only a matter of time at this point...i just dont see the buyers lining up. perhaps they are spending all the money they would have on investments on rent and food?
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last analysis (attached below) the bears took over by breaking the wedge pattern downward and BTC traded lower till the 20k support zone. 18k - 20k is a strong support zone so we will be looking for buy setups on lower timeframes. Knowing that BTC can still dive...
Hello Traders, As you an see at this chart, I still think ETH is in Downtrend and need to finish this impulsive wave from the TOP. The QUestion is: "Is this the wave A or wave C of Correction ? In both cases we have to finish wave 5 of this corrective move. Also to form double bottom or Lower low with RSI and MACD Konvergence at 1D /1W Chart. This would be...
All the evidence shows that the market will be bearish in the coming days. As you can see, the formation of the head and shoulders pattern also indicates that Ethereum is bearish.
Hi everyone, the Ethereum chart is a little better than the Bitcoin one, the horizontal support has been broken, for me this is a short entry with target 1250-1300, in case it bounces on the trendline I will think about possibly a long entry.
structure seems to be bearish...safe entry below 1450 closing candle of 4 hr, target will be 1283.stop loss 1521 on closing basis
Ethereum followed this path before, in the period from January 2021 to November 2021. I believe this is his way back again from $900 in June 2022 to $4,880 in April 2023 or probably sooner, thanks to the #Merge.
ETH may close to finish the WXY correction with the Y as ending diagonal. Y=2.618 W. it need to drop below the ending diagonal lower trendline to make this case serious.
I think Ethereum will lead the market in the coming period
"Ah, freak out! Le freak, c'est Chic Freak out!" I made this chart in an attempt to counteract the various freak-out fests I have seen on Twitter and Telegram these last few months. I am not sure what charts the Freak-Out Crew (FOC) are watching, but they can't be the same ones as I am looking at today. The cycle low is in and the bottom is being made, what's...
ETH / USD ( Ethereum / U.S Dollar ) Technical Analysis Chart Update Time Frame - H4 According to the Long Time Frame #LTF - Daily it is following the BEARISH CHANNEL Pattern and its about to Reach the Upper Trend Line #UTL In Long Time Frame #LTF - H4 it is Following Ascending Trend Line Trend Strongly and it will Again Reach the Trend Line at the Point where...
Until now there is no confirmed breakdown trend - but as long BTC don't hit the 22K with confirmation we are still not in new uptrend. it means where we are at a zone of accumulation. On low time frame BTC looks now starting for new green trend. Its interesting to follow BTC coming time. with the time we could see or this new uptrend will made BTC hit above the 22K.
RLC Seems to be ready for new increase - on the low time frame Its one of the interesting coins at the moment. Targets. Possibility between 10% -55 % # No any idea of this channel is a finance idea.
Just one opinion of many. Every time it breaks one of those imaginary support lines, Fib levels the more likely it's going to retrace all the way back down into the 1000 area. If it manages to get above the 0.5 Fib and then above the crucial 1700 level then sunny skies. If it stays below then more gloom and doom towards the 3 digit price levels.
Looks like an obvious short here.. 18k target shall be next ETH doesn't look as promising for a short opp.
Ethereum price analysis is bullish today as we have seen a strong drop and lower below $1,500. However, sellers are likely exhausted now, meaning that a move higher should follow soon.
BTC did not confirm before the important 22K - if that was done, then we had at last some gain trend to 27K. Since the last news of Jerome Powell and more trend views of BTC - it seems btc are entering a new breakdown trend what could bring BTC to 18-15K if btc enters this trend further - with the time this could change when there are new patterns that confirm...
Hello folks, the FED news did create a negative impact on the market. Here's a quick update on ETH in a higher timeframe. Timeframe: 3 Days. Update: Back on June 18, when ETH dropped to $881, it looked pretty messed up but then it created a support level and managed to bounce back 132% ($881 to $2030) in 57 days. Sadly, it couldn't reach the upper trendline...