based on nothing we get double bottom then moon fed not ready to pivot yet
Within Rises and Falls of any Market you will hit Key areas of support and resistance. Often, the stronger the level the less likely you will crash through first time. After the positive market sentiment yesterday we saw a rise higher across the crypto and Equity Markets. This provides movement to KEY early MA's and a resistance level. This also gives you...
as you can see,there is a head and shoulder reversal pattern forming on ETH.H&S breakout will be simultaneous with the ascending wedge breakout which will promise much lower prices.but for now 1720 would be a good target.good luck and remember always WAIT FOR CONFIRMATION.
Until ETH gets below $1800 the chart can still push higher. However I believe the odds are we've topped and are now JUST starting to carve out a pattern to the downside. The forms this wave V can take are ideally and impulsive 5 wave pattern or an ending diagonal. Below $1569 is our first major clue, and below $1277 we get confirmation. If we have topped, I...
Similarly, like in the case of Bitcoin, we also remain bearish on Ethereum. Indeed, we still maintain our price target of 1000 USD per coin. Our views are based on technical and fundamental factors detailed below and in the previous articles. Illustration 1.01 Illustration 1.01 shows the updated setup for ETHUSD with the bearish trigger below the immediate...
In our previous idea, we argued Ethereum reached a potential top of the bear market rally. However, we remain cautious until we see more signs to confirm our assessment. Our view is based upon bearish fundamental factors that will persist throughout 2022 and 2023, dragging the global economy into recession and causing risk-off sentiment. In our opinion, the...
for my own purposes; mock long position; want to work out the trade on paper or google sheets; R:R/ margin / leverage; practice
Past Performance of Ethereum Ethereum remains one of the top performers, gauging from its performance on the daily chart. Even though there were lower lows, the uptrend is defined. The coin, as an illustration, is up nearly 130 percent from the 2022 lows. Based on the candlestick formation in the daily chart, ETH remains in an uptrend as long as prices trend...
Just an idea, shouldn't be taken as an exact price prediction. Should be used as a guideline.
Gala approaching a very important resistance, if we break this to the upside we’ll see a price of 0,36 max. Goodluck and DYOR!!!
Following the rise of BTC, ETH has rallied more than 95% from its low. This exponential rise may be Supported by the Merge and the decline of BTC.Dominance. However, ETH bull movement may not last long: 1. Daily bull candle is getting weaker 2. Multiple touches on RSI overbought zone But, different from BTC. ETH is moving in an ascending channel. If it can...
ETH Mar '20 vs ETH now everyone betting on down from here, everyone down bad, the space is quiet as ever, but keep this in your MF mind. this is $crypto, i've seen a lot weirder shit happen. some of my best bets i've made were betting against extremities from the public. Run it back CURBO -@CryptoCurb
BingX’s Bitcoin Chart According to Glassnode, the Number of Ethereum addresses in profit (7d MA) just reached a 3-month high of 5224410.732. Bitcoin is almost flat over the past 24 hours. The largest cryptocurrency attempted to sustain above the psychological resistance at $25,000 for the past three days, but the price could not sustain the higher levels,...
Still Following the major falling wedge pattern. Head and Shoulders target still not quite met. Dollar strength is the one to watch. BTC is underperforming compared to tech stocks
On the H4, with price moving within an ascending channel and bouncing off the ichimoku indicator, we have a bullish bias that price will rise to the buy entry at 1916.72 where the pullback support is. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum to carry price to take profit at 2015.54 where the swing...
When deciding whether to pull out or stay in. Consider this: Am I making money? Is it a good time to build my position since coins are on sale? Currently, I'm waiting to see if the trendline turns green to bullish or red to bearish.
Bitcoin (BTC) The main crypto is in a similar situation to the US500 and the Nasdaq 100 which anticipated the breaking of the Falling Wedge and before the Apple indices which is the most capitalized company on Wall Street. The Hedge Fund reasoning is quite simple and logical. In the accumulation phase, or at the end of the bearish phase of the market, first buy...
Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉 Friends, let's not look back a lot. I remember a couple of months ago I wrote that Ethereum would cost below $1000 when the price slowly went from $1300 to $870 A couple of months have passed, the price has recovered again and people's interest has...