🎯 Entry Point: Open a long position after a 4-hour candle closes above $3,600, indicating a breakout. 🎯 Take Profit Levels: First target: $4,150 - $4,350 Second target: $4,700 - $4,900 🛑 Stop Loss: Place a deeper stop loss just below $3,300 to allow for volatility. 📊 Strategy Rationale: Taking advantage of ETH's attempt to break through a significant...
Hi folks today I'm prepared for you Ethereum analytics. A not long time ago price in a short time rose to the 3820 resistance level, which coincided with the resistance zone, but at once rebounded and declined to the 3250 support level. But then, ETH backed up to the resistance level and even broke it, after which some time traded in the resistance zone, after...
Well kind of ultra bullish, one would assume. Lets take a look what we've got. 1) Possible finished expanded flat ABC setting a fake new ATH back in nov 21 with a perfect ABC ending on 1.618 as well as C ending beyond 4.236 2) The first leg in 2019 had been corrected hard to almost 1.0fib, assuming the correction of the third leg will be mild 3) Recent...
RUNE is breaking out its resistance line, so we can expect a bullish momentum. Buy zone - current price Targets - as given in chart
Of when we can expect the next Bitcoin top to arrive. The indicator has a inverse head and shoulders, with a amplitude that projects to reading of 2. Or 2X the 200d simple moving average. Some people will say doing TA on a indicator is foolish. Well I just did. And will be keeping a close eye of this important level.
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If you can make sense of this that's cool. Otherwise, I'm not really going to explain myself though I do understand what I drew here. I do think the overall trend of Ethereum is trending up but I also think the short term trend shows the graph is going to fall in price for a very short amount of time.
An image showing the negative space around the price of Ethereum. This could be a potential aspect to show where the future price of Ethereum will stay based on uptrends and downtrends. This is an attempt to understand the quite confusing graph of Ethereum, not as simple as Bitcoin to analyze.
Bitcoin has some crazy trends. But everyone says I'm crazy, so I've really got nothing to lose, haha. Basically, everything is overextended, but not really.. if that makes any sense. It puts bitcoin rejecting somewhere between now and 48k, and dropping to like 32k, which then has it returning to 54, which then has it going to like 12k, which then shows...
Short term Doge looks like its in trouble. It looks like a big move down is imminent. Bearish pennant, bearish cross 50 over the 100. A significant move down in Doge and the whole market is about to happen in my opinion. I could be wrong and this is a fake out and we blast to the upside but look at Litecoin and what happened when the 50 crossed over the 100...
FET is currently trading in rectangular trendline and is ready to pump from here. Long setup would be better choice.
Good Morning! CRYPTOCAP:ETH Futures did not form a bearish crossover while Spot did form one. #ETH Futures shows it bouncing at the longer term moving avg & then close above the support line, yellow. Compared to Spot #ethereum which is all over the place. IMO still relevant to pay more attention to derivatives, like Futures. #crypto
In my last bullish BTC analysis I wrote about the idea that a short-term bottom had been formed and that were likely to bounce from said area. As of today, this signal appears to be a great success. I also made a bearish signal recently, but that entry target had not been hit, so nothing lost. In this analysis I want to take a look at Bitcoin's next macro...
LINA broke out from this triangle in 2H timeframe in the chart, BTC being bullish , LINA might give at least 20% from here.
If this pattern plays , there' ll be more blood on not only CRYPTOCAP:ETH , on whole #crypto market. Breaking down 3300 with high vol and failure on retesting 3300 will be the validation. Breaking up the wedge with daily closings is the invalidation. Also in the chart it' s clearly visible a shoulder head pattern has formed, too. NOT FINANCIAL ADVICE.
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I'm fairly certain we are about to have a BTC breakout. Bulls have successfully defended $60k for ~2 weeks now and we are about to move into (arguably) the two most important BTC and crypto months of all 2024. The halving is coming up. ETH ETF decision should bring some volatility- despite approval or not. The past 2 weeks have been an incredibly healthy...
ID is forming same pattern as TRB did few months ago, holding ID in spot or having long position with small leverage would be great idea.