Eth has approached a trend where it can make a breakdown and go down I'm waiting for the bottom to break through Goals 700
Over the last day, ETH whales purchased over 150 billion SHIB. Another positive for SHIB is that nearly 62 billion SHIB tokens were burned over the last day and moved to a dead address. This means that these tokens have been removed from the circulating supply which could lead to an appreciation in the value of SHIB. According to Shibburn, the burning of these...
Falling wedge. False breakdown. Then flag and V recovery. Very likely this is the bottom.
Resistance held in at upper long-term trendline causing enough sell momentum to drop price back within pattern. Support should be noted at the uptrend average (dashed) and 1150 critical, and a potential breakout could occur soon between the two blue lines (resistance + uptrend). Another bottom is still possible so remain cautious when trading and look for flips...
Took a short on ethusd after testing 2hr ob. SL above the highs and Tp 45m ob.
Bullish breakout supposed to be expected bit failed breakout and the sell off doesn’t seem to be over as we thought it would. Technically 700-800 support isn’t strong enough .. when you look at the chart 500- mid 600 has the strongest support area. If you are still in a buy please secure your profits immediately. Safe trading and this isn’t financial...
We can see Ethereum (ETH) gained buys from $883.70, am still anticipating for it to the base of the triangle at $1,688.39 and book 45% gains.
As I was studying charts I saw this set up happening .... Eth started the PURGE at 7:30. The Low Was set thus giving us a double bottom on the lower TF's. I immediately jumped to the Higher TF and saw this set up. 8am DOUBLE BOTTOM BUY to fill half or all of this imbalance. Never over leverage. Trust your trade set up. Have fun! I AM: Pro Trading Made Simple
If something bad happen we can see lower price . This is my personal opinion and not a financial advice. Enter the deal with extreme caution in these few days. Do not forget capital management.
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Early development of MATICUSD can be compared to early development of ETHUSD Creative Idea
According to my SYSTEM, The price has an upper target before it continues the last wave. The correction could be more than the one mentioned as the falling wave too.
Great time to accumulate some Ethereum. Once eth merges into proof of stake and we get more clarity in the market eth will take the number #1 spot from bitcoin. During the 2022-2023 Recession I can see Ethereum dropping between $350 and $700, coming back strong on early 2024. Once eth breaks above $6100 I predict eth bottom will be around $2900. For every 15 to...
ETHUSD has shown an interesting RSI, it is at its lowest point ever The previous comparable lowest point was the bottom of the bear market, using this we can infer that the bear market will end close to the 200MA in yellow Whats interesting is the prior bear market lasted a very long time compared to the one we have recently seen
Price held with a small but steady bounce right at the 300W MA---a support many Market Markers have been eyeing since the 200W MA was broken in BTCUSD. ETH showed an even stronger interaction with the 300W MA support. As well, we see a Bullish Engulfing Candle at the bounce, which has also appeared in BTCUSD, signalling a reversal. This is a promising signal for...
Multiple things to do with this pair 1. Buy and target the black box . 2. wait for price to arrive to the black box /supply and see how it reacts. 3. Price can break supply grab liquidity and continue down. 4. Price can break and retest. 5. My least favorite is that price just rejects supply. I see all supply and demand as liquidity waiting to be taken, but...