Using the MACD on this monthly timeframe we can see a clear cross allowing bullishness on the monthly timeframe for ETH Just another example of why the market should act very bullish currently. MACD is a great indicator.
The bullish activity is evident when you take a look at the descending RSI on this daily timeframe, while the price is moving up. This is a huge divergence and I expect the breakout to be massive The curved pattern in green is where I expect the breakout to occur, which it is very close to.
Ethereum (ETH/USD) is falling towards a support level which is a pullback support that is slightly above the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 2,982.64 Why we like it: There is a pullback support level. Stop loss: 2,865.45 Why we like it: Thee is a pullback support level. Take profit:...
This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful...
Ethereum (ETH/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse from this level to the 1st support. Pivot: 3,082.23 1st Support: 2,963.76 1st Resistance: 3,181.69 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose....
Over the last week or so I've made a few posts on Bitcoin's inverse head & shoulders pattern, which is a bullish reversal pattern. In my initial post below I expected the reversal to come in earlier, but apparently we first had to go down more before the right shoulder was completed. As of now, the H&S pattern is confirmed (unless we dump in the next ~30 min)....
🔍Today is a crucial day for altcoins, as they have reached significant support levels. The market exhibits clear signs of buyer weakness, with selling volumes substantially outpacing buying volumes. Given these conditions, short positions are more favorable. The focus of today's analysis is Ethereum (ETH), the leading asset in the DeFi space that continues to...
by the Politicians, Talking heads and Bankers. Governments can only Tax, Borrow & Spend Central Banks can only Print & Lend. If this index were to rise by the average of 43% You are looking at the CPI Index hitting 372 by Jan 2030 There is every likelihood this decade, will be a higher than average inflation rise. You must save in scarce Assets #Gold &...
Hello TradingView Family / Fellow Traders, 📦 ETH has been trading within a big range around the $2,800 - $3,000 support in the shape of a flat rising channel. Currently, ETH is hovering around the lower bound of the support and rising channel. As long as the $2,800 support level holds, we expect the bulls to kick in soon! 📈 For the bulls to take over and...
DCA with 6 enters and 3 exit to get up to 500% as a profit
Hi folks today I'm prepared for you Ethereum analytics. A not long time ago price some time traded in the resistance zone, which coincided with the resistance level, and later tried to rise, but failed and in a short time declined the lower 3150 level. After this, ETH rebounded up to the trend line and then made a strong impulse down to the support zone, breaking...
Price has just bounced off the support level which is a pullback support and could potentially rise from this level to our take profit. Entry: 2858.89 Why we like it: There is a pullback support level. Stop loss: 2728.02 Why we like it: There is a pullback support level which lines up with the 78.6% Fibonacci projection. Take profit: 2992.94 Why we like...
Ethereum (ETH/USD) is falling towards the pivot and could potentially bounce from this level to the 1st resistance. Pivot: 2,863.34 1st Support: 2,744.38 1st Resistance: 3,048.22 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Trade Overview: ETH's current support area has remained strong over the past week, presenting an opportunity to enter a long spot trade. Trade Setup: Entry: Ladder into the trade between $2,850 - $3,050. Take Profit: Set profit targets at $3,400 - $3,700 and the next resistance area at $4,100 - $4,350. Stop Loss: Place the stop loss just below $2,800 to manage...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose to resistance level, which coincided with resistance area. Then price broke this level and rose to resistance line of channel, after which it bounced and started to decline. In a short time, ETH declined to...
U.S. CPI data for April will be released this week, and the market expects that CPI will fall. After weak employment data was released earlier this month, assets rose, and BTC also rebounded sharply at the time of the release. Therefore, if CPI data can further confirm the role of current monetary policy, then the market correction may end. On the other hand, the...
ETH/USD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 3,048.17 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 3,126.45 There is a pullback resistance level which is...
Keep an eye on these down sloping trend lines as well as these horizontals before you get overly Bullish on this bounce and or watch them as areas your playing the bounce to. Until proven wrong and or Big enough move on volume to really jump above these and then back test and turn the $3400 range into support we are still just going DOWN. Playing these levels...