Ethereum has pushed into fresh highs, breaking out of the wedge pattern. Price has now pulled back. Is this just a retest of previous structure, or a more sinister fakeout of resistance? If price holds this support we anticipate ETH will continue printing new highs.
Tag Archives: eth signals
ETH/USD Upside? Anticipating Fresh ATH!
We are anticipating new all time highs to form on Ethereum against the Greenback, as Crypto news reels are currently full of positive news about mainstream adoption of crypto. This trade idea capitalises on the 1H chart support trendline, with the RSI showing bullish momentum. As long as price holds this trendline we will seeContinue reading “ETH/USD Upside? Anticipating Fresh ATH!”
Eth Approaches Resistance – Will It Breakout?
ETH is approaching trendline resistance in a wedge pattern. Could we see price break out? Price action is cautiously bullish and the RSI is holding bullish levels. However, the ADX is on the decline, marking a trend that is losing momentum. If we see price bounce from here we could see the recent lows ofContinue reading “Eth Approaches Resistance – Will It Breakout?”
ETH/EUR Upside! 6 Jul 2021
ETH/EUR has broken the downtrend and is now moving to the upside. price has given us a retracement back into the moving averages and we anticipate further upside from here. The PPO and RSI are both bullish! Upside Target: 2053 Violate below: 1756 Entry: At Market