ETH/USDt SHORT price action supply and demand liquidity chart pattern
waiting for a pullback on ethereum, and the a bullish trend to 1520.
I did this chart to show how people react to the market. It shows little interest with a prolonged slow rise then more interest and more interest etc until the FOMO blowoff hits. This increase in angle of uptrend plays out in every timeframe and in almost every chart. I think the crypto market is just getting warmed up. We're about to go parabolic in my opinion....
Planning short trade on ETHUSDT, COT Data shows Hedgefunds are overall short, since we consolidated a lot in the past days - there could be a big move in coming. My final target is very unrealistic, once price hits 1735 i will take 75% profits out and leave 25% of position to run with stop BE, just in case we will see a big move PLS manage risk
USDT . over 6.22% is unprecedent, as this bitcoin is approaching it's correlation with it . USDT is used as index for DXY or USD ticket being this de dominance on Crypto market so, we can correlate it as a inverse price and trend vs BTC. This chart is showing how USDT is coming to high low and high lows as BTC is doing reverse.!
FACTS ON FOREX TRADING * marketplace for exchanging national currencies against one another. * Market participants use forex to hedge against international currency and interest rate risk, to speculate on geopolitical events, and to diversify portfolios, among several other reasons. * Major players in this market tend to be financial institutions like commercial...
As we talked about the theory of #USDT #DOMAINACE and you know how to predict the markets actions by analyzing this symbol simply,heres what I bleve about the next few candles, despite it is on a critical zone at this point and its testing the support zone that it's broken a few candles ago I believe it'll be a torturing bearish candle for the #dominance of #usdt
📉📈:The price has hit the resistance range of 115 to 130. We expect a return to the range of 80 to 66 If the price can break the resistance range, we expect the price to reach the resistance level of 150 to 160 ⏰Time frame:daily ⚠️:(DYOR)
This idea shows Eth's movement against USDT. Trend lines have been respected even in this market dip. I have put a projection up to display where I expect this cycle to end. Disclaimer: This is not financial advice and I am not a financial advisor.
Like many other cryptos, ETH is currently seeing a very strong reversal from the lows of last week. ETH was one of the fastest tokens to sell-off during the last couple of months, so investors are scooping up lots of ETH for cheap. Current target for the reversal is the area between $2850 and $3100. Keep an eye out for the FOMC meeting today. A sudden increase in...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the 4-hour time frame. Previously we said that the inverse head-and-shoulder pattern is being formed. There is the R1 resistance which the price hit, was rejected and now is coming down. You can set a Buy order at the area which we have shown on the chart. If it stabilizes above that line,...
I find to almost identical paterns, that I call two charries. The previous patern was the begginig of the hard bull run.
Over the course of two weeks, ETH has formed a nice symmetrical triangle pattern. These patterns are classically consolidating patterns which break out into a continuation of the trend. In the shorter-term, I'm expecting the price to follow the pattern. A key level to watch is going to be the upper resistance of the triangle. If that one holds, expect more...
Around a week ago I made an analysis on ETH. Here I discussed the potential reversal from the long-term bullish channel. The above analysis was a success. However, with BTC showing some bearish signs over the last week, ETH has broken out bearish from the above mentioned channel. Currently, a clear triangle / pennant pattern is forming on the chart. I'm not...
A little while ago I made an analysis on ETH and the triangle pattern it was trading in. ETH followed the pattern, appeared to break bullish, but then things quickly went south and a huge sell-off followed. For now, I'm not convinced that we're out of the woods. Bearish momentum seems to be strong and a V-shaped recovery is seemingly not happening yet. I'm...
Wyckoff Method...It seems that Ethereum will reach the 6000$ in the next month or in the end of 2021
It’s on the way to my tp. Always stick to 1:2 risk and profit. Keep going! :D