Interesting that the RSI has consistently lowered while price has been increasing Would this be considered a large divergence? I don't think we are turning bearish. The bullish nature has been solidified for now. Ethereum will outperform BTC in the next large run. I predict. Its very hard to call the bottom.
LONG ENTRY ON ETH. Not financial advice Trust on your own analysis
60k-58.5k is support zone, Next target $64.8k - $68.8K Invalid below $56.5K #Dyorrr
I will briefly explain why I think so... I study wave analysis of charts and usually triangles are formed in the last phase before a bear market (global) on ethereum, this is exactly the figure, add to this that I expect an alt season and a flow of dominance below the 40% minimum. If you look at the BTC/eth chart, there will also be this triangle, which gives me...
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After huge pumps in crypto market we will have a little correction Ethereum price today is $1.6k with a 24-hour trading volume of 14.4 billion dollars on June we had a crazy Volume for eth and whales buys the dip which is a very good sign for eth price in future Eth under 1k is a most buy and 1k-2k is a dip for eth, as you can see in weekly time frame eth trys...
Bitcoin has been falling off hard over the last couple of days. While we're currently trading almost 10% above the 53.4k lows, the downtrend has been established and BTC bulls are losing the fight in the short-term. In my view, BTC has confirmed a longer-term downtrend by making a lower-low (56.7k was the previous low, blue line) and by falling through the...
Many are already disappointed by the recent sharp drop in cryptocurrencies. The decline is not yet over! Even before all the drops, I showed orders on Coinbase around $1,800. The targets for Ethereum are $1,800-$2,150, from where it makes sense to look for entry points to buy Ethereum, Optimism, Arbitrum, Starknet, zkSync, and other altcoins. I think the...
Hello everyone, I invite you to review the chart of ETH versus USDT, taking into account the one-day time frame. As you can see, the price has risen from the first channel of the downward trend, marked with blue lines, but currently we are staying just at the lower border of the lateral trend channel, marked with purple lines. Currently, the price has bounced off...
📅Today, we're diving into the analysis of Ethereum (ETH) in both weekly and daily timeframes, alongside our usual analysis of Bitcoin (BTC). Let's kick things off with a detailed look at Bitcoin in the 1-hour timeframe. 👑 Bitcoin Analysis 🔍 1-Hour Timeframe Technical Analysis After a prolonged bearish wave, Bitcoin hit support at 53921 and entered a correction...
In the weekly time, it is moving in an ascending channel, which after a complex correction and higher floors has formed a runner zone, which can now complete an ascending wave in the specified area, which is the supply area. Therefore, 🔰 in the first scenario, I expect a correction with the support of the $2,500 area after touching the zone, which can appear more...
🔍 Technical analysis: Descending channel - The 4H frame time is moving in a descending channel. - Currently, in a limited range, the rangeing of a corporate pattern can have a downward refinement by testing the area. - Therefore, if it is exposed to a sales pressure after colliding with a dynamic trigger and the range of sale, it can have a 273 and green...
In my analysis of the ETH/USDT daily chart, I've identified several critical elements that define the current state and possible future direction of Ethereum’s price action. Technical Analysis Observations: Chart Patterns and Key Levels: Triangle Pattern: The price has been consolidating within a symmetrical triangle pattern, which generally indicates a period...
🔍 Technical analysis: Corrective wave 2 scenario According to the previous analysis, the phantom currency had an upward structure in the form of wave 3. 💎 In the daily and weekly time frame, this complex combination correction can be a response to the previous upward movement, which can be the confirmation of the wave 2 correction for the next super cycle. - In...
As price goes down we still can see possible channel pattern but we must hold around 2.600-2.800 to keep it valid. Even if we got bottom it can take weeks of side action before proper break up.
To date, the market has come to another turning point, I think it's worth considering the situation. Under the pressure of the foreign exchange market, the volatility of the crypt decreased with consolidation at the half-year change near the key levels of 3500 on the ether and 60k on the cue ball. The cue ball opened the half-year above 60k, which is a powerful...
Cryptos take a nosedive after the report that Mt. Gox moved 47228 BTC from cold storage to anew address. EASYMARKETS:ETHUSD CRYPTO:ETHUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced...
waiting for the gaming narrative to kick in! this will tell me I'm a wizard without telling me I'm a wizard