The influence of merge activity has already won back its significance, and many people think so. In the short term, we can stay in this triangle, but soon the market will begin to actively close the correction zones.
This ETH coming merge over 7 hours can change the crypto markets on a side of the bull trend :there is a good chance for. It's important to know that there can come new volume since this trend is going to happen. BTC can go into important trends coming time. We will see later what the effect will be.
$SPY #SPY Confluence of the volume shelf & symmetrical triangle support zone. Huge volume gap above, as we have already seen that price can move through, VERY quickly, both ways. Bearish w/ a close below this shelf & symmetrical triangle potential support zone.
Hello Traders LETS fly! Ethereum is probably going up on the release. Everyone talking about a sell the news event, but the sell off happened before the news was release. So its probably fly time. The 4 Hour candle that have just closed signals that the bulls are in control, and we will probably go up from here We hit the trend line for a second bounce, and...
It's not financial advice, just one of many options! Use risk management and don't be a gambler!
Most coins following BTC - BNX is the only coin that since the start of 2022 going on the side of increase. To read more about it check: In the long term, the BNX price does not affect huge as most of the coins when there is BTC breakdown. we have seen more times even if the breakdown is small, the recovery of BNX gets in a small time back, this means more for...
Though it suffered a bearish stint recently, ETH appears to be on an upward trajectory in the broader time frame. The cryptocurrency recently fell to the trendline following reactions to the US CPI data yesterday but has reacted well with the trendline. Buoyed by the upward-facing line, Ether currently coasts around the $1,600 low support a few hours to the...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this ETH update. ETH is forming an ascending broadening wedge pattern in a 4hr time frame which is generally a bearish pattern. After a few hours, the ETH merge event is going to take place and IMO this is the sell the news event. Still, for confirmation, ETH needs...
Ethereum still trading around the resistance line.
BTC will drop to 18.5K , instructing my boiss to get their shorts ready.....
After Awful CPI data and projected 100BPS Raise next week the trend continues to be the same
LUNA looks like it has completed the head and shoulders patter I spoke about in my last chart and has broken below the neckline of this massive pagoda. This is not good and it can bring Luna down hard to possible lower lows if the drop is extended. I am seeing a correction to at least the .00012 area on a measured move of the cup and handle on the lower degree...
If you read my previous post on ETH price action, you're already familiar with this channel. I'll leave the link here : Now, What's next? Well, the plan is the same. Ideally we want to form a local bottom here, to cement our downtrend reversal. If we succeed on this, most likely we will go back to 2k in no time. If we fail, then the pattern would invalidate...
Taking into account the information hype surrounding the Ethereum Merges transition from PoW to PoS in 16 hours it is difficult to predict where the ETHUSDT price will start to move after the transition. It is predicted that the annual emission of ETH will amount to only 0.3%, and a significant decrease in the market supply affects the growth of the price...
TBH Traders, Ethereum is not looking good right now from a technical standpoint: #1 - Still haven't reached the target down area from the larger H&S pattern #2 - Trend is still overall downward #3 - Inverse Cup and Handle Pattern now formed We are currently sitting on critical support which is also the neckline of the inverse C&H. If that breaks, target down...
Bad news is actually Good news. After every negative event there was a dump and pump. ETH price outlook for The Ethereum Merge is looking bullish to me. 2700 is possible.
Hi friends! Matic is make the biggest performance among other altcoins. But after the Inflation rate announce, it`s make a pullback to the global trendline. Even the announcment of the partnership between the Polygon (MATIC) and Starbucks don`t PUMP the price . This mean that the big buyer is waiting for the better price and don't want support the price to buy...
Hello trader👋 Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ 📌 Guys, I want to update the last #SOL idea 💡From the last signal, it turned out to take 16% (without leverage) at the moment, the asset is due to the #btc dump, go again to test the $30 interest zone ▫️I set the grid of orders again, like...