The volatility brought about by the approval of the ETH ETF gradually narrows. U.S. employment data, CPI for May and FOMC will be released in the next two weeks. This will affect market expectations for monetary policy. Starting from April's data, both employment and CPI began to cool down. Although the Federal Reserve said that an interest rate cut is far away,...
STX has a perfect accumulation that just put in a spring right here. We're right near the bottom of what's about to become a massive pump. Altcoin season is in full swing and this is the next top gainer! TD Sequential has 789 on the daily and oscillators are showing daily bullish divergence.
In a recent rally, Ethereum demonstrated significant momentum. In our video analysis, we delve into potential long positions, contingent upon price meeting our entry criteria. Observing the 4-hour chart, we note a prior bearish trend that has now been disrupted by a bullish break in market structure. My bias leans toward a long position, but it remains subject to...
Ethereum (ETH/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 3,715.94 1st Support: ,518.21 1st Resistance: 3,969.63 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 Forex and CFDs may not be suitable for all...
Hi again people. I am projecting the crypto to be weak this week, especially Ethereum. The whole pump from ETF expecetations from 3200 to 3900 should be corrected relatively quickly, we had similar situation with BTC & ETF. With slightly more Short positions on CME for both BTC and ETH, I am expecting an Ethereum panic this week. The entry now, and especially...
Current Situation: Last week, Ethereum (ETH) moved sideways with a modest 1.5% price increase. Bulls made several attempts to push ETH above $3,900 but faced strong resistance. Key Resistance and Support Levels: Resistance Level: $4,000 Immediate Resistance: $3,900 Support Levels: $3,700 and $3,500 Price Action: Despite multiple attempts, ETH has been unable to...
ETH ETFs will give Ethereum and therefore altcoins a nice bump/pump and I believe that, as long as ETH can hold this current support level at around 3700, then Ethereum and altcoins have found their local low. In other words, altcoin season is close. Supporting this theory is this inverse H&S pattern which I spotted well before the right shoulder had even formed....
The 1D TF chart for Ethereum shows a consolidation period following a significant uptrend. Key events include the publication of the U.S. Consumer Price Index (CPI) on May 12 and circulating news about the upcoming approval of the Ethereum spot ETF, which caused heightened market activity. On May 20, Ethereum's price surged by 21% in a single day, a significant...
Bitcoin is rising within this ascending channel. Do you think it can reach the top of the channel? This could mean a new ATH around $75K! 🚀
Hello TradingView Family / Fellow Traders, ETH has been hovering within a narrow range in the shape of a flat rising channel around a massive resistance zone $4,000 - $4,100. What's next? Scenarios: 1️⃣ Bullish - Continuation The bulls maintain control as long as ETH is trading within the rising channel marked in red. In this case, a movement towards the...
API3 is taking off on the weekly as it finishes up this macro accumulation and enters the markup phase. Most altcoins are in a similar position - about to go vertical. If you don't already have your bags filled, last call!
SEC's unexpected nod for Ethereum Spot ETFs (“ETH ETFs”) through the approval of 19b-4 forms has ignited a fresh wave of excitement in crypto markets. This paper delves into the impact on ETH/BTC Ratio fuelled by this development. The ratio has been a laggard throughout the current bull run. ETHER ETF ADVANCES TOWARDS APPROVAL On 23rd May, the SEC...
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#W #Analysis Description --------------------------------------------------------------- + The price is showing a strong rebound from a major support level. + Recently, it successfully broke through the resistance line, indicating a potential upward trend. + Based on this momentum, I anticipate that the trend will hold steady and reach our projected...
The level on top is the last. We were higher 3 years ago. If we go higher, we can check in the Daily Publications. During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look...
🔍Ethereum (ETH) is the coin of the day, a project that stands out from other altcoins due to its significant market dominance and substantial capital investment in both its network and coin. Unlike many other altcoins, Ethereum is less dependent on Bitcoin, making it an interesting asset to analyze independently. 🔄Previous Analysis Recap In the previous analysis,...
WLD has been trading alongside a bullish trendline. This trade is based on the idea that this bullish support line will hold and cause the price to reverse from there. Stop just below the May lows, target at the current all-time high (ATH).
Drawing trend lines like this shows the support line and possible higher line that leads to a large upward reaction which I have high lighted in green Lets see how this goes, if it continues upward I am very bullish on ETHUSD