Hello Dear Traders, After launch of ETH , eth was looking like it surrendered to btc price action. bt today i deeply analyzed eth and i found very mature chart pattern growing strongly. currently eth is trading in rising wedge, lower trendline of wedge is giving strong demand whenever price touches boundaries of lower trendline and upper. Ethereum is the first choice of every trader after BTC. CME will launch ETH Futures on 8 February and this is huge news for ETH. ETH mainnet is successfully launched and many exchanges started the ETH staking pools. We will see a shortage of market supply and the demand increase as ETH futures launch on the CME exchange. ETH-BTC — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! TradingView. EN. TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People. Profile Profile Settings Account and Billing Referred friends.
Tradingview.com eth btcETH USD - Ethereum Price Chart — TradingView
Hey Guys! However, taking a look at the BTC chart, we can see that there is a lot of potential in terms of Ethereum price movement, this could all changes with a strong Bitcoin upwards rip, but as things currently stand; we are looking at a strong bullish sign for Chart looks good.
ETH looks ready. Here's coinbase weekly chart.. Let's see if this gets bullish again, target 0. Soon it can start! HS Expandingtrinagle and Bactest on wedge. Bullish divergence is one of my favourite indicators with great hit rate. As you can see on the chart, there is a forming and likely confirmed bullish divergence on 4H timeframe.
It's also important to note that the current candle circled in black is a hammer so it enforces the hypothesis of an up coming reversal. You can take a shot at candle close or wait a Every day the big picture become more clear! Want to see the price close back above red line, thats the trigger for my long entry. But the good news is it can't get much worse! This is bad. At the moment, I see 2 options for the development of events.
Has depicted. I want to believe that they will not merge Ethereum like all other coins for the new year. Therefore, I hope for recovery. Let's watch. If you like my ideas, please click the "Like" button. I'll be ETH gave very nice spike after touching daily demand zone 1 , i m expecting very nice rally upside. Possible bounce from trend line - see TPs. Let me know in comments.
Just a chance to buy at lower price, probably one of the last before retesting the ATH, so I will go all in if it plays.