📊Analysis by AhmadArz: 1. Range 📉: - The price has been fluctuating between support and resistance levels. After breaking out of this range, the trader enters the trade. 2. Entry Point 🚀: - The entry point is at 2742.55 USDT. The trader initiates a buy position after the price breaks above a key level. 3. Take Profit 🎯: - The target profit is set at...
This is an addition to the previous post. In which reasoning for the expected drop is outlined. Here, I've visualised the expected levels based on Wave C's anticipated move, scaled for BTCUSD. 25k here we come.
Ethereum is still in the liquidity zone, but there is good news, first of all is that it has stayed in that zone for several days accumulating. Second, ETH has shown a lot of strength over the last 3 days, reaching up to $3,700. And the best part, as you may have seen in my Bitcoin analysis, is that the price is close to making a strong bullish move. This suggests...
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) The key is whether the price can rise above 2851.75 to break out of the short-term downtrend channel. - Currently, it has risen above the M-Signal indicator on the 1M...
Hello everyone, I invite you to a quick review of the ETH pair to USDT chart, taking into account the interval of one day. As we can see, the price is moving along a locally formed upward trend line. Currently, we can see how the price approached the resistance level at $2,843, then resistance at $3,010, then resistance at $3,251, and then very strong...
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now I am shorting, I have indicated the zones from which to work, as well as the best case scenario, which repeats the euro situation. It's a very good pattern.
The telegram director was arrested in France. Its service will be closed all over the world and crypto projects will be subject to delisting from exchanges as they pose a threat of losses to users. Their price will only go down without knowing the limit. Good luck to everyone and beware of TON-based scam projects.
✅ETHEREUM is set to retest a Strong resistance level above at 2900$ After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below at 2700$ SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
BTC is analysed from price 0, 12 Jan 2009. Aggregate of stock markets (IWM, SPX and IXIC) are analysed from 2009's crash. Both asset classes are normalised to gold. Using the Elliot Wave Theory on the long-run movement of BTC and Equities the following has been determined: 1. BTC has converged to the stock market's movements 2. Equities and Cryptos have passed...
BINANCE:BTCUSDT has seen a bullish momentum recently, largely supported by a dovish outlook from the Federal Reserve. The Fed is now expected to implement further rate cuts by the end of 2024, which has softened the U.S. Dollar and, in turn, boosted BTC and gold prices. In addition, geopolitical uncertainties, such as the attempted assassination of a political...
Overview: Wow, what a 24 hours it has been. At one point, BINANCE:SUIUSD was up 21.6%. Yesterday, we mentioned that "some long positions can be taken with a properly tight SL" once a new trading range was established. On August 21st, we wrote, " BINANCE:ARUSD , BINANCE:APTUSD , BINANCE:TAOUSD showed better price action in the last couple of days. They...
Bitcoin is now trading inside a wedge! $62-60K is support zone. Bullish above the support and will touch the wedge resistance line if $62k hold! Bearish scenerio : IF we loose $60K support, next target will be $55-53K zone.
TIAUSDT has experienced a remarkable rally, reaching all set targets and surging to a price of 5.900. This bullish movement reflects strong market demand and positive sentiment among traders. The coin broke through multiple resistance levels, confirming the strength of its upward trend. Several technical indicators, including moving averages and RSI, signaled...
Has an upside gap fill with price targets of: 21.20, 21.90, and 22.60 Crypto as a whole has a lot of sudden interest with the narrative of rates falling in the future
Current Situation: Ethereum's daily chart remains unchanged as the price consolidates within its current range. The longer this consolidation continues, the larger the anticipated breakout could be. Trade Position: Currently positioned long on ETH, but traders should be cautious of a potential stop-hunt that might trigger a flush to the downside before the...
Overview: The S&P 500 corrected by 1.17%, as more turbulence is expected in its attempt to break the all-time high (ATH). The chances of a 1.73% rise on Friday are slim, but we still have one more week of a relatively calm August to set some bull traps. Thursday saw a correction for BTC, but it managed to hold the crucial $60.2 level, attempting to break it three...
right in accumulation zone which was a previous launchpad for good gains versus #ETH can it do it again? Well odds favour YES and you have a well defined area/level that if you see skale breakdown on this ratio you can abandon the trade. But I believe Skale can go on a Run Gasless Gaming blockchains are very much needed if #Crypto is to succeed in bringing...