Ethereum [ETH] likely to face a wall of sellers at $1700 – Can the bulls prevail?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Buying pressure saw ETH surge to the doorstep of a major resistance yet again Buyers can wait for a breakout, while short sellers could be swimming against the tide The V-shaped reversal of Ethereum … Read more

Here is why Ethereum is likely to erase the gains it made since Friday

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The H4 market structure remained bearish. The daily chart showed that $1350 and $1280 could see some relief from the selling. News that Voyager was liquidating its Ethereum holdings saw the bearish pressure intensify … Read more

Ethereum’s bounce from $1550 encourages buyers, but is it a trap?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure was bearish on the 4-hour chart and strongly hinted at further losses. An imbalance above Ethereum prices meant a small bounce could arrive soon. Ethereum prices saw a rejection at the … Read more

Ethereum [ETH] bounces from $1600 but bearish bias remains: Here’s why

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The bearish structure break two weeks ago meant sellers had an edge at press time. An imbalance on ETH charts could offer an ideal selling opportunity. A recent report highlighted that Ethereum [ETH] validators … Read more

Ethereum [ETH] fights to stay above $1500, but is $1300 looming?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure and momentum were bearish. A revisit to $1560 was likely but the bears could seize the upper hand afterward. Bitcoin [BTC] bulls were able to keep BTC from falling beneath the … Read more

Ethereum [ETH] bulls, watch for a reaction at these levels to buy

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The 4-hour market structure is bearish. Buyers can await a deeper pullback, while sellers watch the $1680 mark. Ethereum has shown substantial volatility over the past week as the price fluctuated from $1555 to … Read more

Ethereum bulls remain euphoric but bears will look to erase all the recent gains

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure flipped bullish for Ethereum last week The move above $1235 saw the range highs tested, but expecting a breakout could be dangerous Ethereum has noted gains of 15.5% in the past three … Read more

Ethereum climbs back above $1200, but watch out for this resistance

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Ethereum approaches a bearish breaker on the 12-hour chart. Its move back above the mid-range mark offered bulls some hope that the range highs could be the next target. Much like Bitcoin, Ethereum also had … Read more

Ethereum [ETH] rises above $1,210 but is a year-end rally on the cards

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The technical indicators shed no light on the way forward for Ethereum With lower liquidity in the market, quick moves to trigger a mass of stop-loss orders before a short-term reversal are possible Ethereum … Read more

ETH could see a small bounce from $1180, but can traders expect an uptrend

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Ethereum sinks into a bullish order block on the daily timeframe Traders can wait for a reaction on lower timeframes before entering any trades Ethereum shed nearly 14% in three days last week to … Read more