daily time frame it is consolidating. Today's candle looks promising. 20 DMA testing done. This is the trick to enter before breakout with low stop loss.
Ethereum is struggling to comeback in channel bullish sentiments is there, let the price come back in channel and ETH might retest 258 level.
ETHUSD had a nice pullback to the LOB V of the last crash. Although, It is struggling at the SnR zone. Secondly,The uptrend channel has been broken and sellers have arrived. A nice short to $84?
ethereum will touch the current support then pull back to cross 300 $ !! hope it will work