Days of triple digit volatility and rampant amateur speculation are gone. Unlike the overblown enthusiasm which defined the peak of 2021, investors now are more measured and discerning. 2023 has been defined by (a) discrete and information fuelled rallies followed by unprecedented low volatility, and (b) rise of traditional finance entrants in digital assets. ...
The ones who have been following me more "closely" know that i have been looking up for Bitcoin for a long time. Patience has been tested for almost a year now but it seems it's finally paying off now. But we are not there yet! Will keep this one short. Like 6-9 months ago i talked about 35/40K prices being possible again (when meeting certain conditions back...
Here is my analysis for ETHUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
The market scenario for Ethereum closely mirrors that of Bitcoin due to the strong correlation between the two assets. However, a key distinction lies in ETH’s substantially greater potential for growth within the ongoing upward trend, as it has not yet reached its annual high, unlike Bitcoin. At present, the asset is experiencing sideways trading, fluctuating...
RLB or Rollbit is in a ascending channel and, looks like an accumulation cylinder has formed, also ascending triangle and potential inverse head and shoulders. Good coin, makes a lot of income from their casino and derivatives exchange and feeds a % of profit back into RLB stakers. New lower low, or break of channel would be my exit/stoploss.
Examining the Ethereum Chart at a Critical Juncture Ethereum currently trades around $1785, up 115% from the recent bear market bottom. However, the chart shows ETHUSDT forming a bear pennant pattern, which is typically a continuation pattern. Let's analyze the key levels and potential scenarios. Bear Pennant Breakdown Threat Per the chart, Ethereum is forming...
In our last analysis of Bitcoin, we identified that we were in a correction and were looking for a move up for wave C. We are now in wave C and anticipating 5 subwaves. We've seen subwave 1 and anticipating subwave 2 correction in the next couple of weeks. Once we get that, we can look for another entry to take Bitcoin even higher! No trade idea as of yet....
Good time to accumulate #DEFI coins 💎📝 Keep an eye on it 👀 Trendline Trading Strategy What is a trendline trading strategy? In technical analysis of financial markets, a trendline is a diagonal line drawn through a chart to show the trend in price. The slope of the trendline shows the direction of the trend: if the line has an upward slope, the trend is up...
What is a Symmetrical Triangle A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or...
EURONEXT:AVAX Performing Falling wedge in 1D Keep eye on Breakout Falling Wedge The falling wedge can either be a reversal or continuation signal. As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next. As a continuation signal, it is formed during an uptrend, implying that the upward price action would...
LSE:TRB SOON BREAKOUT How to Trade Breakouts Using Trend Lines, Channels and Triangles Trend line As you may know, a trend line is a trading tool. That’s right. It’s a trading tool, not some magic line on your chart! It means that the effectiveness of this tool lies in how well you use it. But here’s one thing it’s truly good at: Helping you identify...
Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis:- Ethereum (ETH) rebounded from Friday’s drop, making a run back towards the 1,800 level to start the weekend. ETH/USD peaked at 1,796.57 on Saturday, after the price fell to a low of 1,751.44 less than 24 hours ago. This climb means the world’s second-largest cryptocurrency has...
In this analysis we're going to take a closer look at the three previous Bitcoin bull-markets, and compare them to the current one. To clarify, I calculated that a "bull-market" starts at the bear-market lows and ends at the bull-market highs. As seen on the chart, the 2011 bull-market was an outlier. There was very little volume, which resulted is massive...
On the weekend, when trading volumes are typically lower, the probability of a significant upward move after a month-long rally is limited. While we initially had hopes for a successful scalp trade, the current market conditions do not appear as favorable as expected. We've already booked profits . If you're a spot trader or a swing trader, it's advisable not to...
ETHBTC looks really bearish right now to me at least. I expect a recovery at either the dotted line which is now being crossed or the secondary dashed line at 0.03 From there I could see a sharp recovery up as in the past ETHBTC has acted this way, aligning also with a higher high within the prior structure
This is the 4Hr chart for ETHUSD Price is sitting right above the channel down Sitting above like this could be cause for concern of a downward movement or a potential break in the larger channel. I suspect a channel break will come soon, this is shown with the curved green line, showing an up movement.
Dear traders, Ethereum broke out of the 1750 resistance level on 24 October. However, we are seeing the absence of a follow-through here. If you notice the last few daily candlesticks, you can see some long wicks at the top of each candlestick. This indicates that we might have had a false breakout. If ETH falls back below 1750, expect another drop to 1540 soon.
ETHUSDT futures, looking for the short on a limit order, I believe price has rallied to some resistance now, we can see some sell. I could be wrong also. DYOR