Get started

D-ETH

Massive resistance ahead! 18k or 35k where next? Chart Analysis: Recent Developments: The chart has recently exhibited a classic 'Cup and Handle' pattern which broke out and evolved splendidly. Following this, there was a pullback to the breakout level, which culminated in an impeccable falling wedge, as we had anticipated in our preceding video. Subsequently, there was a remarkable breakout, and we successfully reached our initial target - the apex of the falling wedge. This has brought us face-to-face with the most formidable resistance encountered since the inception of the bear market. Will we break through? Only time will tell. What Lies Ahead? At this very moment, the chart is forming yet another colossal 'Cup and Handle' pattern, and we are teetering on the brink of a breakout. Should this breakout materialize, we can anticipate a continuation of the upward trend until any signs of faltering. It's crucial to remain vigilant for indications of potential reversals. Conversely, if this attempt is unsuccessful, the chart could potentially plummet to the 18k level before the halving. It's advisable to proceed with caution and employ stop losses. Risk Management: It's imperative to tailor your position size in accordance with your risk appetite. Employ astute risk management tactics, such as trailing stop losses, to safeguard your profits as the price advances in your favor. Disclaimer: Please note that this analysis is intended solely for educational purposes and must not be construed as financial advice. It's of paramount importance to undertake your own due diligence and seek counsel from a financial advisor prior to making any trading decisions. BITSTAMP:BTCUSD BITSTAMP:ETHUSD BITSTAMP:BCHUSD KUCOIN:INJUSDT
BITSTAMP:BTCUSD
by mammamia2
Market Update - BTC, ETH, SPX, NQ, DXYThe SEC targeting Binance is a major blow to the biggest crypto exchange. BTC lost more significant levels than ETH which managed to bullishly hold structure. Both the NQ and SPX are significantly up with the beginning of some failing structure however a bit early to confirm. The DXY had a breakdown last week which bullishly back tested its yearly open However it is distributing quite heavily on the daily time frame. The higher timeframe BTC cycle is still playing out, if 2020/2021 was the bull market, 2022 was the bear market, then 2023 is clearly the transition period going into the next halvening. Generally the Crypto markets held much better than expected and given the gravity of the SEC filings against Binance, either way our recommendation is to be cautious with holding capital on any exchanges. Remember - "Not your keys, not your Crypto"
by TrendmasterOfficial
Here's How ETH goes to $3K: Elliot WaveHi Traders, Investors and Speculators of Charts📈📉 Ethereum has recently started a new bullish cycle along with the rest of the markets, predominantly led by BTC as always. When we take a look at ETH from an Elliot Wave Theory analysis, we see the start of a new 12345 Wave cycle. ETHUSDT is currently trading in Wave 2-3, generally know as the longest/biggest wave of all the waves during the upward price action phase. There are a couple of theoretical points to consider when using the Elliot Wave theory and we take a deep dive into the theory and conclude the possible end point of Wave 2-3 at $3k. From a Technical Indicator analysis, we see a BUY signal flash on the weekly timeframe with CryptoCheck START V3.5: The weekly TF together with this indicator is usually a great way to confirm the bias f bullish price action. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
52