Strong resistance at 4700s. If rejected, will range from 4000s-4700s for awhile.
Ethereum will overperform with btc pair Entry below $4000 Stoploss $3800 Target $4300 Target $4550
ETH is currently breaking through a barrier of resistance. The red zone of resistance is looking like it will be flipped into support. I personally think it could go up if it will re-test the red area as support. The RSI & MFI are saying hinting on more upside potential.
Looking into the previous bull run and the current bull run , its clearly evident that the candle has fallen away from the bull wedge ,
Ethereum Has broken out of short term consolidation and it seems to bullish for the shorter time frame. So it may Rally Further or Retest the trendline to rally. If it breaks the current support trendline, it will find support near the trendline below it. If Traders have higher risk appetite, they can extend stoploss to take supports from trendlines below.
#ETH making a Cup & Handle on Daily chart Cup depth of approx 2200 points TGT 6200++
ETH had brokeout from the trendline recently and it is bouncing back from the trendline after retesting it, so i see this as a perfect opportunity to long ETH. As it had corrected for more than 5 months i guess there will be decent upside move in it in coming months. It is advised to add some more qty if it breaks the ATH.
Any breakout above the neckline will give a big target.
If ETH break the 4000 resistance then it can go 5000$ in no time. This is only just short term prediction in long term it can go up to 10000
eth shorts to the moon mitigation of valid supply zones before institutions can bring lower prices
Ethereum against BTC got a beautiful bounce of the support of the rising wedge. Since we're still inside the wedge I'm still incredibly bullish on Ethereum (even more then on Bitcoin). We just flipped the resistance of 0.071139 into support. The next level that I'm watching is the red line at 0.731. I think we're going to see some action of ETH very soon. Let's...
ETH 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.
Ath soon on eth. expecting the new high after short consolidation
This is not a prediction, I am not planning on shorting it (unless it starts to become dead obvious) This is something that has non zero chance of happening so definitely something to be aware of/prepare for. Dont get caught without a chair if the music suddenly stops :) Good Luck!
BUY above :- 3250 T1 :- 3307 T2:- 3366 T3:-3401 T4:- 3614 ( stop loss according to your pocket )
Pay close attention to what the chart has been doing . Cut the noise and do what you have to do ,incase this plays out.. Clear invalidation below 1700s . Good luck .
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Only 2 days are left for Ethereum's Hard Fork, this upgrade will be very critical for the Ethereum based dApps. Ethereum London Hard Fork popularly known as EIP-1559 Upgrade is scheduled to go live on August 6th. The upgrade is expected to reduce the gas fees being charged on transactions by implementing a base fee pricing mechanism that would dynamically change...