After completing nearly a 300% move, we can start dcaing again in buys/longs with hsl ultimately at pink line.
Can definitely be a long signal for ETH/BTC. You can find a perpetual contract for ethbtc in binance futures.
CHZ USDT SPOT Signal green line buy stop: - Please wait a little until it reaches the green lines, if you don't buy the second green line, don't worry because the first green line is 100% bought.
Historically, Bitcoin halvings have been associated with price increases in the past. Supply Reduction: Bitcoin halvings reduce the rate at which new Bitcoins are created, effectively reducing the supply. Historically, this reduction in supply has led to upward pressure on the price as demand remains relatively constant or increases. Halving Anticipation: ...
ETH/USD is rising towards a resistance level which is a pullback resistance which lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3,633.82 Why we like it: There is a pullback resistance which lines up with the 50% Fibonacci retracement. Stop loss: 3,727.86 Why we like it: There is a pullback resistance...
Trading can be like... following a diet🥨 You need a clear plan, but also some space for cheats. If you're prone to jump-in trading, have some funds available for it - trading should be fun! Take that risk. But plan for it. If you've spent your 10% high risk capitol for the month/quarter, then that's that. - Look for Fractals Fractals in higher timeframes such...
OP has been trading inside this bullish channel for around 2 years at this point. With OP (and the majority of alts) falling over the last few weeks patient bulls are again in luck. I'm looking at a relatively safe trade from the bottom support, with a stop below the previous long-term swing low. Target at 7$.
After the CPI data released by the Labor Department last week showed that inflationary pressures further eased in May, BTC and US stocks rebounded significantly, covering the decline caused by the previous employment data. However, in the subsequent FOMC, the dot plot showed that the median number of interest rate cuts this year was one, which was lower than the...
Ethereum almost got to the target zone I've marked 6 days ago. Missed by 21 dollar. But I'm yet cautious about bullish entries. Last 12H closed bearish, so I believe this chart will require another day or two to draw some certainty. Till then we may expect dips under 3427 and possibly to that zone I've marked as well. Level at 3650 remains decisive for mid...
This is an idea I had posted about a while back that is starting to play out. Now that we have a full picture, it's pretty safe to say that this is a macro distribution. The weekly & monthly TD sequential have both printed 789, which also marked the macro top last cycle. As much as it pains me to consider this possibility, this bull run may get cut short if this plays out
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
Could we finally see a breakout of the downtrend channel now that ETHBTC has bounced off the range bottom? Bullish scenario: If we see a breakout of the trend channel and new HH & HL then ETH could finally be ready to move up after the approval of the ETH ETF's. Bearish scenario: If the range low is lost and price is excepted at those levels then the downtrend...
Hello TradingView Family / Fellow Traders, 📦 After rejecting the $70,000 - $72,000 resistance zone, BTC has been hovering within a narrow range during a correction phase. 📈 For this impulse phase from $20,000 to persist and push towards the next resistance at $80,000, a break above the $72,000 mark is needed. 📉 In parallel, if the $60,000 support is broken...
Ethereum (ETH/USD) is currently reacting off the pivot which has been identified as an overlap resistance and could drop to the pullback support. Pivot: 3,628.53 1st Support: 3,402.67 1st Resistance: 3,758.68 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading...
ETH/USD is rising towards a resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3,706.15 Why we like it: There is an overlap resistance level which lines up with the 61.8% Fibonacci retracement. Stop loss: 3,882.49 Why we like it: There is a pullback...
In the recent price action, Bitcoin has shown a notable reaction to the resistance zone around $71,000 - $72,000, leading to a decline characterized by three distinct downward pushes. The third push, however, demonstrated reduced selling pressure as it failed to make a significantly lower low, indicating potential weakening of the bearish momentum. Crucially, the...
$BINANCE:ETFIUSDT (4H CHART) Technical Analysis Update ETHFI is currently trading at $4.1 and showing overall bullish sentiment. Price has broken out from the resistance zone and showing a good bullish momentum. Our first target is around the resistance zone (4.3-4.4) and we can expect the price to reach around 4.8 This is a short term trade and if the price...
Hello everyone, I invite you to review the chart of ETH in pair with USDT, on a four-hour interval. As we can see, the price has risen from the first channel of the downward trend, then we can see a break from the local upward trend line and now we can see the second channel of the downward trend, Currently, the price has bounced off the support at $3,495, but...