On the 2 weekly timeframe, we can see that Bitcoin is currently in a correction. As we've got 5 waves move down for wave A, we can assume its a 535 zigzag correction. We are currently in the midsection of Wave B and are expecting a push up very soon! Stay tuned for more updates and lower timeframe breakdowns. Goodluck and as always, trade safe!
I think the cycle will go like this. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price is trying to stay on the local uptrend line. Let's start with the support line and as you can see the first support in the near future is $1646, in case of a support break the next support is $1633, $1613 and $1589. Looking the other way, we first have...
Hello traders, I want share with you my opinion about Ethereum. By observing the chart, we can see that the price some time ago traded in the seller zone, which coincided with the 1840 resistance level. And soon it declined to this level, broke it, and made a strong downward impulse below the 1640 support level, which coincided with the buyer zone to support line...
#crypto und Ethereum Game over or to da moon - September will show. But as of the September is usually a month after vacations when everybody taking profit to cover the depts of Summer, the most possible scenario is RED
I believe it's a decent short setup. My stop loss will be above "KEY" level. it should not touch there if it's gonna fall.
ETH game plan in the event of a bear scenario until the end of the year until March 2024 including targets, if this was an ascending triangle and I measure it correctly, we break the long-term trend line and go to test lower values below it, a little panic is needed before the next bullrun that is, on the assumption that the bearish scenario will continue more...
Hello everyone, I invite you to review the chart of ETH in pair to USDT, also on an hourly interval. As we can see, the price is moving along the local downtrend line. Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the supports, and as you can see we first have a support range from $1628 to $1601, a second support...
Hi folks today I'm prepared for you Ethereum analytics. Some days ago price bounced down from resistance 2, which coincided with the resistance zone, but soon it rebounded back and even rose higher. Then ETH fell lower this level again, some time traded there, and later made impulse up, thereby breaking the 1920 resistance level again. After this movement, the...
Exactly like Btc, also Eth is "not feeling well" and in the medium term, we could see more downside. However, at this moment, also here we could see some correction and short-term traders could take advantage of this. Looking at the Eth chart we can see that yesterday's drop is in fact a higher low referring to the 18 Aug low, which adds to my bullish bias (BTC...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 1900 and ~2200 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on...
CRYPTOCAP:ETH bounced off the support level. Bullish movement to resistance level at $1814 is expected to happen
Since March 2022, Bitcoin has exhibited a persistent pattern of lower lows and lower highs, indicating an ongoing bearish sentiment. Notably, recent price fluctuations have repeatedly failed to breach the 32,550 resistance level, which had previously served as a support zone. Instead, the price encountered this zone twice in retests before resuming its downward...
Ethereum analysis in one hour time frame It has reached a good buying area and according to the chart we have a declining triangle and a good support level. If you see the confirmation candle, you can apply for a long position similar to the offer.
Hi Traders, Investors and Speculators of Charts📈📉 One of the most important parts of trading is following the macro phase and planning your trades. The only way to do this, is to pre-identify the macro market cycle that's currently playing out. Why am I reminding you of this? Well, because despite the recent liquidations, we are still in a CRYPTO BULL...
Ethereum (ETH) technical analysis: Trade setup : After a bearish breakout from Rising Wedge pattern, price also broke below $1,800 support area and 200-day Moving Average. This puts the Uptrend at risk. Near-term, price is very oversold (RSI ~ 22). Hence, we’re likely to see a bounce up near-term. If it regains the 200-day MA, that could signal uptrend...
Binance is shaping up really nicely. We are in wave X correction = 335 flat correction. Looking for wave C now. We may break below the structure in which case it will be an expanded flat correction. Entry will remain on trendline break. Trade Idea: - Entry on break of red trendline - Stoploss below the lows after trendline break - Targets: 300, 395 Goodluck and...
Following our higher timeframe overview, here we have the 2D analysis. We are currently being contained within a channel and looking for one more move higher to complete the overall correction. Trade Idea: - For a risk entry, watch for break of orange trendline and enter with stops below the lows - For a safe entry, watch for a break of the red trendline and...