Ethereum looks really bullish wooowHELLO dear Treaders :
After a very long time, ETH has reached the declining trend line that you can see in the chart and looks strongly bullish.
Since Nov 2021, when the bear market began and the price of bitcoin and others alt-coins started to drop from their all-time high, ETH price has hit this trend line, twice (as you can see in chart).
The first time, the price hit the decreasing trend line was at USD 3570, in Apr 2022 and the second time happened today at USD 1700.
In my opinion, ETH can reach higher prices after this bear market and in my point of view, there is a great opportunity to buy ETH at USD 1700 in spot (You can consider this buy position for your future trading but do not over leverage your positon!)
In daily time frame, ETH can break USD 1700 and start a new bull run.
The first ETH strong resistance line is around 2630/2650 and therefor until we reach that price point, do not over leverage your positions and be careful about future trading.
Trade ideas
ETHUSD - Time to go up?If you look at the monthly chart of ETHUSD, you will notice that the price is at discount zone and has hit an important Discount Array (FVG). It has reached the 50% of the FVG and reacted in a positive way.
Now we need to look at lower timeframes (1 Week and 1 Day) to see if price is willing to go higher.
Now this would be the right time to Invest if we see signs of price wanting to go higher.
This is just my personal view on ETHUSD. Please do your own research before taking any decisions.
Ethereum ready to break resistance near $1680.Ethereum has broken and sustained above the resistance of $1620. There was a stiff resistance at $1680, which failed to break on Feb 02, 2023, and Feb 04, 2023. It has crossed that level just now, but the chances of a false breakout are high now. Any move above $1685 today will clearly indicate a new uptrend.
Ethereum bullish trade Ethereum stands at a make or break level of resistance on daily time frame . It will either give a massive breakout and break the resistance or it will make a double top and start to collapse . This crucial level is to be tracked as we can get good targets on either side .
Hope this analysis will help you :)
$ETH Short potential playPotential levels before eth dumps. Seems like it needs to create a deviation above range highs, take the stops and then dump. Two possible options are that it pumps quite a bit before december till 1400s and then dumps or we'll have to wait till jan for such a pattern to play out
Ethereum ETH Fibonacci WeeklyThe highest precision price is in this picture. If others are fearful, be greedy, if others are greedy, be fearful. Ethereum ETH Fibonacci weekly line, including Ethereum's short-term, medium-term, long-term, top and bottom prices, and support prices And resistance price, breakthrough price and falling price, rebound price and stepping back price, bull market price, bear market price, as long as you know how to use it, this picture is your money printing machine, the cryptocurrency market news is flying all over the world, it is better to use a few The position of the line is firm, and it is better for you to understand my picture of Satoshi Nakamoto after listening to a lot of others.
ETHUSD BULLISH IDEAETH managed to trade above the resistance and had recently broken our falling resistance, the next target for buy buyers will be 1258 as it's the closest resistance.
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
You can check all my work, you can understand my style of analyzing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
ETHUSD Bearish forecastDespite the Dollar's weakness I am using supply demand scenario and Head and Shoulder from the close box was printed too hence i expect ETH to trade down to next support.
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
You can check all my work, you can understand my style of analyzing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
Ethereum ETH Fibonacci Weekly Ethereum ETH Fibonacci Weekly, which includes Ethereum's short-term, medium-term, long-term, top and bottom prices, support and resistance levels, breakout and breakout levels, rebound and retracement levels, bullish prices, Bear market price, as long as you know how to use it, this picture is your money printing machine. The cryptocurrency market news is flying all over the sky. It’s better to stand firm with a few lines and listen to a lot of others. It’s better for you to understand this picture of Satoshi Nakamoto .






















