Despite its fast-approaching upgrade launch, Ethereum continues to struggle with mounting bearish bias due to the spillover effect from the broader market sentiment. Over the past 48 hours, the blockchain ecosystem cryptocurrency has struggled with the $1,600 resistance. If my 4-hour channel and chart are anything to go by, the cryptocurrency is on the verge of...
Could Ethereum trade lower further? Similar to the Bitcoin analysis, Ethereum traded lower to the 1421 price level following the statements from Chair Powell, indicating that the Federal Reserve would continue hiking rates sharply, increasing the likelihood of a 75bps rate hike for the September meeting. Price recovered back towards the 1619.54 area but Ethereum...
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A Next-Generation Smart Contract and Decentralized Application Platform Satoshi Nakamoto's development of Bitcoin in 2009 has often been hailed as a radical development in money and currency, being the first example of a digital asset which simultaneously has no backing or "intrinsic value" and no centralized issuer or controller. However, another, arguably...
Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ SHIB is currently in free flight, on the technical side, our resistance level is a countertrend line, and the support zone is 0.236 Fibonacci. While I see more priority to the downward movement of 0.236 and from there to gain a position for...
ETH probable bottom around its HTF Point of Control near $400. The orderblock between 500-300 often goes unseen if you dont switch to the log chart. We are probably rolling over soon. NFA, DYOR.
Hi friends !recently ICP were the most famous altcoin and a lot of newbie wanted to buy it. Now it`s close to the dip and after the breakout of the key level make nice pullback. 🚩 As we can see the ICP make something loke reverse head and shouldders and i ghope it make some pullback to accumulate the power before the PUMP. 📊 Preconditions to open the long: 🔥...
#ETH Lower Timeframe Review Not taking in count the Merge hype. We have funding rate in favor of bulls👀 + Falling wedge pattern Two scenarios for falling wedge to play out: 1 We will break right here 2 We will test the demand zone first 📈
Ethereum has gained some strength pivoting off $1424, and breaking through $1547. We are making a run again for $1653, but encountering solid resistance confirmed by multiple red triangles on the KRI. Recall that we are encroaching upon a cluster of resistance levels starting at $1653 and extending through the mid $1700's to $1821, our final target if we are...
Looks like ETH bottmed for while and now consolidating in some choppy price action. As 1560 holds we can see some move to the upside but so far even if will happen looks pretty corrective. First step would be to take highs above 1720 and then maybe final push towards 1820 from where I would like to see some down move to test 1600 area. And if this will hold we...
Hi friends! Push "boost"🚀 , if you are waiting for the Ethereum 2.0 too. I decided to make this idea after the creator of Ethereum Vitalik Buterin give us the strongest long signal 😄 before the merge on or around September 15. Thanks you for your likes and comments. It`s gives power to make the best analysis for you. 🚩 Of course, the half of the title is a...
Again I have something for the longer term, I think we will look again at lower price levels around 400 dollars per ETH
Rose broke the falling wedge on 4h and retest it. my targets are clear. manage your own Risk since no one is going to do so for you. good luck
on the previous idea ,we had a successful short on ETH. but now ,ETH is trying to breakout from this descending wedge with 2 targets around 1700 and 1800. this is most probable since we have a merge coming on ETH and a double bottom on BTC. just wait for confirmation ,and find a good entry! good luck all!
A few days ago, Ethereum started to drop significantly due to Powell's hawkish speech in Jackson Hole. It touched the support line of its 2018 ATH and then started to bounce back. However, there is still some resistance to ETH's flight. "Hope for the best, prepare for the worst", if those resistance lines (blue) are broken due to ETH consolidation, then when it...
Trigger to long with the LGC up after the rebalance. Very well could still come back and sweep the low above $1455. Either way, on for longs until invalidated. Remember, don't be ***
On the H4, with price moving below the ichimoku indicator, we have a bearish bias that price will drop to sell entry at 1559.82 where the overlap support is. Once there is downside confirmation of price breaking entry structure, we would expect bearish momentum to carry price to take profit at 1419.94 where the swing low support, 61.8% fibonacci projection and...