Ethereum is marginally bearish on its 1D technical outlook (RSI = 40.248, MACD = -101.950, ADX = 33.304) as it pulled back to the 1W MA200 again, failing to capitalize on August's rebound attempt. If we compare it to its prior Cycle, this is Ethereum's final chance to hold the 1W MA200 and keep step <7> valid, which in September 2020 exactly 4 years ago, it...
The altcoin sentiment is in the gutter, FUD everywhere, everybody is calling for "recession", including the stock market. Perfect conditions to turn the ship around and blast off to new highs and leave sideliners angry. Historically, squeezing Boilinger bands point to a big volatility move after consolidation. Let's see how this play out.
LINK has recently touched the bottom purple support again. After 4 touches, this support seems to be an important level for traders. To optimize our entry, we're going to wait for the price to touch the support again in the coming weeks. With a stop below the recent fear-low and a target around the current all-time high we can construct a very decently bullish...
Overview: The latest CPI data is out, showing a slightly better-than-expected 2.6%, beating estimates by just 0.1%. It may not seem like much, but in a market where key metrics are constantly revised, even small improvements matter. It has been exactly a year since July 26, 2023, when the Federal Reserve finished raising rates to the current 5.25% to 5.50% range....
Ethereum is trading around $2,368, attempting to rebound from the lower boundary of a descending channel. The price has respected the support zone between $2,150 and $2,250, which is marked by the brown shaded area on the chart. The red-shaded area between $4,000 and $4,600 is the major resistance zone. A breakout above this zone would be a strong bullish...
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- Because the chart has not been created for long, the role of support and resistance points may be weak, so be careful when trading. (Grayscale Ethereum Mini Trust 1D chart) The HA-Low indicator...
ETH/USD Technical Analysis Current Outlook: The price of Ethereum (ETH/USD) is trading just below the pivot line at $2,374, showing bearish momentum. The current setup suggests that a downtrend is more likely, with the price failing to break above key resistance levels. Best Scenario: The downtrend scenario appears to be the best, as the price is trending below...
Last Friday, employment data was released, showing that the unemployment rate dropped from 4.3% to 4.2%. Although non-farm payrolls (NFP) increased, they still fell short of expectations. BTC initially rose upon the release of the data but quickly reversed course and turned negative. The U.S. stock market also opened lower, signaling that as the labor market...
This analysis is a follow-up on my previous ID post. As of this week, ID has successfully touched the bottom support and reversed from it. Too early to tell whether this is a long-term bottom, but at least the support held strong. If you were ever considering to buy ID, this is the time.
🔍 Technical analysis: Ascending diamond pattern - According to the latest analysis presented , Bitcoin made a correction based on the predicted path to the second green box area of the $50,000 correction range. - In the recent modification, a double zigzag has been formed. The second zigzag is a flat correction. According to the formation of an ascending...
follow me and boost this idea for daily analysis look at this trend we BO below 56K support zone and pullback compare the momentum of bear side and bull side really do you want buy here? this is just a flag 10 % we have chance of bull BO this is very clear
In this analysis I want to take a closer look at the state of the market. ATOM Was a decent performing token in the previous cycle, but it sadly failed to impress investors this cycle. Most striking is that ATOM is one of the few alts which has actually made a new bear-market low. This token has never entered a bullish phase like most tokens did and has basically...
Current Market Activity: Ethereum has been consolidating below the $2,600-$2,900 range after the August 5th capitulation, signaling potential for further downside. Key Resistance Levels: $2,600-$2,900: Until Ethereum reclaims this range, bearish pressure remains dominant. Bearish Scenario: If Ethereum fails to break above this resistance, a drop into the...
The weekly chart of ETH/USDT shows a strong ascending trendline support that has been respected over the past several months. The price is currently testing this trendline support near the $2,300 level, suggesting a potential bounce from this key support area. The primary support level is the ascending trendline around $2,000 to $2,300. Holding this level is...
TON has seen some serious volatility as of late. The founder, the CEO of Telegram, recently got arrested in France, which send the token down. For investors who missed the boat before, this is a great chance to step in. TON has arguably the biggest app for communication behind it, so there's still room for growth once Telegram incorporates TON into it's...
The chart depicts a descending channel, with ETH/USDT currently trading near the lower boundary of the channel, which has historically acted as a support level. ETH is approaching a key horizontal support zone around $2,100-$2,200, where buyers may look for entry opportunities. The major support zone lies between $2,100 and $2,200, as highlighted on the chart....
Overview: The FRED:SP500 is down, NASDAQ:QQQ is down even more, and COINBASE:BTCUSD has dropped. Everything is red! Or wait… BINANCE:SUIUSDT is up! Could this still be the effects of the Grayscale Trust, and how much longer can SUI defy the overall market? Previous Grayscale picks like BINANCE:NEARUSDT and BINANCE:TAOUSDT aren’t performing as well on...
If you believe in the Crypto 4 year cycle Here is a thread of cheap altcoins in USD terms, that have good technical patterns or sitting on previous support zones from which prices have rallied before. There are no guarantees only probabilities. Your capital is at HUGE risk gambling on S coins. With that being said. Let's kick it off with LOOM network.