ETHUSDT has been testing the parallel channel for the last few hours. If it breakouts a rally will be expected else it might form a new dip. DYOR
ETHEREUM/USDT, 60 Mins Bar Chart Bearish Sequence Next Crucial Support is placed @ 4140/4060 odd levels
Previous trend pullback to 50%-61.8% fib zone. Current pullback could possibly travel to similar zone marked. Note: Sometimes, simple basic ideas work wonders.
Ethereum Perfect fall after rising channel ... Took Support at 50DMA... If took Support then will see Up move to ATH If fails to support then next support at 4100 & 3950 levels... Still Bearish pattern
if it breaks the channel then min target 1 can be achieved.. keep an eye on it
4 HR Trendline Support,, In Range Right Now, Wait For Breakouy Then Retest, It will MAKE ANOTHER ATH.. DON'T MISS.
Ethereum formed a Cup and Handle Pattern previously, and hit the target. Now it has been taking support on a trendline. Currently, it is consolidating in the golden zone of Fibonacci. Now, it might retrace back to the -0.382 level and break its all time high.
Bullish ascending triangle Cup and handle formation Break out above violet rectangle
Bullish triangle Cup and handle formation too. If breaks the purple resistance we can see higher levels
either will break through to the next resistance or fall back to previous resistance @3400
ETH is currently moving in a zone from a long time and as it has been falling down, I expect it to move downwards once it breaks this level. CMP :- 2828 Target :- 1800 (I know it is is a huge one BUT this target will take a lot of time and only if it sustains for a good amount of time once this breaks this pattern) SL :- As per your risk. PS :- If it bounces back...
keep an eye on breakout. will be a good swing trade on breakout!
Flag and Pole Pattern. Breakout with good number of Volumes. Study Tips: How to Calculate Potential Target for this Pattern type breakouts? 1)Measure the Pole Length of the Flag --> Length AB = Point A - Point B. 2)Place the Pole length above Flag breakout Point --> Length CD. Where Length AB = Length CD. 3)Point C will be our Potential Target Point. **Above all...
head and shoulder pattern at 15 min time frame, using price action also we can predict the movement