Bullish View on ETHUSDT
Trade:
Buy ETH Perpetual future at $2250
Stop Loss: $2180
Target: $2350
Payoff:
Max Profit: $100/ETH
Max Loss : $70/ETH
Rationale:
ETH has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key pivot levels at 2275 during the recent trading session, signifying...
Introduction:
In this technical analysis, we will delve into the ETH/USDT trading pair and explore crucial levels and patterns that can assist traders in making informed decisions. We will focus on the selling area at 1920 and 1940, anticipate a potential correction towards 1800, and analyze the significance of an inside bar formation within the selling area....
The Ethereum (ETH) price in USD kept growing in value over the course of April 2021, at one point reaching over 2,500 U.S. dollars. Much like Bitcoin (BTC), the price of ETH went up in 2021 but for different reasons altogether: Ethereum, for instance, hit the news when a digital art piece was sold as the world’s most expensive NFT for over 38,000 ETH – or 69.3...
Similarly to BTC, ETH is probably forming a horizontal triangle, in fact, a huge one whose targets are astronomical, ~$4000 if it breaks to the upside, $1240 if it breaks to the downside. The upper resistance matches another important level, the EMA ribbon, which ETH is right now battling against, therefore, if ETH were to break to the upside, we would technically...
The ETH crypto is experiencing a surge of 0.27% in the last 24 hours, trading at $3044.3. The price action shows a falling wedge scenario, and bears are failing at $3000 support.
Therefore, if the demand for the ETH asset price remains high, it could bounce back from the current level. The next goal for the price could be is to break out and reach targets like...
Bearish View on ETHUSDT
Trade:
SellETH Perpetual future at $2050
Stop Loss: $2065
Target: $1965
Max Profit: $60/ETH
Max Loss : $40/ETH
Rationale:
The latest price action in ETH indicates a potential pause in the rally, with some retracements observed. Additionally, a newly formed supply zone/resistance has been identified on the charts.
Currently, the...
In this technical analysis, we delve into the current market trends of the ETH/USDT trading pair. The Ethereum cryptocurrency has shown promising signs of bullish momentum, with key buying and selling levels identified for traders to consider.
Buying Area at 1760-1780 Levels:-
Ethereum's recent price action reveals a strong support zone between the 1760-1780...
Ethereum (ETH) traders have identified an intriguing chart pattern on the 30-minute timeframe—an ascending triangle pattern. This bullish continuation pattern suggests a potential breakout ahead. In this article, we'll delve into the pattern, outline the key levels, and propose a trade setup for traders to consider.
Ascending Triangle Pattern Overview:
The...
eth could show some more down move, if you haven't checked my previous eth analysis, then do check where I have provided a short opportunity
Also do folllow,like and comment ..
Btc move will help eth to go upwards or downwards but eth fundamentally have strong indicator to go upside.
#Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto #sol
61.8% is a Golden Retracement level, and ETH Classic has recovered much faster than the entire network and is on the cusp of a 61.8% Golden Reversal at $45. ETH Merge is the event that will push ETH Classic above this golden retracement level. Further, all indicators, whether short or long-term, indicate a buy. Read a thorough analysis on dasfinance.info.
The...
ETH/USDT @4hr
Formed a ascending triangle and also broke the resistance channel at top ...
Results a long opportunity above.
Confirmation:-
*Only If 4hr candle closes above 200Ema.
Entry - 2290$ to 3310$
Profit - 2350$, 2400$, 2450$, 2500$, 2600$.
Stop loss- 2275$.
#MMO
ETH/USDT @4hr
Formed a ascending triangle and also broke the resistance channel at top...
Lark Davis, a prominent New Zealand-based crypto analyst, recently hinted at a huge 6x price increase for ETH Price from its current value. According to him, the market cap of ETH is growing at an unstoppable rate, and considering the success and development of the Defi business, the bulls seem to be on the side of the second largest coin. ETH has also jumped...
Similar to bitcoin, ETH has just finished correcting the 3rd beat in its double correction ABC wave: zigzag - flat - zigzag. This 5th wave C also has a dead end (very weak wave) and cannot withstand the strong uptrend of ETH. Keep your wits about you if you are an ETH holder trader
Going along with the market wave is ETH. ETH is in the best rhythms of the H4 wave and is about to touch the price target of 4600 before correcting and then pumping to the price target of $13,000. Advice: If you have ETH, keep it tight
