If you read my previous post on ETH price action, you're already familiar with this channel. I'll leave the link here : Now, What's next? Well, the plan is the same. Ideally we want to form a local bottom here, to cement our downtrend reversal. If we succeed on this, most likely we will go back to 2k in no time. If we fail, then the pattern would invalidate...
Taking into account the information hype surrounding the Ethereum Merges transition from PoW to PoS in 16 hours it is difficult to predict where the ETHUSDT price will start to move after the transition. It is predicted that the annual emission of ETH will amount to only 0.3%, and a significant decrease in the market supply affects the growth of the price...
TBH Traders, Ethereum is not looking good right now from a technical standpoint: #1 - Still haven't reached the target down area from the larger H&S pattern #2 - Trend is still overall downward #3 - Inverse Cup and Handle Pattern now formed We are currently sitting on critical support which is also the neckline of the inverse C&H. If that breaks, target down...
Bad news is actually Good news. After every negative event there was a dump and pump. ETH price outlook for The Ethereum Merge is looking bullish to me. 2700 is possible.
Hi friends! Matic is make the biggest performance among other altcoins. But after the Inflation rate announce, it`s make a pullback to the global trendline. Even the announcment of the partnership between the Polygon (MATIC) and Starbucks don`t PUMP the price . This mean that the big buyer is waiting for the better price and don't want support the price to buy...
Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ 📌 Guys, I want to update the last #SOL idea 💡From the last signal, it turned out to take 16% (without leverage) at the moment, the asset is due to the #btc dump, go again to test the $30 interest zone ▫️I set the grid of orders again, like...
Read the text carefully: If we reach the red box that is 2100-2400 USDT, it is an excellent area for short position In general, the path that Ethereum will follow for the coming months and weeks will be a deep and heavy fall towards $500-$350. This drop is not specific to Ethereum and I think the entire crypto market will undergo a heavy correction. For more...
Hello 🌞 Currently, the price has reacted by hitting the dynamic support line and it is expected to advance to the level of $1,655 to $1,690 and the price will again hit the dynamic support line. If the dynamic support trend line is broken and the price stabilizes below the green area of $1,500; We expect it to touch the levels of $1,425, $1,360 and the Volume...
Hi friends! After yesterday CPI data all the altcoins and Bitcoin make the pullback for 5-10%. In the previous ideas i said that day traders have to be carefull during such events. ShibaInu also make a pullback to the global trendline for the 2nd time. As you know, the more times a level is tested, the weaker it becomes. Also the price consolidate above the...
Ethereum can move down from the red box . i try set the stop for this position.
Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ The price has tested the channel support again and the asset will rebound! Guys, tomorrow there will be a transition of ethereum from Pow to Pos, most likely we will see volatility in the market, retail investors will start selling their...
Ethereum will be sell after retest to ES zone again as ABC pattren already completed and retest will be douoble confirmation for sell.
Just two squiggles crossing each other. NFA Crypto is highly circular. It will return, but requires a lot of time for people to recover from their losses during 2020-21. Considering poor Macro conditions, it could take longer, but the asset class is becoming more mature so I think there will be faster cycles. Not confident that BTC will reach ATH after losing...
On the H4 charts, price has broken out of the descending trend into a slightly bullish trend with price still respecting the ascending trend line. we're looking for a pull back buy entry at 1510.29 where the swing low and 100% projection sits. Our take profit level will be at 1676.15 where the 38.2% retracement and 61.8% projection sits and stop loss placed at...
ETH doing good. There is quite possible chance to flashback %60 upwards. I know hard to believe, but major issue merge. if ETH keep continue declining from here, no need to mentioned lower previously i mentioned 800-900 levels....and it was over 2000.... Good Luck major issue US inflation, yields, war, etc. etc. etc.. plus railway....etc For BTC 16125...
ETH 12 HR Inv Cup and Handle Could get a Bounce Here. Bearish Breakout Here targets 1.2K and under. Depending on how launch of upgrade later this month goes, we could get another test of upper trendline. If this breaks Bullish, targeting 1920.
Just my opinion but from what I see, the price of ETH will drop in the next few days, let's remember that we are less than three days away from the eth merge; from what I see in many posts, this is something that has people in uncertainty about the price, some saying that the price will go up like foam, and some saying that the price will fall like a snowball, the...
Quite a lot of bearish confluence in this chart at the moment but bears will feel a lot better if 1500 pivot breaks and could assist with the Elliott Wave pattern here. But first, need to complete an impulse down. It has a 3 wave move at the moment so watching these levels to hold/break for clues. And then form a plan from there. Any questions, let me know, if...