💲Ethereum Falls Into A Support Zone💲💲Ethereum Falls Into A Support Zone
💲Ethereum is following in the footsteps of Bitcoin, which I have also written about, but here the declines compared to previous candles are much larger.
💲Looking at where we are on the chart I get the impression that a drop to the vicinity of the support zone seems very likely.
💲This was determined by the 0.786 level of the entire wave from the bottom to the top of the upward correction.
💲This is a key price level, and on many occasions the price has reacted at this level.
💲I determined the resistance zone based on the 0.618 level of the same wave as the support zone.
💲Looking at the technical environment, the fact that we are under the 50 and 200 moving averages, the MACD and RSI are generating upward signals. I have no doubt about the higher probability of declines at this point on the chart.
💲The scenario I am playing out is a continuation of the declines to the vicinity of the support zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Eth-usdt
💲Ethereum Which Scenario It Will Choose?💲💲Ethereum Which Scenario It Will Choose?
💲Ethereum faces an important choice just like the rest of the cryptocurrencies.
💲Everyone is watching which direction it will choose.
💲There are two scenarios for ETH.
💲The first downward scenario. We break through the support zone and fly towards the recent lows.
💲Second scenario. A breakout occurs, we break through the resistance zone and head north.
💲The situation is currently uncertain and we should wait for a decisive move in either direction.
💲The scenario I play out is to wait for a strong price reaction and to join the trend. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
BTC Bearish 1.15 to 3.56% 12 13 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Do we have room to retest ATH for 12.13.2022? Yes. This is why in the chart, this short move is labeled as TEMP. As predicted in the previous analysis, after we broke the $17,500 level, we broke free to $18k like a wild bird discovering flight for the first time.
Now presented to us is an opportunity for a quick short trade with potential TP labeled below. Note: if we don't retest the $18K today or tomorrow, this will be the beginning of our journey to a new ATL for 2022.
A private chart layout was used to prompt an earlier entry into this short trade analysis. Typically, we would wait for yellow MA to cross over the lower dotted white FIB in the 5min chart before we signal an entry point.
Safe points to take profit:
T1: 1.15%
T2: 1.74%
T3: 2.59%
T4: 3.56%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
InvestMate|Ethereum Road To $1450💲💲Ethereum Road To $1450
💲That's how I perfectly predicted in a previous post the start of the current upward wave on ETH:
💲Yes this time I come to you with an update of my perspective.
💲As we can see, the price has started its way northwards over the last few days.
💲The target is the levels around $1450
💲The resistance zone set out in the previous post is located there.
💲Seeing that we are above the 50 and 200 moving average.
💲MACD and RSI are clearly presenting bullish signals I don't see why the price should have any problem with increases at this point.
💲The scenario I am playing out is a continuation of the upside to the vicinity of the first local resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Ethereum Continuation Of Upward Breakout💲💲Ethereum Continuation Of Upward Breakout
💲Post is a direct continuation of the previous post in which I predicted the upcoming breakout
💲In this post we will look at the chart from a slightly closer perspective.
💲As you can see ETH has been holding steady since the last post. Slowly climbing to higher and higher levels.
💲The support zone which I think is significant is the 0.382 level of the entire upward wave from the bottom of 22.11.2022 to the peak of 30.11.2022
💲The nearest significant resistance zone is around 1450 where there is a cluster of two fibo levels. The first level is 0.382 of the entire downward wave from the peak on 14.08.2022 to the bottom on 22.11.2022 The second level is 0.5 of the entire upward wave from the bottom on 18.06.2022 to the peak on 13.08.2022.
💲The next important resistance zone is around 1570 where we also have a cluster of two levels. The first level is 0.5 of the wave from the peak on 14.08.2022 to the peak on 22.11.2022. The second level is 0.382 of the whole upward wave from the peak on 18.06.2022 to the peak on 13.08.2022.
💲This is where I expect the price to arrive in the coming weeks.
💲As you can see the MACD is also indicating an uptrend
💲A RSI is holding steadily above the 50 level.
💲The scenario I am playing out is a continuation of the upward trend over the next few weeks. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
ETH USDT Long 👑Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the ETH chart.
At the moment price break the structure.
Then, I think ETH breaks continue to move up to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
BTC at the moment :Since October 26 until now, the price has varied between $20,000 and $29,500, with respect to the areas highlighted in the image. the price will go down to 20000 $ resist it or breaking it to the downside reaching 19350 $ as last resistance, for this to happen the price must break the last support shown in red, it will return to 20000 $; if the price tests the last resistance shown in red, it will break 20950 $ and rise and continue going higher . There is a big divergence on the RSI indicator as the price reaches the support of the price range. We must wait for the price to break previous lows.
DOGE IS ABOUT TO GET REVALUED TO ITS TRUE VALUE! TARGET .0016DOGE had a nice run and if you were one of the lucky ones who got in early and made a boatload of money then kudos to you. If you bought in anywhere over 1 cent then you're about to lose your money. DOGE was and still is just a meme coin, it'll never be anything more. The time is approaching where many of the top 100 cryptos on coinmarket cap will be valued for what they are, there are way too many extremely overvalued shltcoins right now. Doge will slowly bleed out over time, kinda like LUNA is doing now, and the same fate that Shib will have. It will take a while because of how many actually jumped onto this ship when it pumped and how many probably got in at the top hoping and holding to at least break even. I can see how many bought in at the top with the buy volumes and its disgusting. I feel really bad for anyone who actually spent more than 10 cents on this Dog let alone 78 cents at the peak. If you are still in profits then it would be wise to take profits before all is lost. Doge is about to tank, and drop out of this descending triangle and the correction will be fast and steep. The only thing keeping doge still alive is all the hype Youtube videos and charts predicting $40 or even $1 lol. This is just as bad as the LunaClassic crowd, Doge will never make a new high, it cant its already way overvalued. Anyways this is not financial advice this is just my opinion, do your own research. Invest in things that actually have some real world use or are working towards improving something in the world. Meme coins are cute but at the end of the day they are worthless. Good luck out there everyone and Im sorry for the bad news.
Weekly Analyze of the Crypto Investing in October, 2022Date: Oct 24,2022-Oct 28,2022
The crypto market has seen a rebound this week.
The BTC weekly line maintains a slow upward shift in the center of gravity, but it is similar to previous weeks. At present, it has started to fall again after the amplitude reaches 10%, so it is not ruled out that this week will also end with a small entity.
The daily line was in a narrow range at the lower edge of the range and then chose to break up after many days, breaking the trend moving average suppression and the band high, forming an upward trend.
At present, the Fibonacci 61.8% line of this segment is encountered. In terms of form, it can be regarded as a confirmation of stepping back after breaking through the box. After adjustment, if it stabilizes above 20500, it is expected to continue to rise next week.
The support range is 19500–19700, and the resistance range is 21300–21800.
The exchange rate of ETH against the broader market has shown signs of strength, and the weekly surge has been large, which can be focused on. After the daily line broke through, the trend was relatively smooth, and there was a strong consolidation above the range of 1450–1480. The defensive range is 1400–1420, and the pressure range is 1620–1660.
Vtrading is a crypto trading platform providing smart coin trading strategies for every trader. If you are using Vtrading smart crypto trading bots, the Grid and Martin strategy are suggested for spot market, and the SMT strategy with small positions for futures market.
(All for reference only, plz invest rationally)
ETHUSDT longWe are about to see an important movement in the next 2 weeks. Breakout will decide if we make new short term bullish or bearish wave. You can not predict too far in markets nowadays, stick to day trading styles if possible.
Before waiting for breakout of triangle, you can try buying ETH now, but you will have to risk 1:1 to get this trade done or wait 1 more day if it pulls down to ~1280 again, Stop loss at the previous low 1210 and Take profit around 1415. ~ 1:2 RR
This is not a financial advise - just an idea, do not trade what you can not afford to lose. Cryptocurrency markets are highly volatile and risky.
💁♀️ ETHUSDT / 1D 💁♀️Hi
💹Currently, the price is trading in the range of $1516. We may see a correction in the supply area of $1557/$1650.
Important resistance range $1557/$1650❗
It is important to maintain the range of $1240. ‼ ❗
Important support range $1100 / $1000 / $890 ⚠️
what do you think about it? I'M glad to know your idea..😊
ETHUSDTSTOPLOSS IS MUST
HOPE YOU LIKE MY SIGNALS SHARE WITH FRIENDS WITH STOPLOSS
PAIR ETH
Wait for the Breakout or breakdown Without confirmation of market no trade wait for confirmation
Also Make sure place trade when the 2nd candle after breaking zone breaks the body of previous break candle
LETS HIT THE Target
Control your emotion if you are trader
PIVX Inverse Head & Shoulders Measured Move At Least $1.50PIVX formed almost a perfect inverse head and shoulders on the BI Weekly chart. Price action has closed above the neckline. A measured move of at least $1.50 is coming with a possible move up to previous highs to follow. PIVX is being accumulated, and the buy orders have been increasing exponentially on the exchanges. Something is in the works for PIVX and its being accumulated under everyone's nose. PIVX total supply is not very high so get your hands on some before it hits double digits. I think PIVX time to shine is coming. This is not trading or financial advice this is just my opinion. Thank you.
LUNA CLASSIC HEAD & SHOULDERS FORMED AS PREDICTED > SLOW BLEED!LUNC is moving exactly as I predicted in my last chart (ill link it below for you non-believers). The head and shoulders has formed and LUNC is trading below it now. The neckline is broken and the price is hanging on by a thread at this point. A huge drop is coming for the measured move, down to at least .00018 and then a bounce there at the dynamic support level up to about maybe .00024. Then a quick drop back below .00018 and then a slow bleed to major support around .00009 and wicks lower to .00008 is very possible once the panic selling starts and the staked coins start to become un-staked and sold. Anyone who is staking LUNA is screwed in my opinion cause it takes something like 20 days to unstake and by the time they get them the price will be .00009 if they are lucky. LUNA CLASSIC will never burn the coins everyone is hoping it will burn. All this burn talk and Binance burn is to literally keep the suckers hanging on so the big fellas can dump it on their chin. Oh and for USTC to re-pegg it needs to be trusted and used as a stablecoin, that will never happen so drop that idea right out of your heads right now. Shame on LUNA for screwing you all the first time but, Shame on you all for getting screwed twice in a row with this sh!tcoin! Also for all the you-tubers out there pumping this piece of horsesh!t, phuck you too, you're all sh!tbags for screwing over innocent people so you can get your damn clicks, karma is a MF. Get phucked!
THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINION. GIVE ME A BOOST AND FOLLOW IF YOU WOULD LIKE TO SUPPORT MY WORK. THANK YOU AND GOOD LUCK OUT THERE.
THIS IS MY PREVIOUS CHART I MADE SAYING THAT THE PRICE ACTION WAS NOT GOING TO FORM NEW HIGHS WHEN EVERYONE WAS SCREAMING LUNC NEW BULL RUN. I SAID INSTEAD IT WOULD FORM A HEAD AND SHOULDERS AND THEN CONTINUE THE DROP.
ETH USDT LONG SWING | ETHUSDT | LONG @ 1270 - 1285 | TP @ 1290, 1295, 1300, 1305, 1310 | SL @ 1180 | PATTERN = DOUBLE TOP BREAKOUT | COINBASE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:ETHUSDT BITSTAMP:ETHUSD COINBASE:ETHUSD BYBIT:ETHUSDT KUCOIN:ETHUSDT FTX:ETHPERP BINANCE:ETHPERP FTX:ETHUSD
TERROR LUNA CLASSIC In Freefall Down to .00013 Wicks to .000088LUNA classic has been in free-fall since reaching its high. It broken through all major support and the downtrend continues. There is a drive of hidden bullish divergence on the hourly so a bounce today and tomorrow up to .00026-.000275 is possible and likely before being rejected at resistance again and continuing its downward journey. There is no real support after .0002, so once .0002 breaks and we get into the .0001's then the panic selling will occur and we will drop fast down to the next major support around .000144. I don't think .000144 will hold for long before LUNA slams down to really strong support around .00011. A stray wick could push down to as far as .000095-.000089.
This is not trading or financial advice this is just my opinions and speculations based on TA and FA of my own.
MACD ON THE DAILY : STRAIGHT DOWN
RSI ON THE DAILY : STRAIGHT DOWN