ETH has given a breakout of a rising wedge, Lets wait for a rejection from the supply zone and can look for a downside of up to 1040$ for the short term and 1110 for trading
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Creating lines on a chart is one of the most fundamental methods of charting when performing technical analysis . Being able to create these effectively and quickly is a very useful skill to have.
Horizontal, Vertical and Cross lines can all be found on the drawings panel to the left of the chart in the subgroup “Trend Line Tools”. These tools can be added by...
Despite 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.
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...
The 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...
ETH 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.
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.
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...
Ethereum's sloping fan, which has green, blue and red, three fan-shaped ultra-wide-angle rays, can be used as support or resistance, can also be used as top and bottom, when the price is accurate, ether The square will touch one of the lines, and use this chart to trade accurately without drawing a line.
ETH is at an inflexion point. If it crosses 2048, we are going to get a good uptrend. Currently we are in a neutral phase. 1120-1317 zone will act as a strong support, so its safe to remain invested for non risk takers till the price is above this zone. On the positive news front, we can see that Vitalik Buterin releases an updated Ethereum roadmap with a new...
* monthly rsi at 42 which holds the bull range for rsi
* harmonic XABCD 1.13 Pattern
* nov2021 down trend line break
* above 100 DMA
* RSI constantly trying to break the 70 level for bull momentum
* supply to demand flip zone at 1000$
Double Top chart pattern
A double top chart is a classic bullish reversal, which signals end for bullish rally.
This chart pattern help traders to exist their trades if they go long on certain instrument and get prepared for selling opportunities after the break of neckline.
This chart pattern should only be considered when there's existed bullish...
The rising wedge is a technical chart pattern which traders use to identify possible trend reversal, which appears to be an upward-sloping price chart featuring two converging trendlines.
When traders find such patterns they get prepared for selling opportunities in market, and it provides lower risk setups with high rewards possibility.
Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.