Clear breakout sends $ETH to at least $1400 after the merge, sorry merj. What's up Ethereum classic community?
Hello, we are back🖐 As we said in the previous Ethereum analysis, with the breaking of the support trend line and the loss of the $1,500 support area, the price will hit the $1,425 & $1,360 level and the volume support area, as you can see, this has happened. Further, by stabilizing the high price of the last pivot formed at the level of 1408 dollars, it is...
Ethereum not looking too good. It has found itself in a downtrend since September 11th and has yet to break out. Price is most likely to see support at $1275 and $1193 levels However, if both levels are lost, it is likely price will drop to the 78% Fibonacci line, at $1050
---- Mid-term Analysis for the next coming 4 weeks to 3 months - Based on Daily Chart ------- ETH/USDT: Turn neutral between 1465 and 1800 (Downside risk active - caution) Context - The Global Crypto market leads by BTC and ETH reversed a new bullish trend this summer - however the market is now challenging the capacity to go higher with the test of 1465. - The...
Beast Trading _ Today's Bitcoin Analysis After the Ethereum Merge event yesterday, there was a strong shaking movement up and down, hitting a high point after 16:00, creeping down, and a strong drop occurred after the opening of the Nasdaq. Bitcoin also fell due to a sharp drop in Ethereum, renewing its low point. Overall, the stock market situation is judged...
A small update after the merge earlier today: - SSV broke to the downside before the merge and right after the merge it pumped right back up, with nice volume, above the trendline and got rejected by the .382 - In my opinion we will go into a small accumulation phase where we just go sideways for some time. It would make sense if this accumulation will be...
The influence of merge activity has already won back its significance, and many people think so. In the short term, we can stay in this triangle, but soon the market will begin to actively close the correction zones.
Hello Traders LETS fly! Ethereum is probably going up on the release. Everyone talking about a sell the news event, but the sell off happened before the news was release. So its probably fly time. The 4 Hour candle that have just closed signals that the bulls are in control, and we will probably go up from here We hit the trend line for a second bounce, and...
After Awful CPI data and projected 100BPS Raise next week the trend continues to be the same
The chart here looks perfect for a short in $NVDA, and as a bonus we have #Ethereum transitioning to Proof of Stake for transaction validation, which together with high electricity prices will make GPU mining go extinct overall. I'm short, as part of my long/short stocks portfolio. The other shorts are crypto currently, which are likely the riskiest of all risk on...
Hi. Without doubt anybody is awaited when ETH announces it's trendchanging "Merge" announcement. But, if you look the 1D chart it has already happened, to be more accurate, on September 7. Narrow circle of people has decided to go up :). The Content is for informational purposes only, you should not construe any such information or other material as legal, tax,...
My buddy is playing the MERGE. I think we have topped out. Time will tell. Any thoughts?
Hi there Finally merge is here! 3 days to GO what is merge? well, the merge represents the Ethereum network’s shift to proof-of-stake (PoS), its new system (also called a “consensus mechanism”) for authenticating crypto transactions. The new system will replace proof-of-work (PoW), the more power-hungry mechanism pioneered by Bitcoin, but can merge send us to the...
Go pump on the cloud. You will be safe from the bears... This is nice chart to spot.
Hello Guys💰 This is my new setup. I should probably open a deal like this, what do you think? 🎲🤨
It could to bounce on this level. Double bottom ? Keep up open your eyes
This fractal on the monthly BTC.D chart has the potential to play out--especially if we close the weekly candle below 39.95%. If the merge ends up being successful and bringing more money back into the altcoin eco-system--mixed with some positive macroeconomic news--there is a big chance for altcoins to have relative gains against Bitcoin. Dominance targets...
There is a lot similarities to previous accuulation patterns mainly in huge channels. ETH loves to double the price since bottom (like 1 - 2 k just in few months from the bottom). It's possoble we will get quite quick move to the mdian of the channel around 2.7-8 k, big correction there and few months of accumulation when BTC should react much better and btc.d...