ETH is currently bullish as yesterday all cryptomarket dropped. We broke local trendline and currently looking to break the level. Funding is positive, meaning that more people have shorts on ETH that longs. It's also makes interesting for marketmaker to push the price up. Action will be in 1 hour as we are preparing to merge. I expect a spike up, let's...
Just some correlation about ETH movement between wallets, exchanges and Arbitum Seems Arbitum served as a "cold wallet" to pump Ethereum prices in the past They acted mainly related with Binance... And Binance was the first to "block" ETH withdraw during the upcoming Merge. So what next? Just keep watching what happening with Arbitum network, where...
On the H4, the price seems to be in a descending trend hence we're looking for a pullback sell entry at 1676.58 where the 50% retracement sits with taking profit at 1508.57 where the previous swing low sits, and stop loss at 1789.86 where the previous swing high sits Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
Ravencoin sits at the 61.8% Rertrace of a Potential Cup With Handle at the PCZ of a Bullish 5-0 with Hidden Bullish Divergence on the RSI. This isn't my most convicted trade ever but i think it's still worth giving decent a shot to see if Raven Can hold this PCZ level, if it does then we could then see Raven make a 200% Retrace to complete the Measured Move of the pattern.
Hello Traders, here is my analysis for BTC/USD. Let me start off by saying, BTC has a massive barrier to overcome to turn bullish. What is this barrier I speak of? ***The Descending Trendline that been plaquing BTC since the November 2021 high. What does this mean for BTC? - Basically, this trendline is MASSIVE MASSIVE Resistance for BTC and will require a...
If the success of The marge will boost buying sentiment, ETH will surely have a price step of $ 1.8K and then to $ 2K, then the market will be very active. If The Marge fails, everyone will be suspicious and ETH price could drop to $1k. I believe ETH will go to $2K
The influence of merge activity has already won back its significance, and many people think so. In the short term, we can stay in this triangle, but soon the market will begin to actively close the correction zones.
This ETH coming merge over 7 hours can change the crypto markets on a side of the bull trend :there is a good chance for. It's important to know that there can come new volume since this trend is going to happen. BTC can go into important trends coming time. We will see later what the effect will be.
$SPY #SPY Confluence of the volume shelf & symmetrical triangle support zone. Huge volume gap above, as we have already seen that price can move through, VERY quickly, both ways. Bearish w/ a close below this shelf & symmetrical triangle potential support zone.
Hello Traders LETS fly! Ethereum is probably going up on the release. Everyone talking about a sell the news event, but the sell off happened before the news was release. So its probably fly time. The 4 Hour candle that have just closed signals that the bulls are in control, and we will probably go up from here We hit the trend line for a second bounce, and...
It's not financial advice, just one of many options! Use risk management and don't be a gambler!
Most coins following BTC - BNX is the only coin that since the start of 2022 going on the side of increase. To read more about it check: In the long term, the BNX price does not affect huge as most of the coins when there is BTC breakdown. we have seen more times even if the breakdown is small, the recovery of BNX gets in a small time back, this means more for...
Though it suffered a bearish stint recently, ETH appears to be on an upward trajectory in the broader time frame. The cryptocurrency recently fell to the trendline following reactions to the US CPI data yesterday but has reacted well with the trendline. Buoyed by the upward-facing line, Ether currently coasts around the $1,600 low support a few hours to the...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ETH update. ETH is forming an ascending broadening wedge pattern in a 4hr time frame which is generally a bearish pattern. After a few hours, the ETH merge event is going to take place and IMO this is the sell the news event. Still, for confirmation, ETH needs...
Ethereum still trading around the resistance line.
BTC will drop to 18.5K , instructing my boiss to get their shorts ready.....
After Awful CPI data and projected 100BPS Raise next week the trend continues to be the same
LUNA looks like it has completed the head and shoulders patter I spoke about in my last chart and has broken below the neckline of this massive pagoda. This is not good and it can bring Luna down hard to possible lower lows if the drop is extended. I am seeing a correction to at least the .00012 area on a measured move of the cup and handle on the lower degree...