We are in the early stages of the next bull market. The question was never "if" but rather "when." The probability has shifted significantly to the upside in the last two months. Really, nothing much has been going on, and I’m waiting for my confirmation markers to trigger before making a technical analysis. In my view, we are in a pretty large bull flag, and a...
Data from cryptocurrency analytics platform Santiment has revealed that so called ‘Shark’ addresses on the Ethereum blockchain have over the past year stockpiled over $6.2 billion worth of the second-largest digital currency by market capitalization.these addresses are defined as those holding between 10 and 10,000 ETH, or between $17,500 or $17.5 million worth of...
1d: moving on the upside off, there is a liquidity target behind the key high. 4h: upward order flow here as well, went into buyer imbalance. Observe risk management !
Last week, the U.S. CPI data for September was released. Although the CPI figure was higher than expected, it was still lower than the previous value. We believe that once the Federal Reserve enters a rate-cutting cycle, as long as the CPI data does not significantly deviate from expectations, the market will not price in a recession or an inflation rebound. It...
Overview: The U.S. observed Columbus Day on Monday, with most businesses closed, but trading activity was still alive and well. The PYTH:SPY closed its fifth consecutive green day, reaching a new all-time high, while the PYTH:QQQ approaches its own record. Due to the holiday, the Federal Reserve didn't release any data, but tomorrow we'll see the Empire...
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Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- ETH is in a reverse array. Therefore, it is not attractive to start trading. Therefore, the point of observation is whether it can turn into a regular array when the price is maintained...
I have two price scenarios for ETH Scenario 1: If the price drops from this range and reaches $2,500, you can start buying from the same area and maintain it until the final target of $3,000. Scenario 2: After the price falls to the resistance zone in the range of 2730-2820 and reaches the range of 2330-240 dollars, take a buying position from that area and hold...
Ethereum seems to be forming a bullish triangle. From where we placed the red arrow on the chart, it seems that the correction of ETH has started. We now seem to be in wave D of this triangle. We are looking for buy/long positions in the green range. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please...
In the fast-moving world of cryptocurrency, one mention from a key figure can send token prices soaring. Such was the case when Ethereum co-founder Vitalik Buterin highlighted $EBULL, a relatively unknown memecoin, on social media. Following his tweet, $EBULL skyrocketed by over 3000%, temporarily surging to a price of $0.001618. However, after the initial...
Buying CRYPTOCAP:ETH at support lines, yellow arrow down, is working out, so far. (Don't post here as much as we'd like. Pls see profile for more info) For AMEX:ETHT that about 1.5 points, lil more than 10%. For a few days, less than a week = good. Weekly #ETH is not great but it's forming an Inverse Head & Shoulder, which can be a bottom forming pattern. #Ethereum
Ethereum (ETH/USD) is rising towards the pivot and could reverse to the 1st support. Pivot: 2,493.86 1st Support: 2,396.64 1st Resistance: 2,566.10 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. Trading Forex and CFDs may not be suitable for all investors, so please...
We hit to 4H supply zone and rejected there. Scalp short only. I am bullish overall. I will be managing real time and i may close manually if i see something odd. Nothing i share is financial advice. Education purposes only. #Altcoins #Crypto #altcoin #AltSeason2024 #Bitcoin #Ethereum #ETH #ETHUSD #ETHUSDT #SEIUSDT #SEI #SEINETWORK #BTC
#ETH scalp short idea. Shorted from the supply. Expecting to retrace till purple line. It is scalp, i am overall bullish. If we dont hit the target till monday evening (NY local time-EST) i will consider to close trade manually. Nothing i share is financial advice. Education purposes only. #Altcoins #Crypto #altcoin #AltSeason2024 #Bitcoin #Ethereum #ETH...
Overview: The AMEX:SPY continues its bullish streak, hitting a new all-time high and marking the fourth consecutive day of gains. But what’s fueling all this excitement? Just a few weeks ago, concerns about World War III and a looming recession were dominating the headlines. Now, it seems like the market is brushing off those fears. Pumping the AMEX:SPY ...
Zcash is a chart I like the look of quite a lot on the 1D timeframe. ZEC has outperformed the majority of the altcoin market since it flipped the 1D 200EMA downtrend into an uptrend. The 1D 200EMA has been I a downtrend for 2.5 years since the very beginning of 2022! Since then ZEC has bounded off the moving average once with a large wick and now it has just...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- Since ETH is in a reverse array (M-Signal on the 1D chart < M-Signal on the 1W chart < M-Signal on the 1M chart), I don't think it's time to trade. However, since it is located near the...