Ethereum / Bitcoin Spot
Hello TradingView Family / Fellow Traders, As per my last analysis, ETH rejected the $3000 support and traded higher. What's next? Scenarios: 1️⃣ Bullish - Continuation For the bulls to maintain control, a break above the $4,000 - $4,100 is needed. In this case, a movement towards the $4,500 resistance would be expected. 2️⃣ Bearish - Correction...
With a recent analysis of the #Bitcoin chart in the weekly (logarithmic) timeframe, we can see that the price has once again succeeded in returning above the $70,000 level. As I have mentioned multiple times in recent analyses, I am expecting an explosive move from Bitcoin soon, with targets of $77,000, $85,000, and $100,000, respectively! Main Analysis : ...
The cup and pullback pattern is formed. Heavy accumulations of whales (including okx wallet) At least 1000% profit in two months. Let it be remembered
By analyzing the #Shibainu chart in the weekly timeframe, we can see that since the last analysis (2 years ago) until now, this cryptocurrency has grown by more than 350%. This growth is mainly due to two consecutive weeks of pumping, which caused the price to rise to 0.000045. Currently, the price is trading around 0.000025, and I expect that with stabilization...
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
A lot of bullish confluence at the moment for ETH ☝️Do not act based on my analysis, do your own research!! Learn from my experience, with all the mistakes and pain shared on the way to the main goal - consistency. I'm always glad to discuss and answer questions. ⚠️ ALL videos and ideas here are for sharing my experience purposes only, not financial advice, NOT...
I see lot of greeds around ETH, and i think we can see something similar as the BTC ETF event. A shakeout and a drop can likely happen, and it would be a gift if the price can drop till $3.300, a level that looks solid for a possible bounce. Main trend is bullish and actually there are no reason to look for a short
The bullish reversal in the Ethereum price trend from the $2850 mark leads to a falling wedge breakout and completes a rounding bottom. With a neckline at the swing high of $4000, the altcoin is preparing for a breakout rally. The bullish trend continues in ETH price with a 5% surge within 72 hours, potentially completing a triple white soldier pattern today....
While Ethereum looks bullish over the longer term, price would need to break above the two lines of resistance for the chart to stay bullish. If price rejects here, we risk a double top which would send price back to the low $2000s. I'm leaning towards a rejection as the base case here as sentiment is pretty extreme to the bullish side. Let's see what happens...
Waiting on entry confirmation to short #eth. Target is $3700 based on head and shoulder which also aligns with another confluence however I'll be looking to exit earlier at $3750 support. I'll update when I enter(Likely 1:45 pm to -2pm). Anticipating an impulse quick drop...doesn't have to playout that way though Short setup invalidated above $3900 Also....
Short-term targets are at $4168, if we see a price drop to $3517, the low of wave 4, this forecast will change. More discussions on cryptocurrencies in the closed channel.
That we can expect new High's on this ratio But not to expect the kind of run that ETH experienced last cycle obviously . Going from $88 to near 5K was a barn stormer of a Bull run a 50X !!! If this continuation head and shoulder plays out The linear projection would give us a 7.5X Whilst the log target suggests 18x A match for what #BTC did last cycle ......
Eth appears to be at resistance and also I’m seeing some unusual amounts of eth being transferred to exchanges. Personally looking for price to move towards 2100-2500. THIS IS NOT FINANCIAL ADVICE
ETHBTC holding key support within long term range and pennant building since 2017-2024 Monthly bullish engulfing candle closing in few days. Heikin Ashi monthly doji is also closing in May. The RSI is also starting to break the downward trend. This looks like an incredible setup. Are you positioned?
This is going to be the most profitable trade of the year sponsored by BlackRock. The narrative and the technical aspects are all too obvious at this point.
Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 3,752.5. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
The pattern of the cup and handle is clearly visible. I expect growth according to the depth of the cup. Be aware of this currency prone to growth. Community Verified icon