Hi Traders,
Just pointing out ETH (and the market as a whole) is seemingly in a stage of fake upward action, surely to bait new longs before the next leg downward.
We see the weekly is not yet in a bullish set up but for retail looking to take on risk they would assume this is good enough, it is far from it.
The the 2D shows how the upward action is being...
Ethereum has been doing aqua aerobic in the blue zone between $1456 and $1013 for a while now, moving up and down along the 61.80%-retracement. Although it could have gained enough drive already to start the ascent, we expect the cryptocurrency to dive a bit deeper still before rising out of the blue zone. As soon as wave (ii) in blue is finished, though, Ethereum...
Ethereum has rallied with the rest of the crypto markets as risk-on assets catch a bid from increased expectations that the Fed will pivot from their pervasively hawkish rhetoric. We are currently testing our level at $1341, with red triangles on the KRI indicating that we are meeting resistance. The Kovach OBV is still relatively flat, suggesting that a...
Ethereum is trading sideways at the moment. The upper border of this price range is the resistance level formed on September 26 – October 1. The borders of this resistance are $1,340 – $1,400. The nearest support was formed on October 1 – 3. Its borders are $1,263 – $1,271.
This price range is likely to be broken through soon. The price is in the resistance...
The price came to support 1220 and stopped falling, and then doji and pin bar appeared. ETH is currently in a triangular convergence pattern and should be handled with caution to avoid losses.
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Resistance:
1440.63
trend line resistance
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Support:
1220.00
1080.00
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A flat market phase continues for the instrument. This phase can be regarded as accumulation. But the strong buyer does not prevail yet and thus the price continues to trade in the rand, the seller does not allow to break through the upper boundary. If the instrument is not bought from the lower boundary of the range, namely at 1234.86, further price decrease...
Hello traders, here's a quick scalping long trade set up on ETH.
I went long on ETH at $1319 and will surely accumulate the bottom.
Entry level between $1294 to 1332.
Stop Loss at 1271.
Target around $1376 to $1400.
Note: This is a short-term trade set-up. Invest only if you have done your research on it cause this is not a financial advice. I am just a T.A...
Hi friends! Just take a look on the chart and volume indicator. Do you see how many times the whales buy the bottom of DOT? I think they do it to make money unlike the retail traders who buy at the top and sell in loss).
The spike of the volume is always at the bottom, as you can see on the indicator. This means that the big players might already accumulate...
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Guys, I compare the situation that was 4 years ago in 2018 (September-November) at that time, bitcoin was trading in the range of $ 7.500-6.500 without...
Hello Traders,
I see a lot of Bullish charts again but No one wants to believe we are in bad economic conditions and there is no strong catalyst in the market to support this narrative.
The price of ETHUSD on the H4 chart is only in a bearish trend. However, price has closed above the Ichimoku cloud, indicating a short-term shift in market direction to bullish. Looking for a buy entry at 1309.27 with a stop loss at the previous low of 1220.00. The take profit level will be 1420.74, which is the intersection of the 100% Fibonacci line and the...
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Let's get back to the global counter-trend that stretches from $69,000
If you look at all this protracted phlea that has been going on for 4 months, then there is a feeling that it will last the same amount.
Well, if you pay attention...
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After the last TA, we can say that nothing much has changed on the daily chart, the market rebounded against yesterday's news, and now we can expect further downward movement again!
The asset is now near the $1300-1330 support...
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(ETHUSDT 1M Chart)
The 924.52.1196.81 interval is the interval that determines the trend.
Therefore, if the price is maintained at or above the 924.52.1196.81 section, it is expected to show an...
