ETHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 2 hour time frame. The price is fluctuating inside the downtrend channel. We expected the price to break the channel ceiling and start moving upwards but it did not have enough power to break the channel and it is moving downwards. If the canal roof does not break, we expect more fall. We identified the resistance and support ahead.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Eth-usdt
💡Don't miss the great buy opportunity in ETHUSD @ethereum Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1916.5).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 1981.5
TP2= @ 2043.0
TP3= @ 2136.0
TP4= @ 2276.2
TP5= @ 2450.5
SL= Break below S2
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🔥 Ethereum Rebound: UpdateIn my previous ETH analysis I looked at a potential short term rebound happening soon.
As of now, it appears that the ~1730 support area held strong and that ETH can potentially start a new bullish push upwards. Currently, it's all dependent on the 1880 support. If that support manages to hold, we can see the start of a prolonged bullish move and the formation of a horizontal channel.
Obviously, ETH's moves are dependent on Bitcoin's price action. In the end, everything follows BTC one way or another. Bitcoin's recent price movement is relatively bullish, so a bullish move from ETH is more likely.
Happy trading!
ETHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a time frame of 3 hours. We are in a descending triangle. If the price reaches the ceiling of the channel, we can save and if the channel breaks upwards, we can see the price increase. But if the price decreases, we consider the fall. We have drawn the price support and resistance ahead for you dear ones.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 ETH Potential Rebound SoonThe market has been dire as of late. The majority of my recent signals have been bearish, with often great results for the community. As of now, I think we might be starting to look at potential long opportunities. Obviously, the market is still unstable, but I'm not sure whether we will fall much further from now onward.
Currently, I'm eyeballing the recent low during the capitulation event on the ETH chart. Might be a good opportunity to start buying around there in the case of a strong bullish recovery move.
Always keep an eye on BTC whilst trading alts.
Happy trading!
ETHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. The price hits the bottom of our channel, we wait and look for signs to return the price and enter the trade. We identified points of support and resistance.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
Bells are ringing for ETHEREUMThere is a harmonic patern in ETH-USDT time series. From 14th of May, ETH is following a harmonic patern. In upcoming days, we may see some drops till 2250 level which is our support, and then ETH will boost to its resistance level which is around ~2850. So be patient, and wait till end of the June.
Regards and loves.
ETHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. The price has been able to break its resistance but has not been fully stabilized above it. We have identified support and resistance areas for you. We assume that after the price hits the upper level of the price channel, it can move towards its first resistance. Be sure to set the loss limit.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ETHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. The price is moving in a downward channel. In this situation, we are waiting and watching the market. We have drawn support and resistance lines for you. As you can see, the price of low ceilings and floors has created a sign of high sales in the market. Is . We have drawn a market map for you, we consider the possibility of falling in case of leaving the channel, and we predict the increase of the channel in case of breaking the channel. We can buy at the bottom of the channel and place a sale order by placing a loss on the ceiling
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 ETH Strong Reversal After Sell OffAfter a strong sell off yesterday and the day before that, ETH is regaining part of its lost ground. With BTC showing massive bullish inflow of volume, ETH will most likely follow suit.
Be aware that ETH is highly correlated to BTC. Always keep an eye out for BTC in case of a reversal.
First target would be around 2900, the top resistance area.
Happy trading!
🔥 ETH Potential Bullish Triangle Break OutIn my previous ETH signal I discussed the possibility of ETH declining towards the support of the bullish triangle and reversing from it.
Currently, ETH is making a strong upward move towards the resistance of the triangle. This signal discusses the potential break out of said bullish pattern. With BTC currently trading around a strong area of resistance it might well be the case that ETH will reverse from the top of the triangle, testing the support again or falling through it in the case that BTC will see a further decline.
Happy trading!
🔥 ETH Reversal From Triangle ResistanceETH was on the verge of breaking out of the bullish triangle earlier today. Sadly, Bitcoin is moving back into the pennant I've analysed earlier today:
This presents us with a potential short and later on long opportunity within this triangle. A daring soul could try to short ETH on the way down, whereas a more risk averse trader could try to catch the potential fall back to the bullish triangle's support.
Happy trading!
ETHEREUM READY BREAKOUT TO $4.000Based on what we see, Ethereum is forming an Ascending Triangle Pattern in 4H Timeframe. Could be good for Bullish, because the pattern usually for Bullish Reversal or Bullish Continuation.
The EMA 21,34 and 55 shows a good sign that Buyer are start kicking in, we still need a confirmation close above the Resistance Line before the rally continue.
Also be aware of decline near the Resistance, if the decline happen then we might see another rejection and retest on the Support line.
Disclaimer: This content is not a Financial Advise.
🔥 ETH Bullish Triangle SpottedJust like a lot of cryptos, ETH has been trading in a consolidating pattern for almost two weeks now. During this consolidation, ETH has started to form a bullish triangle pattern.
As we speak, ETH is reversing from the support of the triangle, potentially starting a new short term bullish move upward.
I'm not sure wether we will get a bullish break out of the pattern in the end. BTC is too unpredictable for a guaranteed push towards $3200 and beyond.
Happy trading!
🔥 Ethereum Potential Bullish Head & Shoulders Pattern AheadETH has been following the latest bearish move of BTC. For a couple of times in the last few days, ETH has failed to breach the $2900 resistance and bounced off from it.
When we draw lines between the latest local highs and lows of ETH we can see that a Head & Shoulders pattern is emerging.
Clearly, the pattern is not finished yet. However, it might shine some light on where ETH might potentially go in the near future. Also, it highlights the key support and resistance areas in the near future.
Naturally, this pattern is tied to the performance of Bitcoin. If Bitcoin suddenly falls ETH will follow, keep that in mind.
My outlook for the next 24 hours is quite bearish. If ETH were to follow the pattern, we should see another decline fairly soon. Main support area will be $2200. In case ETH will bounce we might see another push towards $2900. In case we fail, the next step will be $1850. Adjust your strategies accordingly.
Happy trading!
ETHUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price, as you can see, has implemented the shoulder-shoulder pattern. If we get out of the resistance, we will enter the trade
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
🔥 ETH Bull-Flag Break OutAfter seeing a period of consolidation, it appears that ETH (and crypto in general) is ready for a new bullish push.
Currently, ETH is trading in a short term bearish channel. An upward break out would create a bullish flag pattern, potentially indicating future bullish performance.
Key level to watch is the 2750 area. If ETH manages to break through that resistance we might push towards 3000 and beyond. Risk seeking traders might already step in around 2680.
Happy trading!