When Ethereum (#Ethereum) tests its long-term trendline support, it often sparks a significant upward market movement, known as a bull rally.
#Pattern_Recognition: Ethereum (#Ethereum) has shown a recurring pattern where testing its long-term trendline support has resulted in substantial bull rallies.
#Historical_Timing: Notably, each of these support tests has...
Ethereum "Broadening Top" Pattern
Hourly (4H)Time Frame Analysis
A bullish reversal pattern is a broadening bottom. Two divergent lines that are horizontally symmetric form the pattern. As a result, it is a reverse symmetrical triangle. As a result, the oscillations between the two triangle terminals are becoming increasingly large.
Currently, Ethereum is in...
The above chart of Ethereum Classic (ETC) laid out the falling wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish reversal.
This pattern indicates a...
We have the same chart here we looked at on August 4, Ethereum aims at $6000 (see it here) .
We have really strong technicals in favor of the bulls/green side.
The consolidation has been really strong with the price staying above the blue space on the chart (our "last barrier").
The price not dipping lower is a good/positive signal.
The longer we have this...
We've been looking at Bitcoin lately and neglecting Ethereum and other Altcoins... What a surprise to see the ETHUSD chart.
Join me for some cryptocurrency chart related entertainment.
Ethereum (ETHUSD) Daily TF Chart Analysis by Alan Santana
ETHUSD is now facing resistance while slowly but steadily moving higher...
We can see a strong resistance level...
Another one of the big buys, Ethereum (ETHUSD), is also aiming lower...
What do you think will happen when big money flows out of Bitcoin, Ripple, and Ethereum?
Where is this money going?
The smaller altcoins of course... We are talking about thousands and thousands of altcoins.
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Back to Ethereum...
We can see prices moving below EMA10 and the exact...
The queen of cryptocurrency Ethereum (ETH) is volatile Ethereum ETH price analysis charts are a telltale of the thrashing it received for one reason or another. In the past five days, the Ethereum price went up as high st $192. but unable to break through to the previous high of $192.86 on the 29th of October, but unable to break through to the $200 psychological...
Hello Traders,
Get ready to play a positional trade in ethereum on weekly tf.
The correction was started from the levels of 4868 in Nov2021 and after 18 months of correction the ethereum is getting ready for an uptrend.
Let's understand the technical data
ema(20,50,200) - Buy
ema(100) will act as a Resistance1
Level 2023 will act as a Resistance2
...
Hello All, I am back again, with another profitable trade ... Ethereum Crypto Currency..
As you can see Ethereum is at crucial stage, One can expect a bounce back from this stage, if it does, you can expect a rally of 50% -60% upside…
Pls Note: these are for education purpose, trade as per your understanding and knowledge ....
Risk is to reward ratio is...
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...
We have another very good close for Ethereum (ETHUSD) on the weekly timeframe.
Last week closed above $3,600, this can lead to even higher prices.
Now, $3,900 might sound like a lot but only if you are comparing to earlier prices... Remember when Bitcoin was $3,000?
Bitcoin is now worth over $58,000 for one single coin... Ethereum can go through something...
Ethereum is struggling to recover above the $150.00 resistance level, following last weeks sudden drop towards the $135.00 support zone. ETHUSD bulls need to rally the cryptocurrency above the $170.00 level to change the short-term bearish outlook. Ethereum continues to have a high correlation to Bitcoin and could trade sideways until BTCUSD bulls return.
• If...
Heath Tarbert, head of the United States Commodity Futures Trading Commission (CFTC) talked about the future of cryptocurrency and the government regulations on cryptocurrency as well in the recently held Yahoo Finance’s All Markets Summit in New York City on October 10.
The native derivative cryptocurrency of the Ethereum ecosphere, ETHER was seen as a...
The mysterious group named The Rocket Team uncovered Avalanche which is a ground-breaking understanding component between the new Snow-Avalanche group of conventions, which is presently expedited the main savvy contract stages “Ethereum”. A rising mix of these two is seen in the crypto economy.
Emin Gun Sirer who is Cornell educator and AVA labs organizer...
Ethereum has pulled back towards its opening weekly price after bulls failed to build bullish traction above the $180.00 level. Weakness in the altcoin space is also weighing on Ethereum from a technical standpoint, as investors increasingly favor Bitcoin. Overall, the ETHUSD pair has strong support from the $160.00 level and is still likely to move back towards...
Ethereum is attempting to recover earlier losses after the second-largest cryptocurrency found strong technical support from just above the $200.00 level. Further technical weakness in the ETHUSD pair should be expected if sellers keep the price below the $220.00 support level. Overall, a major test of the Ethereum’s 200-day moving average, just above the $170.00...
Ethereum is under heavy technical selling pressure on Friday after breaking under the important $270.00 support level. The ETHUSD pair is tracking Bitcoin lower and is now trading below the neckline of a head and shoulders pattern with a downside target of around $85.00. The $220.00 support level is the next bearish target if Ethereum sellers continue to hold...
Ethereum has returned towards the $260.00 resistance level as the second largest cryptocurrency tracks the broader market higher on Thursday. Ethereum is still in the danger zone while trading below the $280.00 as the bearish head and shoulders pattern still remaining valid. Overall, the ETHUSD pair is still tracking BTCUSD fairly closely this week and has yet to...
