Text book says "wait for the zones". This appears to be the beginning of a larger parabolic step formation. We can therefore expect four defined levels up which would put us into the 100s. "Traders view the parabolic formation as one of the strongest uptrend patterns that precede reversal."
Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- ethereum (ETH) was mostly higher, leading prices back above the 1,800 level. ETH/USD peaked at 1,865.10 earlier in today’s session, following a low at 1,781.49 on Wednesday. ethereum rose to its highest level since August when the price hovered below 1,880. The cryptocurrency...
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ETH maintains a predominantly bullish outlook, yet the possibility of a consolidation within the 1'730-1'750 range still looms. Should this be skipped, anticipate a potential ascent into the 1'840-1'865 bracket. A breakout beyond this level could pave the way to reach 1'925.
Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT chart) As the price of BTC rises, ETH is also showing a rise. Since ETH is the coin that occupies the second largest share in the coin market after BTC, the rise of both coins may mean...
Hello everyone, let's take a look at the ETH to USDT chart on a 4-hour time frame. As you can see, the price is moving above the local uptrend line. When we unfold the trend based fib extension grid, we will see that the price has returned to the support zone from $1,774 to $1,745, but if the support does not maintain the price, we still have a second zone from...
In reference to CRYPTOCAP:BTC Majority vs Row Partners, were: Bullish mid April We were sellers Bearish mid June We went TRADE long Bullish July We were cautious and turned bearish August Extreme bear early September We were cautiously bullish, turned bullish in October, ADDED LONGS Hodl #BTC for the moment as it still looks good, but we may shave some off...
In this analysis I want to take a look at a very simple, but important chart. We're going to compare previous bull- and bear markets and look at the years after the bear market. The result is simple, Bitcoin has always recovered and always pumped again after every bear market. In many previous analyses I've noted that 15.500 was the bear market low, so this...
DOGE has generally been trading bearish ever since the May 2021 top of about 0.70$. As seen on the chart, the price has been bouncing off a stron diagonal resistance and horizontal support area, making a (bearish) triangle pattern. With Bitcoin's help, DOGE managed to break out through the top resistance with force. I'm considering this the most bullish price...
See this big triangle? ETH seems determined to reach $2,100. This coincides with the key resistance on this formation. Bias is bullish and I expect the price to move higher still. Enjoy it! Like and follow for more ideas!
Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) retreated below the 1,800 level on Wednesday, snapping a six-day winning streak. Following a high of 1,852.68 during yesterday’s session, ETH/USD fell to a low of 1,758.69 earlier in the day. ETH has since rebounded, marginally, and is now trading at $1,784.57,...
Hello Traders, Ethereum looks bearish here and is following a very similar retrace cycle to last time. Watch this space as I update this idea.
Hello everyone, I invite you to review the ETH pair to USDT chart, also on a one-day time frame. First, we can use the blue lines to mark the upward trend channel in which the price is currently moving. However, locally it is visible that the price has moved above the downward trend line. Now let's move on to marking the support places. We will use the Fib...
In my last PEPE analysis I was looking at this falling wedge pattern and patiently waiting for the break out. Now that BTC has broken bullish, PEPE has followed suit. With PEPE breaking through the 85 resistance (omitting the zero's for clarity), it seems that the breaks are off this token. Apart from the meme potential, this token has been shorted very badly...
Today I want to consider the position of perl, which, along with uft ooki pros cvp, has so far the highest goals for growth in the mid-range up to 3-5X and has repeatedly pleased with profits last year. The project is only developing and will still show itself. Today, perl was listed on CoinDCX, which will provide an increase in the volatility of the coin. Under...
Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) reached 1,800 for the first time in several months, after being the beneficiary of general sentiment around crypto. ETH/USD rallied to an intraday high of 1,845.99 earlier today, a day after trading at a bottom of 1,664.58. ethereum reached its highest point since...
In my most recent BTC analysis I talked about the fact that BTC managed to break out through the main bear market resistance, which made me switch bullish with a target of 40.000, which has played out well! For the time being, BTC has a bit of trouble getting through the top resistance of the rising wedge pattern. Personally, I'm anticipating a break out soon,...
H4 - Strong bullish momentum. Higher highs. Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.