Ethereum can correct to support level and then continue riseHello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and declined to the mirror line, where it at once turned around and in a short time rose higher to the 3530 level with the seller zone, thereby breaking them. But soon, ETH declined lower this level this mirror line, breaking them again and fell a little lower, after which in a short time rose to 3270 points. Then price turned around and made a strong impulse down to the support level, which coincided with the buyer zone, thereby breaking the mirror line with the 3530 resistance level one more time. As well then, the price started to trades inside the range, where ETH rebounded from the support level and tried to rise, but at once made a correction. Then price in a short time rose to the top part of the range, after which rebounded down to the buyer zone, which recently turned around and started to rise. So, at the moment, I think Ethereum can make small correction to support the level and then continue to rise. For this case, I set my target at the 3200 level inside range. Please share this idea with your friends and click Boost 🚀
Eth-usdt
HelenP. I Ethereum can make small move up and then fall to $3065Hi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price recently traded between the support level, which coincided with the support zone, and later broke this level and declined to the trend line. After this movement, ETH rebounded from the trend line and made impulse up higher than the 3065 level, breaking it one more time and starting to trades in consolidation, where Ethereum in a short time rose to the resistance level, which coincided with the resistance level. Then price rebounded from this level and declined to the trend line, and even later declined lower this line to the support level, but at once rebounded and made a strong impulse up to the 3290 resistance level and broke it. After this ETH a little rose, after which turned around and in a short time declined below the 3290 level, breaking it one more time. A not long time ago Ethereum fell to the trend line and broke it too. So, now, ETH trades near the trend line and I expect that the price will continue to decline to the 3065 support level, but firstly it makes a little move up. That's why my target is its support level. If you like my analytics you may support me with your like/comment ❤️
ETHEREUM - Price can continue to rise to $3445 resistance levelHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to rising channel, where it reached $3445 level, which coincided with resistance area.
Soon, price broke it and rose to $3728 points, exiting from channel and starting to trades in wedge.
Inside wedge, price made downward impulse from resistance line to support line of wege, breaking $3445 and $3015 levels.
Later ETH turned around and rose higher $3015 level, making fake breakout and some time trading near $3015 level.
Then price some time traded in wedge and recently in bounced up from support line, thereby exiting from wedge.
Now, I think Ethereum can make a small correction and then continue to rise to $3445 resistance level.
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Ethereum can make small movement up and then bounce downHello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price some time traded between the resistance level, which coincided with the seller zone, and after the price broke it again, ETH turned around and in a short time declined to 3230 points, breaking the resistance level one more time. Then the price a few moments later turned around and made a strong upward impulse, breaking the 3530 level again, but soon turned around and entered to downward pennant. In this pattern, ETH made a downward impulse to support line, breaking 3530 and 3115 levels. But soon, Ethereum made impulse up from the support line of the pennant to the support level, which coincided with the support area and even rose higher but later declined back to the support line. A not long time ago price bounced from the support line and in a short time rose to the resistance line of the pennant, breaking the 3115 level again. Soon, Ethereum exited from the pennant pattern and now it continues to rise. In my opinion, ETH can rise a little more and then decline to the 3115 support level, which is my target. Please share this idea with your friends and click Boost 🚀
ETHEREUM - Price can break resistance line and continue to growHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Recently price started to trades in flat, where it in a short time rose to resistance level, which coincided with resistance area.
Then price made little correction and soon backed up to resistance area, but later declined to bottom part of flat.
ETH made an upward impulse to resistance line, and soon turned around, after which made fake breakout of $3590 level.
After this, price in a short time declined to $2950 support level, which coincided with support area and started to trades near.
But recently ETH bounced up to resistance line and now I think price can little fall and then rise to $3300, breaking resistance line.
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HelenP. I Ethereum can break trend line and continue to fallHi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price some time ago started to trades in consolidation, where the price in a short time declined to the resistance level, which coincided with the bottom part of the range with the resistance zone. After this movement, ETH some time traded near this level and then started to grow to the top part of the consolidation, and when the price reached it, Ethereum turned around and started to decline. In a short time, the price fell to the 3245 resistance level and soon broke it, thereby exiting from consolidation, but later price tried to rise higher and soon failed. Then ETH declined to the trend line, after which it started to move up and in a short time it rose to the resistance level again, but recently the price turned around and declined back. Just now, ETH continues to trades very close to the trend line and I expect that Ethereum will rebound from the trend line and then start to decline even lower this line, breaking it. That's why I set my target at the 2865 points. If you like my analytics you may support me with your like/comment ❤️
Ethereum can exit from pennant and decline to 3370 pointsHello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price a not long time ago traded near the resistance level, which coincided with the seller zone and soon broke this level and rose a little higher but soon turned around and in a short time declined to the support level, breaking 3550 level again. After this, the price even declined lower support level to the buyer zone, but soon backed up, thereby making a fake breakout and starting to trades in range. In the range, ETH reached top part, after which turned around and declined to the buyer zone one more time, where the price reached the support line of the upward pennant, and then Ethereum made a strong impulse up. After this movement, the price exited from range and soon reached the resistance level, which broke soon too. Next, ETH reached the resistance line of the pennant and then started to decline. In a short time price fell to almost the support line, but then it turned around and rose back to the resistance line of the pennant. But recently, ETH broke the resistance level one more time and declined to the support line of the pennant back. So, now, I think Ethereum can rise to the resistance line and then rebound down the lower support line of the pennant, thereby exiting from this pattern. For this case, I set my target at the 3370 level. Please share this idea with your friends and click Boost 🚀
HelenP. I After strong impulse up, Ethereum can fall to $3410Hi folks today I'm prepared for you Ethereum analytics. A not long time ago price declined to the resistance level, which coincided with the resistance zone, and soon broke this level. After this, ETH made a retest and in a short time declined to the support level, which coincided with the support zone and even lower, thereby breaking the 3235 level and reaching the trend line. Then price rebounded from this line and made impulse up, breaking the support level one more time, and started to trades in consolidation, where ETH at once made a correction. After correction, the price rose to the 3665 level, but at once rebounded and in a short time declined to the support level, breaking the trend line. Price some time traded near this level and then made a strong impulse up to the resistance zone, breaking the trend line, and resistance level and exiting from consolidation too. But a not long time ago Ethereum turned around and declined below the resistance level with the trend line, where at the moment it continued to trade near. For my mind, ETH will continue to decline, therefore I set my target at the 3410 level. If you like my analytics you may support me with your like/comment ❤️
NKNUSDT 1W LONG📈Hi all. NKNUSDT has been in accumulation for almost 2 years, with increased volumes. I am considering spot recruitment now, with possible additions, which I will inform you about additionally (if there are any). Everyone can see the accumulation, so there is a high probability of collecting liquidity and then going up. Also long during breakout/retest. Marked goals and levels.
Ethereum can make small move down and then rebound upHello traders, I want share with you my opinion about Ethereum. Observing the chart, we can see that the price a not long time ago declined to the current resistance level, which coincided with the support line, and at once turned around and started to move up near this line. In a short time later ETH reached a resistance level, which coincided with the seller zone and broke it, but soon price turned around and declined back to the support line, breaking the 3600 level one more time. Some time ago Ethereum reached this level again, and entered to seller zone, after which rebounded down to the 3250 current resistance level, which coincided with the buyer zone, thereby breaking the support line. After this movement, ETH started to trades in a range, where it rose to the top part, after which Ethereum turned around and in a short time declined to the buyer zone, breaking the 3250 level. But now, I think ETH can little more decline in this zone, after which it turn around and rise back to the range, where later Ethereum will grow more. For this case, I set my target at the 3360 level. Please share this idea with your friends and click Boost 🚀
ETHEREUM - Price can make retest, after exiting and bounce upHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to triangle, where it made upward impulse from support line to resistance line.
Also, ETH broke $3200 level, and later turned around and fell to support line of triangle and then bounced up.
Ethereum exited from triangle pattern and entered to resistance area, breaking resistance level, but soon fell below.
Next, ETH continued to decline in wedge, where price even made fake breakout of $3585 level and then continued to fall.
Recently, when price fell to support line of wedge, it turned around and in a short time exited from wedge.
Now, I think Ethereum can make retest, after exiting and then continue to rise to $3450
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ETHUSDT.4HLet's dive into the technical analysis of this Ethereum (ETH) chart against Tether (USDT) on the Binance exchange, speaking as if I'm the trader analyzing this chart.
We're looking at a 4-hour time frame which provides a good balance between detail and broader trend analysis. The chart is quite colorful with several technical indicators applied, including the Ichimoku Cloud, pivot points, and classic technical analysis patterns.
Immediately, I see that Ethereum's price has been in a downtrend, marked by lower highs and lower lows, which suggests a bearish bias. The chart also presents a descending triangle pattern, typically considered a bearish continuation pattern, indicating that the price may continue to fall if it breaks below the triangle's base.
The Ichimoku Cloud here is quite spread out, and the price is below the cloud, which in Ichimoku analysis, suggests a bearish market. The Base Line (Kijun-sen) is above the Conversion Line (Tenkan-sen), reinforcing this bearish sentiment. However, the price seems to be attempting to break through the cloud from below, which could signal a potential trend reversal if successful.
Looking at the pivot point indicator, it provides key levels of support (S1, S2) and resistance (R1, R2). The current price is below R1, indicating that R1 is acting as a resistance level. If the price were to reverse and go upwards, R1 and R2 would be the levels to watch for potential sell-offs.
The Relative Strength Index (RSI) is around 38.52, which is near the oversold territory but not quite there yet. This could suggest that there might still be some room for downward movement before buyers step in.
The Moving Average Convergence Divergence (MACD) is below the signal line and the histogram is negative, which is another indicator supporting the bearish momentum.
In summary, the overall sentiment from this chart is bearish. The descending triangle pattern, price position relative to the Ichimoku Cloud, and the RSI all suggest that Ethereum could see more downside. If I were considering a position, I'd look for the potential breakout direction from the triangle pattern, keeping a close eye on the Ichimoku Cloud for any signs of a reversal. A downward breakout would have me watching the S1 and S2 levels for potential entries, while an upward breakout above the cloud could shift the bias to bullish, and I'd look towards R1 and R2 as targets. As with any trade, confirming these signals with high volume and waiting for a confirmed breakout would be key to avoid false signals.
KOKUSDT 1W LONG📈Hi all. Timeframe 1 week. I take this instrument in spot for a couple of percent from the depot, medium/long term. After a fall of 98%, it is in an accumulation channel with increased volumes, the channel step is more than 100%, which can also be used for trading. Marked goals and levels on the chart.
HelenP. I Ethereum can make upward move, after which starts fallHi folks today I'm prepared for you Ethereum analytics. A not long time ago price in a short time rose to the 3820 resistance level, which coincided with the resistance zone, but at once rebounded and declined to the 3250 support level. But then, ETH backed up to the resistance level and even broke it, after which some time traded in the resistance zone, after which rebounded and rose to the trend line. Then price turned around and firstty declined to the resistance level, after which ETH soon broke it, thereby exiting from the resistance zone and later in a short time declined lower even the support zone. After this movement, Ethereum turned around and rose higher support level, making a fake breakout and then making a retest, after which ETH rebounded to the trend line, where at the moment it trades near. For my mind, Ethereum will rise a little higher than the trend line, after which ETH turns around and starts to decline, therefore I set my target at the 3385 level. If you like my analytics you may support me with your like/comment ❤️
ETHEREUM - Price can make retest of resistance level and fallHi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Recently price traded in resistance area, which coincided with $3900 level, but later ETH turned around and started to fall in channel.
In falling channel, price broke $3900 level and declined to $3440 level, after which bounced and tried to rise.
Price failed and in a short time declined to support line of channel, breaking $3440 level, which coincided with support area.
Then ETH turned around, exited from falling channel, and rose to $3440 level and also soon broke it.
But a not long time ago price fell to this level, broke it with support line, and at the moment it trades in support area.
In my mind, Ethereum can make retest of resistance level and then continue to fall to $3120
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FORTHUSDT 1W LONG📈Hi all. Timeframe 1 week. FORTHUSDT has formed a triangle and is at key resistance. Increased buyer volume. I’m considering recruiting to the spot now, with a pick-up from the green zone (a return to it is unlikely). Also long during breakout/retest. Marked goals and levels on the chart.
HelenP. I Ethereum will rise a little and then fall to $3445Hi folks today I'm prepared for you Ethereum analytics. Some time ago price rebounded from the support level, which coincided with the support zone and started to rise, but after ETH little rose, it turned around and made impulse down lower the 3445 support level and even the support zone. But soon, the price turned around and in a short time rose back and even soon reached the resistance level, which coincided with the resistance zone, after which ETH broke this level and some time traded in this zone. Later price made a correction below the resistance zone to the trend line, after which Ethereum rebounded back and even rose a little higher. Price a little more time traded near the resistance zone and then started to fall in a downward channel, where it broke the 3910 resistance level and fell below. Soon, the price made a retest of the resistance level and continued to fall to the support level, and when it declined to the 3445 level, it at once rebounded and started to grow. Now, I expect that ETH will rise a little more, after which it turn around and continue to decline to the support level. That's why I set my target at the 3445 level. If you like my analytics you may support me with your like/comment ❤️
ETHEREUM - Price can bounce up from support level to $4170Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊
Some time ago price moving up in rising channel, where it bounced up from $3380 level, which coincided with support area.
After this, ETH rose to resistance line of channel and then made downward impulse lower $3380 level, breaking it and exiting of channel.
Price entered to wedge, where ETH made upward impulse to $3900 level, which coincided with resistance line of wedge.
Also later, ETH rose to resistance line, breaking $3900 level, but at once declined and some time traded near.
Soon, price broke this level again and then rose to resistance line, after which ETH fell to $3900 level.
Now, I think Ethereum can fall to support level and then bounce up to $4170
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VGXUSDT 1W LONG📈Hi all. VGX is a cryptocurrency token associated with the Voyager trading platform. It is used as a utility token on the platform, providing benefits such as cashback, interest on assets, and reduced trading fees for users. Timeframe 1 week. Currently trading at minus 97% of the 21 year high, it has been in accumulation for almost a year with increased volumes. I am considering entering the spot from current ones, as well as going long on futures upon a breakdown/retest of the triangle. Marked goals and levels on the chart.
Ethereum can make correction and then continue rise in wedgeHello traders, I want share with you my opinion about Ethereum.Observing the chart, we can see that the price some time ago started to rise in an upward channel, where it soon reached the 2900 support level, which coincided with the support area and broke this level. After this, ETH some time traded near this level and then rebounded up to the resistance line from the support line of the channel, but later price at once rebounded from the resistance line and little declined below. Then ETH continued to move up in an upward channel to the next level, which coincided with one more support area. But when the price reached this level, it at once rebounded and declined to 3200 points, thereby exiting from the upward channel, and entering to upward wedge. Then price at once bounced from the support line and made impulse up to the support area, breaking the 3790 level. After this, ETH some time traded in this area and later rebounded up, but soon price made a correction to support line of wedge. A not long time ago price rebounded from this line and now ETH continued to rise inside the wedge. So, in my opinion, Ethereum can make corrections to the support area and then the price continues to move up, and even can exit from the wedge. For this case, I set my target at the 4280 level. Please share this idea with your friends and click Boost 🚀