Market Context: Ethereum CRYPTOCAP:ETH is expected to remain a strong trade in the coming weeks due to the ETF narrative. Two main factors support this belief: Institutional Inflows: Institutions are likely to provide seed money, ensuring strong flows into the ETH spot ETF. Reduced Selling Pressure: There will be less selling pressure from Grayscale’s ETHE...
Welcome to our weekly analysis of the cryptocurrency space. █ BTC/USDT The BTCUSDT chart shows Bitcoin trading within a descending channel, with recent price action bouncing off the lower boundary of this channel, indicating potential support around the $53,000 level. The RSI indicates bullish divergence, suggesting a possible trend reversal or a strong...
#BTCUSDT is currently trading within an ascending channel that is often recognized as a bearish flag pattern, indicating a potential continuation of the downtrend. The price is approaching the top of this channel, which coincides with a significant resistance zone. This confluence of resistance levels provides a strategic entry point for short positions, offering...
Hi all. Timeframe 1 day. ASRUSDT has formed a triangle, looking for a long break/retest. Goals on the chart.
Today all time high price. If you want to buy. Wait the price touch the fibo support line.
The 3.618 on the fib from the 2018 ATH put's us on 2021 cycle ATH of ~$4.9k. The 3.618 on the fib from the cycle ATH of 2021 put's us on this cycle ATH of ~$15k possibly by December this year. This 3.618 on the fib also intersects with the cycle tops trendline from 2018. I don't think it's a coincidence. This would also mark a completion of our major 5th wave that...
Price is falling towards the pivot which acts as an overlap support and could bounce to the 1st resistance. pivot: 3,065.70 1st Support: 2,877.70 1st Resistance: 3,273.35 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for...
Hello everyone, I invite you to a quick review of the ETH to USDT chart for the 4H period. As we can see, the price is approaching leaving the local triangle, which indicates a possible direction for further movement. When the price starts to reverse, support levels are visible at $3,088, then support levels are visible at $3,048, and support levels are at...
Ethereum (ETH) against Tether (USDT) on Binance shows notable price action within a descending channel. The price is currently at $3,112.96, showing a slight increase of +1.51%. ETH has been trading within a descending channel since early April. The price bounces off the lower boundary and moves towards the upper boundary. The price found strong support in the...
✅ETHEREUM made a retest Of the horizontal support Of 2,800$ then established A double bottom pattern All of which makes us Locally bullish biased and We will be expecting a Further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Ethereum golden trend line channel, the main target is the golden trend line below, and the upper and lower gray lines are channels. The place of Venus is the low point and the bottom price of this target. It mainly depends on the decline. If it falls below the golden trend line, it will be at the gray channel line below. The main low point will be around the...
(if we are lucky ofc) The network is pretty much unusable right now for regular people. A Rich man's chain. Either way the ENS chart presents a potential inverse head and shoulders that has a large log target reaching back to previous high's makes sense to me.
Now that crypto has been trading bearish for weeks, there might be a light at the end of this dark tunnel. Ethereum has seemingly found support on a 7-year old support line, which originated late 2016 when ETH was still trading around 7$. As seen on the chart, the support line has also signaled a pump back in September of 2023. If this support holds, it might...
Ethereum ETF trading is coming I share with you my plans where i plan to trade this coin shorts best at PoC + VWAP (3500 area) Longs in a case of big liqudations or range SL hunt better to watch video and see my analysis
Just because something is cheap does not mean it is a good buy, and just because something is expensive does not mean it is a sound investment. This investment adage applies to Bitcoin (“BTC”) ever more so than now. Bitcoin prices dropped 11% over the past week, triggered by substantial BTC sales by the German government. Concerns loom about the forthcoming Mt....
Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! Ethereum (ETH) is currently showing some interesting signs on the 1-hour timeframe. Let's break down what we're seeing: Possible Double Bottom: The chart suggests a pattern resembling a double bottom, which can be a bullish technical indicator. However,...
Interesting that the RSI has consistently lowered while price has been increasing Would this be considered a large divergence? I don't think we are turning bearish. The bullish nature has been solidified for now. Ethereum will outperform BTC in the next large run. I predict. Its very hard to call the bottom.
LONG ENTRY ON ETH. Not financial advice Trust on your own analysis