#ETH/USDT has recently formed a bullish shark pattern and also displayed a clear bullish divergence, leading to a bounce from the $3100 area to grab liquidity.
Ethereum, the world's second-largest cryptocurrency by market capitalization, has been in the spotlight due to recent turbulence in the broader crypto market. Over the past 24 hours, Ethereum's price has fallen by almost 4.62%, causing concern among investors and underscoring bearish sentiments for the asset. At present, it is trading at $3,059, and the volatile...
The price action of Ethereum showed a massive upsurge in the past, which favored the bulls. The price rose from the demand zone near$1535 by the October 2023 support level and rallied spectacularly up to $4100 by March 11th, 2024.
After reaching the peak, the price fell into a wedge and started making lower lows and highs after the 12th of March, as bulls lost...
Can Ethereum ETF Bring Optimism In The Price?
In the present scenario, the Ethereum price is witnessing a strong selloff in Intraday, as it has distanced itself from the $3200 level. The crypto is headed to test the rebound level of $3000, dropping more than 5% in Intraday.
The daily chart shows a breakdown of a bearish flag pattern and a rejection from the...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
#ETH/USDT is currently poised near the golden pocket at the 0.6 fib level of $3000. Potential support levels at $2800 and $2550. Expect a bounce around $2650-$2700. #ETH #CryptoTrading
Eth formed bullish divergence , now time to grab liquidity around 3750$ then high chance to form bearish shark. so resistance is 3750$ and support 3400$.
The price of Ethereum’s Ether
ETHUSD
is up today, rising 3.5% to reach over $3,630 on March 31. ETH price is now up 18.75% from its local low of around $3,050, established over a week ago.
Capital rotation into Ether market
Ether's ongoing rise versus the U.S. dollar coincides with its equally strong gains against Bitcoin
BTCUSD
.
Notably, the widely-tracked...
On March 8, 2024, the Security and Exchange Commission (SEC) requested public comments on Nasdaq’s pending applications to permit the approval of a spot Ethereum exchange-traded fund (ETF). In response to the SEC’s request for public comments regarding the approval of Ether ETF applications, advocates of Ethereum have submitted a comprehensive letter addressing...
