Locally, after withdrawal of liquidity from the lower boundary of the range, the price continues to move in a flat. On this situation I can say that they lure the shorts for further movement at the expense of stop losses. I consider the opening of a long position. If you liked the idea, please like it. That's the best "Thank you!" for the author 😊 P.S....
A big move is on its way, by looking at the price action I have noticed it has respected this descending channel upper line resistance serveral times. Also mid line is accepted as a support. Given the angle of the channel, it is more likely for it to break downwards, to 12-14k. Also seeing a rising wedge on Eth on 4h time frame, ETH could be going to 800...
Ethereum has found support at the bottom of the range, at our newest level at $1288. Recall that this is the exact move we predicted yesterday, when we had rejected $1341. We are seeing good support at current levels confirmed by green triangles on the KRI. If we cannot hold this level, however, then the next level of support is at $1235. We anticipate $1341...
It is quite a bearish day for Ethereum price analysis today as its price has gone lower by 2.04 percent. It has now been two days since a negative sentiment has been brewing in the market. Apparently, a further dip is imminent, and Ethereum might test the recent support line at $1150. As the crypto heat map shows, Bitcoin has reduced by 0.91 percent. Other...
Hi friends! SUSHI🔥 is making HH and HL despite entire crypto market. This altcoin looks stronger than many others that is why you should pay attention to it. If you take a look on the volume indicator, you will see that a lot of coins were bought at the bottoms. The volue bars are always growing when the price fall to local bottom. 📊 The preconditions to...
ETH is now trading in descending triangle after the break down from the ascending triangle,ideally eth should test the black box support but currently holding the previous support level.Breakout from here would be long for ETH.
ETH is doing good so far. Although it is holding the $1260 support level, ETH is still under a bearish pattern. You may call it a bearish pennant or a descending triangle, in both cases, it is bearish. We may see a bounce back to continue with the pattern which will be good for scalping. But unless we see a breakout above $1347, a bullish move will still remain...
The current overall bias for ETHUSD is bearish, according to the H4 chart. However, the price has closed above the Ichimoku cloud, indicating a likely bullish trend in the short term. It would be good to look for a buy stop entry at 1344.40 with a stop loss at 1190.00, the previous low and 100% Fibonacci line. The take profit level will be 1489.89, which is near...
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ETHUSD 1D Chart) The key is whether it can rise above 1340.12 and find support. To do so, it is necessary to check whether the stock is supported and ascends in the 1.13 (1228.15)-0.886 (134.25)...
LUNA CLASSIC LUNC Luna seems to be bouncing within this falling channel/wedge. If LUNC has the volume and manages to break out of this wedge then I can see a nice run to .00033 and if there is enough steam and volume then a spike to .00035. At that point I believe LUNA will drop back down to previous support at .000288. Once that happens LUNA will have formed...
SOLANA went on a nice run almost 200x from its lows less than a year ago. Its pretty near its top now, there may be a small drive up to $280-$290 when Bitcoin makes its run, then wave 5 is done I believe and its probably headed down for a while. Also SOL/BTC has pretty much double topped and finished the 5 waves and is on the way down. Not a very popular...
Last ETH long trade for the year will start soo. Curcial is to create the first bullish reversal pattern and to follow the white path. If we get the final bigger trend to the downside, it will be time for me to start a new trade. Lets take a look in a couple of weeks if this one played out. All path lines are created with elliott mainly and as guidelines the...
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ ▫️The buyer still could not contain the local level of $19.550 and the asset fell to $19.000 again. ▫️From the technical side, the chart looks good, it is clear that they are trying to hold back the level of $19.200 and do not let the...
LUNC : NEW INCREASE TIME New trend shows possible increase for LUNC on low time frame. The markets shows last time since BTC are into stable trend not real an increase coin. There should come some moments where we will see more coins effect the market by green trend.
LONG TERM ANALYSIS FOR ETH/USDT. As you see my bro we are now in 3th wave of Elliott wave that targeted 12.7k this will happen when eth updated to new eth 2.0 and it will happen soon.
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. #ETH/USDT UPDATE:-Like BTC, Ethereum (ETH) fell for a second consecutive day, as the token moved below the $1,300 level. Earlier in yesterday’s session, the token was...
A lot of people are worried that ETH will fall to 915-570-355 However when we observe the RSI on the weekly frame. When the RSI hits the orange points. The price will increase by at least a minimum of 278% up to a maximum increase of 3754%. Besides, the orange touch point of June 27 coincides with the end of wave 4 of Elliot wave. So, I expect wave 5 crest to fall...
ETH is still playing nice with Fib areas, unlike Solana. Below is my current expectations for pattern completion. Sorry I have to make this short. DM me with questions. Best to all, Chris