ETH/USDT is currently testing key resistance levels within the descending channel. A breakout above $3,050 could lead to a retest of higher resistance areas around $3,850. The 100MA near $2,150 has provided strong support, and the price needs to be above this level to maintain the bullish momentum. Traders should keep an eye on volume confirmation and price action...
Current Position (August 18, 2024, 12:00): The market is at a resistance level around 2,665.00. This area could signal either a pullback or a breakout, depending on market sentiment and external factors. Next Key Times: August 20, 2024, 06:00: This time point may represent a moment of potential reversal or continuation of the current trend. August 23, 2024,...
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Overview: The cryptocurrency market is currently in a cautious phase. Weekends typically see minimal price swings, though Sunday evenings can bring volatility. Declining open interest suggests a lack of confidence, with traders closing positions and exiting the market. The August 5th liquidations also pushed remaining traders to leave, further reducing market...
I think Ethereum is headed in the direction of the black neutral zone area as seen in the auto fib retracement indicator. The 50 day and 100 day moving average lines show Ethereum headed towards the neutral zone. Due to the neutral zone being above the price, I think the price of Ethereum is going to gain in price.
Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- The key is whether the M-Signal indicator on the 1M chart can rise above and maintain the price. To do so, we need to check whether it can rise along the rising trend line during the volatility...
It needs to break the flag, of course. But when it does, it will hopefully be to the upside and the target is .3.
✅ETHEREUM is already Making a bullish rebound From the horizontal support Of 2520$ and as we are Locally bullish biased We will be expecting a Further bullish move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! ETHEREUM made a retest Of the horizontal support Of 2520$ from where We are already seeing a Bullish rebound so we Will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Overview: The TradFi week is over, and the VANTAGE:SP500 is now just 1.86% away from its all-time high, nearly recovering from the impact of Japan's rate increase. However, CRYPTOCAP:BTC hasn't experienced the same positive price action. It seems big money is feeling more confident in U.S. blue chips than in speculative assets like Bitcoin. So, who will push...
Ethereum remains stuck in the same liquidity zone. It has shown a bit of strength in the past few days, but the buying pressure is still not enough. I invite you to check out my analysis on Bitcoin, as it’s currently in a bullish pattern that will cause Bitcoin to take off very soon, which will pull the entire crypto market, including ETH, along with it. So, for...
Trade setup : Price broke below its 200-day moving average, which signaled downtrend. However, it got oversold (RSI < 30) near $2,400 support and bounced up. Also notice the unusually high volume, which also suggests that a lot of sellers have already exited. Momentum is inflecting bullish again (MACD Histogram rising) and price could reach $2,850 resistance. This...
6 1/2 years of a corrective cup formation for massive coin absorption in the market for the market makers. notice each low is holding in an upward support level and not fully reclaiming after each correction down. notice that the handle from the 2021 bull season trap at the highs was a corrective formation to build out the handle pullback. we are now forming...
Remember when the excitement of the lottery was all about the potential of life-changing wins from just a small ticket price? Fast forward to today, and Bitcoin has emerged as the new frontier of that thrilling potential. Once priced at a humble $1,000, Bitcoin was accessible and brimming with promise. Today, with its value as high as $60,000, the landscape has...
I am still long Solana and various Solana related memes. 1. Crypto is absolutely insane. You have to be sized accordingly, just like everything else in trading/investing (ballz f*cking deep). I am watching the current intermediate downtrend for a break to the upside and another test of the upper high to high trendline. I think it breaks that in the coming weeks...
It's no secret, Ethereum has been struggling this Bullrun. Outperformed by Solana and other new emerging L1's, a permabearish ETH/BTC chart and losing market share in terms of volume on chain to its competitors. The daily chart is a difficult one to digest as a fan of ETH, despite the ETF approval and the institutional investment that has come with it, the...
Donald Trump, the former President of the United States, has made headlines once again, but this time it's not about politics—it's about cryptocurrency. Recent financial disclosures have revealed that Trump holds between $1 million and $5 million in Ethereum ( CRYPTOCAP:ETH ), placing him among the prominent figures in the digital asset space. This revelation...
NASDAQ:RARE has broken through the golden zone on the weekly. Will we see .2?