The market started a new round of rise after digesting the reduction of GBTC holdings. Even after the release of less-than-expected U.S. CPI data for January, the market only called back slightly and continued to maintain a strong upward trend. Although the max drawdown of BTC in this bull market has always remained at 25%, which is much lower than the level of...
Now that bitcoin has fallen below $30k, this may be a hard reality to accept. but if bitcoin wants to hit $100k, btc must have a strong push or footing below. I see there is a rising wedge patter pattern that occurs in bitcoin. A rising wedge pattern after an uptrend usually leads to reversal ( downtrend) while a rising wedge formed drig a dowtrend typically ...
While approaching the 30% target with a 9% stop, we are entering areas that increase the likelihood of a correction. The price correction could continue down to around $2670; exercise caution if considering buying.
Hello everyone, I invite you to review the ETH pair to USDT chart, also on a one-hour time frame. First, using the yellow line, we will determine the downward trend line from which the price moved sideways and then started a strong upward trend. Let's now move on to laying out the trend based fib extension grid to determine resistance locations. However, here we...
I got a little experimental with the Bitcoin chart after seeing such a strong correlation on cycle one of Litecoin and this cycle. (I did an analysis on this exact this for Litecoin Ill past the chart below). Bitcoin and Litecoin cycles are playing out almost exactly the same as their previous cycles. As you can see in the chart Bitcoin from the time it came...
I am closely watching BTC and ETH for the run-up in 2024. I prefer to invest my money into ETH and stake for Steth or ETH rewards from Lido or Gemini. Currently, look at new targets at 1.618 for both charts. This is the beginning of the real upside before seeing any downside. Accumulating ETH at these levels. No one is watching Ethereum as much as BTC and some...
ETH - Trading plan Coin pumped well How to trade it in such a strong trend? when can take trades against a trend?
Hi guys, this is my overview for EHTUSDT, feel free to check it and write your feedback in comments. Some days ago price traded near support level, which coincided with support area, and then made upward impulse to resistance line. Reaching this line, ETH declined to support area, where soon bounced up, making fake breakout of $2210 Then price rose to resistance...
I' ve spotted the target. The chart looks bullish. NOT FINANCIAL ADVICE.
AMEX:ARB / CRYPTOCAP:BTC pair is looking so strong and about make 3rd impulsive Elliott Wave. NOT FINANCIAL ADVICE.
ETH weekly closed above $2500 with bullish candle. bullish bias with ETH, as long as price above $2500. next resistance is $3400 - $3600. DYODD
Bullish cup and handle pattern is processing... I always said: Arbitrum is undervalued. NOT FINANCIAL ADVICE.
Here's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
ETH/BTC chart indicates that we have some more ways to the downside in ETH BTC valuation. I will be accumulating under 0.045 level. We have a blood diamond on the weekly chart. If history repeat itself, it should take us down to the golden pocket zone below 0.045 level before gaining enough strength to go higher. This aligns with the BTC.D action in the near term...
I invite you to a quick preview of ETH to USDT on a one-hour interval. As you can see, the price remains above the local downtrend line. After unfolding the Fib Retracement saitka, support is visible at the level of $2,782, while the level of $2,718 is still important. Looking the other way, you can see an important resistance zone from $2,836 to $2,868. The...
WLD keeps performing extremely well and has made a new ATH as of this morning. Bulls are definitely winning here. On the other hand, WLD is approaching a major area of resistance, the area from the all-time high to the yellow top resistance. Bulls should be on watch. Still, with the trend being so strong I wouldn't be surprised if WLD gets through this area in...
Hi all. Timeframe 1 week. ZENUSD is globally in an ascending channel, consolidating at support. I consider going long during a breakout/retest of a trend line. Marked key levels and goals on the chart.
The target for Ethereum at around $2,800 has been reached. Now, I believe it's essential to be extremely cautious, as a significant correction could occur. Target around $2,400. CRYPTOCAP:ETH #ethereum #eth #ethusdt Now let's look at how Litecoin has fallen on the daily chart and where it stands on the Liquidation Heatmap, and try to compare it with Bitcoin...