After the glorious rally from 8 USD up to 420 USD within less than six months Ethereum has been in a consolidation over the last four months. It looks as though this consolidation is taking the shape of a bullish ascending triangle meaning a breakout above 400 - 420 USD will likely start the next leg up. If you take the height of the triangle and add it to the...
Volatile Market Action: The crypto market's volatile price action continued last week, with much of the previous week’s gains being retraced. Focus on Ethereum: This week, Ethereum CRYPTOCAP:ETH is at a major inflection point given the approval of ETFs by the SEC. Trend-Following Concerns: From a pure trend-following standpoint, a potential lower-high was...
Ethereum is struggling to break bullish through a minor daily resistance of $3,531, which could be interpreted as a sign of weakness. A bearish rejection of $3,531 will push Ethereum towards $3,275 and, if broken to the downside, lower to $2,800. ETH has to move bullish and break through $3,8 in the daily chart for another bullish extension towards...
Ethereum sentiment in the daily chart turned to neutral. A bullish break-out of $3,275 and a sustained price action above this level will send ETH price towards $3,837-$4,054. A sustained price action below $3,275 will push Ethereum price towards $2,800. Intraday Chart The ETHUSDT 4-Hour chart is strongly bearish and broke down through key...
Hello Traders, Let's dive into an Ethereum update in a 2-day timeframe. Ethereum has been on a remarkable upward trajectory for the past 20 days, and we're yet to see any significant correction in the market. While we've all been anticipating a healthy correction, it appears that ETH still has some momentum left to potentially reach the $2,000 mark. Looking at...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Ethereum perfectly retested and rejected, as mentioned in my last analysis, a quite nice previous weekly support zone towards the upside. You can also see that weekly market structure is now definitely back to bullish, considering that...
Hi everyone👋( Reading time less than 2 minutes⏰ ). Ethereum is moving as I expected in the previous roadmap.✅👇 At the moment, Ethereum has been moving in a descending channel for about 2 months ⏰. The structure of the waves in the descending channel is Double Three Correction(WXY) . Ethereum is currently moving in wave Y , and I expect this wave to end...
Hello @TradingView traders! This is @Vestinda ETHUSD price analysis. Last week in crypto was good in terms of inflows; the overall market cap surpassed 1.2T. Ethereum, meanwhile, had a little breakthrough from $1700 and now appears to have room to increase to $2000 after an Adam & Eve pattern developed. A brief Explanation of the Adam and Eve Pattern The...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Ethereum is about to retest a massive previous weekly structure area exactly at the psychological $2000 area which was quite strong resistance in the past. You can also see that Ethereum recently broke out of a symmetrical triangle and...
Ethereum Chart presents 2 bearish divergencies inside of a Bearish Pennant. Considering also the Elliot Waves price target and the Fibonacci retracement tool, i assume Ethereum will reach $1330 soon. Looking forward to read your opinion about it.
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price formed an upward impulse from the buyer zone 1460-1490. Later, Ethereum created a symmetrical triangle and trades inside of it. You can also see how the price tested the resistance area of triangle from which it bounced back and to decline. The price is...
Today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD). Ethereum price has been pumping recently and there is potential for it to keep moving higher, but ETH price and the RSI just made a lower low. If price keeps heading lower, it may come back down to where the recent pump started which is about a 30-35% correction,...
Today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD). Ethereum price has been pumping recently. So where could the price get up to before a retracement? I used the VPVR (Volume Profile) and Fibonacci Retracement to get an idea of where the price will see resistance and possibly heading back down. RSI is very high so a...
Hello Community, With the end of the year 2022 many interesting setups within the cryptocurrency market are present and as I spotted the most important ones Ethereum is one of the setups which I want to present here. Already within the past years, the cryptocurrency has developed several times with a period of increased volatility during the holidays and...
Ethereum is looking more bullish after it has broken a resistance zone,H1 trendlind and the price has retested the broken resistance zone (now support zone) and it has formed a reversal candlestick on the H1 bullish trendline and that give s us a clear buying signal.
This is my analysis on #ETH #Ethereum and why I think we are about to see a mighty dump to close the shorts accumulated since MAY. It might not happen all at once. Keep an eye on the longs.
Ethereum Pulls Back After Unsuccessful Attempt To Settle Above The 20 EMA Crypto Markets Are Under Pressure At The Start Of The Week Ethereum failed to settle above the 20 EMA at $4,300 and declined towards the support at $4,100 while Bitcoin moved back below the 50 EMA at $59,000. Ethereum is currently trying to settle back below the support level at $4,200....
Ethereum is on the final approach to $4,400 after bringing down the barrier at $4,000. The SuperTrend and the MACD indicators sustain buy signals as buyers flock to the market. The cryptocurrency market is currently shining a light on the altcoins following weeks where Bitcoin has solely rallied to higher levels. Ethereum appears to be leading the pack after...