QREDO looking for an ABC corrections!Kind of Rug pull chart QREDO is looking for an ABC corrections then dump more, The community/holders please notice that next ATH will be max of 0.9$ to 1.5$.
Seriously the Team behind QREDO is the only responsible of the pure manipulation.
Good Luck!
Ethreum
ETH, ETF going great so far!If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Elliott wave Impulse, still printing variant.
Hope all those talking heads are right and the BitcoinETF goes a bit better...
Cheers!
LQTY 4hrs bearish retestAs what I said in my last post yesterday that LQTY is currently retesting on daily TF but weekly says pinbar creating…. Currently 4hrs TF says bearish retest is about to happen if that happen means my view on weekly chart will play out… check my last post on LQTY to under better what I’m saying….
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ETH - Rebound Soon? 🌦️Cloudy ☁️ and rainy trading conditions 🌧️ lie ahead for the global crypto market in the next 24 hours, signaling a bearish trend with downside risk for most cryptocurrencies. Ether faces an even stronger downward trend, indicating a likely rebound in the short term. 🌦️
Over a one-week horizon, the bearish trend continues for most cryptos, with Bitcoin being the notable exception. A slightly bullish trend with upside potential is likely for the largest cryptocurrency, according to ATTMO. 🌞
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ETH - 10/10/23ETH - 10/10/23
**Trade setup:**
ETH doesn't look good one big fall from BTC and we could see ETH fall as far as $750, we are holding ATM on the FVG from previous structure at $1577 to $1466, we break this then we could hit $1000!
If we break higher than $1595 we can still move higher but I would wait for confirmation first!
ETHUSDETHUSD
Thoughts
On the ether chart, we observe uncertainty, as well as on all market assets in principle. The chances of going up or down are literally 50/50.
I would refrain from trading ETH for now, because I don’t really like such situations. But for those who trade, I will highlight the main theses on the chart:
The blue lines indicate the nearest targets in case of a breakout of the chart up. These are the levels: $2113 - $2271 - $2457
Support levels are marked with red lines: $1532 - $1717
Global support is at $1379
Of course, it is worth focusing strictly on BTC and its reaction. While we are monitoring the market and in case of any updates we will inform you about everything.
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ETH on the Demand Zone!Since the last chart on 04 Oct, ETH went up to 1662 on 07 Oct
Resistance Zone: 1657-1673
Short-term bearish since and a retest at the Demand Zone on 10th Oct
Demand Zone 1531-1568
Demand Zone since 18 Aug 2023
Demand Zone tested again on 11 Sept and 10 Oct
As long as this Zone holds, we may have another dash for the Bulls to the Resistance Zone
A possible retest at the Demand zone
Future Observation
* A large volume on 10th Oct
* RSI >50 = Bullish bias
* Price close above Ma200
ETH/BTC 2025 CRYPTO BULL SEASON !2025 Crypto Rally ETH/BTC !
🍁> The Crypto bull season in 2024 & 2025 will be stronger than the previous bull season (2020-2021). We will see big rises in terms of major altcoins.
🍁>In my opinion, we had a weak rally in the previous season, we understand this from the chart (ETH / BTC). I guess the next bull will be longer and more aggressive like the 2017 season. #eth #btc
>🍁 The blue zone I have marked at the end of the triangle will break upwards (some period between November 2023 and March 2024).
As we know, the rise of altcoins is highly dependent on Ethereum. Strong Ethereum is necessary for a strong sub-season. Therefore, the ETH / BTC parity is critical.
>🍁 I don't know if there will be a final drop in the blue area before the expected rise, and I'm not interested. I am focusing on the big rise ahead. I repeat; the declines that will be experienced after this point are buying opportunities in major altcoins and Bitcoin.
Lets see...
Ethereum can exit of pennant and continue move up to 1660 levelHello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price entered an upward channel, where it first declined to the support line of the channel, thereby breaking the 1600 support level, which coincides with the buyer zone. But soon it rebounded up and rose to the resistance line of the channel, which coincided with the 1660 resistance level. Then price at once bounced and declined to the buyer zone, where it some time traded and fell lower to support line aging. After this movement, ETH rolled up to the support level, broke it again, and then made an upward impulse to 1735 points, thereby exiting from the upward channel. Also, ETH entered to pennant, in which it started to decline and in a short time fell to the support line. But a not long time ago it tried to rise, failed and now it continues to trade near the support line. And possibly Ethereum can rebound from this line and start to rise to the resistance level, thereby exiting from the downward pennant. For this case, I set up my target at the 1660 level. Please share this idea with your friends and click Boost 🚀
Ethereum Moving Towards the Rise!Hi!!
After a long time, I came to give you an analysis of Ethereum
As you can see, Ethereum is forming a double bottom pattern in its corrective movement in its support range (1640-1600). At the limit of 1606, with the return of the trend and the formation of the double bottom pattern in the first target, it will reach the range of 1660, and after breaking the neckline and completing the pattern, it can move to the second target, that is, up to the range of 1750.
Ethereum Might Shock Us All
Ethereum, similar to Bitcoin, also remains in a tentative uptrend. We've successfully made Higher Highs and Higher Lows throughout 2023, however Ethereum has underperformed Bitcoin this year and ETH's chart looks less convicing than Bitcoin's.
Critical support must hold for Ethereum at $1,450. If this levels breaks, we will revisit our Demand Zone between $1,075 - $1,235.
Conversely, we are looking for a successful breakout of $1,780 - confluent with our 20-Period Weekly Moving Average.
Ethereum on the Daily indicates that price has driven back down into our Daily Demand Zone. We've ranged between mid $1500s and mid $1700s for several weeks now.
The trade setup on this timeframe is longing from our Demand Zone back up to Resistance, however I'm not pulling the trigger until potentially daily close. I want to see the Demand really come in. Visually that means I want to see a nice bullish candle with little wick at Daily Close, not going to enter on a Doji Candle.
With all that being said, this is certainly forming up to be a Short Setup on the hourly for Ethereum.
The 50-Peroid Moving Average has acted as firm resistance for all of this downtrend, and price has reached that level again. There's lots of pin bars wicking up into this resistance zone.
Patience is necessary, as a potential Change of Character is always possible. Wait to see if ETH breaks out, then we can trade to the long side. However, if we get any sort of rejection away from this level it's a safe short to a lower low.
ETH at weekly 0.618 FIB Retracement-ETH reached a new high at 1751 in recent weeks, creating a resistant zone 1725-1751. It then drops about $126 to a support zone @1625-1641
-This support zone is also a weekly 0.618 Fib Retracement zone.
-STO oversold
-Current Price above ma 200
-Next support @1580-1594
Watch the Price above 1H Bear Trend Line for another test at the resistant zone.
What do you think?
ETH ☁️ 24 Hours, Bearish Outlook, ☀️ Back in One Week? Clouds ☁️ lie ahead for the global crypto market, including Ethereum and Bitcoin, in the next 24 hours, signaling bearish trading conditions and downside risk.
Over a one-week horizon, ☀️ sunnier trading conditions with a few 🌤️ clouds lie ahead for the global crypto market, including Bitcoin and Ether. This indicates that a slightly bullish market with upside potential is likely.
Some altcoins, including XRP, Binance Coin, Dogecoin and Chainlink continue to face slightly 🌦️ bearish trading conditions.
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Ethereum Break Out Live?Ethereum is also in a range, similar to Bitcoin, but a harder to identify and define range.
Nevertheless, we can see that ETH has driven down into a Demand Zone, and after filling Bids price is now attempting to break above local resistance, with what appears to be success.
Waddah Attar Explosion and Mynx technical indicators confirm the breakout attempt, so I am long targeting the Bearish Order Block above us that formed in that tight consolidation range below our Supply Zone.
ETH continuously Bull trend?Current Resistance: 1629-1641
Current Support: 1580-1594
RSI: Bullish
Current Trend: Bullish with higher High and higher Lows, BOS
Since the BOS, ETH reaches a new high @1634.10 before retracing back into the current support zone @1580-1594. ETH continues to have Higher Lows and appears to be heading back into the current resistance zone.
Will ETH break up to another new high or would it bounce down?
What do you think?
BTC Implied Volatility Surpasses ETH, Urging Traders to ExerciseIntroduction:
In recent times, the cryptocurrency market has witnessed a significant surge in volatility, causing traders to reassess their strategies and approach. Notably, Bitcoin (BTC) has experienced an unprecedented level of implied volatility, surpassing that of Ethereum (ETH) over the last 10 days. As a trader, it is crucial to recognize this heightened uncertainty and take a conservative stance to protect your investments. This article aims to shed light on the current market conditions and provide a call-to-action for traders to exercise caution until a more predictable trend takes shape.
Understanding Implied Volatility:
Implied volatility refers to the market's expectations of future price fluctuations. It is an essential metric that traders utilize to assess the potential risks and rewards associated with a particular asset. When implied volatility is high, it indicates increased uncertainty and potential price swings, making trading decisions more challenging.
BTC Implied Volatility Surpasses ETH:
Over the past 10 days, Bitcoin has experienced a surge in implied volatility, surpassing that of Ethereum. This development suggests that the market perceives Bitcoin to be more unpredictable and prone to sudden price movements compared to its counterpart. While Bitcoin's volatility has always been a characteristic of the cryptocurrency, the current levels are noteworthy and demand careful consideration.
The Importance of a Predictable Trend:
In times of heightened volatility, it becomes increasingly difficult to make accurate predictions and execute profitable trades. As a conservative trader, it is crucial to prioritize risk management and protect your capital. By pausing BTC trading until a more predictable trend emerges, you can avoid unnecessary exposure to potential losses and navigate the market more effectively.
Call-to-Action: Exercise Caution and Wait for a Predictable Trend:
Considering the current market conditions, it is prudent for traders to exercise caution and refrain from trading Bitcoin until a more predictable trend takes shape. By adopting a conservative approach, you can minimize the risks associated with heightened volatility and protect your investments. Instead, focus on monitoring the market, analyzing price patterns, and identifying key indicators that may indicate a more stable trend.
In the meantime, consider diversifying your portfolio by exploring other cryptocurrencies or traditional assets that may offer more stability. This approach allows you to mitigate potential losses and maintain a balanced investment strategy.
Conclusion:
As BTC implied volatility tops ETH for a record over the last 10 days, it is essential for traders to acknowledge the increased uncertainty in the market. By adopting a conservative tone and urging caution, this article emphasizes the significance of waiting for a predictable trend before resuming BTC trading. Remember, protecting your capital and prioritizing risk management are key to long-term success in the ever-evolving cryptocurrency market.