Ethereum has been consolidating within a distinctive Rising Wedge pattern since June 2022, forming a sequence of higher highs and higher lows. This pattern typically suggests a period of tightening volatility and impending price action.
Current Status:
As of now, Ethereum is trading around $2090, positioning itself at a crucial juncture within the Rising...
Ethereum is currently showing fighting spirit and was able to stretch closer to the resistance at $2138 again, which must be overcome in the course of green wave 3. For now, though, the green Zone (coordinates: $1457 - $1754) remains active, as it could be approached again (both with and without forming a new low).
CRYPTOCAP:ETH on the other hand has the LOWEST amount of shorts in a LONG TIME!!!
Daily it looks like $BTC. At least in the sense that it wants to push a little bit higher.
#ETH targets are in the 2500-2600 & 3k area.
IF #ethereum can break above the Major Resistance right above, 2300ish area, it's off to the races!!
#crypto
Render price is flowing smoothly and updates the lows which forces the long traders to close their trades.
We saw this pattern a few months ago before a pump: wedge breakout and dump of the price.
The closest target is $2.91-3.3.
BTW Me and Altcoin Gems members bought Render at $0.61 and sold 50% at $2-2.5. I think that this altcoin have enough potential to...
Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price has moved higher from the local downtrend line.
In order to determine the resistance, we will unfold the Fib Retracement grid and we can see that the price has reached a very strong resistance zone from $2101 to $2133, which has temporarily rejected the...
CRYPTOCAP:ETH UPDATE
inside of the triangle we formed a W pattern pumped, and dumped and formed a M pattern and breaking down, a good place to enter long will be the green support line, we will front run this trade with a tight SL and take partial profits at resistance, #ThePlan
ETH is getting ready to gain against BTC in the near term. My buy zone is at 0.054 level and if if we break the 0.05478 liquidity zone, much more explosive move to the upside is possible.
In this analysis we're going to look at the Volatility Depth indicator that I created specifically for Bitcoin's daily chart. You can find it here:
Every time that this indicator flashes green, it indicates that BTC's volatility is extremely low, which more often than nog signals that some kind of big move is coming. This volatile move can be either Bullish or...
To date, against the background of a new wave of top growth in the second half of the week, there is a high probability of a new local move on for. The coin is getting closer to the 0.2 level despite minor market pullbacks and is preparing for the 0.25 test, in case of a breakdown of which the road to 0.4-5 will be open. On the weekly chart, after a long...
Don't judge a book from it's cover. Read on and soon, you will find out who the real winner might be.
The explosive crypto mania was born because of Bitcoin. It is the reason myriads of alt-coins are now traded every day.
From the countless of alternatives, one became strong enough to constitute an alternative to the coin that started it all.
Ethereum...
The price doesn't reach the low of the channel. As for me, the big orders are supporting the Chainlink price.
I left for you 2 entry point:
1. the bottom of the LINK channel if BTC make a pullback to $20-22k
2. test of the top of the channel as the support
The closest target are the top of the channel and $18.3 key level.
💥$3.75B cap is still can grow by...
👋Hi, everyone. I hope you have a great weekend.🥳
📈Today, I am going to analyze Ethereum(ETH) for you; since more than 80% of the Tokens in the cryptocurrency market are on the Ethereum network , I hope this analysis will give you a good insight into investing in Ethereum(ETH)and other tokens .
✅Ethereum(ETH) reacts well to the 🔴 Heavy Resistance...
I think ETH is completing a Leading Diagonal Formation , which means we should have a third higher high (5) and then crash
IMO the low is in ($880), but a higher low is coming.
Comparing the two cycles we’ve had so far, I come to the conclusion that the cycle structure is repeating again.
Watch this:
1. Higher high on price & lower higher on RSI - Bearish...
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price remains above the local downtrend line.
When we unfold the Fib Retracement grid, we will see support at $2,030, and then we will see the support zone from $2,005 to $1,986.
Looking the other way, there is a resistance zone from $2,059 to $2,076, and...
Ocean has been consolidating in a large triangle for the last 7 months. Big sellers pressure apears below the triangle. The big guys continue to add this altcoins to it's portfolio.
The closest target for this AI-related altcoin is at $0.58 key level. Also, the target for a bullish flag is at $1.
💥 AI noise is going and it's good, also Bitcoin came to the...
Over the last few week's I've been continuously posting bullish analyses with a 2023 target of 40,000$. However, this fractal might suggest that we can reach even higher than that, maybe even 50,000$?
The fractal is simple, a low-volatility bullish channel (higher-highs and higher-lows) after a big pump. The previous two times that this has happened, a big pump...
Over the last couple of week's I've been very bullish on the market. My 40.000 thesis for this year is still my personal most likely scenario, but that doesn't mean that we can't look at the market from a more bearish perspective.
So, in this analysis I want to take a look at a bearish Bitcoin scenario that might be playing out at the moment. Bitcoin might be...
