Hi dear traders Based on the previous analysis, we can open a short position. The price is moving below the EMA 20. The first support area is around 4000$ and then 3800$ area which is seen. If this area fails, the next support is at 3750$. Good luck.
Hello''ETH Diamond Pattern Completed The price can fall as much as the height of the diamond pattern.
Hello'' ETH is losing its uptrend as well as coming out of the cumo cloud.If the uptrend is lost, the price could fall to its next support areas.The most important support for the Atrium 3770 If support is lost'Next support:3300.2900.
There is a short position in ETHUSDT Ethereum ETHUSDT Ethereum 🔴Short Now or set on Key Level 4026.50 🟢Target 1 3710.00 🟢Target 2 3500.00 ❌Stop loss 4196.50 #K_Level
New Year, New opportunity for ETHUSDT. As my prediction BTC will likely hit 38k about 31 Dec (maybe), when BTC is traded at 38k, eth will be traded around 2800-3000 usdt. This is the best time to buy the dip for ETH. For now, the best option you have is #short ETHUSDT whenever ETH hits 4100-4200 there are still zero indicators for u to take #long in a higher...
As I mentioned if break support 3900 (neckline of H&S) ETH can dump to next support zone between 3500 and 3300! Only after breakout resistance price is bullish again! All depends on BTC Btc depends on; 1) Evergrande payment which is last day 13th December 2) US senate meeting:Hearings to examine stablecoins, focusing on how they work, how they are used, and...
Update from previous idea: We spoke yesterday about the ideal scenario being consolidation until today because the CME gap was at the 3900 level, I was worried that if we broke to the upside that would be short lived and I was correct in saying that. the fib has actually played out well however it is not being totally accurate, it is giving good areas of...
ETH/USDT did a false breakup (stop loss hunt) after which it returned back to it's resistance zone. Pay attention to these movements. They happen on any asset. This is a good confirmation of a strategy. All big movements happen after SL hunt, regardless up or down. To me these structures are good confirmation for shorting with predefined stop loss. And as usual...
ETH has been experiencing high volatility for many days, a situation strongly related to BTC but also to the manipulation of whales, the Christmas period is always full of surprises
If you've read my analyzes, you know that I have "a problem" with an asset staying at support or resistance as an invitation to buy or sell and make money, as if it were so simple. Is exactly Eth's case right now, with the price coming back to 4k for all of us to buy and make money, and if you remember, a week ago Btc stayed at 55k and... I can be wrong this time,...
ETH has broke its Up Trend line So it is showing Bearish momentum. If ETH breaks 3900 with confirmed breakdown then for end of this month ETH may come to 0.5 fibonacci level which is around 3280. the level 3900 is a strong support level after breakout so if it stays above 3900 ETH may go up for now if it breaks 3900 then this week and month is goona be brearish. ...
Fuzzy Pattern AI sees Falling Wedge. Falling Wedge is alias Descending Wedge. Similar to the one on Bitcoin. It is a bullish pattern. Deep Learning expects a positive breakout. Whale Monitor shows buys. Exchange Monitor points to buy preparations. Oscillators found support. 🚀 We think you can send Ethereum.
If something happen in last bull cycle it doesn't have to happen in this cycle too, but we can play with these charts and make some predictions base on history data we got. The current ETH price action reminds me of last cycle price consolidation before takeoff. Graph similarities are great but ETH in 2017 isn't the same one as today's ETH. Back in 2017, for...
ETH hope make ATH soon...................................
Ethereum tests the support line around 4k$ which falls together with the current low point of the rising wedge. Currently Ethereum holds much stronger than Bitcoin and looks more bullish. The RSI is relatively low with 40 and is within a broad consolidation wedge that could be valid for another month. We expect Ethereum to hold the current support around 4k$ and...
This is just an outlook on ETH/USDT. Tapering issue will come ripe at 15-16 December. Along with major trendline 2021 and tri-monthly downtrend line. Market will go down along with RED line until Major SnR III line. Meanwhile if no tapering issue on effect, it will goes into Major SnR II line, see GREEN line.
TL:DR review last analysis After the crash from last week we decided to stay fairly neutral in the market. We took some trades on a few Alt’s but nothing too fancy. Crypto hasn’t made any significant moves last week so staying neutral was the right call here in our opinion. Conclusion The market remains bearish, there is no indication that we are forming a...
This has recently been on my mind, what would the effect on the industry be if altcoins take option one? How would it affect society? What are the implications? I have analyzed many charts, a common theme I view among many of them is this degenerate phase, some coming out of it recently, while some still in it. As each day passes, we approach a bottom for this...