Looking bullish AF -Inverse head & Shoulder pattern -MACD bullish crossover -Dynamic trend line break out.
PREVIOUSLY - after resisting from 3164, it took support at 2799+ which indicates the bulls and buy on dips is sill active it breakout from the trend line and crossed previous lower high and retested will be looking for entry after second bullish sign on 2950 precisely, it may go first up and come back towards the level if it continue to upwards then...
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.
Ethereum Support & Resistances For Long & Short Trading.
respecting these levels from a very long time. a perfect support and resistance can be identified from these levels
50% quantity entry right now and save 50% for retest in case happens
On a 1D chart ETH has formed a bullish triangle. A breakout is expected. Bitcoin will bounce too supporting the breakout.
Ethereum at this point is staying close to the 50 EMA after losing strength in holding the 30 and the 15 EMA. Although we are consolidating below resistance (bullish), the break of $3336 with an hourly close above that price would favour higher prices. In failing to break $3289 shortly will result in a continuation to the downside, along with the crosses of the...
Ethereum is trading inside a Slightly Uptrend Parallel Channel. It may Take One more Swing low to break above the Resistance or consolidate near the Resistance level to break.
Ethereum 4hr parallel channel, expecting it to cross middle line of the channel in upcoming dayssssss.
Below 1720 if the selloff continues first target would be 1550.
1. Trendline support respected , View invalidate if support line is broken 2. Current in the larger wave 3 and is in the strong support zone.
After plenty of destruction in crypto ETH now reaches a critical support zone. Watch to see what it does around 1985/1950. IF it breaks below 1900 there is going to be a whole world of pain in the crypto space. If it bounces for now could get a short term bounce. It has broken the long term channel already, needs to reclaim the same and only then can there be...
ETHEREUM/USD continues its bearish trend creating lower lows and lower highs and it may not start an uptrend as long as a news comes out such as Tesla accepting bitcoins or other cryptos. BTCUSD and ETHUSD continue to move in the same way therefore if the price of BTCUSD increases, the price of ETHUSD will increase too. The candle seems to close below the support...
In the last few days, we saw the ETH price retesting the long term support, we saw a bounce followed by a retest, which could be the beginning of a massive W pattern. We are now in a period of consolidation which is crucial. The 20 and 50 EMA are about to touch each other. If we continue going upside, we might avoid that cross. In the weekly time frame, we haven't...
Ethereum Fell to lower Support right after the News with China banning all Cryptocurrency. This has happened previously in 2013, 2017 Its not the first time China has done this. This is what they do to manipulate the Price. We can expect Consolidation within the area of the blue box before price Rise back up.