Let us put it this way. Why do we use charts? To find out areas of interest so we can trade. What are those areas for BTC? SIDEWAYS: We are looking at a continuation of the range 25,000 to 31000 which has formed since march. UPSIDE: Regaining and holding above 30,400, we shall look for first target of 35,000 and second target of 41,000. DOWNSIDE: If we...
BTC is now retesting the bullish breakout and if succeed, btc dominance will continue moving upwards. If same time , btc pumps, this is a good sign for bulls. If same time, btc price plunges, this will be doom for bulls. And both cases, altcoins' prices will suffer if BTC dominance goes up. Due to increasing volatility, be careful hold on guard and use stops. NOT...
ETH is being supported on the level found at 1580-1600 where we also found that the price is respecting the lower boundary of the channel formed looking for a buy back ahead towards the upper level to complete the impulse projected.
This analysis is based on the idea that STG could be trading inside a bullish parallel channel. I copied the top resistance and placed it at the bottom. This trade requires a lot of patience, but can have a massive pay-off with some luck. Looking for a move all the way up towards the top of the channel.
Hello everyone, I invite you to review the ETH to USDT chart on a one-day time frame. As we can see, the price has crossed the bottom of the upward trend lines, but currently we are staying at the lower border of the downward trend channel marked with blue lines. As we can see, the price behaves similarly to the BTC price and remains just below the blue EMA Cross...
Just noticing some things as research is done. CRYPTOCAP:BTC showing signs of POTENTIAL bottoming. However, it is NOT strong by any means. But, some is better than none. CRYPTOCAP:ETH is also in a similar pattern but it is underperforming. CRYPTOCAP:TOTAL 3 = NO #BTC or #ETH looks interesting, indeed! It may take some time but it is setting up for HUGE...
hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) rose for the fourth consecutive session as the cryptocurrency remained above the 1,620 support level. ETH/USD reached a peak of 1,640.52 on Friday, just 24 hours after the price hit a low of 1,618.73. The above highs took the world's second-largest cryptocurrency to its...
Hello, dear friends! We have two the most interesting crypto assets: Bitcoin and Ethereum. If I have confidence that BTC will finally dump, BINANCE:ETHUSDT is showing us another picture. First of all let's take a look at the mid term picture. Awesome Oscillator helps us as usually define the 5 Elliott waves cycle. Massive bullish divergence has finished...
I do not see that reflecting on the market, where this 15 billion dollars are? because alt coins are not moving That is a honest question and if you know point it out to me...
Last month I made an analysis on OP where I discussed a great entry that I was watching alongside the bottom support of the bullish channel. As of this week, we made an entry and we're currently in the process of reversing from the bottom support. With BTC showing signs of short-term strength, this bounce could very well play out as we expect. A R/R of 23...
Today's focus: ETHUSD Pattern – Divergence, demand bounce. Support – 1538 Resistance – 1647 Thanks for checking out today’s update. Today, we have run over ETHUSD, breaking down the overall price picture, levels, and patterns and incorporating moving average and RSI into the analysis. ETHUSD continues to build after sellers look to have formed a washout bar...
hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Additionally, ethereum (ETH) was also in the green on Thursday, as price rose above a recent support point. ETH/USD reached a high of 1,635.82 earlier in today’s session, less than 24 hours after trading at a low of 1,593.11. The move resulted in the world’s second-largest cryptocurrency...
Recently I made an analysis on BTC's bearish triangle and the short-entry I was hoping for. The original resistance that I drew (yellow) has not been hit yet, but instead the purple line has proven to be a strong resistance. Support/resistance lines, especially diagonal ones, can be fluid, so I drew the triangle again. I'm waiting for the price to reach below...
After bouncing off the bottom support, Bitcoin seems to have regained short-term bullish momentum. In this analysis I want to discuss the potential H&S pattern that BTC is forming in the near term. My longer-term view is still bearish, but that doesn't mean we can't get a bounce here and there. In my eyes, there is a potential for BTC to move further up. The odds...
ETH Trading Plan In a video u will find 2 key liquidity zones big chance to move into one of it
hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) moved away from Tuesday’s six-month low, climbing back above 1,600 in the process. ETH/USD peaked at 1,616.54 in today’s session, following a bottom at 1,582.22 less than 24 hours before. As a result of the rebound in price, the RSI has now moved out of oversold territory...
Given the recent developments in the crypto space, there are several factors that point towards a bearish outlook: FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could...
Ethereum - 24h expiry - We look to Sell a break of 1578 (stop at 1610) The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. There is no clear indication that the downward move is coming to an end. A break of the recent low at 1579 should result in a further move lower. Daily signals are bearish. Our...