🔍Today, we turn our attention to Ethereum (ETH), which has experienced a sharp decline following previous analysis due to escalating tensions between Israel and Iran. Short-term impacts of this potential conflict could lead to market downturns, necessitating a higher timeframe analysis for optimal long positions. However, historically, wars tend to drive up prices...
Zoom out on COINBASE:ETHBTC to reveal an H/S inverted that hasn't yet hit TP 1 or 2 and is re-testing its breakout. For a more conservative set of targets (purple), it consolidated around TP 1 and is now re-testing its neckline. Conditions for success: remain above the yellow and/or purple necklines.
ETH is trading at support right now. An hold here could catapult the price back to 3.5k. A loss of the 2.9k level could instead bring the price down to 2.7k before a recovery. Geopolitical situation doesn't help. Be careful with leverage.
Is this move a surprise not really if you been following my Chainlink ideas. Published in February warning traders that giant rising wedge had formed and the target of that wedge is back to the top of the massive range at 8-10 dollars. March 18th we got a bearish cross the MACD , this was another signal of things to come. On the LINK/BTC we can see that we...
Let’s first have a look on the current U.S. macroeconomy. Last Wednesday, the U.S. Department of Labor released CPI data for March. While the predicted value was higher than the previous value, the actual value was higher than the predicted value. This also means that the CPI will be worse than expected in the first four months of 2024. BTC and US stocks fell....
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The price is located near 0.5 (3097.94), falling below 3321.30. If it fails to rise above 0.5 (3097.94), it is expected to fall to around 0.382 (2647.80). If the price remains...
Hello everyone, let's look at the 4H ETH to USDT chart, you can see how the price is moving in a downtrend channel, from which exiting at the bottom could result in a strong downward movement in the height of the channel itself. Let's start by setting goals for the near future that we can include: T1 = $3,327 T2 = $3,622 T3 = $4,104 AND T4 = $4863 LONG TERM Now...
Seems the triangle i posted a week ago was the thing to follow, but we saw a failed breakout, even before the sudden dump we had this weekend. Glad i am still mostly on the sidelines here :). Long story short, also not sure what it will do, the ABC i mentioned weeks ago (drop to 55/60K), could have finished already with that dump this weekend, but could still...
As clearly seen in the chart, CRYPTOCAP:ETH is about to test a major resistance zone. Declination will be terrible. Daily closing above 3500$ will be great.
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Not sure about precision but #ethereum #ETH may do something like this? Before this move, minor bounces are necessary. Reclaiming the triangle is the invalidation. Not financial advice.
If you haven`s sold ETH at $4100: If you're not already aware, there's a potential double top emerging on the daily timeframe. While it's not bearish just yet, it could be heading in that direction soon.
Hi, Still having in mind - buy the dip. Maybe the low has already formed but I would be interested inside the shown box. The dip consists of quite a few criteria: 1. Equal waves 2. Channel Projection 3. Mid-round nr. $2500 4. The trendline 5. Daily 200 EMA 6. Strong horizontal price level Good luck, Vaido
ETH is bearish for short term in daily and 4h hourly timeframe, bearish trend may continue for few days. First target 3000 Second target 2850
DOGECOIN (DOGE) has broken ascending pattern and also broke local support. DOGE is currently trading below its support. SELL OR SHORT position can be taken.
#USDTd 's bullish flag played out and dangerously targeting higher which devastates #altcoins #btc #eth all #crypto Not financial advice.
Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price a not long time ago traded near the resistance level, which coincided with the seller zone and soon broke this level and rose a little higher but soon turned around and in a short time declined to the support level, breaking 3550 level again. After this,...