Hello everyone, let's take a look at the ETH to USDT chart on the 12h time frame. As you can see, the price broke out of the falling triangle, which resulted in a strong downward price movement. Let's start by determining the support line, but here you can see how we are first in the support zone, but if we fall lower, the next support is at $2,823 and then we...
The auto fib retracement and auto fib extension show both indications cryptocurrency ripe to for taking in addition to a complete bottoming out of the price as a whole. Distracted by something, or too busy soaking up the second month of summer? Long orange line represents the time period when the drop happened and the price of cryptocurrency going beyond the 100...
🔍 Technical analysis: Movement in the descending channel - It is moving in a downward channel in the daily and 4H time frames. - It is located in the middle of the channel and within the liquidity zone. If it can be placed above the region and the middle of the channel, it can retest the ceiling of the supply range channel. - The most important resistance for an...
Last week was the official launch of the long anticipated Ethereum spot ETF. Sadly, the markets dumped right after trading went life. We have seen the exact same thing happen earlier this year with the BTC spot ETF launch, where the ETF lost over 26% of its value in the first 7 trading days. The Ethereum ETF is currently trading at -12% after 7 trading...
Solana needs a breather and will go down to major support. Ethereum is gonna leave a multi-year long created cup-and-handle formation behind it to the upside. Simple.
Bitcoin Update (Weekly-TF) Is bitcoin following 2023 chart? In 2023, -Major Supply was $GETTEX:23K-25k, 2 Times rejected from there. -In Q1, BTC brokeout the Resistance/Supply! -BTC pumped $16K to $31K. Almost +90% pumped. -Flipped the supply & tested it 2 times as a support. -Total '7 Months consolidation : 30K to 25K -BTC formed a mega bullish ''Flag...
First of all we need to know that the main structure is bullish and we can trust the signals that are in the same direction as the main trend. Recently we had a bullish iCH on the chart. We are in a big range that we are approaching the discount of this range. We are near a support range. We will look for buy/long positions within the specified demand...
For Ethereum, I believe the approximate targets could be 10k-20k based on Coinbase orders and the 1.618 Fibonacci level. I think greater growth might come from Ethereum's L2 solutions, specifically Arbitrum, Optimism, and zkSync.
Since April 2021 XRP has been banging on the 2/1 Gann failing time and time again. In the last three years we hit the 2/1 Gann 5 times and failed to break it , this monthly candle is extremely bullish and we have reached the apex of this Gann triangle, the chances are we break to the upside. Since March 2020 we have been printing lower highs on the monthly...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. ETH has been overall bullish trading within the rising channel in red. 📈As long as the last low in red holds, a continuation towards the $2500 would be expected. In parallel, if the red low is broken downward, a bearish correction towards the $3000 round number would be...
Trump inspires crypto market at Bitcoin 2024. He stated that if he enters office, it will remove Gary Gensler from SEC leadership as soon as possible. And the US government will not sell BTC holdings, whether currently held or potential future purchases, as a special way for strategic reserve. The market was attracted by his promise and BTC began to rise away from...
After a nice bounce from the GP, Trendline confluence, we are struggling to move higher. I would expect a move lower to test the untested POC and sweep the last low before moving higher. If we lose the POC, the VAL & Daily would be my next target. #Ethereum Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the...
Cult Dao confirmed buy signal on the stoch RSI weekly last night , longing this signal last few years as resulted in fairly large moves , we did get a false signal July 2023 but high chance we have another run at the moment. What is interesting is that alot of charts putting in the same lower higher structure.
In a landmark event for the cryptocurrency market, the launch of the spot Ethereum ETF in the United States has brought in a staggering $2.2 billion in inflows, as reported by CoinShares . This surge marks the highest weekly inflow since December 2020, highlighting a renewed interest and confidence in Ethereum and the broader crypto ecosystem. Unpacking the...
1d: I observe repeated liquidity manipulation of the lower accumulation boundary, followed by aggressive movement to the first target in the form of 69198.7 On 1h Tf: we see an aggressive and balanced order flow. I want to see the continuation of this upward movement from current through reaction to local imbalance and change of structure on lower tf. There is...
SET:YGG **Future** / **Spot ** recommnded Style swing hold 🫴`1st entry near the chart price ` 🫴 `2nd entry around ( 0.5080 - 0.5020 )` ` Stop lose if daily candle close below (0.4665)` <@&949979082127470592> @everyone
On this chart I see only cycles, eventually we should arrive at the lower horizontal levels +Wyckoff Best regards EXCAVO
Volatile Market Action: The crypto market's volatile price action continued last week, with much of the previous week’s gains being retraced. Focus on Ethereum: This week, Ethereum CRYPTOCAP:ETH is at a major inflection point given the approval of ETFs by the SEC. Trend-Following Concerns: From a pure trend-following standpoint, a potential lower-high was...