ETHEREUM daily TA : BUY or SELL ? READ THE CAPTION In this chart, I analyzed the possible trends of Ethereum , as you can see, the price after breaking $1666 has reached the important supply zone in the price range of $1748 to $1922 and has shown the first reaction to this level ! The important price's zone that it may react to are $1606 and $1386 respectively! One of the largest liquidity pools is above the range of $2170! Indeed, from 36 days ago until now, the price has increased by more than 60% ✅ ! Compare with the previous analysis!
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👤 Arman Shaban : @ArmanShabanTrading
📅 07.28.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Ethereum-bitcoin
$BTC Daily range 21-23kSliding along the longer term support levels, if we quickly move toward 23k, but fail to overcome resistance, expect a quick a brutal pull back toward the downside. Watch for fake outs! News this week might cause some extra volatility.
This week:
July 26: FOMC Meeting, Microsoft & Google Earnings
July 27: Meta Earnings
July 28: US Q2 GDP Release, Apple Earnings
A Beautiful 3X Long Setup On anchor Protocol Beautifully MarkedAnchor Protocol Is Beautifully Holding the Support Aiming for a Push Upside
Ethereum / Bitcoin - RSI at important levelEthereum / Bitcoin - RSI at important level
Look what happened in the past when the weekly RSI went from oversold through the yellow zone (47 - 53)
No guarantee for a zone-break yet but it could lead to a triangle breakout as well
What do you think about that long-term chart dear Crypto Nation
*not financial advice
do your own research before investing
ETHEREUM | Bulls Are Taking Control Of PriceETHEREUM | Bulls Are Taking Control Of Price
After the price was correcting for more than a month now
we can see a clear breakout of the pattern.
This was the expected reversal area that I was looking at for a long period of time
and as we can see the price is confirming that ETH increased almost +60% from the bottom.
In the actual conditions, the price just broke out from the Flag pattern.
I am expecting any potential correction before the price will increase more during the coming weeks.
Thank you and Good Luck!
Bitcoin & Ethereum Will Follow | Ethereum Classic LeadsWe are aware that the cryptocurrency market is all correlated and all the cryptos tend to move together, specially the Tether (USDT) pairs.
Whenever Bitcoin goes bullish the altcoins USDT pairs also go bullish.
If Bitcoin crashes so does the altcoins.
This chart is for Ethereum Classic vs Tether (ETCUSDT), just notice todays candle.
It has really high volume, full green, trading above EMA50 and going straight up.
The ETCUSDT chart is also identical to Bitcoin and Ethereum in that the initial low was set 12-May followed by a lower low on 18-June.
A little tip on how to spot a bottom.
When a correction/bear market is taken place, prices dropping, volume tends to stay flat until a panic force comes in and volume grows strong on the first drop (12-May).
On the second drop which is a lower low (18-June) the volume becomes lower than the first one, this signals that the bottom is in (bear momentum loses strength).
Back to ETCUSDT, it is moving strong now while Bitcoin and Ethereum consolidate.
My theory is that Ethereum Classic won't move alone...
It only grows if the king grows.
In that case, Bitcoin and Ethereum are very likely to follow...
That's just my view of course.
But I will be here tracking the charts to see how it goes.
Namaste.
Catching Knives - Potential for Some Small Relief For AltcoinsThe title is pretty self-explanatory. Sure, prices can keep collapsing into the abyss. I have little enough exposure where this wouldn't hurt me a huge amount. It's important for me to be very conservative. There is nothing that says we need to recover here.
Many alts are back to their accumulation ranges from the previous bear market, so it seams reasonable to expect at least SOME buying action. For instance, Polkadot has now retraced nearly its entire bull market rally. In January when price was still above $25, I wrote about how there was serious risk for it to break the long term uptrend, and head back towards the $7-11 range. Here is the original post from January:
Even prior to that, in November 2021 I wrote about how I thought DOT may have reached its long term top against Bitcoin. This has proven to be correct as well. In fact, looking at this chart tells me that it still has potential to fall. Perhaps it won't get a longer relief rally until those lower levels are reached.
Regardless, I picked up some DOT here near $7.20. I also rebought ALGO at $0.29 after stopping myself out of a spot trade from $0.39 not too long ago. These are not necessarily meant to be a long term positions. I may even sell them tomorrow if things seem even less likely to turn around here. My strategy is different than it was during the 2018 bear market. Back then, my strategy was to accumulate as much as I could afford, within reason. Now my strategy is to simply see if I can time the occasional bounce. If I do see signs that the market could rally again in the future like it did in 2017 and 2021 I will change my tune a little. Even so, I see little use for cryptocurrencies in our world. I acknowledge that this may change as well, although honestly I'd prefer to see adoption over price appreciation.
If the market bounces, it can last for anywhere from a week or two to several months. No one knows. My speculation is that a bounce would yet again involve altcoins outperforming Bitcoin, while larger whales unload their BTC in the $30-40k range. But then, this would imply that Michael Saylor would be able to exist at break even, or in profit. Will the market give that to him? More bullish behavior would be Bitcoin pumping right back to $42k while alts begin to really lag, as we began to see in 2019 once the bottom was in. Something like this would begin to invalidate my longer term bearish view.
On the bearish side here, if DOT can't hold above $7 for long, it can head down to the next support level, between $4-5. Similarly with ALGO, if it can't hold above $0.26-27, it can head down to $0.16. Dumps like this continuously happened in 2017, but at least back then there was the occasional mega relief rally for altcoins. This time, we may not get those opportunities, so I'm being especially careful.
This is not meant as financial advice! This is meant for speculation and entertainment only.
-Victor Cobra
ETH Holding Support!So far ETH has been respecting our S/R lines to a tee on the 8h chart and continues to trade in a channel. Currently I'm in a long on ETH from the 1040 area due to a few reasons:
1. ETH has major support near the 1040 area since June 14th
2. The Stoch RSI was extremely oversold and is now starting to curve to the upside
3. There's not much resistance until 1165, 1250, and 1430
Based off of our current price action, I'm expecting ETH to continue higher until we get to our micro resistance of 1165 then consolidate for a few days because attempting the push past the major resistance of 1230-1270 (red shaded area). Once we get past those levels, then it's clear skies to 1430 (our next major resistance). If we break down from 1040, our bearish targets are 950 and 880 (orange lines). I'm expecting those to hold and would be perfect levels to DCA if we have another capitulation event.
If you enjoyed my TA or had any questions about the indicators used, please leave a comment or send me a DM :)
CHILIZ : ❤️ My Favorite ❤️One of the most amazing cryptocurrencies with so much potential in the crypto market and more interesting is that these days it has nothing to do with the trend of Bitcoin, but soon we can expect the entire market to crash and look for appealing zones to enter for investment !
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.12.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
CHILIZ 4H TA Result : +25% ✅As you can see, exactly according to the latest price analysis, it grew to the point we specified and started correcting from there! That means more than 25% ✅ ! It is not everyone's job to draw the price path in the analysis 😉! Just compare these 2 charts! I still see Chiliz as one of the most promising Cryptocurrencies in the market!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.05.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
ETHEREUM 4h TA : 07.05.22 (Update)As you can see, Ethereum rose to above $1200 exactly according to the latest analysis and then returned to its Bullish Brder Block (RTO), After reacting to that demand zone, the price has reached the $1140 level with more than 15% growth. If it consolidates above $1120, we can see the price rise to $1234 as the first target and then $1420! Otherwise, we have to wait again for the price below the $1000 level!
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 07.05.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Ether recovery helps crypto revisit US$1 trillion market cap Ether and Bitcoin reached their highest levels in 10 days on Sunday (June 26) as the market showed some signs of stabilisation. The No. 2 cryptocurrency advanced as much as 5.8 per cent to US$1,279.06 on Sunday (June 26) before pulling back on Monday.
The rally comes after the token dropped as low as US$880.70 on June 18. It appears to have found support around its 200-week moving average, which currently sits near US$1,200.
No. 1 Bitcoin topped out on Sunday at US$21,860, after having fallen as low as US$17,742.83 on June 19. It hovered around US$21,000 on Monday, bringing overall crypto market capitalisation just below US$1 trillion, accordin to CoinMarketCap. Bitcoin represents more than 40 per cent of the crypto market's value.
Ethereum Bitcoin Holds Major SupportI am remiss that this summer I have been enjoying life more than sitting in front of the screen diligently analyzing price action. While catching myself up on the long term trend changes from the recent moves I came across the BITFINEX:ETHBTC cryptocurrency cross pair. This pair has been my favorite to watch and trade for years.
On the Weekly, price has reached and begun to respect the confluence of the Ichimoku cloud which aligns with the 50% Retracement of the 2019-2021 bull trend as Ethereum captured more relative market share to Bitcoin. The recent recovery in cryptocurrency is tending to favor the more volatile assets and this too is reflected in the bullish rise of ETHBTC.
On the Daily chart 6/22/22 price did a textbook "50 in 50" hold of the short term rally to confirm the Weekly support.
Ethereum Whales Purchased Over 150 Billion SHIB in 24 HoursOver the last day, ETH whales purchased over 150 billion SHIB.
Another positive for SHIB is that nearly 62 billion SHIB tokens were burned over the last day and moved to a dead address. This means that these tokens have been removed from the circulating supply which could lead to an appreciation in the value of SHIB.
According to Shibburn, the burning of these SHIB tokens took place over eight transactions.
Shiba Inu (SHIB) has been recovering well over the last few days and is up around 41.39% over the last week. Unfortunately for the meme coin, it can’t seem to gain any real traction as it is still trading below its all-time high of $0.00008616.
One thing that has been going in SHIB’s direction is that the top Ethereum whales have been accumulating SHIB. According to the whale tracker website, WhaleStats, SHIB has become one of the top three most acquired tokens among the top 100 Ethereum whales.
ETHUSDT 4H TA: Support and Resistance UpdateCurrently, the downtrend line has broken upwards and reached the resistance range. In the event of failure, we expect the growth range to the specified range, and if we are corrected, we will have the probability of falling to the trend line and then the support range specified in the chart.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark