OBV is flat at the moment and hitting resistance.
If it can brak this, we can see movement towards 57-59.
59.5 is the next good resistance co-inciding with .618 Fib
Looks like a consolidating zone between 53-56
Ethereum being the second biggest coin in market cap has a very important role to play in the crypto ecosystem, however, we haven't heard to much talk or news about the coin as other L1's have stolen the spotlight. SOLANA, INJECTIVE, SUI etc have all grown in popularity and have taken a lot of the focus away from the biggest altcoin by market cap.
In order to alert you, signals of a correction before the next halving are on the table.
In first place, a huge divergence on the price in concordance with the rsi. Similar one to the 2021 dump of price, nevertheless i think this won't be as fatal as that one.
I expect a healthy retracement to 35-32k according to the fibonacci indicator, further could be...
As we can see, the price has rejected a solid resistance at 1.11, it's a 4 years resistance and it seems not to break it up soon.
It could fall to TP 1 and bounce up to the resistance trying to break it again, or aggressively fall to TP 2 doing a reset.
High volume at resistance and bearish indicator on RSI are good signals to go short
ETHEREUM along with BITCOIN have both produced huge gains this year with ETH up 93.66% and BTC at 166.35%.
For me ETH is at a crossroads and the positives and negatives in my opinion are as follows:
- The market looks strong, consolidation periods are not long in duration, and price has just broken out of a long term range. It looks like crypto...
A: Find a new resistance, volume was high too
B: Test and failed the resistance
C: Attemp to break but it won't even be near
D: Fail at the support zone
E: Break heavily with a high volume
F?: It could be a pullback to the break to immediatly continue failing to the next support zone
Hey there! In the daily time frame, as you can see, the price has been fluctuating within the range of 0.10 after breaking out of the downtrend and rebounding to the 0.11 level with some partial positive fluctuations. Currently, it's trading in the price range of 0.1240. There is a possibility of growth towards the liquidity range. Currently, the expectation we...
In the medium term, the expectation we can have is that the price may be able to grow towards the range of 1.70 to 1.90. 📈🚀The important support ranges are at 1.40 and 1.30.
🟢 Keep in mind that these are just scenarios, and it's important to conduct your own analysis and consider other factors before making any trading decisions 😊📈📉
⭕Of course, if you...
The price of USDJPY currently traded at 151.500. And major resistance and supply zone at 152-152.200 area. But the market takes some liquidity till 153.500-154.00 point and then down to 149.00. Price is also in an uptrend and bound in an upward rectangle. Ans the news about Japanese banks increasing the interest rate for the first time in history that impact on this.
Hey there!😎 In the daily time frame, as you can see, after a price decline from the $0.17 range, there was a positive reaction, and it is currently trading within the price range of $0.19 while following a downward trend line. In the daily time frame, one can expect that if the downward trend line is broken and the price consolidates above the $0.20 range, we may...
The price of gold currently traded at 1977. And the last high is 1997, if price break the resistance directly then gold price further go up 2040 1TP, 2075 2TP. but in case of some retracement price go down ant 1950-1955. and then 1930-1915 that is most demand zones, then further go up. that's mention in chart.
Hey there! 😊
On the daily chart, As you can see, the trend turned quite bullish after it broke past that pesky resistance at 78 and overcame the dynamic resistance too. Right now, it's hanging out around 86. Fingers crossed, if it stays above the 82 mark, we could see it making its way up to the 90.70 resistance level and even touching the long-term supply zone....
Solana is in the news of late due to the worry that FTX will have to sell their holdings in SOL and Solana based altcoins.
Solana tokens account for $128m out of the $1.5b in assets on the Solana network held by FTX. The fear is that a dump of these coins would be detrimental to the altcoins price.
For me the chart is simple. When we look at the 1D chart there...
In the daily timeframe, as you can see, based on past analysis, after a correction from the important resistance zone, the price started moving positively and is currently trading around the price range of $26,900. From a technical perspective, the previous report remains valid, and in the long term, we might witness a price correction towards the correction...
Let's start by recognizing the overall trend in the electric vehicle sector.
Global sales of electric vehicles have more than doubled in just two years, marking a sixfold increase compared to 2020. Considering the future bans on the sale of gasoline-powered cars, this trend is expected to be sustained and even strengthened in the near future. This...