Etherum
ETH to dip along with BTC in coming daysDue to BTC fall even Altcoins are facing hard time moving up.
Going by the chart, looks like we heading for another fall soon (hopefully last major DIP)
On the chart, ETH have already touched point A & B and it heading for point C which is falling between 1600-1700 zone.
This would be a perfect buying opportunity for the long term traders.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
BTC might CORRECT again!Looking at the structure, there seems to be developing a similar pattern, it was cleaner the second time and it could happen in a similar manner. But this is good guys I am excited if it happens, as we can buy more at the bottom, and make trade to the downside as well. What are your thoughts on if we just keep pumping here or we see another weakness in the next few days?
[60%] ETH / USDTIn December 2020, Ethereum began its transition from Proof-Of-Work consensus to Proof-of-Stake consensus. One of the recognized advantages of this validation is that it uses less energy; this should thus allow the world's second largest cryptocurrency to drastically reduce its carbon footprint and thus prevent it from being singled out for this aspect.
Strong support= good buying opportunities Major price rejection around 0.45-0.5 area. Chart consolidating on 30 minute time frame, signs of trend reversal. This week could be a green week for verge.
Bitcoin Important levels to watch 💥 Hello trading army I hope everyone is doing good and taking care of themselves 😇
Today let's talk about the Giant itself Bitcoin the great
Bitcoin is currently trading in Uptrend on 4hr timeframe, price action wise trend is looking good but only concern I have is volumes are missing 🧐
volumes play very important role in trend and they should not be ignored.
okay now lets talk about the levels , major support for bitcoin is currently at 55753 to 55400 zone. if bitcoin's break this we can expect change in trend and another leg down till 52800-52400
If you want to participate in current trend look for entry above 59000 , or you can add on pullbacks on trendline
Thats all from my side thank you 😇
Ethereum ready to blast off!!Etheruem has been leading the market lately with an increasing dominance currently at 15.4%, versus bitcoin we have fully broken long term historical downtrend resistance and aswell as the 0.2 FIB level! We defiantly have lots of room to run and i think we are going to start to see it fully very soon! With BTC dominance continuing to fall Altseason with getting more explosive with ETH leading the market! I think we will see a peak altseason when BTC dominance reaches 35%, somewhat conservative though because in 2018 we topped out slightly lower than 35% BTC dominance. Very bullish on Ethereum especially with EIP 1559 coming sometime this summer!! Not financial advice just my opinion
ETHUSD BAT Harmonic ? rsi macd lookin sexylooks like a XABCD probably a BAT pattern is forming still too early to say but indicators r going for it here if they fail tho and break higher high pattern on MACD lines not histogram but that is never great either rsi trying to get into bullish zone, worth a trade here scale in tho just incase we go back to 2150 area u dont want to sell or stop out give it room btc and eth swing like crazy but close daily under under 1900 im out