If you remember this previous multi timeframe analysis on ETH posted a few weeks back, price has followed my projection perfectly and is now at my key area of interest ahead of today's inflation data. My perspective for ETH has not changed i am monitoring closely for a sweep above the intraday highs and price to come into our area of interest we will be monitoring...
Rising as a talking point in social media and among Pepperstone’s crypto trading clients is ‘The Merge’ – a union between Ethereum and Beacon Chain, that takes place on Thursday (Google has a countdown clock). Essentially, this long-awaited move, sees ETH move from “proof of work” to “proof of stake” system – the two systems are vastly different in their...
The ethereum is in a sideways trend after rejection from 1800. It is in the second tenant of its downward trend where we are looking at distribution from big whales which will be followed by public selling making a head and shoulders pattern once rejected from 1720 which is the 50 MA resistance for intraday. I only take long term positions in cryptocurrency so my...
#Eth trade saw quite a dip yesterday but is only down $2 right now at $1717. I'm still in a long position. Let's hope for good price action out of the #EthereumMerge
Hi friends! The massive Bitcoin pullback happend which confirm the BUYERS power. Let`s compare two simmilar and famous patterns that shared in the TW for the last weeks. 📊 Most traders and authors on Tradingview expected a repeat of the bearish flag (channel) break down as shown in example #1. As we can see, the price consolidated in the descending channel...
Step 1 : go down to 1413$ Step 2:if break teh 1413 then go to second possible fall
Step 1 : go down to 1413$ Step 2:if break teh 1413 rhen go to second possible fall
As we can see in the chart, the upward trend line is broken and if the pullback is completed, we expect the price to increase. Otherwise, the process of falling will continue with the loss of the area. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
This is the reason we are waiting for a breakout as it is getting resisted by 50% fib levels. We have a bullish tenkan & kijun crossover with bearish kumo cloud direction suggesting Volatility, may be due to #ETHMerge.
Hello everyone, I mainly updated you on BTC lately. So here is a quick update on ETH the prince. With the merge coming eth has now painted a very well-known pattern. We can see we have now almost fully formed a Cup and Handle pattern. Although this pattern is more often than not a continuation pattern it can also be found at the tops and bottoms. We can see the...
BTC/USDT ::: _ In the previous analysis, the fall to the first and second targets happened and we had a correction to 21 . _ If the price continues to grow and breaks the range of 22, it will enter the range of 24, and you can wait to enter the range of 27.
Ethereum bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 1676.4 is expected to happen.
The total evaluation for the Ethereum asset is bearish. Please be mindful of the risks you are taking, managing these risks are absolute number 1 priority and the second one is your risk tolerance. A lot of people are really good at calculating, but they are either too much of a wuss or too much of rooster so keep yourself in check always. Be...
Hi. Without doubt anybody is awaited when ETH announces it's trendchanging "Merge" announcement. But, if you look the 1D chart it has already happened, to be more accurate, on September 7. Narrow circle of people has decided to go up :). The Content is for informational purposes only, you should not construe any such information or other material as legal, tax,...
On the H4 charts, price has broken out of the descending trend into a slightly bullish trend. we're looking for a pull back buy entry at 1676.15 where the 38.2% retracement and 61.8% projection sits. Our take profit level will be at 1804.67 where the 61.8% retracement sits and stop loss placed at 1635.91 where the 50% retracement sits Any opinions, news,...
A face off between the Bulls and the Bears are about to go down… BTC is above a key area and this may dictate what she does in the next few days/Week. WILL SHE PREVAIL and push to $23k?
EVERYTHING LOOKS CLEAR ON THE CHART, if you have any questions, write down in comments below.
Expecting a rally to upside for remainder of month, before potentially more downside - technical target based on prior breakdown and support levels