Technical Analysis of Ethereum - Weekly Time Frame
👉🚀Here is a #technical analysis of #Ethereum #ETH based on the most recent data and insights from the
📉📈Chart
Key stats
Breakout soon in ETH?Descending Triangle Breakout Setup
Bounce from strong support
RSI reversal in daily chart
Enter after confirmation
Disc: for study only, not a recommendation
education purpose only - ETHon a short term chart Cup and Handle pattern is in preparation.. if it is formed and BO has come than a large move can be expected...
Lets see how it future will unfold..
ETH - To go above 41K !!!we can see ETH taking support near the green path area shown in chart. But Red line is current resistance line. Breakout of Red line could take price above 41K !!! Till then price could dance between red and green lines shown in chart, one may buy and go long now for quick returns since all crypto
Ethereum 4 Hour Technical AnalysisAnalysing Ethereum on a 4-hour chart involves looking at various technical indicators and chart patterns to assess potential price movements. Here's a chart based on current data and insights from various sources
ETHUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARDETHUSD SHOWING A GOOD DOWN MOVE WITH 1:7 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the mark
will be waiting for shift in market structure in 5 min tf eth has been following a down trend since many days and untaped OB still pending on the downside which is your last chance to catch the move in etherium to get it back to 4000$.The only big opportunity coming to make big money ,keep a eye
Ethereum at a Critical Turning Point: Head & Shoulder PatternEthereum Technical Chart Study
Ethereum is showing some interesting price action. It recently took resistance from its resistance zone and is now forming a classic Head & Shoulder pattern—a structure often signaling potential reversals.
Currently, the price is sitting right at the neckline of the
EthereumFlag in Making in 1hr time frame. Draw the same flag in trading chart and wait for breakout on either side with strong candle. Happy trading. Text me on 9883853020 to know more.
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