📉 Ethereum chart review 📈

Ethereum showing good signs for that was the bottom of correction on 4H chart. Now I expect it to grow back up. It doesn't mean that chances for ETH to drop lower are equal to zero. I wouldn't remove bids from 2700-2800 range. But short term we should see it grow back to 3580-3700

Did you buy the dip?

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Ethereum hit first TP. Average entry price for everyone might be different - in my case its 3203.8 so risk reward at the first TP was 2.5 😎 If you followed recommendations it should be more or less the same.

Now at resistance. Might drop back below 3450 before the weekend. If you'd like to accumulate more at spot, entry range can be in between 3350-3450

@WiseAnalyze #ETH #update

📉 Ethereum chart review 📈

Ethereum dipped into order block left from previous swing down and so far seem to be finding support there, that is capable to push ETH price back to 3450-3510.

But today is Powell's speech and so range of volatility is unpredictable. Basically ETH can easily dip below last 12H candle towards the bottom of that consolidation channel. But unlike BTC this consolidation looks more bearish and it seems that in future it is targeting day FVG at 2830.

Still we got to keep in mind all the bullish events that should happen in the nearest future. First BTC halving. Next, potential ETH ETF approval in May.

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Ethereum pulled back to ~3200 zone ✅ If you longed stop can be secured at breakeven.

Hard to say how far and fast ETH will grow, as it doesn't grow on its own - in ETHBTC chart it is pulling back right now, so USDT price just follows BTC. But within short term, with bullish BTC in mind, ETH should get to ~3450. Then comes liquidity above Friday close ~3513. And then 4H FVG around 3600.

Long term I do expect ETH ETF to be approved at some point, but at first SEC will shake it as much as they can.

@WiseAnalyze #ETH #update

Ethereum against BTC is bearish since last week of February. I've drawn the lower trendline not to show it as support. Instead I am sure that price will dip below it in search for liquidity and those dips can reach 0.042 zone. After that move trendline will either act as resistance on the bounce, or let price back above January low 0.0479 and act as support.

While ETHBTC is bearish, other alts will have problems growing as well.

@WiseAnalyze #ETH #update

Ethereum got to 3446.48 👌🏼

You've seen BTC and ETHBTC charts, so imho no sense in trading ETHUSDT on its own. USDT price doesn't belong to it, so making trade setup based on TA is like eating with fork that you hold with forceps. Too much interrelations which have to take into account.

@WiseAnalyze #ETH #update

Target zone for ETH reached ✅ Long setup played out for the second time and gave another 2:1 RR 👍

Same as with BTC, last 12H candle closed bullish, so no sense in expecting it to dump within nearest 12-24 hours. I believe we may see it grow higher, even if there will be a rejection (Wednesday FOMC).

If you still hold that long, look for 2022 high at 3893 as the nearest target. But since its the top of bull pennant range, make sense to skip it and give it a chance to breakout higher to 4600 at least. Target for ATH breakout is around 6100. Stop remains at breakeven.

@WiseAnalyze #ETH #update

Ethereum against BTC is an indicator for alts bullishness. Weekend it pumped. Now will come back to Friday close around 0.049

But overall that weekend move gave a hope that ETHBTC will make further progress upwards towards 2023 close at least. So not completely losing bullishness for this May.

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📉 Ethereum chart review 📈

Ethereum against BTC doesn't look that bad, but in USDT it follows the King.

Nearest resistance levels that attract price for revisit are around +/- 2960 and 3080. Bullish scenario confirmation only after acceptance above 3000

Next liquidity pool under April low at 2791. If it won't satisfy the needs, next will be drop to 2500-2600

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📊 TOP non-empty wallets sentiment:

1. Toncoin #TON (+110%)
2. Dogecoin #DOGE (+27%)
3. Tether #USDT (+23%)
4. #USDC (+16%)
5. Ethereum #ETH (+11%)
6. Bitcoin #BTC (+10%)
7. Ripple #XRP (+7%)
8. Chainlink #LINK (+6%)
9. Cardano #ADA (+0%)

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📉 Ethereum chart review 📈

Ethereum accomplished full swing route up and down from what I've drawn on May 1st. As you can see ETH is below 3k again, but its not the end yet. Giving it time till the end of this week to find the direction.

Against BTC ETH looks ok and could be at the bottom (unconfirmed). USDT price will follow the global market.

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Reversal conditions were accomplished. After the dip ETH reached RR 2:1. You may move stop to breakeven and forget about that long 👌🏼

If you need short term targets use the same from the signal.

@WiseAnalyze #ETH #update

Ethereum confirmed bullish reversal. BTC did it on Friday and now ETH.

Double bullish bias 🔥

@WiseAnalyze #ETH #ta

📉 Ethereum chart review 📈

Ethereum made a monster breakout. Hard to forecast such candles, but one rule to remember, is that when they form, you got to respect the momentum. It is certainly not the best time to long, but if you hold long from lower entries, it make sense to give it a chance to grow higher.

My long already made 12:1 RR and first time I took partials was yesterday at ~3640. Just to pay myself for the patience. But with that momentum we may expect ETH to touched 2022 high at 3893 within nearest days. Or at least wipe out stops above 3735 swing high. The rest depends on SEC and ETF approval reaction on May 23rd.

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📉 Ethereum chart review 📈

Ethereum higher timeframe point of view. We may have a bull flag range forming here. Middle of that range is approximately around 3400 and that is the most attractive zone for revisit even in bullish scenario (where within nearest months $ETH breakout to ATH).

Might not happen if this week close above 3650 and the following week break range top and close above it. This will be extreme bullish scenario with money from ETF pushing price higher, as it did with BTC.

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