As we dive into Ethereum (ETH) analysis, it's crucial to note that ETH's value relative to Bitcoin (BTC) is currently declining, and the ongoing ETF approval process could significantly impact its future. Don't overlook these factors! Analysis Overview: Channel Dynamics: ETH experienced a parabolic move after breaking out from its previous ascending channel. We...
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price declined to the resistance level, which coincided with the seller zone and even fell below this level but soon backed up to the seller zone. ETH some time traded in this area and later rebounded up to 3717 points, after which it turned around and made a...
Ethereum ETH large parallel channel, the upper line is the top, the middle line is the oscillation, and the lower line is the bottom.
Hi Traders ! The ETHEREUM Price Failed To Break The Support Level (2921.76 - 2868.32). Currently, The Resistance Line is Broken ! So, I Expect a Bullish Move📈 -------------- TARGET: 3135.00🎯
FTM has been trading in a very strong bullish trend since October of last year. This analysis is based on the idea that FTM will keep trading alongside the bottom purple support. I'm waiting for a minor sell-off towards the entry, or when the price hits the bottom support line. Target at 2$ and the stop below the most recent local low. The stop is very tight....
I mentioned in the previous video that we might see a drop in the price of Ethereum as the ETH/BTC pair breaks lower due to liquidity being drawn to Bitcoin. We have observed a relief rally towards the 20 EMA, following the breakdown of the ETH/BTC pair, while still respecting the 20 EMA. Based on the previous cycle in 2019, we saw something similar as ETH/BTC...
In time 2W, after a complete upward cycle up to $147, it made a complex double structural correction, which corrected more than 50% of the previous wave. Currently, it is located in the important resistance area and the neck line, with its failure, it will have the ability to reach the ceiling before and after that, the first target of $515. Therefore, we can wait...
1. Price Trends : Over the past 24 hours, the OKX:TURBOUSDT Token has seen a significant price increase of > 25%. This suggests a strong bullish sentiment in the short term. Over the last week, the price has risen by > 45%, indicating a positive trend over the past few days. 2. Trading Volume : The 24-hour trading volume for OKX:TURBOUSDT is > $30 Million...
ETH seeks to reclaim $3,006.10 amidst a potential bullish breakout scenario. Surging past $3,353.57 could drive ETH towards $3,763.04, but breaching $2,819.34 might steer it towards $2,596.63.
ETH/USD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 2,865.45 Why we like it: There is a pullback support level. Stop loss: 2,814.40 Why we like it: There is a pullback support level which lines up with the 61.8% Fibonacci projection. Take profit: 3,036.53 Why we like...
Same indicator as the previous chart image share of BRK.B. Ethereum shows constant selling pressure using an imaginary indicator of type that may or may not be of any reasonable concern. This information is not meant to determine whether to buy or sell. It is a fact that there is more selling going on than buying yet the buying for some cryptocurrency and some...
Using the MACD on this monthly timeframe we can see a clear cross allowing bullishness on the monthly timeframe for ETH Just another example of why the market should act very bullish currently. MACD is a great indicator.
The bullish activity is evident when you take a look at the descending RSI on this daily timeframe, while the price is moving up. This is a huge divergence and I expect the breakout to be massive The curved pattern in green is where I expect the breakout to occur, which it is very close to.
Ethereum (ETH/USD) is falling towards a support level which is a pullback support that is slightly above the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 2,982.64 Why we like it: There is a pullback support level. Stop loss: 2,865.45 Why we like it: Thee is a pullback support level. Take profit:...
This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful...
Ethereum (ETH/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse from this level to the 1st support. Pivot: 3,082.23 1st Support: 2,963.76 1st Resistance: 3,181.69 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
Over the last week or so I've made a few posts on Bitcoin's inverse head & shoulders pattern, which is a bullish reversal pattern. In my initial post below I expected the reversal to come in earlier, but apparently we first had to go down more before the right shoulder was completed. As of now, the H&S pattern is confirmed (unless we dump in the next ~30 min)....
🔍Today is a crucial day for altcoins, as they have reached significant support levels. The market exhibits clear signs of buyer weakness, with selling volumes substantially outpacing buying volumes. Given these conditions, short positions are more favorable. The focus of today's analysis is Ethereum (ETH), the leading asset in the DeFi space that continues to...