A Falling wedge but can it complete the pattern !! ##Prior Trend: To qualify as a reversal pattern, there must be a prior trend to reverse. Ideally, the falling wedge will form after an extended downtrend and mark the final low. ##Upper Resistance Line: It takes at least two reaction highs to form the upper resistance line, ideally three. Each reaction high...
According to the price chart, it is in the resistance range, which is suitable to enter when the trend line is broken, otherwise we will have a price correction. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
In the previous analysis, I mentioned the support of the trend line in the 2-hour time frame, and the first drawn trend line supported the price. Now, in the 6-hour time frame, I have drawn the support and resistance range, and the drawn trend line has recently been broken, and if the pullback is completed, it will increase the price and break the resistance,...
Looking at the H4 chart, the current overall bias for ETHUSD is bearish overall. Price has turned short-term bullish with price currently above the Ichimoku cloud. Looking for a retracement buy entry at 1264.31 where the 50% and 38.2% Fibonacci line are intersecting. Take profit will be at 1405.86, where the previous low and 100% Fibonacci line is located. Stop...
| ETHUSDT | LONG @ 1270 - 1285 | TP @ 1290, 1295, 1300, 1305, 1310 | SL @ 1180 | PATTERN = DOUBLE TOP BREAKOUT | COINBASE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and...
i mean look at it, tv wants me to type out more but i have nothing else to say. look at the fkn chart fr
As you can see, Ethereum has reacted positively today for the second time in the last 3 weeks with the support level of $1200 (Bullish BB), we have to see if it can consolidates above this level or not, if it consolidates , the next bullish target is $1376. :) ! If the price moves below that level, I suggest you monitor the range of $1030 to $1100 for an amazing...
As You can see ETH has broke Uptrend Dynamic Support and we are going to test 900-1000$ Area but I am pretty sure it cant Support and we will go for testing lower Support, anyway, as mentioned in the chart minor support daily is around 700$ may see a good bounce from here but as I checked, major support is 530-600 $ area, I will buy in there... just wait for it...
1d-4h bear trend ,waiting for price correction ,after BOS open short. 5-30min bull trend , search for long
Bitcoin update with some important details. we have seen that Bitcoin did try before to confirm the 20400 zone, but it failed as the zone did not get the confirmation. New increase from here to that point can make a new confirmation for BTC to enter the new uptrend what can bring the price action to 24K. For those following long term trend, its interesting...
So you understand how HUGE this is!!! This will likely be the 2nd LARGEST BUY volume day in years!!!!!!!!!!!!!!!!!!!!!!! 🚨ALERT! 🚨 MONSTER $BTC REVERSAL & While there's SOME short covering it's minimal, so it's PURE BUYS!!! We could be seeing BOTTOM in #BITCOIN TODAY! We've not called one this year Some were close but this is BIG! Spot #BTC volume normal =...
THIS IS HUGE! MONSTER REVERSAL & While there's SOME short covering it's minimal, so it's PURE BUYS!!!
Hey traders, Thanks to the legendary Elliott Waves theory, I am able to visualize a plan that could tell us that in the incoming weeks we could find a very bullish momentum. Stick with me for more updates of the incoming rally. . . BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a...
Hello friends, today you can review the technical analysis on the 1M (monthly) linear scale chart for Ethereum (ETHUSD). UPDATE FROM AUGUST 2022 CHART! I placed vertical lines for the month of April from 2017-2025 to show up to now and in the future when price may start making major moves. The current structure looks very similar to 2018 and my prediction shows...
Hey guys, BTC is currently descending, and a decision will be made here shortly, that can lead to a huge correction down. => We will look at specific areas for the correction, where one could buy lower. We're also gonna talk about the major macro picture with the stock market, since crypto highly correlates with it. Have fun watching! ;)
LONG - SHORT - ORDER block By forming such a structure and scenario, Ethereum can increase the price of remaining orders in the high block order and activate orders for dumping. According to the trend and failure of the bottoms, it is still a downward trend, and the setup you want to position from this reversal should be careful that it is in the opposite...
ETHW looks like its about to make its next run up. This will be wave 3 and the previous high around $14 will be a blip on the chart. I can see ETHW running to about $40 on this next run and possibly higher depending on how much attention it receives. I think the bottom was around $7.60 like I predicted in my previous chart which was major support. Invalidation...
#ETH still on the edge. testing the lowest values since July UCTS remains bearish across the board. Any LL/HH outside of this 1-month range could unleash volatility. ⌛️