INDEX:ETHUSD has sold off from the recent high down to a critical support at 2406. This support is the 50% Retracement of the Year to Date bullish thrust and also matches with the Ichimoku Kijun Sen. The Support level is also held up by the prior highs of the December 2023 consolidation range. When analyzing this chart to make an opinion if the Support may...
Yes I know it's bullish on paper but here's a contrarian idea to bring some perspective. What's do we see? (follow the numbers on the chart) 1) The high that's the base of the resistance trendline. 2) A breakout structure that presents sellside liquidity (potential target). 3) A major consolidation that gives a lot of sellside liquidity which to me is a big...
Don't panic, this was expected. It's not the end of crypto, it's just a healthy correction that we need once and a while to justify a rally in the future. Price cannot always go up even though we wish it was that easy. What is on the charts? (3 steps) 1) The consolidation that had us wonder what was going to happen. (Again we forget that there is also option...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it first declined to $2170 support level, which coincided with support area. Also, ETH even declined to support area, after which it at once rebounded and rose until to resistance line of channel. Then price made a...
Dear TradingView community and fellow traders, I find the daily chart for ETH to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST Here is why the purple circle is a strong zone to keep an eye on: 1 => Overall Trend ETH is bullish medium-term trading inside the rising broadening wedge in blue and now approaching...
Preface: I'm still bearish on BTC as per my most recent analyses. The ETF launch likely signaled a major top, potentially until the halving. My most likely scenario's are shown below. That being said, I think it's worthwhile to look at the market from different perspectives. In this analysis I'm going to compare the 2016-2017 bull-run with the 2023...
📉 Falling Wedge Alert on ETH/USD 4H Chart! 📈 Technical Analysis: A falling wedge pattern has been identified on the 4-hour chart for Ethereum (ETH). This classic chart formation suggests a potential upcoming breakout, with implications for traders on both sides of the market. Possible Outcomes: Upside Breakout: Given the prevailing trend, the breakout is...
This one caught our attention as well, with a full-scale breakdown happening right now in the local trend zone. We are seeking a breakdown here to take full control of the trend where daily closes and secure that zone. It might be a really good opportunity here, for sure! Swallow Team
While coin has been showing some weakness to us, we are looking here for short position opportunities! We are looking here for a breakdown of that "bullish trend," which has been pushing price towards that upper resistance. If we see a good breakdown, then we can start the climb to lower zones, but if we see another bounce from here, then we suggest to DCA the...
Doge is here with a good possibility of downward movement. After consistent upward movement, the price has reached its end near $0.107, which is now marked as ATH in its current state. After that, we had a nice dump, which started the "weakness" movement, so here we are seeing further downward movement! Swallow Team
bitcoin bullish etf hold hugh qty btc 40000 strong suppport go long buy btc for target 45000
Hello friends, welcome to this ETH update from Crypto Sanders. Chart Analysis:- The cryptocurrency has been forming a falling wedge pattern since failing to break the 2,700 resistance zone. A bullish breakout from the wedge could result in a retest of the 2,700 level, while a breakdown would be disastrous, as the price could drop to the 2,400 level in no...
COINBASE:SOLUSD 📉 Solana Analysis: Descending Triangle Alert! 🚨💔 Hey Solana traders! 🌐📉 Ready for a deep dive into the charts? Let's unravel the current Solana scenario. 🕵️♂️💹 📉 Descending Triangle: 🐻 Brace yourselves – we're in a descending triangle, a bearish chart pattern signaling potential downward pressure. 📉🔻 🧐 Bollinger Band Indicator: Trending below...
As you can see, Ethereum is below the minor extreme OB of weekly chart and according to the confirmation of the lower time frames, it is expected to fall to the range of the major DP Orderblock , i.e. the range of $710. This is my personal analysis and opinion and its not a financial advice
Time for BTC to take a rest and let Alts shine. The moment we all waited for is here in front of us. Giving you a clear chart indicating alts pump
Hello traders, Check the latest Update on Bitcoin. As per mine view the bottom is about to come and we are going towards 50-55-60k soon. A small liquidation game can be done by whales before pump
SEC Delays Decision on Ethereum ETF: Navigating the Regulatory Landscape In the ever-evolving landscape of the cryptocurrency market, regulatory battles have become a recurrent theme. Following the hard-fought victory for a spot Bitcoin ETF, hopes were high that Ethereum and other assets would benefit from a regulatory precedent. However, the Securities and...
I told you about the 'buy the rumor, sell the news' strategy on Ethereum after the Bitcoin ETF approval in the last article We approached the price target of $2330 last Friday, and I believe that was the last dip for now! With the stock market at an all-time high, I anticipate crypto assets to follow suit. Elon Musk is likely to implement Bitcoin, Ethereum and...