Simple head an shoulders on the daily with volume decreasing. I've been watching APE since the token was released and it really looks like it's about to dump again. If it breaks through the floor of 3.06 there is no telling how far it could drop watch that level. Full Disclosure: I m completely out of APE and nd waiting for an established bottom. Not Financial Advice
Lets face it, ETH is looking bearish. It has left a lot of EQL from the last pump, and this estructure is not helping either. As always Do your own TA. Hope you enjoy!
For all the talk about how POW is going away now that the ETH Merge is complete, over the past 24 hours, Bitcoin is holding up better than pretty much anything. My outlook is neutral, but if this ending diagonal breaks upward, we could see a re-test of the bear flag, again. The target would be around 22.4K.
Sometimes when news is coming you need to KNOW whats likely and whats not. Learn this and it will save your butt!
After a successful short after bad inflation numbers and a closed position with a 12% profit, we are in a situation where we can potentially go long IF we see a bounce from the blue box. You can see on the chart that the blue box is between strong horizontal support and 0,618 Fib from potential wave 1. I'm not bullish, especially in this economic situation, and I...
ETH 2.0 is here! Yesterday, at around 3AM EST, Ethereum’s long-awaited transition from Proof-of-Work to Proof-of-Stake took place. Prior to the event, many were left wondering what the impact of this important occurrence would be on the market. Would a successful merge lead the way to a more bullish market outlook? Or would a failed merge lead to further...
Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ As expected after the Merge to see a downward movement, the asset tested the $1650 zone and got a bounce, the down trend continues! ▫️Before the update was released, I wrote a tradingview post that I placed my orders in the range of...
Hey everyone, just some quick TA. On HTF there is a H&S unfolding. Monthly open lost (1554) now opens the flood gates to lower prices. Based on fibs and where previous lows are it appears those lvls will be reached sooner rather then later. 1.618 lines up around $900 which also coincides with previous lows. This is not financial advice just what I’m seeing in the...
LUNAC LUNA CLASSIC Has bottomed out on this correction and is now priming for another massive spike. My target is still at least previous highs and then probably much higher after that. This move is only about an hour away at most I believe, and a great entry point. This is not financial advice this is just my opinion. Thank you and good luck everyone. 30...
ETHW , ETHPOW, or Ethereum Proof Of Work, looks like its about to retest the previous high area. This could run pretty quick because there isn't very many coins for sale yet. The indicators are showing that a nice move is about to play out to the upside. Plus you never know this thing could really run. Lets say something happens with the new POS chain, where...
ETH is in a Inverse Cup and Handle Pattern. this is a Bearish Pattern of course But We also have another Bearish Pattern as well which is a Descending Triangle Pattern.Right now The Price is at a Pretty Neat support zone which is a Support zone ,Bottom of the Triangle & also the Break out Point of the Inverse Cup and Handle Pattern. but It is Expected For...
eth break the trendline downward last night and right now we got a succesfull retracement and rejection from a trendline so we can see a good short opportuinty right there.
Support at 1460 or 0/5 fib start from the June strait of the price down and is a strong level. If the support is broken, then the next target is 1280-1340 or 0.61 fib confuses only one moment If you look at the chart of eth / btc, the target for eth against bitcoin is 0.68 and 0.63, which is 0.5 and 0.61 fib. And whether it will be through the fall of the...
Understanding Ethereum's (ETH) price action before the merge event can give us further insight into what may lay ahead. Chart patterns are real, and the historical price action tells us they are repetitive. Based on the price action structure, it appears we're in the process of developing a Zig-Zag pattern, which is a price sequence where the first leg and the...
QUICK ETH UPDATE On the Daily Chart, ETH is currently not looking at all... A Big H&S Pattern is forming (which is Bearish). There are 2 scenarios which could play out at no particular time. The 1700-1800 is still a crucial R Zone for ETH to regain The next S Zone for ETH is around 1275 if it continues the move to the downside. The H&S Pattern Measured Drop is...
Follow me, like, comment, and write questions. Like many cryptocurrencies, Ethereum is in a downward trend with no signs of ending in the long term. However, in the short-term time frame (hourly), we can find an opportunity to buy to the trend line area and then look for the sell zone. Observe the money management and the stop loss.
The price has stop at MA60 on 29/8/2022 since higher level (14/8/2022), after some days price has exceed over 1722 level. 10/9/2022 ETH has confirmed uptrend at the moment and next resistance line at 2030 level. Looks for retracement and stop at nearby MA20.
Ethereum has dumped, despite the fact that the long awaited 'merge' finally happened yesterday. We have been warning you not to get too excited over this and that it would probably end up in a pump and dump. As predicted, we got slammed back to the $1400's from just below $1800. The selloff coincided nicely with a tanking stock market, in addition to gold, and...