Ethereum Watch

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The H4 market structure and momentum of Ethereum were bearish. The move above $1930 collected liquidity before rejection, showing seller dominance. As the largest altcoin in the market, Ethereum [ETH] is an asset […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The H4 and 1-day market structures were at odds with one another. The evidence showed that buyers had an advantage in the lower timeframes. The number of new Ethereum addresses staking ETH had […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH saw a corrective bounce from key ascending support near $1600. Open interest rates declined; the CVD spot eased, suggesting muted demand.  Ethereum [ETH] rebounded strongly from critical ascending support near $1600. But […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The market structure was bearish and a downtrend was in progress. The selling pressure remained strong and a reversal was not yet in sight. A week ago on 7 June, Ethereum prices climbed […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements Ethereum saw large volatility but was bearishly biased on the 4-hour chart. This downtrend was against the trend on the daily timeframe and presented a support zone to watch for a positive reaction […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The week started positively for Ethereum [ETH]. The U.S. debt ceiling talks got “an agreement in principle” on Saturday during a phone call between President Joe Biden and House Speaker Kevin McCarthy. Bitcoin […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements  ETH posted over 2% gains as of press time.  Long positions were discouraged.  Ethereum [ETH] started the week on a positive note, posting about 4% gains, since Monday (22 May). At press time […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH dropped below 50-EMA but was checked by 100-EMA.  A positive CVD spot could offer bulls slight hope.  The second largest digital asset based on market cap, Ethereum [ETH], is weathering the current […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements Sellers were temporarily stalled at $1800 support at press time.  Negative sentiment persists despite the accumulation seen in the past few weeks. The U.S. stock and crypto market posted mixed results on 10 […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The lower timeframe momentum and structure favored ETH bulls. The presence of strong resistance above meant that short sellers could find an opportunity next week. Ethereum [ETH] bulls were able to defend the […]