Our last Bitcoin analysis caused quite the stir... Understandably those that are holding Bitcoin would want to see it moon BUT we would rather be cautious and mark out any other possible scenarios that may happen and would allow us to buy into Bitcoin more before it moons. Now that we've completed wave B, we can see that we made a new high = can't be a 535 flat...
Hello Traders, here is the full analysis. Watch strong action at the current levels for Buy. GOOD LUCK! Great buy opportunity ETH I believe that the asset will return to growth after fixing above the resistance level. Bullish Retest Reversal: Ethereum's price shows a V-shaped reversal, indicating a bullish retest.
Etherrem looking to complete the 5th wave i am seeing a long upside of Ethusd but now my target will be the nearest resistence to make a new HH. Be careful about the the resistence we will be witness a retest of the the current price again.
Hi Friends 😚 As we mentioned in the Bitcoin analysis on February 2, 1401; After breaking its downward trend line, the price continued its upward movement up to the resistance level of $24,200 (Bearish ob), when the price reached this level, sellers took over the market and caused selling pressure in the market. which finally led the price to the support zone of...
Similarly to Bitcoin, Ethereum is approaching a critical zone where we'll be looking to buy. We require the current wave to move lower than the 3rd wave completion (900) for it to be a valid wave 5. However, in the rare (very rare) cases, it may be a truncated wave 5 where wave 5 doesn't create a lower low. Trade Idea: - Watch for price to move below 900 - Once...
My system tells me to go LONG on ETHUSD Its probably a new long term uptrend begins Lets see what will happen next
Ethereum is in a massive ABC correction. We are now in C wave which is broken down into 5 waves, which follow the impulse schematic of Elliott Waves Principles. We are currently on the 5th wave, which is also broken down into 5 subwaves (red numbered brackets). We are currently on the 3rd SUBwave and expecting a 3rd minor wave lower. Trade idea: - Watch for the...
In our last post we identified that we're in the final 5th wave. This wave has 5 subwaves. We've seen wave 1 and now we're in wave 2, which is a correction. Expecting wave 3 lower. Trade Idea: - Watch for wave 3 to break the red trendline for confirmation - For a risk entry, watch for a rejection of lower timeframe fib levels or lower timeframe trendline break...
Ethereum is in a bigger ABC correction and we are now on wave C, which is made up of 5 waves. We are finally in the 5th wave and this is where the madness begins. Where is the bottom? Do I buy now? Should I short once more? There will be crypto sceptics shorting Eth believing this is the end of Ethereum and on the opposite side, loads of bargain hunters...
In Elliott Wave, the C wave usually has 5 waves which follow the impulse schematic, which is: Wave 1 = 5 waves Wave 2 = 3 waves Wave 3 = 5 waves Wave 4 = 5 waves Wave 5 = 5 waves We can see that we're on the 5th wave now. The 5th wave is also subdivided into 5 subwaves and we are currently seeing subwave 4. Expecting one final move down (subwave 5) to complete...
What is Divergence? Divergence indicates to us that a trend is losing momentum and could be ready for a reversal or a deeper correction soon. When we see divergence, we should be cautious when trading in the direction of the trend and look for countertrend/reversal trades. How to identify Divergence? When price is making lower lows, MACD (or RSI ) will show...
#Ethereum Technical Analysis:- #ETH Rejected form Resistance TL. And Also Forming Inverse H&S Pattern At Bottom. $1850-$1900 Will be good Catch with $2400 Target. TP only Activated after Breakout. Stop Loss $1798
Our last Ethereum setup resulted in running raw gains of over 10%. We now have another chance to get in with shorts back down to the 1700 level. On the lower timeframe Eth is giving us a really nice bearish correction, which we can monitor for a breakdown. Trade Idea: - Watch for correction to breakdown and enter - Stops above the correction - Targets: 2200,...
We've been looking at Ethereum for a couple of weeks and waiting for confirmations for shorts. In our last post we were looking for a compact pennant formation but it appears it could be a expanding flat ABC pattern. On lower timeframe we have a nice trendline we can monitor for a break. 8H timeframe Trade Idea: - Watch for the trendline to break - Enter...
In the first half of 2021, we saw a major impulse from Ethereum. We then started to create a bigger ABC correction, indicating that we are on the right track for another massive impulse. Although we are seeing major weakness at the moment, we should still remember that we have a very strong structure level at the 1700 - which was tested 3 times! We may see a...
ETH/USD makes a sideways movement for long period of time XAY pattern is likely to be formed, with Price Target on Cluster Fibonacci Area Price broke the triangle pattern, forming a Bearish Movement Etherium/USD Signal SELL STOP >>> 3878.00 SL >>> 3969.00 TP >>> 3675.80 R/R ratio 1:2 Win Rate 55% -Fibomic International- BINANCE:ETHUSD
HELLO at ETHUSDT we are currently at confirmation ascending triangle at this point if ETHUSDT push up above 4850$ and price hold at 4850 our next target is 5200$ or 5400$ if price cant hold above 4850 and drop again we can see 3500$ good luck
ETH followed Bitcoin for a slight correction. In the future, I expect to break through the center of the delightful channel and hike to 5000. The total market capitalization of altcoins is slowing, picking up momentum after the breakout. We will see a slow upward movement in the altcoin market cap. Altcoins will give a good rally when BTC stabilizes in a range...