An inverse head and shoulders is a chart pattern used in technical analysis to identify potential bullish reversals in a downtrend. It consists of three parts: two shoulders and a head in between them. Here’s how you can trade the inverse head and shoulders pattern: ### Identification 1. **Left Shoulder**: The price declines to a new low, then rises. 2....
OP/USDT Secondary trend. Wedge. Pivot zones. 27 07 2024 Logarithm. Time frame 3 days. A descending wedge is forming. The price is near the dynamic Gann support (reaction from it), but still in the range of the descending wedge pattern. The reaction in this resistance zone will determine the trend for the near future. On the chart, I have specifically shown the...
BTC is trickling with Tech company misses causing a risk off mood in markets. Removal of risky assets, like bitcoin, causes falls in the asset. This goes inline with recent trends, and can be used on a probability basis.
I am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
Ethereum is showing a lot of strength and recovery. Always trust and follow your plan ! On the daily timeframe we can see that it is following the path of the pullback we have marked on the chart. So far we are predicting very well, and it seems that the markets in general want to start changing direction. Cheers and thank you for following my analysis. my...
Morning my friends, This will be the final Case Study, and this time I bring a chart that I keep on adding things to. You should go back a few months on my posts and look for this exact chart before a lot happened: Check it out above! I added a picture above and I wonder if it'll look good and pop out here. Anyway my friends, It looks like we could be...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per our previous analysis, ETH rejected the $3000 support zone and traded higher. 📈 ETH is still trading within a big range in the shape of a symmetrical triangle. 🏹 Thus, as it approaches the $3000 again, we expect a bullish movement towards the $3,500 round number. 📚...
The trend is still our friend. I still see bullish developments in the price action. We must have patience. Dips still must be bought. The plan hasn't changed. We still aiming for that time period of 9 -15 months post #BTC Halving. We are only one month down :)
Ethereum -100k coins entered Futures before ETF news big move is coming Price took so many SL at low $2800 i think that`s a reason why big move will happen i share my plan for entry and what will be targets
#WIF Analysis It Exactly hit the support zone and pumped Now, $2.320 is acting as a new current support, From here we can expect a upside move
The chart shows ETH/USDT within a descending channel, highlighted by the purple lines. There is a crucial support area between $2,800 and $3,000, represented by the orange and yellow shaded areas, indicating potential areas for buying. ETH/USDT has recently bounced off the lower boundary of the descending channel, indicating that this support level still...
#ETH Analysis Ethereum Dumped 15% after #EthereumETFs goes live Breakdown of current support ($3056) will lead it to $2810 again Otherwise, All set to raid a new high
Ethereum (ETH/USD) is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance which has been identified as a pullback resistance. Pivot: 3,068.18 1st Support: 2,879.57 1st Resistance: 3,373.99 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
We expect Ethereum to drop into our Target Zone (between $2807 and $1813). There, we expect the low of green wave 2 to be placed, after which the next major impulse wave 3 should start, leading to a new high for the year. If the price climbs directly above the resistance at $4091 (40% likely), we will already see it in the green wave alt.3.
Ethereum trend contraction fan, the main target is the upper white line resistance, the key target is the lower white line support
Ethereum has reached a valid supply, it is expected that this supply will reject the price towards the targets. The targets are clear on the chart. A liquidity pool is forming below the price, which is expected to break soon. Closing a daily candle above the invalidation level will violate this analysis and view. For risk management, please don't forget stop...
CRYPTOCAP:BTC has been outperforming CRYPTOCAP:ETH this entire cycle. If Ethereum does not outperform Bitcoin by the end of it, consider it good as dead next cycle, akin to Cardano. Clearly consumers have flocked to Solana for dApps, and Bitcoin is the store of value, which leaves very little room for Ethereum to carve out its own niche as they both continue...
ETH on the 4 hour is breaking down. This is a good place to take a short position.