ETH has reached the top of the channel and starting to lose momentum. Entering short now with a minimum target of $1,438. MACD is starting to cool down. RSI is reaching overbought. ENTRY - $1703 TP 1 - $1,570.89 TP 2 - $1,438.94 TP 3 - $1,332.30 SL - $1,325
I believe something like this will happen in few month. not pretty sure about the 500 - 600 $ however why not price touch 800$ one more time
ETH has had a nice push here, but we didn't have much resistance to deal with, so price shot up like warm butter. If we can flip back into this previous range then we could talk about pushing some major levels around $2200 and $2800. We have formed new support, so that's valid for now. However the real test hasn't come yet imo. Stay frosty V
BingX’s Bitcoin Chart Bitcoin price is almost flat over the last 24 hours. The largest cryptocurrency has been trading above the 20-day exponential moving (EMA) ($22,365) average and the 50-day moving average (MA) ($21,469), and the relative strength index (RSI) is in the positive territory, indicating that bulls are in control, suggesting bulls are in...
ETH / USDT Since 1 year and half , ETH is trading around 1700$ area Up and Down Why i call it the most important key level Look at chart, the violet color rectangle Every time price touch this area it either an indicator for shift of trend to real bullmarket (2 times 182% in AVG) or bear which happened once ETH brokedown 1700$ in last June . as a result...
I see a bearish candle with some bullish volume coming in where the arrows are. We also may be in an "ABC wave". I would like to see the retracement retrace up up to 123% of the start of Wave A.
RUNE is trading near strong former support which is now acting as a resistance. Strong support/resistance static line with several hits (7 times ) is shown on the chart by thick red line. This static line supported the price for 5 times before breaking down. After break out , RUNE has found a new support and currently is at mentioned line again and may...
If you were to put a computer in place to do trade for you, wouldn't you want it to take simple decision lines over more complicated? Liquidity from hedging shorts along with eager sweating bulls who sold with them to protect their downside risk will be catching the wind up to 32k soon, if buying pressure continues to drive with high volumes into and past the...
SOL has two scenarios in 1D, in my opinion, the scenario of being a bear is much more likely.
Hey traders, in this week we are monitoring Ethereum for a selling opportunity around 1700 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
If we are going to have a technical analysis according to the Fibonacci indicator, I can say that we encountered the yellow Fibo line and showed a good reaction to it, and it seems that we are going to move down and the targets It is determined that we should touch 23000 and 22500 and then decide on the next move. But as I mentioned in the previous post, the...
Thinking something like this. The tech sector NDX can run back to 13,500 so assuming that possibility ETH will likely follow. I recently posted my NDX chart and it looks almost exactly the same as ETH. Falling wedge overthrow and reclaimed the bottom TL. Now the top TL is a target for the bulls with the momo that they currently have.
Hi Traders, Investors and Speculators📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. W-Bottom patterns and double bottoms on a Candlestick Analysis is what we look for towards the end of a bearish cycle. Here, in ETHUSDT, we can clearly...
$ETH 👀 – 07/29/2022 | Ethereum Price Action Update 🎯 - 📸 🚨 📌 #Price has finally closed below 0.236 (or 23.6%), $1,689.24 price level. Therefore, we can likely consider Wave i (in blue) complete (unless it validates the correction by breaking the high above $1,792.19). Wave 1 is always the hardest to forecast anticipated completion zone. 📌 Like I previously...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1659.02). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1659.02). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETHUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Hello,Traders! ETHEREUM has been going up recently And It seems to be locally overbought So as the pair is retesting the horizontal resistance A pullback is to be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!