Ethereum Buy Pure Price actionEtherium on the upmove after retracement. It is purely pricce action based trade.
just for learning
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Ethereum is EtherealLooking bullish AF
-Inverse head & Shoulder pattern
-MACD bullish crossover
-Dynamic trend line break out.
ethereum buildup
PREVIOUSLY - after resisting from 3164, it took support at 2799+ which indicates the bulls and buy on dips is sill active
it breakout from the trend line and crossed previous lower high and retested
will be looking for entry after second bullish sign on 2950 precisely, it may go first up and come back towards the level
if it continue to upwards then will skip this trade
the reason for double retest is to see another confluence of double bottom on the 50ema bands could add strong signs for our trade
profit taking levels based on fib extensions will be 3164 and 3370
Ethereum ETH in Bullish triangleETH is in ascending triangle on a 3 day chart. To me, the top is not yet in. This has to go more. And it will also push BTC up just like last time.
ethereum perfect level givenrespecting these levels from a very long time. a perfect support and resistance can be identified from these levels
ETHEREUM Breakout soon.On a 1D chart ETH has formed a bullish triangle. A breakout is expected. Bitcoin will bounce too supporting the breakout.
ETH$ - both ideasEthereum at this point is staying close to the 50 EMA after losing strength in holding the 30 and the 15 EMA. Although we are consolidating below resistance (bullish), the break of $3336 with an hourly close above that price would favour higher prices.
In failing to break $3289 shortly will result in a continuation to the downside, along with the crosses of the 15 and 30 EMA to fall below the 50 EMA. This will result in a drop to 3055.
ETHUSDTEthereum is trading inside a Slightly Uptrend Parallel Channel.
It may Take One more Swing low to break above the Resistance or consolidate near the Resistance level to break.
ETHEthereum 4hr parallel channel, expecting it to cross middle line of the channel in upcoming dayssssss.
ETH - Long 1. Trendline support respected , View invalidate if support line is broken
2. Current in the larger wave 3 and is in the strong support zone.
Ethereum - Demand ZoneAfter plenty of destruction in crypto ETH now reaches a critical support zone.
Watch to see what it does around 1985/1950.
IF it breaks below 1900 there is going to be a whole world of pain in the crypto space.
If it bounces for now could get a short term bounce.
It has broken the long term channel already, needs to reclaim the same and only then can there be any bullishness in the space.
ETHUSD SELLETHEREUM/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 level with huge momentum/volume which may mean that sellers may take impulse entries till 2000ish as it is a psychological level before a retest to its support forming lower high before continuing down till the next 4 hour key level i.e. 1930.
Ethereum kinda looking bullishIn 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 seen any bear signs in the EMA, despite the huge correction, we came down to test the 20 EMA and so far we've seen a clean bounce, so technically, we remain bullish. In the next few days, we'll be testing the 20 and 50 EMA, we must remain above them to continue this uptrend.
Now, talking about the MACD we are seeing quite surprising levels; in the daily time frame, we are incredibly low. Also, the MACD is sloping up, which, in my opinion, looks like we are going to have a bull cross in the next few days.
If we continue like this, it is very likely that in a couple of weeks we retest the ATHs and continue the uptrend.
Let me know what you think about this idea.
Rising from the FallEthereum 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.
Ethereum ETH created a new supportSince 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.
ETH wedge pattern. ETH might be breaking outEthereum 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.
