Ethereum - ETH - Should be rising to test overhead resistance? Can ETH breakout and trend back to $4000? We will see? Edutainment Purposes Only!
ethereum forming bullish expanding triangle pattern
Ethereum has fully retraced its rally to find support at $3148. Some green triangles on the KRI indicate that this is a strong level of support. But if this breaks, there is a vacuum zone down to the $2K handle, where $2965 should hold. If current levels of support hold, then $3324 is a reasonable level for a relief rally to target.
Ethereum made a run for higher levels, but appears to be facing resistance at the 0.618 Fibonacci level. This coincides with our technical level at $3646. We are finding support at $3461 at the moment, as confirmed by a green triangle on the KRI. If this does not hold, we should find further support at $3341, but after that, we will find ourselves back at the...
Ethereum has inched above the highs of the range it has been holding since the giant sell off from the $4K handle. We had established the highs of the range around $3550, but are currently testing $3646. A red triangle on the KRI indicates that we are seeing some resistance at this level. This is a significant level because it is one of the last levels in the...
Ethereum / U.S. Dollar ETH/USD has been In a Symetrical Triangle in Smaller Time Frame 2Hours! But The Price has already done a Break out and now is moving Upward! the Bullish Movement can be up to 3850$! there is also the matter of Crab Pattern , which is pretty visible on the chart and this pattern has fibo confirmation 1.618. Crab pattern also shows a...
Ethereum ($ETH) BULLS applying buying pressure. A close above the descending structure will confirm the upside break out
Ethereum continues to range between $3148 and $3473. Several red triangles on the KRI suggest that we are facing resistance at this upper bound. The KRI has slumped, suggesting ETH will trade sideways until some momentum comes through. If we do break out, the next level above is $3646, which should provide resistance. From below, we should get support from the...
Ethereum is ranging with the rest of the crypto market. We had a bit of volatility bleed into ETH from news that Walmart was going to be accepting Litecoin payments. This turned out to be fake news, and the markets retraced all of that hype buying entirely. We saw support from lower levels in the $3K handle, namely, $3200 and $3148. We will have further...
Ethereum is testing lower levels in the $3K handle. In particular, we are finding support from $3148 and $3200, as confirmed by green triangles on the KRI. If these levels continue to hold then we should be able to test the upper bound at $3473. We will know if we are wrong really quickly if we break through $3148, which is our last support level in the $3K's. ...
Ethereum has made a run for higher levels, forming a bear wedge with an upper bound around $3550. This gave bulls some high hopes of a breakout, but reluctantly, we have rejected these higher levels for now, and have broken to the downside. We are seeing support at $3324, a level we have been discussing in these reports for months. Savvy readers would have been...
Ethereum ($ETH) BULLS showed up today edging out the BEARS slightly. Sitting at $3,418 resistance
Ethereum faced heavy resistance at $4,000 after a very strong uptrend. With this correction, ETH will be looking to build up strength again for the next push-up. The support indicated by the chart is where ETH will likely find support to resume an uptrend. The Red line is where ETH will find heavy resistance once more. This suggests ETH supports are ~3,000 -...
Ethereum ($ETH) BEARS are also in sell mode. Struggling to maintain $3,418 support
Ethereum has plummeted from relative highs at $4K, spanning $1K to test $3000 before it recovered and equilibrated finally in the mid $3K's. It appears to be finding good support at $3200, as confirmed by a green triangle on the KRI. Watch for ETH to establish value here and potentially form an inverse head and shoulders before making a run for higher levels and...
Ethereum is trading within the framework of an Down trend that aims to complete the Fail to levels 2950.00 provided that it does not close above levels 3636.00
Ethereum, Time for a pullback. The next support is..
Ethereum has rejected relative highs. Many of us had highs hopes for the $4K handle, which would have been a strong sign that we were ready to make new highs again. We are seeing strong support from our level at $3646, finding support just above it, as confirmed by a green triangle on the KRI. In fact, we have already retraced about hald way through the vacuum...