While Ethereum looks bullish over the longer term, price would need to break above the two lines of resistance for the chart to stay bullish. If price rejects here, we risk a double top which would send price back to the low $2000s. I'm leaning towards a rejection as the base case here as sentiment is pretty extreme to the bullish side. Let's see what happens...
In the big picture, extremely BULLISH!!!!!! !In a small picture!: MACD crossing down is very likely. Because macd has failed crossing, which makes the next crossing more realistic. Crossing down means BUY when the price is in red and there is no sign of green. Support points or resistances are required Under 3000k soon. The landing level is not known today, only...
This is going to be the most profitable trade of the year sponsored by BlackRock. The narrative and the technical aspects are all too obvious at this point.
Nice Head & shoulder formed on on ETH We also have a divergence with BTC where ETH made a lower higher and BTC made a higher high The thing is BTC has just grabbed liquidity and is heading to the downside now. Target the distance of the H&S to the downside which align to a strong supply zone
The price of Ethereum (ETH/USDT) has been showing significant bullish momentum over the past few days. In this analysis, we will review the recent price action, identify key support and resistance levels, and discuss potential future scenarios for Ethereum. Recent Price Action Since our last update, Ethereum has seen a strong upward movement, breaking through...
Short-term targets are at $4168, if we see a price drop to $3517, the low of wave 4, this forecast will change. More discussions on cryptocurrencies in the closed channel.
Trade setup : Price is in an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price spiked up 25%, broke above $3,700 resistance and is approaching our near-term target of $4K. It's a bit overbought (RSI ~ 70). Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $4K to signal continuation...
Eth appears to be at resistance and also I’m seeing some unusual amounts of eth being transferred to exchanges. Personally looking for price to move towards 2100-2500. THIS IS NOT FINANCIAL ADVICE
Hello, We have exciting news and insights to share with you! With the potential approval of the Ethereum Spot ETF, we foresee significant movements in Ethereum’s price over the long term. Our detailed analysis and forecast are illustrated in the attached chart, providing you with a clear vision of what might be ahead. Ethereum Long-Term Price Outlook Current...
Eth has taken marked trendline liquidity and also sell side liquidity, So now lets pump it towards 4k$+.
In my opinion, the real alt-season will not happen until the downtrend line is broken
in 4h time frame BTC is in a side trend , eth is going up and BTC.D is is going down .what do u think ? maybe we will have short Alt Season soon
Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 3,752.5. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
ETHUSD Major weekly charts You see the technical levels. We are above the trend midline and this zone is a strong support. In the back we have mayer multiple bands and gaussin channel in colour. Analysis plain and simple. now only patience. Significant volume increases in the bottom zone point to a trend reversal. Media Attention: Starts ✔ Ethereum ETF:...
Like BITSTAMP:BTCUSD and much of the crypto market, COINBASE:ETHUSD is also in a strong uptrend. A correction began in March and concluded at the beginning of May. After breaking out of the corrective falling wedge, the price rose again to the 4k zone, with a high likelihood of breaking above this important level at this moment If this occurs, I expect...
This is my long term Eth chart. Eth looks to be short term headed to next resistance at 6.6K and very likely near $20K area later this year. If it gets to $20K resistance, it's very possibly a good sell for a move back to to $4K.
#personaloutlook #marketupdate #cryptoweeklyupdate on 27/05/2024 #sekilascrypto #ETHBTC As I mentioned last week, we have successfully broken through the yellow area at 0.4883212 - 0.05036641, indicating that ETH is starting to strengthen against BTC. So, what's next for ETHBTC? Currently, it remains quite strong and bullish, but as we can see, the Stoch RSI is...