Hello there! I am back with my next short. I entered already my position and my first target is the area in the box. I will mention the reason for this position later in the updates in this idea. Stay safe
A drop is likely expected for Ethereum here. It has reached our reversal zone, and it looks like has now broken down a good trendline. Red line could be next
Ethereum (ETH) is currently carving its path within a significant ascending triangle, a pattern that often signals powerful price movements. However, recent developments suggest a breakthrough, warranting a closer look at the potential implications for traders and investors. Chart Analysis: Breaking Boundaries Ascending Triangle Overview: ETH's journey has been...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in comments👊 Recently price bounced from $2000 level, which coincided with support area, but soon it around down and started to fall. Ethereum declined below $2000 level, and then made upward impulse back, and also started to trades inside flat. In flat price rose to $2125...
Cryptos are rallying again following SEC discussions with BlackRock and Grayscale. Another financial asset that performed well last week was gold. While the DXY fell, both BTC and gold became beneficiaries. BTC will usher in its halving in 2024, and changes in supply may make BTC more and more like precious metals. When a gold investor discovers that gold is near...
Ethereum broke the resistance level but there is RSI divergence and here question will be this that ethereum will touch 2700$ ? and answer is yes according to my analysis it will touch the target.
Further, impulsive-looking price action, will add credence to the bullish scenario, and suggest wave (iii) of 3 upper is underway. Wave (ii) may have ended at 1620.15 if so I expect a swift ascent over the coming sessions to suggest an impulse upper is extended, wave (iii). We're looking for ETH to remain above 1620.15 and subdivide higher in five waves, wave...
This chart represents the total market cap of Cryptocurrencies. Bullish momentum in this chart means money is coming in cryptocurrencies and vice versa. Currently, TOTAL is at Weekly Supply Zone and Forming Rising Wedge which is a Bearish Traditional Chart Pattern. RSI is showing Bearish Divergence on H4 and Daily. If it breaks the trendline support of Rising...
As You All Can See Bitcoin Rapidly Growing Without Any Correction Since The Month Of November. But Currently Btc Is At The Point Of Greedness And Liquidity In My Perspective.so Btc Should Take Correction To Show Us A New Way.
ETH As we can see here we are in a bearish consolidation pattern which is not speaking with the rest of the market - Is ETH wrong or is ETH the leading indicator? Being unbiased looking at the data i will have to make the assumption we are going to have a pull back - Rising wedge and rejecting off of our top trend line for the third time sitting alongside a...
Ethereum CRYPTOCAP:ETH Which pattern is more likely folks? I know what I am hoping for. PUKA
Ethereum is currently experiencing a strong upward trend, with its price having clear room to grow until it reaches around $2,295. This suggests that Ethereum's path is relatively unobstructed by major resistance levels, indicating a bullish market sentiment. Despite this overall upward trend, it's important to be aware that any dips in price are likely just...
Last week I made an analysis on BTC where I compared the current state of the market with two historical patterns. The pattern that I'm talking about is a bullish channel after a big pump that results in another big pump. Seeing how the market historically behaved, I made the assumption that BTC would follow this fractal and break out of the channel in the near...
The 1st leg of the ALT bull wave is underway. And as the ALTS take profits, they seek refuge in ETH. From here forward, profit taking in the ALTS will get deposited into ETH. The sleeping Giant. Next move - $3900
Ethereum has a clear chart in the weekly time frame, and we can anticipate ETH to rise at least to the upper trendline. In the daily chart, we can identify two bullish legs, the first with a minor pullback, and the second with a major pullback. Ethereum price has exceeded the resistance of the first trendline, and we expect it to rise after passing the second trendline.
Hi Traders, Investors and Speculators of Charts📈📉 The Ethereum Classic fork was a result of a disagreement within the Ethereum community over how to respond to a hack that had occurred on the network. The hack resulted in the theft of 3.6 million ETH. Some members of the community believed that the best way to respond to the hack was to hard fork the blockchain...
Ether (ETH) has just broken through its prior resistance levels and is now eyeing its next target of $3000! 🚀🎉 The recent surge in Ether's price has been nothing short of remarkable. With each passing day, it becomes increasingly evident that the Ethereum network and its native token, Ether, are gaining tremendous momentum and support from institutional and...
During the year 2023, gold has shown an upward trend against the US Dollar. This has resulted from the conflict in Ukraine and the political tensions the USA has had with China, Russia, and other countries. When such events occur, investors consider gold a safe haven and invest in it. For those who haven't seen my post about DXY (US Dollar Index), I suggest you...