Hello to all my trading friends, I had an analysis on Ethereum that I wanted to share with you, if you agree with this analysis, then BOOST me so that it can be seen more. Mean while, I did this analysis in the style of Mr. L. Brooks
DISC ON. This is not a signal or an invitation to buy and sell. This is my analysis that I share, how far is my analysis. If you want to follow the analysis, I'm at my own risk Do Your Own Research
DISC ON. This is not a signal or an invitation to buy and sell. This is my analysis that I share, how far is my analysis. If you want to follow the analysis, I'm at my own risk Do Your Own Research
Ethereum found support at $1547, as we anticipated. We saw a lot of green triangles from the KRI on this level, confirming support. Subsequently, we pivoted back to the $1600's where we first saw resistance from $1653. There is a cluster of levels above that should provide resistance, and we are currently in the thicket of them. These start at $1694 and end at...
Looking at our wave 1 down, the micro wave 2 was shallow so I would expect the alternating wave 4 to be deep which we are getting now. However, I do not want to see ETH trade above 1731 as it would start to put this count jeopardy. The rules of Elliott Wave dictate that waves 1 and 4 cannot overlap to remain impulsive unless in a diagonal. Granted the wave 1...
Currently at 1700$ resistance, assuming it will go down, Merge will be sell the news event (everybody already knows about it), 1200$ level is very important, losing that and ETH will test around the current lows and there is even threat of 600$ if things get really bad.
#ETH Watching carefully a new retest of this important level that could influence how the merge will go If reclaims it, then aiming for 2k+ targets rejection on the other side and it might drop back to levels from June ⌛️
Hi friends! UNI is the most profitable altcoin of the last 1-2 months. I think this trend will continue and we will see new highs soon. This crypto platform keeps growing and a lot of buyers will support and push the price higher, when the pump happen. 🚩 Now the price of UNI is inside the $6.75-7.30 support area. 📊 Here the preconditions to open a long: 🔥...
A good buddy gave some heads up about MARA, and we had a short discussion about MARA. He mentioned that MARA and Crypto had some relationship and I was a little skeptical that MARA would be close enough in relation to crypto, and also wondered if there was any relationship, what might it be. So, from purely a technical perspective, I pulled up MARA and overlaid...
Ethereum Intraday We look to Buy at 1644 (stop at 1603) The sequence for trading is higher highs and lows. Previous support located at 1650. There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 1715. Preferred trade is to buy on dips. Our profit targets will be 1746 and 1789 Resistance: 1700...
Hi friends! In this idea we compare two famous indicators: 1️⃣ Pump Tracker daily indicator 2️⃣ Hash Ribbons indicator which is famous among the retail traders and some newbies at crypto trading For the experiment we will take the amount of money that is available for every trader. We will use $1000 to compare profitability of 2 indicators. 📊 PUMP TRACKER...
The main comment about crypto's marketcap is already published under the TOTAL analysis, but here we can see that VolumeTrend is reversing up and Momenter has signaled a reversal in Momentum. Bullish for now.
BingX’s Bitcoin Chart According to the OKLink data, Ethereum miner addresses have transferred more than 317,000 ETH since August. Bitcoin is up 1% over the last 24 hours and rose to an intraday high of $21,900.00. The largest cryptocurrency has been trading in a tight range between $20,800 and $21,500 since 19 Aug, indicating the demand dries up at higher...
Ethereum | A Short Term Perspective Ethereum Developers have officially confirmed September 6 as the date of Ethereum long anticipated transition from proof of work to proof of stake already known as the Merge. The merge will be split into two upgrades called Bellatrix and Paris. Bellatrix is timed to occur on September 6 and Paris will be triggered sometime...
ETHUSDT has formed a double bottom and also an inverted head and shoulder pattern on the 1hr time frame Wait for a 15 mins candle to close above 1694. Buy Stop order can be used with stop loss of 1621 and Target for 1:1 (1763) and 1:1.5 (1798) risk reward ratio Disclaimer This is for educational purpose. #TrendAnalysis #delta.exchange #Binance #Trading...
We talked about the wide trading range before and warned you to don't buy at the top of it five days ago. The BTC price had a pullback in the last five days, but this price level couldn't enhance the price so much. So probably we have a second leg that you can enter after the bearish key bar.
On the H4, with price breaking out of an ascending channel and moving below the ichimoku indicator, we have a bearish bias that price will drop to the sell entry at 1642.25 where the pullback support is. Once there is downside confirmation that price has broken entry structure, we would expect bearish momentum to carry price to take profit at 1357.12 where the...
Hello fellow traders! Yes, we have been on a bearish run for some time, but it seems like the crypto market is trying to pull back.....and its showing. As you see, ETH has been on this slow progressive positive run, riding this channel perfectly. This momentum can lead to a big positive bull run soon or the complete opposite. ETH is looking good and steady...