After the initial launch bull run , and subsequent expected pullback I really like the basing action that has occurred on this chart It may take a little while to break the neckline , But once it does it could move quite fast.
Ethereum ETH weekly large head and shoulders pattern channel, head and shoulders pattern white line: June 2021 is the left shoulder, June 2022 is the head and shoulders, and the right shoulder is expected to appear in 2024. It can be formed by falling back and stepping back to the price near June 2021. Pink channel line: It is the top price resistance line above...
After a healthy correction of around -70% (totally normal for a S coin) we have technical basis for a recovery rally A double bottom with bullish RSI divergence A down trendline break With a general altcoin rally I expect this to be trading back in the 1 dollar plus area soon enough.
with extended trendlines we don't need to be heros's as speculators Patience and letting price action CONFIRM a trend change is CRUCIAL .... Encouraging signs nonetheless!
And Knight our precious #ALTS Things we are looking for 1) The major Trendline to come in as support, like it has done before maybe it's @ FWB:23K , maybe it's a time based, sideways consolidation from here? But do u see the upper trendline coming in as resistance . Significant resolution is coming soon. 2) higher low on the RSI , confirm the bull trend...
Hi all. Timeframe 1 week. BNBUSDT completes triangle formation. At 213.8 there is strong support. Spot recruitment is available now. Also long during breakout/retest. Marked goals/levels on the chart.
Filecoin is being shilled by Arthur Hayes as he likes the narraitve of decentralised blockspace I just like the chart :) I predict we see this W bottom play out for a second time Will the blowoff top be as manic ? still good gains to be had .. if Bitcoin does what we hope
BNBUSDT : If it breaks the range of 630 and the candle closes above it And the pullback is done, we can expect the specified range to move But keep in mind that this is the first and short-term target And if the price breaks our red trend line and crosses it Then it will move up to the blue trend line. You can open your position right now And set your stop...
Hello,Traders! ETHEREUM is trading in an Uptrend and the coin is Consolidating above the Horizontal support of 3,700$ So I am bullish biased and I will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
ETH: Bearish – BAT Detected + ROC Divergence The Wolf of Zurich detected a bearish “BAT” on Ethereum We could therefore go up to around 3 270 3560 Then go back down to point C around the polarity zone of 1800-2035 The 50 and 200 exponential moving averages are still potential targets In addition you will notice a divergence in the ROC between the price which...
Just like my recent CYBER analysis, MAV is trading within a bullish channel. I'm anticipating that the low is in (for now) and that the most likely path forward would be a continuation of the trend. Target at the top of the channel or 1.25$, stop below the recent swing lows.
CYBER is a relatively new token on the Binance exchange. Since it's inception, this token has been mainly going up inside this bullish channel. After a recent touch of the bottom support, it would theoretically be a great time to step in. Target at 22$, stop just below the recent swing lows.
The daily chart for Ethereum (ETH) against USDT provides a detailed view of the price movements and key levels that could indicate potential future actions: Resistance Levels: R1 ($4,126.11): This level has been a recent high and could act as the first significant resistance. R2 ($4,371.66) and R3 ($4,752.50): These are the subsequent resistance levels that the...
The volatility brought about by the approval of the ETH ETF gradually narrows. U.S. employment data, CPI for May and FOMC will be released in the next two weeks. This will affect market expectations for monetary policy. Starting from April's data, both employment and CPI began to cool down. Although the Federal Reserve said that an interest rate cut is far away,...
STX has a perfect accumulation that just put in a spring right here. We're right near the bottom of what's about to become a massive pump. Altcoin season is in full swing and this is the next top gainer! TD Sequential has 789 on the daily and oscillators are showing daily bullish divergence.
In a recent rally, Ethereum demonstrated significant momentum. In our video analysis, we delve into potential long positions, contingent upon price meeting our entry criteria. Observing the 4-hour chart, we note a prior bearish trend that has now been disrupted by a bullish break in market structure. My bias leans toward a long position, but it remains subject to...
Ethereum (ETH/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 3,715.94 1st Support: ,518.21 1st Resistance: 3,969.63 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 all...
Hi again people. I am projecting the crypto to be weak this week, especially Ethereum. The whole pump from ETF expecetations from 3200 to 3900 should be corrected relatively quickly, we had similar situation with BTC & ETF. With slightly more Short positions on CME for both BTC and ETH, I am expecting an Ethereum panic this week. The entry now, and especially...