In this idea I cover what I see in the future for ETH according to the charts. Keep in mind that this is what the chart tells me, but when dealing with the fundamental side they may experience a lot of turmoil. The merge didn't necessarily help them with the FCC looking into a new classification now and the US claiming they have jurisdiction over ETH. Could get...
At a critical support here. With all the indicators bearish, breaking this support will take it to 1100.
Red line where the stop loss Green line where the take profit Good Luck
I've added the Bollinger Bands into trading strategy as an added confluence and to help identify proper pull backs and knowing when the market turns. Was watching $ETHUSD closely today and as with everything else after Powell's sentiments, it went haywire. If the $ETHUSD were to clear the 20MA I would have longed but with it closing and retreating back to levels...
ETH CME future gap closed ☑️ Ethereum found support at $1,227 (FIB retracement) Recovery likely IMO dear Crypto Nation 😎 COMMENT & FOLLOW appreciated What are your thoughts on CME gaps? *not financial advice do your own research before investing
Thursday 22 September 2022 10:23 AM (WIB) September almost end with 9 days left. And the price now already gets inside the box. Will it fall to $500? I do not know. One thing for sure: spot the $800 - $1.000 for buy orders. Keep notes.
On the H4, ETHUSD is on a strong bearish trend. We are looking for a pullback sell entry at 1279.00 where the 138.2% Fibonacci extension line and previous swing low are. Take profit will be at 1005.25 where the 100% Fibonacci projection line and previous low is. Stop loss will be at 1412.00 where the previous swing high is. Any opinions, news, research, analyses,...
After reaching the breakout target of a much smaller inverse head and shoulder pattern, the price action on the xrpeth chart has continued to pump and is now sitting above 2 necklines of a much bigger inv h&s pattern. The only resistance it is yet to break above is the yellow horizontal neckline of a double bottom pattern that also doubles as a horizontal channel....
Hi Traders, Apologies for the early jump on the long post - did make small profits on the second bounce but now the dust has settled the picture looks back to the downward spiral. Looking for ETH to land some where in the 1080-950 area (on the wick) And BTC to hit a 17.6-16.6k area before a strong push upward - just to liquidate shorts. Personally i have...
Well, the Ethereum currency moved according to my latest analysis and will continue to see cheaper prices
Ethereum is forming Bearish BAT Harmonic Pattern , its also forming Rising Wedge which will be confirmed at breakdown. Ethereum is also at Weekly Supply Zone. The Bat Pattern™, is a precise harmonic pattern™ discovered by Scott Carney in 2001 The pattern incorporates the 0.886 XA retracement, as the defining element in the Potential Reversal Zone (PRZ). The B...
Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ETH.D 1D chart) For ETH to remain on the uptrend, ETH dominance must remain above the 18.54-20.13 range. If it doesn't, there's a good chance it will...
BTC will likely proceed to keep it's downtrend. As we see BTC remain it's pressure inside the bicycle helmet (half bubble) it doesn't seem to explode it's pressure inside of it. Also to mention that we are seeing lower lows occur at the second half of the bicycle helmet. With more red volume happening the last couple of days. Possibility is quite big it will...
ETH bullas crying send it to 0. Key support has been broken, sharp dive after fomc meeting today.
ETHUSD Daily guidance is cautiously bearish. Recommended ratio: 20% ETH, 80% Cash. * The Fed announced a 75bps FFR hike today, and so starting tomorrow the FFR target range will be 3%-3.25% . Cryptos initially rallied on the announcement and are now down while Stocks continued to plummet. Equity Futures and EURUSD are down while VIX and DXY are up;...
if this suport line dont hold we will visit the 1000dollar range again posiple even lower. follow if yuo want more of analysis
Ethereum is approaching is 1.0 Fib extension. I expect a reaction there. In my opinion, if you're interested in shorting wait for the retrace off the area of the 1.0. Once we get our retrace, I would set a SHORT STOP LIMIT at that low in the area of the 1.0. I know it may say sound counterintuitive, but until ETH retraces and then takes out the low around the...
Generally how I set up my trading plans. I found that having too many levels can cripple your trading and have you in analysis paralysis. To prevent this, I set up trades that have confluence. I am unbiased on which way the market is headed, I just wait for price to hit my levels of interest. I do not watch the news and do not pay attention to DXY or see how...