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Is it time to remove liquidity from below?
Previously, I shared a similar chart on the channel and expected that the test of the trend line would occur for a rebound upward, but it seems that MM decided to first remove liquidity from...
Ethereum is marginally bullish on the 1D technical outlook (RSI = 58.849, MACD = 64.500, ADX = 17.549) despite the despite the 19 day consolidation, suggesting strong underlying bullish bias. This shouldn't come as a surprise as the long term pattern has been a Channel Up in the last 12 months and on top of that, a Golden Cross was formed last week on the 1D...
As you can see in the chart, the 200-day simple moving average line has done its role of supporting the price well.
We wait for the price to react again to this line and finally we enter a long position with the confirmation candle and of course the break of the drawn downward trend line.
This is not a recommendation to buy or sell.
Check this analysis according...
ETH price is currently hoveringwith the 200 SMA (2'026). If this level provides support, there is potential for a rally, with an initial target of 2'080 followed by a subsequent target of 2'150. This would confirm the pattern of deviations below the 200 SMA as highlighted in the chart.
As you can see, after the last analysis, Ethereum managed to continue its growth and hit the targets of $2050 and $2140! Currently, the very important support of $1,850 to $1,910 has caused the price to maintain its demand pressure, and if it succeeds in stabilizing above $2,070, we will probably see more growth from Ethereum, whose next targets will be $2200,...
Hello,Traders!
ETHEREUM has hit a horizontal
Resistance of 2140$ and is already
Making a bearish pullback
So I think we will see
A local move down
Sell!
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Check out other forecasts below too!
On a weekly timeframe, our attention is still on reaching the lower side of the triangle formation here. We see that the price just keeps rejecting that zone, which indicates a potential movement to lower zones here!
We are holding our eyes open for some sharp movements here and we are going to start slowly shorting ETH as well!
If you haven`t bought the dip on ETH:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these...
Hello everyone, let's take a look at the ETH to USDT chart on a 15 minute time frame. As you can see, the price broke below the local upward trend line.
After unfolding the Fib Retracement grid, we can see the current support at $2007, and then we have a strong support zone from $1973 to $1930.
Looking the other way, there is resistance at $2,050, then at...
ETH looks good to long, i suggest to put a long limit also at 1980. Stop likely below local bottom, first target 2065, but we can go higher (if it start to rise)
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BTC made a new yearly high 2 days ago, but has yet again failed to keep the gains (for now). The 38.000$ area is a very strongly defended area by the bears, which has resulted in an extremely choppy market for nearly a month at this point.
Longer-term oscillators like the RSI and Stochastic are still oversold, so it might be that the bulls are just waiting for...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Today we’ll go through local schedules.
The local Bitcoin chart looks interesting. In theory, we may see a test of the local trend - for this we need the price to go down by -1.76% from current values.
I currently have no positions in...
CRO is exhibiting a tight consolidation pattern, with prices fluctuating between established liquidity zones. The market has made several attempts to break out, but none have proved decisive yet. Resistance at $0.10975 and $0.1069 define the current price action's boundaries.
We are watching for either a strong downward push through supports or a potential move...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Technical: the asset price on the local chart may retest the trend line, from where I expect to see a rebound. I am entering a position now with a small gain at the trend line.
Deal plan:
▪️Entrance - 0.2484/0.24$
▪️Stop -...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Locally, the coin has lost a strong % in price; the buyer can become active near the 0.236 Fibonacci zone. You can try to go a little higher than the level.
Deal plan:
Entrance - 1.760/1.730$
Stop - $1.653
Take - $1.9
Guys, don’t...
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#Eth 1D update.
Was smelling a potential pivot back then. 🧵
Still holding my 1552 entry.
Here's my updated counts I like.
If I can get 10 boosts
I'll post the...
