Based on support and resistance structure it looks good. But if you look at a more fundamental perspective it is likely to continue it's way down after crypto got a big slap. Just letting you know do that the zone is there.
Last night, BTC fell around 8% in a very short period of time. Sadly, this doesn't come as a surprise after a massive move from 27k > 44k. Investors are piling in with high leverage, which makes them prone to liquidations like the one of last night. These liquidation events have happened a couple of times in the last few weeks. Every time they marked a local...
Amp is an Ethereum token that aims to “collateralize payments on the Flexa Network, making them instant and secure.” If a BTC or ETH payment fails due to unconfirmed or long transaction times “the Amp collateral can instead be liquidated to cover losses” while the vendor receives payment in fiat, potentially providing greater assurances to both parties. The...
Ethereum (ETH) ETH surged in recent days, reaching a yearly high of $2,402 on December 9. However, the ETH price also dropped by 8%, testing the low of $2,150, in response to Bitcoin's decline. The current priority is the continuation of this local downward trend. Selling pressure is present within the broad resistance zone of $2,272-$2,315 and at the $2,350...
I can tell from my observations on the chart that we are inside a large diametric. We seem to be in the middle of wave D now and expect to move towards the red box after a slight correction. After hitting this box, we can expect Ethereum to drop to the bottom to complete wave E For risk management, please don't forget stop loss and capital management Comment if...
By examining gold in the daily time frame, we see that the price has progressed according to the first scenario and as you can see, it is currently trading in the range of $1996. If today's price loses the support of the $1987 to $2006 range, we may see a drop to lower targets such as $1986, $1980, and $1966! Important Question : Do you think gold can fall below...
Based on the latest Euro/Dollar analysis, we can see that the price hit the 1.10000 target as expected, and after that, by collecting liquidity above this level, it faced a heavy fall and was able to fill the liquidity gap that we identified on the chart. tick and after that it has faced a slight increase in demand! If the price can maintain the support of the...
I have enjoyed my Macro BNB post, occasionally checking it and pressing play on the chart to see how PA is behaving IAW my expectations. So here is one for ETH... I am not a bear, I am the Honey Badger, I chart what I see and surf the waves. This count is Valid, if you disagree, I invite a healthy debate to enable all of us a more holistic understanding of the...
Hello TradingView Family / Fellow Traders, ETH has been overall bullish trading inside the rising channel in blue, and it is currently in a correction phase retesting the lower bound / blue trendline. Moreover, it is approaching a strong support zone 2150.0 🏹 So the highlighted blue circle is a strong area to look for buy setups as it is the intersection of...
With the new analysis of the Bitcoin chart in the weekly time frame, we see that the price, based on the analysis we had, finally managed to hit the target of $44,000 and even managed to record the price of $45,000! Based on my view on the chart, I have determined the important levels of supply, demand, possible targets, etc. that we will address! Currently, the...
In the previous analysis, we had identified a large diametric for Ethereum, which we were in the E wave of this diametric. Now we reach the resistance of the previous analysis and we have a 3D formation on hourly time frames. The structure of the E branch seems to be a diametric, now the e wave of E seems to be completed. For branch f of E we expect to have a...
GBPUSD The price is currently above support/resistance structure, and price is currently attempting to break above the falling wedge, If price manages to break above the trendline I expect the price to move higher... Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
#ETH The price trades in a channel and respects the limits of that channel on a 3-day frame The price is currently at the 1790 level. It is expected that the price will reach the 1984 level and then the 2210 level The price is expected to bounce from the 2210 resistance level The current rally is supported by upward momentum If you like this kind of analysis...
HOTUSDT Weekly Chart- These are just my thoughts on areas of significance. I feel like we're still in an accumulation zone. If bullish sentiment continues, I think we exit this area soon. Maybe dips on New Weekly candle (Monday), will provide acc area for next leg up, if/when momentum continues. Key areas of resistance: (Areas to take profit, areas that will...
In this chart, which I have shared previously in August 2022, I explain that we had reached our bottom back in November 2022 and would likely put in an accumulation range (green rectangle boxes) over a period of time - this has now happened exactly. I don't mean to post this to prove I was 'right', I do it because it gives some clarity to those long-term...
Polkadot is currently within a correction (Wave B). Wave B is made up of 3 subwaves and we are currently in subwave B and expecting subwave C. We currently do not have a bottom in place so the best we can do is look for lower timeframe trendline break and reversal patterns. See our next post for lower timeframe analysis. Goodluck and as always, trade safe!
✅It seems that Ethereum managed to break the Important Resistance line . ⚔️At the moment, Ethereum is attacking the 🔴 Heavy Resistance zone($2,540-$2,300) 🔴. 🌊According to Elliott's wave theory, Ethereum completes a main wave 5 . 🎯Main wave 5 is likely to be completed in my Target . Ethereum Analyze ( ETHUSDT), 15-minute time frame ⏰. Do not forget to...
Ethereum is moving to 2700$ as we already mentioned , have you took position? if yes then congratulations we are in profit and we will hold till our target