Hello to all ETHUSD traders, what are your thoughts on it? So far, the price of Ethereum has outperformed Bitcoin. Meanwhile, the emergence of BTC spot ETFs has significantly impacted the market, with billions of dollars flowing into Bitcoin spot ETFs. If Ethereum spot ETFs are approved, Rasmussen predicts a similar demand for Ethereum spot ETFs, which could...
Dear readers, at the beginning of the new trading week, ETHUSD shows a slight decline, currently trading at 3101, highlighting a 0.35% decrease for the day. From the chart, we can see that ETH has broken out of the symmetrical triangle on the weekly timeframe. It is highly likely that the price will continue to increase in the medium term, and I expect ETH to...
Hello everyone, let's create a strategy for the new day together! Overall, XRPUSDT has experienced a significant price increase, breaking out of the previous downtrend at 0.562. It is currently trading at a new high of 0.589, marking a 2.66% increase for the day. With the potential formation of a DOW pattern on the 1D chart, the price has reached excellent...
Hello everyone, let's delve into an interesting strategy about the SOLUSDT market today! SOLUSDT has experienced a significant breakthrough, surpassing the resistance level of 126.09. It is currently trading at a new high of 129.83, after reaching a milestone of 137.82, marking a 0.38% increase for the day. It can be observed that with the ability to form a DOW...
Hello dear friends, let's embark on a fresh ETHUSD strategy with me today! Today: ETHUSD reached $3432 and is operating well within an ascending price channel on the weekly chart, after it bounced off the market's previous downtrend from highs of $4970. Currently, gold is operating near the resistance level of $3500, with immediate support at $2800. Breaking...
Dear friend, currently ETHUSD is trading steadily around 2972, continuing its upward trend and increasing by 0.1% for the day. My strategy is that after the price retreats towards the support level of 2754 (Fibonacci 0.618) which is lower than the level of 2665 (Fibonacci 0.5), it is highly likely to increase with a target of 3600, followed by a breakthrough and...
Dear friends, today ETHUSD continues to trade in an upward trend. It is currently trading at a new high of $3462, after completely surpassing the resistance level in the price channel at $2780, marking a 2.24% increase for the day. So, what are the reasons and factors that have driven this cryptocurrency? Regarding the influencing factors for ETHUSD: following...
Dear valued readers, the price of XRP has regained its long-term upward trend and is almost breaking out of the descending channel. At the time of writing, XRPUSDT is trading below the resistance level of 0.600. The bullish trend is strong as it maintains a high level with stable trading activity on the daily timeframe. Therefore, it would not be surprising if...
Hello BTCUSDT traders, what is your assessment of the upcoming cryptocurrency market? Regarding news, it can be seen that there is excitement and optimistic sentiment surrounding the upcoming halving event, with futures traders holding long positions. Currently, on the 4H chart, although BTCUSDT is undergoing a correction, the potential for price increase is...
Hello there, what are your thoughts on SOLUSDT? Currently, it has demonstrated its strength through a remarkable breakout, completely breaking free from the short-term downtrend. This is an impressive move from the bull side, as they not only successfully defended key support levels but also pushed the price higher from this point onwards. With the ability to...
Dear friend, what do you think about the next trend of BTCUSDT? Currently, BTCUSDT is experiencing minimal fluctuations and is primarily forming a cup and handle pattern. At the time of writing, the cryptocurrency market continues to trade below the 52,000 USD resistance level. The upward trend is strong as it consolidates at a high level with stable trading...
Welcome to a new week of promising and effective trading! Looking back at the previous weekend, XRP demonstrated its strength with a remarkable breakout, completely ending the upward trend. Currently, the price is trading around 0.5360, marking a 1.20% decrease for the day. Overall, the recovery momentum of XRPUSD remains limited, with the possibility of further...
Dear friends, today BTCUSDT continues to trade in an upward trend, but there are signs of bearish participation in the market. So, what could be the reason for this coin's short-term decrease? As such, the price has completely surpassed the psychological resistance level at $48,000, and it has reached the area where I expected a price drop at the upper limit of...
Dear friend, in general, ETHUSDT continues to trade in an upward trend. From the chart, we observe that ETH is currently in a corrective wave 4 phase as mentioned in the daily picture. However, if this possibility occurs and receives strong support from the Fibonacci 0.618 level, which is 2765, it will increase towards the designated target. What about you? Do...
Currently, this precious metal is trading around the $2017 mark, showing a 0.02% increase for the day. As a result, the PBOC's LPR cut and cautious sentiment have prevented the Gold price from moving. Meanwhile, technical indicators are showing weakness just below the middle line, indicating a decrease in buying pressure. In the coming period and based on the...
Hello everyone, it's great to see you all again for today's discussion on ETHUST! ETHUSD has demonstrated its strength with a remarkable breakout, completely breaking free from the upward trend. This is a decisive move by the bearish side, and currently, the price is trading below the strong resistance level at 3000, with stable trading activity on the 1-hour...
Dear friend, what do you think about the next trend of BTCUSDT? Currently, the cryptocurrency market continues to trade in a downtrend. At the time of writing this article, the price is trading below the resistance level of $51,500 as marked on the chart. The downtrend is strong as it is consolidating below two exponential moving averages, EMA 34 and...
Hello everyone, what do you think about the price movement of BTCUSDT? Here is my perspective on this cryptocurrency market on a weekly time frame. BTCUSDT has experienced a strong upward trend followed by a 1.24% correction at the time of writing. However, upon observation, we notice that the price is no longer making higher highs as it faces strong resistance...