**Bought BTC and ETH** Bitcoin broke through consolidation on h4 up and is now retesting fibo resistance, which is likely to break. That's why I decided to buy back BTC and ETH, the target remains the same and depending on how the chart reacts in the next few days we will have a short stop indicated below: BTC: Entry: 24,050 Initial target: 28,590 (23%) Initial...
#ETH BTC is not looking good, so placing a bet on this bounce or flip is also placing a bet against the correlation. pray.
Will the wedge pattern complete this week and should we expect a drop?
in the previous prediction i said it was wedge pattern and i predicted short strategy ,i am predicting now the short strategy is continue and it will fall to the 1348
Ethereum has fallen dramatically lower after first rejecting the $2K's. After that, the $1800's seemed to hold well, but recently have given way to the upper $1700's. We anticipated this yesterday, and noted that there is a cluster of levels beginning at $1748. We should have strong support beginning here. The last of these levels is $1653, which we expect to...
Hi friends! Today BTC fall for 6% that push the price of altcoin lower also. As you can see on the chart, the FTM can make some pullback after reaching the support area of $0.23-0.29. The target to pullback will be another value area which become the resistance. It`s the $0.335-0.37 value area. At the pullback we have to pay atention to the volumes. Also this...
---- Short-term Analysis for the next coming days - Based on 3H Chart Basis ------- ETH/USDT: Intermediate pause before test of 2170 Context - The ETH challenged the key tactical resistance (bypass) at 2170 - level to surpassed on the mid-term in order to validate a further bullish potential - The ETH is expected to merge (13 to 15 sept in paris) - Timing...
ETHUSD next 48-72 hours Move Ether will go above $1980 in next 48-72 hours Currently $1876 Its not a Financial Advice Regards
Imo these two channl are now in play with target around 1600 usd.
I think this uptrend isn't over and after correction we will move up to start blow off top around begining of september. For now I think we will consolidate below trend line with target around 1600 usd. If this hold and after we will keep creating another higher lows then I think the channel will remain legit and we will go to the upper band pretty fast. We had...
Anything that moves too fast never last. I have a feeling ETH, and the rest of the market will be pulling back soon. Just a feeling.
DOM and Footprint are the tools which i use to identify the BIG orders from which the price can bounce. I marked 2 vallue areas on the chart which can become the support for the price and the whales orders expected: 1. $1700-1800 - now the ETH inside this value area. If whales orders apear i`ll open trade with the short sl 2. $1450-1570 - closest and the last...
A buddy nudged me about this idea, and I do see downside for ETH. That is a significant trendline that price has broken, now PA is below the EMA's with a classic "Bear Flag" on the 1H chart. In theory; the height of the flag pole should break to the downside at an equal distance. - in theory - It is important to mention, the engulfing candle.. a classic...
The MANA 74 Cent level is the strongest support. It is a coin that has spent a lot of time here in the past, then flew away with the metaverse current and came to the same levels again. Level 94 is unfortunately broken. Currently, the 84-74 range seems to be an ideal accumulation area. From this range, preferably close to 74 areas, the risk-reward ratio will be...
ETHUSD. The analysis is based on the Elliott Wave Theory. The price is likely to continue moving downward to the previous level before we can see a upward trend continuation.
FIL came out of the perfect accumulation area and made a very nice bonus. The range of 5.1-6.25 is an accumulation zone for the elephant that lasts for weeks, and support is very strong in this region as resistance. It can now create a new accumulation area for itself. The range of 6.25-8.5 may be the new accumulation range. However, 5.1 level, which is the...
Hi Traders, This breakdown could be a false breakdown. As you see on the chart, Ethereum might bounce from here. We still have a lot of time until Merge, and anything can happen during this time. I think eth still needs to complete one more leg up before the real correction. Please hit the boost button if you agree. Thanks.
Appears to be a bearish symmetrical triangle on the 15 minute timeframe. Can also be seen on smaller timeframes and up to several hour timeframe. Hoping for a breakout at 1840 for short position. And take profit around 1740 area. Anyone else seeing and expecting this to play out too? :D