The recent surge in the cryptocurrency market has resulted in a record high for Crypto, leaving a liquidity gap in its wake. Current price behavior indicates a strong possibility of a significant correction in the near future. Therefore, we have identified two potential entry points for a short position on ETHUSDT. Please monitor the price closely and consider...
After liquidity taken of the sellside and break of structure we will see a increase of the price towards liqudity buyside we considere FVG an entry point - Trading is probality control you risk management Good Luck !
2h time frame - ETH just broke below the correction structure. If ETH get support from 1780~1818 There will be a long opportunity. Entry: 1780~1818 TP: 2180 SL: 1770
4h time frame - ETH is creating a symmetrical structure. PRZ 1970~2015 Good to open short at that zone. Target: 1800 SL: 2065
ETHUSDT is trading currently above weekly support and likely to move higher towards first daily resistance and then to weekly resistance 1 zone. I believe the daily resistance should not create much trouble for the price this time. A bit of push back might be there but I do not expect something significant there this time. But lets watch. All the support and...
It seems that the price wants to retrace here a bit. A short seems to be favorable here with a very limited stop loss range.
The price has retraced to 1h support area.This support shall produce some bounce making a long favorable. Let us take this long from the bottom of this support towards 1906.
Ethusdt is looking strong bullish trading at 1860 it will continues to reach the resistance according to Elliot wave principles it going to continue until 3rd wave get complete.
ETHUSDT is breaking out from the daily resistance. Currently it is trading above the resistance. This is a good sign. It seems likely that the daily candle close will be above this resistance. However, let us monitor that. The next target for the bullish move would be 1950 area.
Price may hit 4h support 1 before bouncing and clearing the recent high of 1742.
The price currently struggling to break through the 4h resistance 1 zone. It seems likely that the price will come down to the 4h support 1 level and gain the required momentum to break through the 4h resistance 1 zone. If it breaks through that, it will face the next resistance at 4h resistance 2 zone. Lets watch this price action to develop and we will assess...
The price closed above the 4h support and now trading above that support. The price likely now moves to the above 4h resistance zone.
The price has hit 4h support region. There is likely a bounce here to the 4h resistance region 1660-1670 marked in the chart.
ETHUSDT closed above weekly resistance turned support (1570-1590) last week. This is bullish for the price action. The next resistance is around 1950 but this wont be able to hold back the price if there is some momentum in the price as this level will not act as a strong resistance this time. A major resistance at weekly level is at 2500. This will act as a...
This is the worst case scenario for ETH - this turns into a giant macro head and shoulders and completely collapses. Bitcoin has one also. The neckline would be the macro 0.618 from the very bottom to the ATH. Once the SPX starts to collapse (as per the 2008 crash fractal which fits perfectly over the current price action) crypto will go the rest of the way with...
BTC is again unable to sustain the $20k price level, and it meltdown by 5%. Here BTC needs a candle close above the trend line support to regain its upper price levels. Thank you.
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Ethereum has been on a wide range downtrend and has also been susceptible to the indicated dynamic resistances. The provided chart shows the s/r levels and the plausible price direction in the event of a breakout or retracement. Considering the fact that btc is showing bull signs & Ethereum is staying afloat the second long wick area compared to the break below...