ETHUSDT TF: 15M Side: Long Pattern: Double Bottom Entry: Between $1,569.99 & $1,589.88 SL: $1,569.99 TP 1: $1,600.13 TP 2: $1,611.15 TP 3: $1,620.06 TP 4: $1,628.97 Similar setup to earlier. ETHUSDT is currently ranging before we see upward movement.
ETH daily chart...Of course the Merger happened from "proof of work" to" proof of stake" and so far so good and the blockchain is running great. Im looking for Institutions to begin coming in from now on out. I also see ETH flipping BTC in the coming few years. So take a look at the candle hitting the trendline and looking for a bounce up. If it breaks below...
You have been asking for an updated analysis on Ethereum for a long time. We decided to wait until the transition to PoS is over and make a review. From a technical point of view the situation has not changed much. We were not able to hold above the key $1700 level, We captured buyers and shorters’ stops and showed another sharp drop. Now we are falling much...
Congratulations to my short buddies. Now we long.
Not being funny but I just bought the dip on ETH. You always have some hype before an upgrade which cause price to pump and then a dump straight after whatever fork, airdrop etc. Most likely this is a shake out of weaker hands. At the moment demand appears to be holding despite the huge dump. Hopefully I am write. I am Lord and tho shall not fear.
BTC is now exactly on the volume place. This is the place where possible whale increase can start and where we did add before. Until now there is still no confirmed breakdown for BTC - and this can be risky for shorts to enter with whale increase to an uptrend. This volume point is very important as it's done with the high's possible tools. The whale volume zone...
This is a risky trade so please use stops if you follow me. I'll update on progress. Best to all, Chris
PLEASE DO NOT COPY MY TRADES WITHOUT DOING YOUR OWN RESEARCH AND ANALYSIS I see a nice long position here bit of room to go down but 10 Lev going pretty strong on this one taking quick profit on it but with everything in these times dont wait to try make the 100% gains Good luck to all
Ethereum is working on it's descent to fresh new lows. Along the way there will be declines and retraces. The above chart covers some of the sub waves within this larger wave 3 of 5 to $700. Best to all, Chris
This is for the short term since the market still unstable
What do you think about that scenario short squeeze to take late shorts then go back down.
Channel? Lets see what happens, might be a good continuation channel
The eth merge was succesful so now its even stronger then btc i ssee a short opurtunity here before it goes back up, it might go back up too but lets see my stop loss is so littel that idrc.
ETHUSD Daily guidance is cautiously bearish. Recommended ratio: 25% ETH, 75% Cash. *After a successful Merge, Ethereum is now a Proof of Stake network... and in classic Crypto fashion, it appears to be going through a "Buy the Rumor, Sell the News" cycle. Cryptos, Equities, Futures, Commodities and the VIX are down while the Euro, US Treasuries and DXY are up...
Maybe a quick pump up until OBV is in harmony again.
ETH is still high interesting since the merge, and this level it seems interesting for recovery back into higher price action.
* GET RID OF THE INDICATORS OR MINIMIZE THEM * BINANCE:ETHUSDT CBOE:ECM It is in my opinion that Ethereum is replicating the Dow Jones Internet Commerce Index back from 2007- 2009. The structure looks to be identical! This makes me insanely bullish for ETH if it continues to follow it! Let me know what you guys think!