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
Ethereum, making some moves and likely to show a bottoming pattern in place. Watch the levels for a possible dip (last chance to get on the long side) for a move to $370. Longer term descending triangle target reached, followed by a bounce and a higher low while forming an ascending triangle pattern at the moment. 370 should be an interesting level to watch. A...
If the support or resistance breaks there is a chance of up or down move a little.