Potential bullish reversal ETHETH/USD now back under $3000 has followed Bitcoin on its move back toward $40k. Risk appetite in stocks hurt but buying dips at support has be considered.
Video by easyMarkets Chief Crypto Dealer Griffin Treloar.
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D-ETH
Bitcoin Bottom Reversal PatternBitcoin is signalling a potential floor at USD 32K.
An inverse head and shoulders pattern is forming, and the right shoulder is attempting to break above neckline resistance at USD 46K
If BTC/USD can manage to flip this neckline resistance into support with a bullish break and re-test, then further reversal continuation is likely.
Should this occur, then the next two resistance zones are USD 49K and 54K respectively.
This argument is invalidated Bitcoin falling below USD 41K support.
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easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
“Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party."
ETH + SHIB Reversal Entry & Exit Points Video This video is meant to show how the reversals are forming on both ETH and SHIB. I wanted to make a video to show actual entry and exit areas (generic ones) for scalping and day trading (some swing). If you enjoy my videos or TA posts please like and share much appreciated guys. -DiMarco
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is the S1 line which was previously the resistance line and is now broken. It has hit the S2 line several times. We expect it to move to the S2 line again which confluences with the S1 line turning it into an important support line. You can buy it there. R1 can be a supply area to sell. R2 is also the next resistance which can be reached after breaking the R1 zone. If it goes below the S1 line, it can move down to the S3 area.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
CryptoMarket Update (#6) : V Shape Reverse PotentialHere's your weekly update ! Brought to you each weekend with years of track-record history..
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ETH Ethereum Technical Analysis & Trade IdeaTaking a look at Ethereum. In the video we look at key levels of support and resistance and where the market is likely to trade to. We can see it has rejected the high, retested and failed and I'm waiting on an opportunity to short this if there is any follow-through and we get an ideal set-up as in a further break, retest and fail to the downside.. Not financial advice.
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. You can see the butterfly pattern made. We expect it to have a correction to the S1 line and if it is supported there, it will move toward the resistances. If the price breaks the S1 line, then S2 would be the next support.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTC Ended at Target. Overview of BTC, BNB, ADA and OthersNot in BTC currently. took ~2% loss on small position at the timeframe change. I wanted to see the buy up from there to increase position, which did not happen. I am technically still in AMD call options, which could be brutal tomorrow.
I dont like this unless we can return to the start of the Week candle open. Which I feel is unlikely because of what is described below and in video.
BTC ended 4 bucks above my target of 37,910. Week buyers did not come in. The week candle is set up in a way that it is bullish when it is at its opening spot of 37,914 (bitfinex). The big issue for me here is that no other timeframe really says to buy the price up without conflicting with another timeframe. The targets are all over the place, which i think will make the movement most likely downwards and choppy. Also the other target for BTC bounce from the week perspective (bitstamp 500 hull) would be 33,600 (around there). The issue with that is on every other timeframe we are out of the channel. I just don't see a reason for people that trade on the week to want to put in any sort of amount of money to be able to push this up against every other time frame.
Also there are a bunch of alts that are in very sketchy spots for their ALT/BTC charts. The ALT/USD pair was already struggling and I think we will have a chain reaction here, sending us downwards. Support and resistance between every timeframe is arguably bad and conflicts, mixed with people cycling out of their alts into BTC and then back into USD.
I explain what I wrote in the video, but if you want to see the alts, just skip through a bit.
Main Idea Update Page:
If you want to copy the Schiff Pitchfork:
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is moving above the S1 support. There are the S2, S3, and S4 supports too. There is the S2 support which has rejected the price. If the S1 support holds, the price can move up to the R1 line. But if it loses power, it can fall down to S2 and if S2 is broken, it can move down to S3 and if S3 is also broken, it can move down to other supports. If it goes up and breaks the R1 resistance, it can move up to the R2 zone. In the 4-hour time frame, the price can make a pullback to the S1 line and then go up.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Victor Cobra's Crypto Market Update 1.26.22 - "Substance" In this video, I talk about what's going on in the market, including Bitcoin Dominance. I also talk about investing in "substance" and why crypto (in its current state) does not fit this form.
This is not meant to be financial advice. This is meant for speculation and entertainment only.
-Victor Cobra
ADA correctionHello everyone,
ADA's price increased over the past few days. However, due the breakout I am expecting a correction in price in order to test the previous resistance level which is support level now.
Hopefully, after the correction we will see a definitive bullish push.
Have a nice trading week.
RISK OFF in Cryptos and Stocks. What next?Back in November 2021 (the last video I edited in TV) , I exposed my concerns for the crypto market, and the reasons for my massively reduced exposure to the asset class. In this video , I explore my current view of opportunities lying ahead BUT as a always within a time frame that risk exposure that need to be suited to every single active trader/investor. I hope you'll enjoy it and I m looking forward to your feedback.
CryptoMarket Update (#4) : Hidden Bullish Divergences ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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