Ethereum (ETH): Good Buy As Long As We Inside Bullish Channel

4 天前

Ethereum is still inside the bullish channel after that bigger liquidation movement we had where the price quickly touched $2000.

As we are back in the channel, we are looking for some sort of bullish volume to build up here and then a nice upward breakout.

Currently we are at strong support (bullish channel + EMAs are holding the price).

If all plays out nice, we might be heading toward the ATHs from here, so let's see!

Swallow Team

4 天前

註釋

We have 2 possible scenarios for ETH where both of them would end up the same.

We are looking for another movement close to that liquidity grab zone but we want to see some kind of recovery right now towards the upper resistance zone from where we will be looking for another downward movement.

But if prices continue to show weakness as they do right now, we might see an early move (which will mess up the market much more, which means recovery will be quicker and faster).

3 天前

註釋

Ethereum has a chance to break out from current zones, resulting in a volume break from Bollinger Bands, which then would send the price toward our target zone.

Setup is simple yet can give us some good results!

前天

註釋

Well, buyers are in a crucial zone where if they fail to maintain the current zone, we will see yet another free fall on Ethereum.

As of now we are still looking for bullish momentum and scenario (as we are re-testing the broken trend + lower side of Bollinger bands).

Let's see; if buyers fail, then we will look for a short here until $2100.

昨天

註釋

Buyers are back and dominating the zone where, after a successful re-test, we had price break a local high zone (current market price).

Now if we see a further dominance in the current area, we should see a proper start of upward movement from here (after which we will be looking for dominance of sellers).

6 小時前

註釋

Ethereum is still hovering near our entry, where we are keeping a close attention at.

We still look for price to reach and fill the upper CME gap and if we do not do it until we form a new one, then there is a chance that we will not see the fill of it, so we expect to see an upward movement here to happen after that, and we will be looking for a short position!