MAY 10 ’24 - ETH - FORECAST This is a prediction of the next 24 hours I use a combination of indicators from ChartPrime and luxAlgo. The Green is the daily channel extrapolation continuation ranging from the middle of the previous day’s extrapolation The Orange is the projected extrapolation forecast based on the current day Happy Trading! -MV project W/L 11:3
Just a joke maybe but here some considerations... each peak is reached in 1/0.606 * previous cycle length, which is oddly close to the inverse of the golden ratio. The Q1 peak in 2024 seems to have occurred oddly in advance. Resistance of bear markets can be found at a common focal points and all have an angle of approx 20° on the linear scale. this...
SEC postpones yet another decision on a spot Ether ETF application 🙄 The Securities and Exchange Commission (SEC) has postponed its decision regarding the application of Invesco Galaxy’s spot ETH ETF to July 5. The US regulator had already delayed its decision regarding Van Eck’s similar application to May 23 and that of Franklin Templeton’s to June 11. Few...
Watching Ethereum (ETH) closely after it reached a high of $3,040 on a 4-hour timeframe chart today. If support at $2,923 crumbles. A break below this level could send ETH down to $2,874. However, there's also a chance for a breakout on the upside. If Ethereum can overcome resistance at $3,100, it could surge towards $3,160 or even $3,200.
Bullish week for Ethereum Current price $3031,00. Lots of potential to reach $4000 and higher. Rsi = Bullish Stoch Rsi = Neutral > Bullish Macd = Neutral > Bullish
Ethereum—some call it the silver of cryptocurrencies; obviously, Bitcoin is the gold. Anyway, continuing from the last ETH analysis, ETH is still moving in a wide ascending channel. Currently, ETH is oscillating in a triangle pattern that is sloped slightly upward. At the same time, there is a horizontal resistance/support area that acts like a magnet. Also, the...
expecting a short buy setup breaking htf supply zone + small sell to setup optimal buy setup potentially creating h1 inverse head and shoulders
The price has completed the final wave of the falling wedge pattern.
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame with Breakout of Lower Trend Line and Retracement Impulse Correction
At the beginning of last week, the market fell further, with BTC reaching below 57000. But then V-Reversal came along. Last Thursday, the FOMC was held. The Federal Reserve kept interest rates unchanged, in line with market expectations. However, monthly Treasury bond redemption dropped from US$60 billion to US$25 billion, exceeding market expectations. While a...
Hi. BINANCE:ETHUSDT Today, I want to analyze ETH for you in a 12H time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the...
Ethereum (ETH) is a decentralized blockchain network that hosts the cryptocurrency Ether, which acts as a 'fuel' for decentralized apps on the network. Since it launched in 2015, Ether has quickly rivalled Bitcoin as one of the world's most valuable cryptocurrencies in terms of market capitalization. The chart gives a full picture of the ETH/USD live price. You...
Hello,Traders! ETHEREUM is going down But a horizontal support Level is ahead at 2832$ From where I believe we Are likely to see a bullish Rebound and a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Ethereum (ETH/USD) is falling towards the pivot and could potentially bounce from this level to the 1st resistance. Pivot: 2,863.34 1st Support: 2,744.38 1st Resistance: 3,048.22 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
What about #Ethereum? The other day I saw an analysis that ETH could fall to $1000, is this possible? 🤔 I think - No. 📝The main arguments of the analysis were that ETFs #ETH will not be accepted. In my opinion, this is already laid out in the market, because at the polymarket, where people bet money on the probability of such an event, there is only a 7-9%...
#ETH had a strong price increase in Q1 2024, prices have now completed a correction and are ready to return to gain higher. The new opportunity at the current price 🟢 This is a sign calling for a continous upside to pass $5.000 Current ETH: 2980 🚀
The current price on Ethereum is mirroring price action from the retracement during January 2021 - July 2022. Expect price to fall between 5-6% before the bull market starts!
ETH has broken down the upwards sloping trend line. We are on high alert for further downside. If we see a confirmed candle breakdown, then we have mapped out tow downside support price targets. Are you buying or selling the dip? Let us know in the comments below