The ETH/USDT (Ethereum) pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant patten. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 3020 or lower if the price continues to...
In this analysis I want to elaborate further on my previous analysis where I talked about the daily RSI of BTC almost being oversold, which is historically a great time to buy during bullish long-term trends. As seen on the chart, I'm looking at both the RSI and the diagonal purple trendline. Ideally, the daily RSI will be lower than 30 and BTC will be trading...
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
I expect to see a rise to 3023.24 in the near future. This is the start of a fresh daily fair value gap.
As Ethereum ( CRYPTOCAP:ETH ) attempts to stage a comeback following a recent downturn, the cryptocurrency market finds itself at a crossroads, influenced by a multitude of factors ranging from regulatory uncertainty to macroeconomic trends. The recent decision by the Federal Reserve not to tamper with interest rates provided a brief respite for CRYPTOCAP:ETH 's...
Market Observation: Yesterday's significant dip brought many altcoins, including ETH, into their support zones. Trade Setup: Entry: Long spot position between $2,850 - $3,050. Take Profit: $3,400 - $3,700 or $4,100 - $4,350. Stop Loss: Just below $2,800. Risk Management: Implement a stop loss just below $2,800 to mitigate potential losses. 📈💡 Trade Strategy...
Hello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price rebounded from the resistance level, which coincided with the seller zone and declined to the mirror line, where it at once turned around and in a short time rose higher to the 3530 level with the seller zone, thereby breaking them. But soon, ETH...
`To trade a bullish symmetrical triangle, observe a consolidation pattern formed by converging trendlines with higher lows and lower highs. Wait for a breakout above the upper trendline accompanied by increased volume, signaling potential upward momentum. Enter a long position after the breakout, aiming for a price target approximately equal to the height of the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 ETH has been overall bullish, trading above the red trendline which is acting as a non-horizontal support. Currently, ETH is in a correction phase trading within the falling orange channel. Moreover, it is retesting a strong demand in green at $2900 - $3000. 🏹 Thus, the...
TOTAL1 #cryptocurrencies total market cap chart. (Inc. #btc #bitcoin #eth #sol #bnb #xrp #doge and all #altcoins) Some dead cat bounces are necessary, but overall weakness is playing out with continuation. Former support zone is now turned into a strong resistance zone (Orange box).Declination will be sour. Not financial advice.
In the daily and weekly time, it went through a complex mixed cycle that grew up to the $45 range, after which a three-wave correction was supported until the bottom of the channel, after which it finally exited the medium-term ascending channel with an ascending wave X. . But currently, with the support in the blue box and with the failure of the dynamic trigger,...
Ethereum has recently formed a bull flag, indicating significant potential for upcoming market movements. On Ethereum's upward trajectory, the first notable barrier is resistance A, and successfully overcoming it could pave the way to reaching the channel's ceiling. If Ethereum can respond positively to these resistances, we can expect a substantial increase in prices.
after we see breakup eth last high in low tf we can buy that on 0.618 fibo update soon...
""The time to buy is when there's blood in the streets." A quote that most traders are familiar with. It basically means to buy assets during periods of weakness. Bitcoin is currently experiencing a very volatily bearish period. With a daily RSI sitting around 32 points, it takes just one red day for the daily RSI to hit oversold levels. During strong long-term...
If you haven`t sold the top on ETH Ethereum: After analyzing the chart patterns, I would define the revised buy zone as ranging from $2170 to $2370, as illustrated in the chart.
#bitcoin #btc has lost the falling channel support and now hanging below. Former trend support is now resistance. #btcusd price may test the orange box. This is also the bearish retest. Declination will cause dump to continue. Not financial advice.
In the weekly time after a three-wave correction in the range of the green supported box. Currently, it has a three-wave upward movement that has completed a complex combination correction in the form of wave 2 and is currently in wave 3 of 3, wave C or 3 big. Therefore, I expect it to touch the specified targets on the chart after the supply zone is broken...
🟣 Today, let's delve into the latest developments in the Ethereum BINANCE:ETHUSDT market landscape. Here's what you need to know: Ethereum's Price Analysis: Ethereum has been in decline since mid-March, with its price developing a Downward Channel pattern. Consolidation periods compressed in Rising Wedges within this pattern suggest a continuation setup...