Ethereum investors must be alert of these entry and exit triggers

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum [ETH] left its investors quite disgruntled after its inability to break the chains of its daily 20 EMA (red) for two months now. The ripples of the recent Bitcoin rally aided ETH’s falling wedge … Read more

Ethereum: Traders can take short positions here with a stop-loss at or just above…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin continued to trade within a range from $28.7k to $30.6k, while much of the rest of the altcoin market was in a downtrend. Ethereum managed to stave the bears off in the past … Read more

Can Ethereum [ETH] defy the mounting bearish pressure this time

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum was in a steady downtrend and has been since April. The selling pressure has been so intense that even long-term investors who hadn’t sold ETH in a year had been forced to sell. What … Read more

Ethereum finds a local bottom but these levels can save your portfolio

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum saw a fall in gas prices, likely prompted by a decline in DeFi usage. The much-anticipated Merge was not likely to rescue Ethereum from bearish jaws on the price charts just yet. The path … Read more

Ethereum lovers should watch out for these levels in the weeks to come

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Data from Santiment showed a dramatic increase in transaction volumes for Ethereum in the past two days. Moreover, the number of addresses at a loss on the Ethereum network reached a new ATH, which was … Read more

Ethereum: History doesn’t repeat but rhymes as ETH appears poised for…

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice On-chain metrics for Ethereum noted that a two-year high on the ‘Number of addresses in loss’ was breached on 7 May. The NFT hype has been dying down as reports suggested a major downtrend in … Read more

Can Ethereum [ETH] unlock its buying potential after hitting this support level

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum (ETH) left its short-term investors fairly dissatisfied after failing to uphold the marks of its Point of Control (POC, red) at $3,000. The ripples of the broader selling sentiment pulled the alt to … Read more

Ethereum [ETH]: Assessing profitable entry triggers for investors

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice As anticipated by a previous article, Ethereum (ETH) continued its low volatility phase near its Point of control (POC, red) that offered the highest liquidity in the last four months. Should the trading candlestick find … Read more

ETH: Decoding take-profit levels and a potential for future rally

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice A recent report highlighted how Ethereum was entering the “Belief” stage of a rally, based on the Net Unrealised P/L metric. Generally, when the metric tips green, a sustained rally on longer timeframes has been … Read more

Could this be the beginning of an extended recovery for Ethereum

As predicted in the previous article, ETH continued its upturn and toppled its long-term liquidity range (Point of Control/POC) and the 200 EMA (green) over the past two days. Now, ETH aimed at a possible test of its POC before continuing its upturn. As the price crossed its 200 EMA, the bulls would now continue … Read more