Important move for ETHEtherum is in a triangl formation. Now we have two possible targets.
Bullish target around 3500USD
Bearish target around 1500USD
It is very important to wait for break and then take retest.
Ethusdtlong
Alternate ETH/USDT Triangle IdeaHi Guys,
I just wiped my chart clean and re-plotted ETH/USDT and noticed that there's another way that the triangle could potentially be drawn where we did not break out of it yet. Since I always strive to provide accurate technical analysis with no bias, I wanted to show you the second possible scenario that I have found even if it's not quite as bullish as the first. The target for this triangle would be around $4,100 if it were to break out to the upside.
Happy Trading!
Pat
2 Week Sym. Triangle Breaks Up ETH/USDTThis is huge for the whole crypto space, signaling the first bit of recovery hope we have seen since the huge dump. Our target on this macro pattern is $4,300!
ETHUSD Buy Analysis Hey traders, here is the analysis for the ETHUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
Inverse head and shoulders doe both $BTC and $ETH 1h and 4h
my charts a little sloppy but however i have support and resistance marked on both.
anyways to confirm this pattern to the upside for a long position we will need to see a
break above the neckline. price target for BTC will be roughly 48k if you want to be more
conservative then 42k range we will face resistance again so likly a good spot to take some profits
just a idea NOT A FINANCIAL ADVISOR! Your responcible for your own gains and your own losses
ETHEREUM - 3700-3850 ULTIMATE TAREGT Ethereum
ETHUSDT looks more bullish vs BTCUSDT purely because of ETHBTC strength. We expect 3200-3500 initially and 3700-3850 subsequently once Channel Resistance breaks. Expect pullback from that zone before fresh breakout
1900-2200 Dips Buy Zone
Confirmed breakout entry above 2755
Ethereum (ETHUSDT/ETHBTC) Breakout!Ethereum is breaking out with confirmation. Lets take a look at both the ETHUSDT and the ETHBTC charts, as ethereum is breaking out on both charts.
Looking at the ETHBTC chart, we see that ETHBTC has been trading in a tight descending channel. As I previously mentioned, if we break above the channel resistance, we are likely to see a big pump. Price has broke above the resistance. At the point of the break, there was a lack of volume, but after price consolidated, volume is now coming in as price is breaking higher, critically past the high of the initial break. If the close of this hourly candle can engulf the bodies of the previous candles, we are likely to see continuation upwards.
We see a similar pattern on the ETHUSDT chart. Here we have more of a trendline resistance than a channel, but in a similar way to ETHBTC, price broke above the resistance, consolidated, and is now breaking upwards with volume confirmation. When both ETHUSDT and ETHBTC pairs are telling the same story, the probability of the move is higher. And all this happening as BTCUSDT is also breaking its resistance at 35.5K adds more confirmation to the move.
As always, everything is just my opinion and not financial advice, DYOR, and stay safe!
will ETHUSDT hold support zone 20xx-17xx?will ETHUSDT hold support zone 20xx-17xx? if ETHUSD still in up trend it has to be grown from this demand zone.
ETH Will Bounce Back Towards 3200$ SoonHello Dear Traders,
Bcoz of btc dump ETH Declined 56%. This crash of eth was horrible and unexpected. now eth has reached to demand zone which is 2000$ area. i m expecting soon crypto market will retrace upper side. Eth will test 3200$ soon, whoever bought eth at higher price u can consider to exit at 3200$ zone.
Higher timeframe of eth is highly bearish.
ETHUSD crash will startHi there,
ETHUSD looks topping here, with a bearish pattern about to start, this is the classical bearish pattern to trap in more bulls right at the top before the downfall begins.
Watch lower timeframes for entries,
Good Luck
See Fibonacci Retracement in the ETHI am very tired these days
In the coming days, I will make more detailed analyzes with specific entry and exit points
Please support me
ETH correction is doneAfter correction ETH is likely to pass $3600 upward which then next price will be $4200.
Ethereum 4Hour - Quick Reversal?This chart suggests a reversal will be soon for Ethereum at .618
Also right along with a touch on the 100 MA line
Entering a new week on the crypto market Ethereum looks really strong when comparing to BTC
ETHUSD Buy SignalHey traders, here is the analysis for the ETHUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
