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 just below the local downtrend line. After unfolding the Trend Based Fib Extension grid, we see that the price remains under support, while the next support is at $1,499, and further at $1,466. Looking the other way, the first resistance is at...
US consumer price index (CPI) remains sticky: CPI data released on Thursday did not show a further cooling in inflation in the US economy, further muddying the Fed’s decision making on the future interest rate path. Federal Reserve unable to reach a firm decision on interest rate hikes: Minutes from the Fed’s last meeting show wavering opinions on interest...
Hello, Skyrex community! Yesterday we shared the unbelievable scenario for Bitcoin and I realized that most of you don't read the articles, only look at the price chart. I told you that it's unlikely and the most negative scenario, but most of you wrote the positive comments. Therefore we can make a conclusion that most of crypto traders are waiting for $40k+....
The Diagonal pattern from the previous post has developed differently than we anticipated. However, our forecast of a move to new lows proved accurate. With the bottom now likely taking shape, it's time to switch to the buy side.
A devastating blow may be approaching near. #ethusdt price formed a long way bearish formation , SHS Shoulder head and shoulder. A short term bounce may be ok but mid term is in dangerous situation. Do not take actions with this chart but already be extra cautious by taking stop loss. NOT FINANCIAL ADVICE.
After trading relatively bullish for nearly a month, the bears are back in the game on the BTC chart. The diagonal purple support has failed and the bears have pushed through. Most important thing of the break out has been the retest of the support as resistance, which nearly always confirms the change in direction. I'm waiting for BTC to fall through the local...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on Daily: Left Chart ETH has been overall bearish trading inside the red falling broadening wedge pattern. However, it is currently approaching the lower bound / red trendline. Moreover, the 1500.0 is a strong support, demand and round number. 🏹 So the highlighted red...
CRYPTOCAP:RUNE Technical Analysis #RUNE is attempting to break past key resistance at $1.70 If this level is cleared, we could see a move towards $2 next But rejection here would put $1.60 back to the test Always wait for confirmation before entering any trades! Let me know your thoughts on #RUNE below. But remember to trade responsibly, have a plan, and...
hey traders Look at the chart what u think about ETH ? share ur chart and leave a comment
Hello, good evening. Here is my analysis of the price action of Bitcoin as of today. In the bigger picture, I have identified a head and shoulders pattern on the weekly time frame, along with the support trend line that Bitcoin is currently following. This suggests the possibility of Bitcoin revisiting the $15,000 to $18,000 range. To establish a healthy...
In this analysis I want to shed some light on a long-term (and often overlooked) trading pattern for Bitcoin. The indicator in question is the monthly RSI. As seen on the bottom half of the chart, the monthly RSI is following a very predictable, long-term oscillating pattern. Long-term investors and whales are using this pattern to time their entries and exits...
I have learned that most financial instruments including crypto move in cycles of three. I assume most of you traders would agree with this statement, however where and when do we start the first of the three movements. I have put an example in my chart. In my chart i have predicted the third movement in a three movement pattern. Guessing the first or even second...
Ethereum (ETH) stands at a price of $1,633 as of October 8, 2023, showcasing a minor dip of 0.2% in the last 24 hours amidst a relatively flat cryptocurrency market. The digital asset has been grappling with a significant resistance near $1,620, with a further formidable resistance at $1,665, marking critical levels for a potential bullish reversal. Key Prices:...
As of October 11, 2023, Ethereum (ETH) is trading at $1,557, a decrease from the previous price of $1,578 on October 9, 2023. The crypto market continues to exhibit bearish tendencies, with Ethereum following suit. Amidst this bearish sentiment, several analysts and price predictions reflect a mixed outlook for Ethereum's price trajectory. Analysis: The recent...
By breaking the downward trend line, a buy position can be taken, but wait for the confirmation candle
Good Afternoon Everybody! Time to start preparing for risk on assets to kaboom in 2024-2025 ETH triple halving BTC Halving Crypto ETFs XRP is Free HBAR Hedera Gaurdian And more Dont let the FUD keep you down and not looking for oppurtunity, itll come quicker than expected
In this analysis I want to take a look at a dire market outlook which is not even that far-fetched. We should talk about the possibility of the altcoin marketcap (TOTAL3) falling another 50%, which would mean that the average altcoin will lose around 50% of its value from this point until the bottom. Back in 2018, TOTAl3 fell around 92%, while it has only fallen...