Ethereum (ETH/USD) is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support which has been identified as an overlap support. Pivot: 2,807.45 1st Support: 2,538.15 1st Resistance: 3,086.37 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
#MATIC/USDT #Analysis Description --------------------------------------------------------------- + The price is currently trading within a channel and has successfully bounced back from the lower boundary. + A strong breakout from this channel could drive the price higher. + We can enter a long trade at the current price and place the stop-loss (SL) below the...
In today's post I'd like to invite you to add the alts YOU think will survive, and why. Add in the comment section! Incase you missed yesterdays post... I remember the good 'ol days, when the amount of options you had was limited to one hand. First there was Bitcoin. Then came ETH, LTC, XRP and BCH (Bitcoin Cash). And a few other's later came like Bitcoin...
Market Sentiment: Last week started with a sharp downturn across various markets, including cryptocurrencies, leading to some of the most negative sentiment for Ethereum in years. Key Challenge: Ethereum CRYPTOCAP:ETH has broken below the crucial support zone of $2,600-$2,900, which has now turned into a major technical resistance. Closing below this level...
Bitcoin breaks this trend, we will most likely see 70k Bitcoin!
CRYPTOCAP:BTC weekly chart please boost and follow. Thank you
CRYPTOCAP:ETH Weekly chart 📊 #BTC #ETH #BNB #BULL #ETF Boost this post & follow :) Thank you
hello guys. let's analyze Ethereum coin. 1. Price Action & Market Structure: - The price has been in a downtrend, followed by a strong bounce from a key support level around 2,527.05 USDT. - A bullish channel has formed as the price is making higher highs and higher lows, indicating a potential recovery in progress. 2. Key Levels: - Flip Area:...
the chart structure has changed slightly, for the better in my eyes. the chart now favors the bull case—a bull case which will take a lot of lives before beginning. --- what i'm portraying here is a massive, weekly bullish 1-2 setup—similar to the one we experienced between 2018 and 2022. the dip for "the covid crash" was wave 2. i'm anticipating we see a...
We can see that the price of bitcoin is lateralizing in the form of a 5-month bearish flag to liquidate Stop Loss. We may be on the verge of a bullish explosion in the price of bitcoin in the coming weeks as it has bounced off the weekly 50 EMA and the weekly, daily and 4-hour Squeeze Momentum is in red which tells us that it is possibly already at its peak. last...
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Simply hopped into an ETH Short at around 11;15 pm EST about a 40 pip SL @ $2,580 Looking for a 1:4 or 1:5 TP 1 : 2,487 TP 2 : 2,420 TP 3 : 2,355 If you can handle volatility hold till possible $2,100 or below! Always good to scale in and out protecting your capital EFFICIENTLY! Let's Get it PPFX Fam! Peace
Bitcoin Analysis It perfectly formed a Bullish Flag Pattern. It can test around $56k before upside leg , $62k - GETTEX:64K is a resistance for now.
Logarithm. Time frame 1 week (less is not necessary). Horizontal accumulation channel has reformatted due to price holding near the meridian zone of the 1500 level into an ascending triangle (bullish triangle). Linear for clarity. Locally breakout zone. Time frame 1 day Fractals. Underperformance due to liquidity and capitalization. Similar things...
Trading Setup: Buy on Resistance Breakout Sell on Support Breakout We already bought a little lower We are currently waiting for new signals to make a new decision for our trade So we wait for now In general, if breakout ( up or down ) we will update the graphics What are these signals based on? Classical Technical Analysis Price Action...
Looking into ETH on weekly TF gave a bias of waiting for it at 1.2kish I will advice to stay away from longing it for now I will keep shorting it till it come to that entry follow for long term update
Since the bullish move on Ethereum from June 2022 till March 2024 can never be counted as an impulsive wave; I expect ETH to face a challenging sell-off in the coming weeks. As long as the price is still below $4,000; many bearish analysis are valid (for instance ETH can go <$800) The invalidation of all the bearish ideas & the confirmation for the bullish...
CRYPTOCAP:ETH is going back to $3,000, it will either reject and go lower and form a CHOCH on the higher time frames and go higher