Ethereum (ETH/USD) is reacting off the pivot which acts as a pullback resistance and could fall to the 1st support. Pivot: 3,398.39 1st Support: 3,223.98 1st Resistance: 3,247.41 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...
The market fell further as we expected last week. During the economic data window, the market began to price in only one interest rate cut this year. This is not just for crypto market, but for all financial markets. This is likely to last until early July, before bulls come back and bring enthusiasm again. During this period, the PCE released this Friday will...
A made up idea here. The lines converge in the middle of july. If the price of Ethereum climbs towards that moment there is a good chance Ethereum crashes. If the price of Ethereum stays neutral or even declines leading to the middle of July there is a good chance the price of Ethereum rises. Mysterious. The Olympics start at the end of July. . . . . ...
BINANCE:ETHUSDT After this downward movement , price now it is close to the most important Fibonacci level, which after reaching it, the price can react. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit...
✅ETHEREUM is making a Retest of the broken key Horizontal resistance level Of 3400$ which is a resistance And as we are bearish biased We will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Two weeks ago I made an analysis where I discussed a potential short-term bearish view on Bitcoin's price, see below. I argued that if I were a bull, I'd wait for either a new all-time high break out or a sizeable correction before stepping in the market again. As seen on the chart, my purple support line is holding (for now!). A reversal from this area would...
#ZCX #Analysis Description --------------------------------------------------------------- + Price is heading towards the strong support zone, this support held for long time + Expecting the price to bounce back after hitting this support zone + You can enter the position now, or when it hits the support. + SL is below the support...
In the daily timeframe, Bitcoin is navigating within a defined trading range, characterized by a descending channel with a gentle slope. This pattern suggests a period of consolidation following the substantial bullish momentum observed earlier in the year. The channel's boundaries are formed by resistance around the $73,000 level and support near $60,000. The...
ETH Fibonacci trend line, the main targets are 0.618, 0.5 and 0.382. Focus on the white trend line. It is the bottom only when it falls to the white line, otherwise it is the top. It will take a long time for the trend-level market price to see the final effect.
Last weeks high: $67,290.83 Last weeks low: $62,212.60 Midpoint: $65,251.72 Despite the seemingly endless chop, last week was a very interesting one for BTC. Micro strategy added ~$800 worth of Bitcoin to their balance sheet, putting them at 226,000BTC, just over 1% of the entire BTC supply that will ever exist! In relation to microstrategy, Michael Dell has been...
ETH/USD is falling towards a support level which is a pullback support and could bounce from this level to our take profit. Entry: 3,347.20 Why we like it: There is a pullback support level. Stop loss: 3,212.96 Why we like it: There is a pullback support level which lines up with the 138.2% Fibonacci extension. Take profit: 3,620.38 Why we like it: There is a...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The key is whether it can receive support near the Fibonacci ratio point of 0.618 (3548.07) and rise above the upper point of the HA-High indicator box on the 1M chart. If the price...
Both Ethereum and Bitcoin had run their course through the timeframe of about 12 days for each of the 9 different sections of the arrays. As the arrays get lighter and more faint the price gets closer to reaching the moment of regenerative investment. The price of both Ethereum and Bitcoin were so close to the most faded section of the array. I kept waiting...
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What if I say the bull run hasn't started yet? It was just a Bitcoin run. Altcoin bull run (2024-25) will start very soon! Retail is now panicked because they think bull market is over! Market will only continue to go down. That's what they think before the real bull run starts. ETH is the king of ALT coins. Both the 2016-17 & 2020-21 ALT bull run started...
Sure, here are the key points for demand zone trading in crypto: 1. **Identifying Demand Zones** - Look for price areas on the chart where the asset has historically seen strong buying interest, causing multiple price bounces or reversals. - Confirm these zones with high trading volumes and supportive candlestick patterns like bullish engulfing or hammer...
Bullish Divergence + Golden Pocket Tapped.. Think ARB is a good buy here.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! #ETH update 🧵 It looks like it moved down and bounced out of the area, MLT for a W5 as a possible impulse. Watching these 3 paths for some clarity. A completed impulse down here doesn't spell ATH. But A break of 3653 and 3759...