💰 CRYPTOCAP:ETH Bullish technically with this local falling wedge🧐 Only need to break through the resistance cluster of EMA 50 + EMA 100 + falling wedge📈 Though we have ETF decisions are coming which may impact the market for short-term. IMO chances are good for #ETH ETF approval, but will see.
Note: This Analysis have been given initially and has so far played along, We can now see triangle formation and play, this a pattern that is well known, hence add more position at break of previous days high, Solana has been a leader, BCT have not been finding much strength however the two are trading above the neckline expecting continuation BUYS
During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from...
We are at the start of wave 3, time for take off!!!
I sold basically all my ETH for BTC a long time ago but this chart.. wowowowowowowow
Today's focus: ETHUSD Pattern – Continuation Support – 2878 & 3060 Resistance – 3150 & 3315 Hi, traders. Thanks for tuning in for today's update. Today, we are looking at ETHUSD on its daily chart. Do we have a continuation confirmation? Firm buying continues to push that case as the price continues to track higher today. Do you agree with our top-down...
Looks like a corrective pattern to take this lows out here, probably setting up wave 2.
Price holds in at pattern support after EMA divergence gets rejected. Further recovery is possible if we can maintain within pattern. Still be aware of the chance of correction and the assumed W1 3k close. www.tradingview.com
Ethereum (ETH/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 3,042.40 1st Support: 2,924.22 1st Resistance: 3,217.56 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Price created SMT at the highs after taking liquidity. Now we wait and see if it wants to trade lower into the start of the week before continuing higher
ETH/USD is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 3,035.12 Why we like it: There is a pullback support level that lines up with the 50% Fibonacci retracement. Stop loss: 2,926.40 Why we like it: There is a pullback support level. Take...
Bullish Falling Wedge on Daily meets 8 Month Uptrend. HAPPY HODLING! -MV
"Aliens, an advanced species that have seen hundreds of stars and a few black holes throughout their lifetime, have made contact with humans sending encrypted data. They are masters in the study of the elastic property of TIME throughout the Universe (relative to Gravity), and they are trying to send a message to prove us all, not that time is a construct in the...
In the big picture, extremely BULLISH!!!!!! !In a small picture!: MACD crossing down is very likely. Because macd has failed crossing, which makes the next crossing more realistic. Crossing down means BUY when the price is in red and there is no sign of green. Support points or resistances are required Under 3000k soon. The landing level is not known today, only...
After making a clear divergence on 4H it is retracing we can expect it to retrace 0.5 Fib level where we also have a good support level. We can look for long setups from there with confirmation on smaller timeframes.
Take a look at our analysis for ETHUSD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 3026.1. Considering the today's price action, probabilities will be high to see a movement to 3253.6. P.S Please, note that an oversold/overbought condition can last for a...
A break out from this falling wedge is gonna send the price straight to 4.8k as the initial target. Price could go way beyond the ATH, but for now a conservative initial target of 4.8k is reasonable.
Price remains below 3125 as short-term EMAs close in on divergence. A breakout here could send us out of pattern and to the next D1 marker at 3371. Keep in mind the assumed W1 close at 3k, especially if pattern breakout is rejected. www.tradingview.com