Chainlink Shiba Inu Ethereum Chainlink (LINK) had been in a decline mode from the $19 resistance and has declined above 20% in the last 14 days. At press time, it has traded at $15.379 with an intraday gain of 1.63%.
Shiba Inu (SHIB) is down by 30% in the last 14 days after facing a decline from $0.00002950. At press time, it has traded at $0.00002163 with an intraday gain of 1.75%.
Ethereum (ETH) has plummeted from the $3960 peak resistance and its price has been down by more than 9%. At press time, it has traded at $3517.1 with an intraday surge of 1.40%.
Search in ideas for "Ethereum"
$ETH Bull Flag Waiting for Breakout CRYPTOCAP:ETH Bull Flag Waiting for Breakout
ETH ETF approval date is around the corner. Major resistance at $3100 level. If it breaks $3200 resistance, we could see #ETH toward a new all-time high at $5000
However, below $3200, we might see $2400
Monitor the bull flag pattern closely.
#Ethereum
$ETH Flag Pattern Alert: Below $2000 or Above $3300 for Bull RunCRYPTOCAP:ETH Flag Pattern Alert: Below $2000 or Above $3300 for the Next Bull Run
Bullish Outlook: #Ethereum is forming a bullish flag pattern, but the real confirmation will come with a breakout above $3300. Until then, don't fall for potential fakeouts.
Entry Strategy: Consider buying below $2000 if prices dip. A sustained breakout above $3300 could propel #ETH toward $10,000.
Support: $2200/$1500
Resistance: $3300/$4000
Watch Out: Keep a close eye on price action before making high-leverage trades.
ETH/BTC Chart Overview in monthlyETH/BTC Ascending Triangle Chart Analysis
1️⃣ Forming Strong Ascending Tringle in Monthly Chart
2️⃣ Price holding Strong Support at 0.045 BTC Level
3️⃣ Not Expecting Much Move but Expect Max will hit 0.150 BTC
4️⃣ If hit ETH = 0.150 BTC then CRYPTOCAP:ETH
Price will be FWB:12K -$15k
5️⃣ Supper Bullish Spot Ethereum ETF News in Q2
My Demand & Supply zone on 4H Swing Chart of EthereumTime Frame : 4H
Chart Type : High-Low
(High-Low chart type filters noise from the chart and gives us a candle with High-Low)
The resistance zone is marked on the basis of the bearish move of 13% in 10 days (13August to 22August). The price has marked a zone of 1618.50 to 1660 and now the price has further declined 5% from this zone. Now the price is at the support of the previous low of 1550.
For now we mark a support line at 1550 and as price moves we decide for our support zone with the help of High-Low chart.
Support - 1550
Resistance Zone - 1618 to 1660
Hope this helps.
Thanks
Sardar Simranjit Singh Virdi
Track the correction on 30min in Ethereum to catch the big move.Candlestick Chart
+ The moving average lines are contracted.
+ Track the price until it crosses either 50ema or 100ema lines.
+ It may test the level of 200ema to end its correction.
+ So, the levels of 1600 to 1626 may be tested to complete the correction.
Renko Chart (Brick Size = 7.5)
+ Fibonacci Retracement
The price can test the level of 1626 which is 38% level of retracement.
Conclusion:
1. The coin is in the correction mode.
2. Wait for the correction to be completed.
Thanks
Er. Simranjit Singh Virdi
BREAKOUT IN ETHEREUMlooks like ethereum will give breakout soon because no retail want to buy now at this price and sentiment is also bearish in the market this could be the best chance to buy now and short at 1635
LDO/USDT - Yearly OverviewThe technical chart of Lido DAO (LDO) highlights the rollercoaster price action. At the time of its initial launch, LDO token faced a significant downfall to the support zone around $0.50. This presented a rational buying opportunity for investors which resumed its bullish momentum and resulted in a new peak formation of around $3.00. The underlying fundamental behind the bullish move can be the anticipation of the Ethereum merge around that time. Since then, due to the overall market conditions, the LDO token has faced significant selling pressure at regular intervals.
It should be noted that the price level is again near the support zone which on the previous stance provided a huge bounceback to Lido DAO. Considering the moving averages, MA-10 has faced a negative crossover against MA-20 and MA-50 which indicates that LDO is still facing selling pressure in the market.
On the Fibonacci retracement table, the levels must maintain sustainability above 0.786 FIB level and look to break above 0.5 FIB level in the long term. The RSI level is unable to maintain sustainability above 50 which suggests that LDO has faced selling pressure as soon as there’s a profit-booking opportunity for its investors.
Considering the key statistics, resistance levels for LDO can be placed at $1.50 and $2.00 whereas the support levels can be placed at $1.00 and $0.50.
ETH may enter uptrend ETH is at an inflexion point. If it crosses 2048, we are going to get a good uptrend. Currently we are in a neutral phase. 1120-1317 zone will act as a strong support, so its safe to remain invested for non risk takers till the price is above this zone. On the positive news front, we can see that Vitalik Buterin releases an updated Ethereum roadmap with a new phase "The Scourge" and focuses on censorship-resistant and quantum proofs.
ETH cup and handle pattern - EthereumAfter descending wedge or descending channel the the breakout and restested the channel line and forming cup and handle formation where we can see of cup has complete and assuming to form a small flag pattern as its handle breakout of the neckline that is 1340 we can seek target upto 1420
JUST WAITING FOR IT TO BREAK ( ETH is all ready to bleed)from a long time I was waiting for a good entry in Ethereum
now I think we are close to good some really good short positions
the moment it breaks the trend line we will get more assurance regarding the same
I think it has a long way to go down so can get some really good profits
WAITING FOR IT TO CREATE A NEW LOW
THANK YOU
BINANCE:ETHUSDT
Significant divergence in the RSI of the Ethereum 1 hour chart.
Just a climatic buy bar (on letter A) and possible evening star reversal formation with the tic volume falling fast.
If Ethereum falls, we can correct from here until the beginning of the last bullish leg on the black arrow.
Not a financial advice.
Educational Post EthereumFormation of an ascending broadening wedge after a trough.
This type of pattern appears during the correction in a bearish movement, it is a bearish continuation pattern. Resumption of the bearish movement after correction.
Statistics of the ascending broadening wedge after a trough
- In 79% of cases, the exit is bearish.
- In 23% of cases, an ascending broadening wedge occurs in a consolidation movement.
- In 81% of cases, the pattern's price objective is achieved when the support line is broken.
- In 40% of cases, the price makes a pullback in resistance on the ascending broadening wedge’s support line.
Divergence in EthereumI think there is quite difference in the RSI and The Price of ETH. I dont know whether it can be a sign for a bullish momentum, but it surely is something as the strength is increasing or same as shown in the RSI but the Price was falling which means the price is falling but it does not have much strength and maybe its time for some bulls to takeover ETH. Please share your thoughts on my theory.
Bitcoin vs Cardano, Ethereum, Solana, SPX, NDX & DJI + Altcoins I've been looking at the major US indexes (SPX, DJI & NDX), as well as some of the TOP Altcoins within the cryptocurrency market (Ethereum, Cardano, Solana, Polkador), they are all bearish right now on the major/weekly timeframe.
This week we saw mentions in the "news" about Bitcoin and the S&P 500 Index detaching... Sounds fishy.
Maybe detach over the weekend so we get a surprise dump on Monday...
We have a strong downtrend with Bitcoin since November 10 and we were expecting a bounce and the bounce took place.
Bitcoin set the low at $32,950 and bounced to $45,850, that's 39%, really strong.
This same level where we are seeing a rejection now matches EMA50 and EMA10 (around $44/$45,000).
The weekly candle hasn't close though, it closes in 6 hours from now but the bears are getting the upper hand on this chart.
There is some potential to see the Altcoins growing, the smaller ones, while Bitcoin and the major ones correct but, there is always an initial strong reaction if the big ones drop where everything drops... We just wait, it recovers in a few days.
Stay calm.
Keep a calm mind.
As spring comes (March) everything moves ahead (UP/GREEN!).
Thank you for reading.
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Namaste.