ETH pulling back after the big rally in 3 waves into resistance. Trying to catch wave 4 in the smaller degree Open @ 3672 T1 @ 3744 T2 @ 3942 SL @ 3567 Risk 1% NFA
FREMA facts: Upper hot color bands are based on Buying Pressure Lower cold color bands are based on Selling Pressure This makes the levels of bands be more relevant to the candle metrics. The regular ATR bands the upper and lower levels expand equally with ATR change. Whereas FREMA levels expand and shrink by the change of 2 factors: Buying and Selling...
💰 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.
With regard to Bitcoin halving and the possibility of digital currency prices increasing with this event, and with regard to investors' purchases in the market and taking into account the trend of Ethereum transactions and the analysis of digital currencies that have a positive correlation with Ethereum, it can be concluded that the specified area In the price...
Same indicator as the previous chart image share of BRK.B. Ethereum shows constant selling pressure using an imaginary indicator of type that may or may not be of any reasonable concern. This information is not meant to determine whether to buy or sell. It is a fact that there is more selling going on than buying yet the buying for some cryptocurrency and some...
Ethereum (ETH/USD) is falling towards a support level which is a pullback support that is slightly above the 38.2% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 2,982.64 Why we like it: There is a pullback support level. Stop loss: 2,865.45 Why we like it: Thee is a pullback support level. Take profit:...
If we break 4250 we form a major cup and handle. If we take the depth of the both and add it to the handle we have 65% chance of pumping to 6900/ 7k this pattern is only valid if we break 4250 with a confirmation and turn it into support. The ETH ETF may be approved this week and it would start blast off to 7k. this is compounded with congress doing a 180...
AS you can see we broke out of the descending wedge at 3050 and have a daily confirmation. We need to turn 3250, then 3500. nd 3850 into support and we should go to 5k As we would have a monster cup and handle
Since Monday, ETH has risen by a spectacular 25%! On Tuesday, we recovered a key zone: the $3730 level, where a great deal of liquidity was present. We are now 1 day away from the potential approval of the Ethereum ETF (May 23, 2024). It is therefore very difficult, if not impossible, to position oneself on the market, even if the direction seems to be taking...
As we review BINANCE:ETHUSDT price action on the daily chart, a notable pattern emerges—a substantial falling wedge, traditionally indicative of a bullish reversal. This analysis comes at a critical juncture, particularly following the inflation data released on May 15th, 2024, which fuelled a general uptrend in the market. Ethereum capitalized on this momentum,...
"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected on at...
i am picturing two scenarios for eth, it is still under the 200 ema, and a falling wedge is formed. with the news of etf eth coming soon, i expect a breakout, but first i need it out of the wedge to fully confirm its breakout. it could also play around 2800 area before a clean breakout. i will follow the spot btc etf story pattern as guide(few days time). be...
Hi. BINANCE:ETHUSDT Today, I want to analyze ETH for you in a 12H time frame so that we can have a MID-term view of ETH regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). ➡️ETH has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the...
D waves system is a private system which can project a market as per dynamics and waves . right now a surge can be seen in ETH price but will be hammered down towards 2980 or even 2880 before next bull move towards 3330 zone. This is not a financial advice.
Hello everyone, for the ETHEREUM I'm aiming for a bullish continuation after the break of the structure.
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...
--- This pattern is a Grade A --- Decided to relook the strategy and redo the strategy validation by run a manual backtest from 15 March to 18 April where the regime changes from bullish to a bearish range on the D1 chart. I am aware that once the regime changes and need to revert back to the original Long strategy New Observation The pull backs still happen...
Shown above is the same Fibonacci series, in 3 different time-frames. Assets have many Impulses in a lifetime, but only one "Genesis Pulse". Genesis as in "birth", programmed with all of the DNA it will ever have. That Impulse determines the "Sequence" of growth spurts and retraces. Imagine it this way: - Each owner of the asset convinces on average 1.618 others...