Sure, here's a concise explanation of demand and supply trading in four points: 1. **Identification of Supply and Demand Zones**: Traders analyze price charts to identify areas where supply and demand imbalances occur. Supply zones are where there's an excess of sellers, causing prices to fall, while demand zones are where there's an excess of buyers, leading to...
ARB broke through the ascending trendline after the failed attempt to break through the resistance level. A decline to $0.92 is expected to happen
ETH made it's way back to the uptrend line on ETH/BTC. Likely a good opportunity to buy ETH.
Currently on a sideway trend support which started since May 2021. I see two likely scenarios; 1- Going further down to the green support line which is almost a 3 year support. There seems to be a good crossing point of three different supports which I tagged with a price label. It could touch there one last time before starting its new run. 2- Bounce up from...
📉Hi Traders, Investors and Speculators of Charts📈 ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern. Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick...
📊 Analysis: Daily Chart Support: Ethereum (ETH) is currently trading at a support level on the daily chart. Entry Range: Consider entering the trade between $2,850 and $3,050. Profit Targets: Aim for profits at $3,400 - $3,700 or $4,100 - $4,300 resistance levels. Risk Management: Set a stop-loss just below $2,780 to manage potential losses. 📈 Trading...
While Bitcoin rose to new all-time highs this year, many altcoins seem to lag behind it, showing a somewhat similar dynamic to that observed between large-cap and small-cap stocks (where large and well-established companies managed to recover in the past year or so while their smaller counterparts have been struggling). In addition to that, it is often overlooked...
I invite you to review ETH on a one-day interval. Let's start with the current rebound, as you can see the price has dropped to the first buying zone, and when BTC stays above the $60,000 level, we may see prices rebound in the coming weeks. Next, we have a defined purchasing level 2, and then another very strong zone for price fairization, but I do not expect...
To date, the trend of the new quarterly candle is swinging and the market is still quite sleepy. Coin rollbacks continue, which can reach 30-40%, as I wrote earlier. The quarter opened above 3600 on the air, which in the future gives a technical signal for an attempt to continue the medium-term trend up to the 4500 test. Due to the positive opening of the quarter,...
This week we are passing the middle of the month and it is time for attempts to turn monthly candlesticks into bullish ones for individual coins. VIB still has extremely high potential with medium-term goals up to the 0.25 test. Today, the momentum for the month's reversal immediately passed, but these are only the first investments for the upcoming trend. On the...
Normally I don't look that much at moving averages because they are largely lagging indicators. However, sometimes the indicator shows a strong divergence. As seen on the chart, the 200 EMA has offered strong support on the way up, but has now caused a strong rejection, making way for the bears to push the price further down. Like mentioned in the analysis...
Hi folks today I'm prepared for you Ethereum analytics. If we look at the chart, we can see how the price some time ago started to trades in consolidation, where the price in a short time declined to the resistance level, which coincided with the bottom part of the range with the resistance zone. After this movement, ETH some time traded near this level and then...
ETH has clear target that's it's ATH. First green dotted bars are places to cosnider LONG position on futures with targets for recent heights or even ath. Solid green bars are the places to set BUY orders. The best place to buy is in high time frame double imbalance (BPR/purple zone) but it's a bit far for the price. BUT Remember that the chart can do anything
On the appearch of the TOTAL crypto chart the 10 day moving average and the 50 day moving average are crossing. The 10 day line is crossing over the 50 day, as in going under.
ttwo options as proposed in my graph based on the movement of Ethereum. It appears Ethereum has chosen to go through the red door this time around. Or, if it was because of Bitcoin so be it. When people refer to the news and justify financial actions based on those news events I tend to see those associations as flaky at best. The price of crypto was stated based...
Bouncing off from lower high perfect for long scalp
Cheap lottery tickets - 200M $ market cap inevitable Target: $0.00717682 (11x) STOP: 0
Entered CRYPTOCAP:ETH scalp, I dont expect a new ATH, expecting a dump around halving... #trading #ethereum