Overview: The SP500 finally broke its all-time high (ATH), despite a red candle on Wednesday. Meanwhile, QQQ still has another 4.2% to go before reaching its record. Fidelity and Ark were busy accumulating their average amounts of BTC yesterday, while Grayscale and BlackRock remained on the sidelines. Only a modest $5.2 million went into ETH from BlackRock,...
🔍 Technical analysis: Ascending channel and corner alcove formation in the green support box area - Continuing the analysis of the previous post , the Ethereum currency faced selling pressure after reaching the daily and weekly supply range. - After the formation of a Double Top pattern, it has had a zigzag correction to the green box range. - It is...
ETH has bounced off a significant support zone near 2,100-2,300 USD (brown-shaded area). This zone has previously acted as a strong support and the price seems to have respected it once again. ETH is currently trading around 2,548 USD, showing a strong upward movement with a recent breakout above a descending trendline. Resistance and Support: The red-shaded area...
Hello guys. If you are a risk appetizer read it: Descending Trendline Break: The price is approaching two descending trendlines. A breakout above these trendlines would signal a potential bullish move. Internal Trendline: An internal trendline is also visible, marking a shorter-term resistance. The engulfing pattern near this line suggests bullish pressure...
From where we put the red arrow on the chart, the correction of Ethereum has started. We are now close to the discount range of the previous wave. The movement momentum of Ethereum has decreased. We have a good range for Rebuy. From the range of the yellow circle, we expect an upward price rejection. The targets are listed on the chart. Closing a daily candle...
See the pattern. It's easiest to see on the ETH Kraken USD. There is a 20 day pattern found. There is donchian channels pattern currently going on. The ending of the pattern is on the 25th. Will the price go up towards the 25th and dramatically fall given the current movement of Ethereum? I also noticed there is news concerning IOTX with an event happening on the...
Looks like ETH is printing an Adam & Eve Double Bottom pattern
Overview: Thank you, mighty Lord Jerome, for the pump! The Fed under-promised but over-delivered with a full 2 basis point rate cut. Looking at the 15-minute BINANCE:BTCUSD chart, when the decision was announced, the price spiked by just 1.7% before correcting. However, at 7 a.m. Shanghai time, four hours later, the price started to pump and has now broken the...
Since my last update on this chart, Ethereum has broken its long term uptrend and dropped almost 40% in value. This was back in May of this year: Zoomed out, you can see the failed long term trendline. Obviously, a break back above it would be a bullish sign, but there's a long way to go, as it's currently around $4,000. Right now, it rests on its 200 and 100...
Overview: The VANTAGE:SP500 closed higher despite forming a red daily candle, signaling potential intraday weakness or selling pressure, but the broader trend remains positive since the overall price closed higher than the previous day. This pattern suggests buyers were active, but sellers took control after the market opened, creating a bearish candle even...
ICMARKETS:ETHUSD looks good for a long setup, considering this is forming a perfect bullish pattern, is on a positive order block and the last 2 main dips have already occurred, TP should be around the strong high, close accordingly.
Hello everyone, let's look at the current ETH situation considering the four-hour interval. In this situation, we can see the price fighting against the trend line Let's start by setting goals for the near future, which include: T1-2422$ T2-2583$ T3-2702$ I T4-2854 Now let's move on to the stop-loss in case the market continues to decline: SL1 = 2346$ ...
After a long year bear market FLOW is gonna enter the stage of massive expansion. I will keep updating every few months how this gonna play out.
Ethereum recently moved sideways within our green Zone (between $2807 and $1813). We primarily expect a lower low before the green wave 2 comes to an end. The price should then turn and be carried above the resistance at $4091 by green wave 3.
Overview: The VANTAGE:SP500 closed higher, challenging its all-time high for the third time this month. At least it's not declining like it typically does in other Septembers. However, the NASDAQ:QQQ is stalling, showing a lower high but also forming a higher low. Both the SP500 and QQQ have seen diminishing volume over the last three days as everyone awaits...
Ethereum 4-hour chart on Coinbase looks extremely bearish, with ETH trapped in a descending channel. I'm quite disappointed in Ethereum's performance. Having been around for nearly 10 years, I expected it to be much stronger by now, with a stable trading range of around $8,000 to $15,000. Well here it is support is at $2,222, and we're looking for a potential...
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Veloce Web3 GameFi ecosystem secured by Polygon and Ethereum. Gaming, live Esports features, digital racing media network dApps, $1.5 Million fully diluted marketcap. RSI is making higher lows for the first time since its trading history. 100x is looming...