Censorship risk Just three weeks before the expected date of the Merge, financial regulators at the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) dropped a bomb on the crypto world with the sanctioning of the Ethereum-based Tornado Cash mixer. There remain a lot of unknown implications, but many developers and node operators decided they...
Hello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving in the local uptrend channel. Let's start by setting goals for the near future that we can consider: T1 = $ 1,621 T2 = $ 1,665 T3 = $ 1,700 T4 = $ 1735 and T5 = $ 1,786 Now let's move on to the stop loss in case of further market declines: SL1 = $ 1564 SL2 = $...
ETH - Now what? Sure, we've had the merge excellent success but we are still in 'cash king' mode and until then the risk is I really don't need substantial movement overall with crypto. Technical a break to either direction. TJ
Hi friends! The whales make a trap pushing a Near price higher. After this bought they Near 10% lower. The volume bars confirm it for us. Nice profit. What is the highest possible scenario now? Near fall to the biggest $0.41-0.45 value area and the bottom border of the channel. So what does it mean? Double support for the price. But we can expect the same...
HELLO GUYS THIS MY IDEA 💡ABOUT ETH is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason for...
ETH 2.0 is here! Today, 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 capitulation...
ETHUSDT OUTLOOK daily On the daily chart although we have seen price creeping up from June lows of 880 area we still have not retraced back to above 50% from swing high of 3500 level. Although the intermediate price structure is bullish the last bearish swing is still intact. Based on the chart I could see one supply area around 2.3k 2.9k area. 3.5k is my...
Since BTC hit 20k in 2017 its only appropriate that ETH goes for 20K following 2022 Situations in Green boxes are very similar The first box however is a lot more aggressive growth than I expect
#Ethereum Attempting to catch a bid at support here.
Hi friends! Fantom is close to it`s bottom as the most of the altcoins. So it`s a good chance to make profit, because the biggest impulse happen after the accumulation at the dip. Now i see that situation on crypto market is not clear, no trend, a lot of bad news, but a lot of signals that BTC close to bottom. As the altcoins follow the BTC we need to keep an...
Not long ago, we warned about the rally being doomed to fail. Indeed, prior to the merge, we stated that a short-lived price increase might occur before the distribution of ETHW tokens (due to speculation). Our assessment proved correct, and the price rose ahead of the merge. Furthermore, the hype was quickly killed by the latest CPI print in the United States,...
Is this the final moment we have all been waiting for? The start of the flippening? The merge is finally underway and Ethereum dominance is setting up to take a run at new ATH's.
ETH is currently bullish as yesterday all cryptomarket dropped. We broke local trendline and currently looking to break the level. Funding is positive, meaning that more people have shorts on ETH that longs. It's also makes interesting for marketmaker to push the price up. Action will be in 1 hour as we are preparing to merge. I expect a spike up, let's...
Just some correlation about ETH movement between wallets, exchanges and Arbitum Seems Arbitum served as a "cold wallet" to pump Ethereum prices in the past They acted mainly related with Binance... And Binance was the first to "block" ETH withdraw during the upcoming Merge. So what next? Just keep watching what happening with Arbitum network, where...
On the H4, the price seems to be in a descending trend hence we're looking for a pullback sell entry at 1676.58 where the 50% retracement sits with taking profit at 1508.57 where the previous swing low sits, and stop loss at 1789.86 where the previous swing high sits Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
Ravencoin sits at the 61.8% Rertrace of a Potential Cup With Handle at the PCZ of a Bullish 5-0 with Hidden Bullish Divergence on the RSI. This isn't my most convicted trade ever but i think it's still worth giving decent a shot to see if Raven Can hold this PCZ level, if it does then we could then see Raven make a 200% Retrace to complete the Measured Move of the pattern.
Hello Traders, here is my analysis for BTC/USD. Let me start off by saying, BTC has a massive barrier to overcome to turn bullish. What is this barrier I speak of? ***The Descending Trendline that been plaquing BTC since the November 2021 high. What does this mean for BTC? - Basically, this trendline is MASSIVE MASSIVE Resistance for BTC and will require a...
If the success of The marge will boost buying sentiment, ETH will surely have a price step of $ 1.8K and then to $ 2K, then the market will be very active. If The Marge fails, everyone will be suspicious and ETH price could drop to $1k. I believe ETH will go to $2K