No signs of bottom Turned bull when we saw that higher low and volume but quickly turned bear We called bottom few months ago but quickly went sour and touted ETH
Last night I posted. As of today it clearly appears we're underway. However, rather than get ahead of ourselves, lets outline what path price would most likely take if in fact new lows are where we're headed. The micro chart below is a standard impulse wave from the recent highs and how each movement should unfold. The charts shows the first 2 sub waves...
Our new super simple KC Crypto Profit Targets +/- 2 script (OK we gotta work on the title) works like a charm. The circles show almost exact hits of the price at the 2 ATR (All Time Range) multiplier levels (upper and lower blue bands). Our script discards the +/- 1 and +/- 3 ATR multipliers for simplicity and conservative profit taking sake. Note that this is...
Hello everyone, let's take a look at the ETH to USDT 1 day chart as we can see price movements in the uptrend marked with yellow lines. It is worth designating two support zones that the price has in case of a correction, and as you can see, the first zone is $ 1,570 to $ 1,442, but if the next zone breaks, the next zone is $ 1,224 to $ 1,442. Now let's move on...
Hoping a pump at merge but be careful cpi number as not that good that i was expecting .Trading must be difficult for few days just because of cpi ETH was stronger than btc but now it’s not that much
Bitcoin has shown breakdown moves more times, and we did learn from these moves a lot. We know that there are different ways of breakdown trends, such as Stock market flow as today, and others as BTC bans, or any whale expecting that the price will go down. But at the same time, you have also a buy low selling , this method is building to get the price action...
The chart here looks perfect for a short in $NVDA, and as a bonus we have #Ethereum transitioning to Proof of Stake for transaction validation, which together with high electricity prices will make GPU mining go extinct overall. I'm short, as part of my long/short stocks portfolio. The other shorts are crypto currently, which are likely the riskiest of all risk on...
Ethereum is trading in the symmetrical triangle. We have support and resistance and 2 touches on each side. So far it tells us nothing. However if we look at history and see how price behaved on previous forks we can see a trend to fall on the release. If this is the case we need confirmation. Trading near bottom range without pullback or strong supporting...
Bitcoin is still in the zone area which means this small recovery can start to an uptrend. This point is also an important point for recovery. Same time this small breakdown happens as the stock markets did breakdown and not from BTC issue. The target of BTC is 24K: And can be done coming time. THE ZONE WHERE WE ARE NOW CAN BE A VERY IMPORTANT POINT FOR THE...
LUNA CLASSIC is poised to either make a nice dump or a nice pump. I am leaning towards a nice pump because I think the Ethereum merge will go just fine. Once the merge happens and theres no apocalypse then the market will continue its bull run. If Ethereum does have issues, whether small or big, the market is going to respond very negatively, and a flash crash...
Hi everyone, inflation rose instead of easing but it's still the lowest since April 2022...depends how you want to look at it. Ethereum merge incoming and Pirce is on support at the lower end of the channel. That's a level i like to Buy. DYOR, it's all speculation at the end of he day but the chart allows me a nice entry and i took it already. On my chart all...
The ABC correction has completed and we can already see a huge candle downside. The bearish mode is likely to resume and we could see the price down to previous lows ( or further down). Regardless, more downside will only create new buying opportunities for the long term ( bullish ) trend. Manage risk while trading.
This is yet another chart on the 3D time-frame, which time after time has proved to be reliable in catching medium-term price trends. This time on the ETHBTC pair, the 3D MACD just formed a Bearish Cross. As you see, since the June 06 2021 candle (so more than a year), every such formation (with the exception of August 20 2021) was a sell signal. I have pointed...
ETH / USDT is Going to get a good setup for LONG POSITION you can get this position with LEV10 X Good Luck & dont forget to set SL & TP
Bitcoin may not be something that a lot of regulated markets traders pay attention to, and duly so. Digital currencies are heavily centralized in the hands of Chinese Communist Party affiliated entities, and have virtually no inherent, real, or long term value. Yet their price activity often has a correlation to equities and indexes. After all, these do have...
Hello traders, I hope your weekend was good. We are back again after the weekly close and things are still not taking a positive turn. Here's a quick update on Ethereum in a lower timeframe. Timeframe: 4 hours. Update: ETH gradually started pushing up after the sudden drop (from $1687 to 1487) on the 6th & 7th of September 2022. This pullback went from $1487...
1600 support can be seen along this horizontal line Similar tests of this 1600 area have been seen before