BTC volatility decreased after BTC gave back the gains from the Jackhole meeting. Currently, the number of stablecoins in the market continues to grow, getting closer to ATH, but there are few market hot spots except memes. After the staking storm passed, we saw the meme rise again. Whether it is Pump.fun on Solana earlier or Sun.pump that appeared on Tron...
Overview: Labor Day is over, and yesterday the bulls came out strong, pushing COINBASE:BTCUSD back into its trading range, above the $58.4k level. But whose bulls were they—American or Asian? Volume data from Coinbase shows 4.3k for the BTC/USD pair, compared to 10.7k, 8.5k, and 12.1k over the last three Mondays. These numbers are much higher than those for the...
Hello,Traders! ETHEREUM went up and Is now retesting a horizontal Resistance level of 2575$ And we are already seeing a Local bearish reaction so We will be expecting a Further local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In previous ETH analyses I talked about this huge 8 year wedge pattern on the ETH chart. Where my initial takes were bullish, we've seen a bearish break out as of last week. From a neutral point of view, this is 100% bad news. ETH will likely fall more and move towards the 1000$-1500$ area (yellow). Might be a hot take, but most alts have been performing...
#ETH/USDT #Analysis Description --------------------------------------------------------------- + As shown in the chart, the Bitcoin CME futures gap is still unfilled. + This gap was created during the sudden market crash driven by recession fears. + Historically, 90% of CME gaps get filled sooner or later, and we expect the same outcome in this case. +...
Overview: A significant sell-off occurred at 10 AM on Sunday in New York, which was 9 PM in Shanghai. The Asian bears have made their presence felt. Will American bulls step in to buy this dip, or have they had enough? Between 4-5 AM NYC time, the COINBASE:BTCUSD price was pushed back up to the $58.4k weekly level, but it has now clearly become a resistance...
At 4h: we observe trading under the lower boundary of accumulation and formation of seller and liquidity imbalance zones from above behind the highs and the upper boundary of accumulation. At 1h: here I expect either a liquidity re-sweep from the low or an inversion and a move to liquidity at the local high. Stick to your risk managment!
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In this analysis I want to talk about a long-term parallel channel on TOTAL3, which is the total marketcap of all altcoins. Preface: before everyone gets offended etc, this is not my most likely scenario. Big chance that this pattern won't play out. Nevertheless, it's important to consider different market outcomes. Trading consists of IF>THEN decisions. Ask...
As both a Professional trader, but amateur golfer. recently tried to explain to someone the similarities, especially in the emotional side of golf and trading. I thought it might make an interesting article. Golf, much like trading, is a sophisticated blend of skill, strategy, and psychology. While trading involves navigating financial markets, golf requires...
Hey everyone! Appreciate a like and follow if this analysis helps! ETH is currently trading around $2400 level. It forms a symmetrical channel in the daily time frame and approaches towards the channel's lower trendline. As you see in the chart, it has a strong support of around $2100-$2300 level (Green Box). After we test this support, expecting a good bounce...
ETH/USDT is currently trading at $2,448, down by 0.07%. On the 4-hour chart, ETH shows signs of weakness after breaking down from a rising wedge pattern, a bearish signal suggesting a potential downside. Immediate support is around $2,395, with a more significant support level near $2,165, where a long-term trendline may provide a strong base. Resistance is seen...
After Ethereum has been in a downward channel, it breaks the sequence at point #4, which remains in the accumulation range from previous days. This zone is extremely important because, as you can see, it has been moving within this area for several days, which means that the price could gain strength at any moment and start a bullish run. But NOTE: as long as the...
hello guys. Resistance Zone: Price action has recently tested the resistance zone around $2,668-$2,715 (yellow shaded area), which aligns with a Fibonacci retracement level of 0.618. The price was unable to break above this resistance and has started to move downward. Bearish Trend Formation: A clear downtrend is forming as the price has failed to make a...
Overview: The Personal Consumption Expenditures (PCE) Price Index for July, also known as the inflation rate, was reported at 2.5%. This matches the rate from June and is consistent with the readings from January and February of this year. The PCE is similar to the Consumer Price Index (CPI), but the Federal Reserve prefers the PCE because it accounts for changes...
CRYPTOCAP:ETH CRYPTOCAP:BTC 1W chart; On the chart we see two falling trend lines (red dash), one rising trend line (green dash). The price is in this range. It bounced 2 times from the OB resistance just above it. This place is weakened. It can also be interpreted that if it weakens enough, it may go up to the OB area above. It touched the lower green trend...
🔍 ETH/USDT Analysis: 1-Hour Timeframe 📉 The ETH/USDT chart on a 1-hour timeframe highlights significant upcoming dates where price movements may present trading opportunities. As always, it is crucial to analyze these signals in conjunction with higher timeframes for a more comprehensive understanding of the market. • August 24, 2024, 21:00, August 25, 2024,...
🔍 ETH/USDT Analysis: 1-Hour Timeframe 📉 The ETH/USDT chart on a 1-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view. • August 31, 2024, 12:00 AM - Red Line: This time marks a potential local...