Ethereum / Bitcoin Spot
In my most recent ETH analysis I wrote that ETH was likely forming a bull-flag pattern and was going to break out in the near future. And here we are. A break out, followed by a retest of the top resistance, which is exactly what bulls want to see. Our entry has been hit and stop moved just below the retested resistance. This constructs a very decent trade...
Ethereum (ETHUSD) is only 2-3 weeks away from completing a Bullish Cross on the 1W time-frame between the 1W MA50 (blue trend-line) and the 1W MA100 (green trend-line). Last time we saw this formation emerge was on the week of August 17 2020. With ETH trading inside a Cup pattern similar to the consolidation of mid 2019 - mid 2020, we are either on a level...
Ethereum is currently being traded at $2100. A potential bullish scenario may unfold if there is a weekly close above $2130, which could initiate a rally towards $2700, encountering minimal resistance in higher timeframes (HTF). On the flip side, the bullish outlook would be invalidated if there is a close below $1890. To keep it short, I am bullish unless it...
ETH is current on Day-support zone, and also fibs zone for pushing upwards. Expect some sideways movement before a breakout on either side. Will enter on breakout of consolidating, keeping stop loss at a 2 : 1.5 gap to cater for whiplashes. If buy, looking at week resistance zone or the 22xx zone. If sells looking at next minor support below fibs zone.
Excuse me! I'm updating my ethereum analysis. I changed the target zone in the Update, and I stand by my analysis that the exchange rate can bounce from the support zone at the latest. I am attaching the image and link of my previous analysis so that the modification can be observed. Here you can see my previous analysis, which I modified to the above. ...
Going to long if it gives a rounded retest to the 3 grade level. Level looks solid.
Hi everyone Here’s a new analysis of ETH We have a downtrend and the price is near to it If you see the RSI indicator, you can find another downtrend line So we can expect a good short position. What do you think?
ETH is marching through its bull channel showing great support at the 30EMA and holding its ground in the resistance zone. It appears the bounce off of support has lost momentum. With Bitcoin also stalling at Weekly Support, it leaves some questions open. How do we trade this? We should be long in a bull trend until we have reason to doubt the trend will...
I have posted a chart back in May when I was seeing Ethereum & Binance Chain deteriorate, it looks like the final supports are being tested meaning once these are gone the foundation is completely gone. The Ethereum supply has become inflationary due to the incentive to "Stake" Ethereum so the question is always true. Where does the Yield come from?. (New users...
Ethereum has broken the trendline, but is stuck to broke the resistance zone also. ETH price could chop for a while in this range till it decides to broke up (or down)
BTC has been consolidating for nearly a month now. Not a lot of of trading in one direction, but short-term trends being reversed quickly. Note that the price has consistently making higher-lows, whicb is a sign of strength. On the other hand, the 38.000$ area is getting notorious. Every time that the price reaches the top resistance area, a quick sell-off...
Logarithmic chart says 10k before july. By FED cutting rates, BlackRock bidding...seems like we are going to see a dotcom bubble 2
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #ETH. Which scenario do you think is more likely to happen? and Why? 📚Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
The world's leading digital asset exchange Binance recently issued a notice for the delisting of BTC and ETH Margin Trading pairs. As of today, November 23, Binance, one of the world’s leading cryptocurrency exchanges, issued a statement stating that the firm now plans to delist BTC/BUSD and ETH/BUSD cross-margin and isolated margin pairs. The aforementioned...
this is my technical opinion and not a recommendation to buy or sell
As per previous analysis, ETHUSDT played out to the Day-Fibs, by bouncing of the 0.618 fib zone and breaking the previous daily resistance high. However, despite breaking previous high, the candle closed with a long wick, indicating a substantial amount of bearish strength in that zone. Base on TA, I expect a couple of sideways and whiplash, while ETH takes a...
I am posting this #Chart for those who are too #BULLISH in the #Crypto market now! 1. Below I attach a Weekly chart on TOTAL. I'm not going to explain what #TOTAL means, I recommend a research. 2.As you can see, this macro trend was broken and now the price has reached the retesting area of the trend line, which has now become a resistance + monthly resistance...
The recent surge in ETH has been nothing short of remarkable, and it's all thanks to mighty whale traders injecting a staggering $124 billion into the Ethereum network! The trends are clear, and the time is now to seize this opportunity and make ETH your go-to choice for long-term investments. By joining the ranks of successful traders who are capitalizing on...