Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- If an altcoin bull market, or bull market, begins, it is very likely that you will eventually make a profit no matter how you buy. However, if you ride an altcoin that is rising right now, it may take...
Hello everyone, I invite you to review the ETH pair to USDT chart, taking into account the four-hour interval. We will start by identifying with the blue lines the local downtrend channel where the price is approaching the upper limit again. However, when we turn on the moving averages Ema Cross 10 and 30, we can see the confirmation of the return to the local...
Monday Market Update: Bitcoin continues in its high range as ETH starts to regain some important levels after doing a deep drive down and retest. TradFi indices are still holding levels as the DXY retests its yearly open, completing a 3 drive to the downside. The expectation is that markets will continue unless local structure is broken on the TradFi Indices in...
Ethereum ETH triple bottom head and shoulders bottom bull market surge trend. Ethereum has two forms at the same time. It is a triple bottom and a head and shoulders bottom. It is an epic bull market surge trend. The main target is the green line above. As long as it breaks through 2100, it will reach 4000, soaring to the ultimate target of 6000/8000.
ETH has been consolidating for nearly 10 days now, after a huge move from the 1500's to 2100$. With the market rallying over the last couple of days, I see a decent probability for ETH to break out of this bull-flag and continue the rise up. Bull-flags are bullish continuation patterns, to bullish price action is the most likely result from this pattern. Target...
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Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price came out at the top of the indicated triangle. When we unfold the Trend Based Fib Extension grid, we can determine the support level at $1948, and then we have a support zone from $1928 to $1913. Looking the other way, we see that the price is...
Ethereum has formed a wedge on the daily. A break below the wedge has two possibilities: 1.) 1x measured move down that tests a daily support level that begins around 670 usd 2.) A double bottom at the halfway point near 1k that either succeeds and moves to bull options below, or fails and moves down to support at option 1. A break above the wedge similarly...
CRYPTOCAP:ETH is at an important juncture visible through this dominance chart. You can see its dominance has broken through to the downside at a weak spot in the ichimoku cloud. It is also currently below the 77 Vwma with a mere 18 hours to go until this candle closes. The significance of this is that there hasn't been a close below it since July of 2020, right...
First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Very Bullish Gold &...
Based on the given market data, we can see that the ETH (Ethereum) is currently trading at 0.05368 against BTC (Bitcoin). From a technical analysis perspective, the 4-hour Relative Strength Index (RSI) stands at 38.41, indicating that the asset is approaching the oversold territory. The Moving Average Convergence Divergence (MACD) on the 4-hour chart is at...
It's been a while since Ethereum has been bullish and given new life to altcoins and we are witnessing alt party. But we must pay attention to some things. Considering the descending CH and lack of main order flow base and liquidity pools that we have on the chart, we expect to see a big drop on the chart if Ethereum reaches the marked red box. For risk...
Another month has passed and a lot of things have happened. Time for another Crypto Fiesta! 🎉 Short-term view Bitcoin is still looking like it wants to go up, but we have to acknowledge the inability of BTC to break through the 38.000$ resistance area. Most likely is that the daily/weekly RSI wants to cool down a little bit before the next leg up. On the other...
Hello everyone, I invite you to a detailed review of the ETH pair to USDT chart, also on a four-hour interval. First, we will use the blue lines to mark the upward trend channel in which the price has dynamically moved upwards, moving along the local upward trend line, from which it has currently broken downwards. And here we will again define the current...
Almost a month ago (see chart below) we gave the most optimal buy entry on Ethereum (ETHUSD), while it was at the bottom of its Channel Down, even below the 1D MA50 (blue trend-line), targeting the 1D MA200 (orange trend-line): The target got hit and the rally has been so strong that it even broke above the medium-term Channel Down and resumed the long-term...
Notice when ETH/ AMC correlation corrects, AMC runs. Currently, RSI, Macd, and price is double topping on Eth/AMC. Again, this is ETH compared to AMC price. not prices overlapping two charts. A run for AMC is due on the charts, but only until we break patter/ trend line will a massive squeeze start.
Until October 23 , the picture was bearish, which motivated people to open short positions. At the moment, I expect growth to 2200-2400-2600 (which will be a bull trap in the classical sense). So far, the majority does not believe in such growth. Plus, they are catching up with positive news (when the price comes out, I expect even more good news). As a buyer,...