Lower Highs and Higher Lows. This means that the holders are already cashing out. Ethereum will fall back into 160-180 $ range (if not lower) very soon. A good strategy would be to short ETH now and buy back later.
Not too much to say here. A non-leveraged trade on ETH/USD pair after looking at these bearish signs. We believe that it's going downtown harder this time. A short between 170-175$ with stop above 195$. Targets will be 150-130-110-90$. The next volume break should be a Bearish one let's see. In the long run we should remain Bullish for our top crypto investments.
Brief tech analysis for ETH and BTC. is it a falling knife or bounce or just consolidation? If the latter, how much longer... ?
eth broke out with a volume candle, let's see if it's a fakeout or price reaches 3600-3700
ETH continues to show consolidation as traders build potential for upward trend. If the US Ethereum ETF goes live between 2 - 4 July, it might trigger for long bull run. The chart indicates a symmetrical triangle against a bullish move suggesting potential growth.
ETH : 3 important patterns detected On the decline : 1- Rising Wedge The price can go lower to 56 000$ _______________________________ On the rise : 2- Falling Wedge : The price can rise to 4 144 $ 3- Bullish Pennnat : The price can reach 4 892 $ _________________________________ To monitor : - EMA.50 and EMA.200 - ICHIMOKU levels : Tenkan and Kijun
#ETH FORMED DOUBLE BOTTOM & slight bullish divergence conforms to clear 4100$ resistance.
#ETH/USDT pair has recently formed a double bottom pattern, finding significant support within a crucial trend box area. This pattern suggests a potential reversal of the previous downtrend and signifies a bullish sentiment in the market. With the double bottom formation in place, Ethereum is likely to experience upward momentum, aiming to retest the $3000...
#ETH/USDT has formed a double bottom pattern and is currently bouncing from the golden ratio (0.618 Fibonacci retracement level), indicating a strong support level. The next significant resistance level is around $3350. If Ethereum manages to break above this resistance, we could see a further upward movement towards the $4000 mark. The double bottom pattern is a...
#ETH/USDT has recently formed a bullish shark pattern and also displayed a clear bullish divergence, leading to a bounce from the $3100 area to grab liquidity.
#ETH/BTC is approaching the golden ratio level of 0.46 and is currently in oversold territory. Expect a potential bounce starting from around 0.435 level. Keep an eye on this for possible price movements.
ETH : Bullish possible - SHARK detected A harmonic pattern named "SHARK" has been deteted. These patterns are used especially by ALL the professional traders, Hedge funds, banks etc... The Potential Reversal Zone ( PRZ) has been reached ( white rectangle). Then the price can go to the targets mentionened on the graph : 3 305 - 3 425 - 3 620$ However the...
Eth formed bullish divergence , now time to grab liquidity around 3750$ then high chance to form bearish shark. so resistance is 3750$ and support 3400$.
ETH clearly shows bearish trend. it lost imp support trend line and also rejected from its resistance 3440$. Next support lines are 3200 and 3100.
ETH formed double bottom and bullish divergence in 1hr which good time to do long , resistance levels are 3640$ and 4000$
ETH formed bearish shark, double top and bearish divergence , targets and supports are 3420, 3300, 3150
ETH Possible Top (Trendline Resi) unlike BTC this Possible Top Trendline is from non-Log Chart
ETH is rejecting from this point becoz huge funding rate and bearish divergence and clearly needs correction to move more upwards.