#ETHUSDT 2H Chart update
After moving significantly to the upside and breaking the previous resistance at $3,245, price is currently in a descending triangle pattern. MACD lines also just crossed and became in a bearish territory after showing bullish weakness, RSI is also above 50% and price is trading above EMA ribbon. We are waiting for the breakout to have clear indications of price's next move, however i favorise a breakout upwards and reaching the resistance at $3,302.93 again, else price will reach the support at $3,131.15.
https://www.tradingview.com/x/3lFHSxl9/
After moving significantly to the upside and breaking the previous resistance at $3,245, price is currently in a descending triangle pattern. MACD lines also just crossed and became in a bearish territory after showing bullish weakness, RSI is also above 50% and price is trading above EMA ribbon. We are waiting for the breakout to have clear indications of price's next move, however i favorise a breakout upwards and reaching the resistance at $3,302.93 again, else price will reach the support at $3,131.15.
https://www.tradingview.com/x/3lFHSxl9/
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#ETHUSDT 2H Chart update
Price broke through the 2h supply, the daily supply and the resistance at $3,568. Now this level would become a level of support if price decides to retest as RSI is overbought. Price is also moving in an amazing uptrend but the support line has been tested multiple times, reason i believe price has more chances of testing $3,568.15 and go up again rather than the trend line. MACD and EMA ribbon are bullish, overall i'm aiming at $3,867.96 for now.
https://www.tradingview.com/x/kX2FJkt7/
Price broke through the 2h supply, the daily supply and the resistance at $3,568. Now this level would become a level of support if price decides to retest as RSI is overbought. Price is also moving in an amazing uptrend but the support line has been tested multiple times, reason i believe price has more chances of testing $3,568.15 and go up again rather than the trend line. MACD and EMA ribbon are bullish, overall i'm aiming at $3,867.96 for now.
https://www.tradingview.com/x/kX2FJkt7/
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#ETHUSDT 2H Chart update
As we mentioned before, price broke previously from the rising channel and is currently moving downwards leaving a freshly printed 2h supply zone. MACD is in a bearish territory, RSI is sold with price trading below EMA. Furthermore, ETH broke the S/R flip at $3,430 and we should expect some retracement, however if price fails to break through the S/R flip again we would expect ETH to reach the support at $3,300 first then the 2h demand at $3,150.
https://www.tradingview.com/x/ciDyv51N/
As we mentioned before, price broke previously from the rising channel and is currently moving downwards leaving a freshly printed 2h supply zone. MACD is in a bearish territory, RSI is sold with price trading below EMA. Furthermore, ETH broke the S/R flip at $3,430 and we should expect some retracement, however if price fails to break through the S/R flip again we would expect ETH to reach the support at $3,300 first then the 2h demand at $3,150.
https://www.tradingview.com/x/ciDyv51N/
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#ETHUSDT 2H Chart update
Price failed to hold once again above the resistance line and the 8h supply. MACD is showing bearish weakness but RSI is neutral as well as EMA where price is sitting on. In addition, price currently bounced from the support at around $4,250 and is still showing some bullish momentum. It should break the previous high and hold above the 8h supply in order to continue with the bullish movements.
https://www.tradingview.com/x/HBw2i6vl/
Price failed to hold once again above the resistance line and the 8h supply. MACD is showing bearish weakness but RSI is neutral as well as EMA where price is sitting on. In addition, price currently bounced from the support at around $4,250 and is still showing some bullish momentum. It should break the previous high and hold above the 8h supply in order to continue with the bullish movements.
https://www.tradingview.com/x/HBw2i6vl/
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BINANCE:ETHUSDT Chart Image by saviour25
#ETHUSDT 2H Chart update
Price got rejected perfectly from the 2h supply zone and is heading towards the S/R flip at around $4,230. MACD is showing mixed feelings, RSI is at 50% and EMA ribbon is not clear, all neutral indications. If price breaks through the S/R flip and holds below it, we could expect it to head towards the 2h demand zone at around $4,000 filling the imbalance before reaching a new ATH.
https://www.tradingview.com/x/9fnIYXFZ/
Price got rejected perfectly from the 2h supply zone and is heading towards the S/R flip at around $4,230. MACD is showing mixed feelings, RSI is at 50% and EMA ribbon is not clear, all neutral indications. If price breaks through the S/R flip and holds below it, we could expect it to head towards the 2h demand zone at around $4,000 filling the imbalance before reaching a new ATH.
https://www.tradingview.com/x/9fnIYXFZ/
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BINANCE:ETHUSDT Chart Image by saviour25
#ETHUSDT 2H Chart update
No major moves from ETH; it is still ranging in an uptrend overall. MACD is showing some bearish momentum as price is doing a small pullback but RSI is neutral and price is bouncing from EMA ribbon. Price should be testing the 2h demand zone soon before continuing the move up.
https://www.tradingview.com/x/uY3h6YxT/
No major moves from ETH; it is still ranging in an uptrend overall. MACD is showing some bearish momentum as price is doing a small pullback but RSI is neutral and price is bouncing from EMA ribbon. Price should be testing the 2h demand zone soon before continuing the move up.
https://www.tradingview.com/x/uY3h6YxT/
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#ETHUSDT 2H Chart update
As expected yesterday, price broke out from the support line and bounced perfectly from the 2h demand zone where it got rejected. MACD is showing some bearish weakness, RSI is sold and price is below EMA ribbon. Price should reclaim $4,500 and hold above it in order to stay bullish, otherwise we could see a reversal at $4,480 as we have a valid supply zone which could lead price first to the imbalance at around $4,050.
https://www.tradingview.com/x/Nd6IHH8y/
As expected yesterday, price broke out from the support line and bounced perfectly from the 2h demand zone where it got rejected. MACD is showing some bearish weakness, RSI is sold and price is below EMA ribbon. Price should reclaim $4,500 and hold above it in order to stay bullish, otherwise we could see a reversal at $4,480 as we have a valid supply zone which could lead price first to the imbalance at around $4,050.
https://www.tradingview.com/x/Nd6IHH8y/
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BINANCE:ETHUSDT Chart Image by saviour25
#ETHUSDT 4H Chart update
As predicted a couple days ago, price bounced perfectly from the 2h demand zone breaking through a couple of resistance levels at $4,450 and $4,560 respectively. MACD is showing bullish momentum, RSI is over 50% and price is back above EMA ribbon. It is currently struggling to break through the final resistance level and if successful we will see a new ATH for ETH.
https://www.tradingview.com/x/NvvJj77g/
As predicted a couple days ago, price bounced perfectly from the 2h demand zone breaking through a couple of resistance levels at $4,450 and $4,560 respectively. MACD is showing bullish momentum, RSI is over 50% and price is back above EMA ribbon. It is currently struggling to break through the final resistance level and if successful we will see a new ATH for ETH.
https://www.tradingview.com/x/NvvJj77g/
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BINANCE:ETHUSDT Chart Image by saviour25
#ETHUSDT 2H Chart
After that price bounced perfectly from the support area at around $4,560, price moved up aggressively breaking previous highs and did a change of character which left a 3h demand zone making it valid. MACD is showing bullish weakness and no clear indications on both EMA ribbon and RSI. Price is currently following BTC's lead doing a small retracement which left a valid 2h supply. Price should dive all the way down to the 3h demand zone bouncing from it and then getting rejected on the 2h supply. However if the 3h demand zone is broken, we would be looking at our next support area at around $4,440.
https://www.tradingview.com/x/u1pBbPLG/
After that price bounced perfectly from the support area at around $4,560, price moved up aggressively breaking previous highs and did a change of character which left a 3h demand zone making it valid. MACD is showing bullish weakness and no clear indications on both EMA ribbon and RSI. Price is currently following BTC's lead doing a small retracement which left a valid 2h supply. Price should dive all the way down to the 3h demand zone bouncing from it and then getting rejected on the 2h supply. However if the 3h demand zone is broken, we would be looking at our next support area at around $4,440.
https://www.tradingview.com/x/u1pBbPLG/
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BINANCE:ETHUSDT Chart Image by saviour25
#ETHUSDT 4H Chart
Price got perfectly rejected from the 8h supply at $3,400 and it is currently moving down towards the 4h demand zone at $3,150. MACD lines crossed and is now bearish, RSI is sold and EMAs are still bearish. I expect price to bounce from that area of demand aiming for the 4h supply zone at $3,800 after filling the imbalance at $3,700 as a midterm target.
https://www.tradingview.com/x/gPdsn2yI/
Price got perfectly rejected from the 8h supply at $3,400 and it is currently moving down towards the 4h demand zone at $3,150. MACD lines crossed and is now bearish, RSI is sold and EMAs are still bearish. I expect price to bounce from that area of demand aiming for the 4h supply zone at $3,800 after filling the imbalance at $3,700 as a midterm target.
https://www.tradingview.com/x/gPdsn2yI/
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BINANCE:ETHUSDT Chart Image by saviour25
#ETHUSDT 2H Chart
Price is consolidating and recently bounced from the support area at $2,350. MACD is not clear, RSI and EMAs are neutral. Price may retest the resistance at $2,550 before moving down again aiming for the 3h demand as a short term target. Waiting for more confirmation.
https://www.tradingview.com/x/QjDjozt6/
Price is consolidating and recently bounced from the support area at $2,350. MACD is not clear, RSI and EMAs are neutral. Price may retest the resistance at $2,550 before moving down again aiming for the 3h demand as a short term target. Waiting for more confirmation.
https://www.tradingview.com/x/QjDjozt6/
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BINANCE:ETHUSDT Chart Image by saviour25
#ETHUSDT 4H Chart
Price is currently getting rejected off the first 4h supply zone as expected. MACD is now showing some bullish momentum, RSI is neutral and EMAs are bearish. I am now expecting price to move down from that area towards the 5h demand zone around $1,100.
https://www.tradingview.com/x/FJQk7UTT/
Price is currently getting rejected off the first 4h supply zone as expected. MACD is now showing some bullish momentum, RSI is neutral and EMAs are bearish. I am now expecting price to move down from that area towards the 5h demand zone around $1,100.
https://www.tradingview.com/x/FJQk7UTT/
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BINANCE:ETHUSDT Chart Image by saviour25