Ethereum / Bitcoin Spot
At the point where we have placed a red arrow on the chart, Ethereum correction has started. Ethereum seems to be forming a diametric pattern. It can move from the specified Supply to the specified Demand. On the Demand range, you can look for buy/long positions. Closing a daily candle below the invalidation level will violate our buy/long view For risk...
The cup and pullback pattern is formed. Heavy accumulations of whales (including okx wallet) At least 1000% profit in two months. Let it be remembered
🔴 Resistance - 3007 🔴 🚀 Target - 3036- 3062 🚀 🟢 Support - 2990 🟢 🚀 Target - 2962 - 2931 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 15 - 60 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Here on BME:ETC , we can see a lot of down pressure on the 4h time frame The 1st and 3rd targets was already achieved as is indicated over the numbered pink arrows as this targets were from the downtrend above Now, it looks like a downtrend flag is forming inside the yellow area This flag is giving us another 2 more down targets the coincide with the floor of...
SEC postpones yet another decision on a spot Ether ETF application 🙄 The Securities and Exchange Commission (SEC) has postponed its decision regarding the application of Invesco Galaxy’s spot ETH ETF to July 5. The US regulator had already delayed its decision regarding Van Eck’s similar application to May 23 and that of Franklin Templeton’s to June 11. Few...
Hello Traders, For the interim while we wait and see what BTC will do over the next few weeks, I figured I would post a trade set up that has two definitive directions and will update along the way. As we will see the daily updates I post for BTC and ETH by following our signature. That said, this is a nice trade as we have both options to make gains on being it...
In the big picture, extremely BULLISH!!!!!! !In a small picture!: MACD crossing down is very likely. Because macd has failed crossing, which makes the next crossing more realistic. Crossing down means BUY when the price is in red and there is no sign of green. Support points or resistances are required Under 3000k soon. The landing level is not known today, only...
Upon analyzing the #Ethereum chart on a weekly (logarithmic) timeframe, it is observed that the price had grown by 169% from October 20, 2023, to March 11, 2024, reaching $4090, before finally experiencing a drop and correcting down to the $3000 range. After a correction, it is likely that we will see Ethereum grow back to its previous high of $4850. The long-term...
Upon reviewing the #Dogecoin chart on a weekly (logarithmic) timeframe, we can see that last week the price dropped to the demand level of $0.12 and then encountered buying pressure, managing to rise by more than 40% to $0.17. Currently, this cryptocurrency is trading around $0.148 and I expect further growth in the medium and long term. The upcoming price...
Upon examining the #Litecoin chart on a weekly timeframe, we can see that the price is currently trading around $81.5 and there is still an opportunity for further analysis for long-term investment. The demand zones are respectively from $67 to $72 and $53 to $59, while the supply zones are $93.8, and from $112 to $134. The targets for this cryptocurrency, in...
Upon reviewing the #CHZ cryptocurrency chart on a weekly (logarithmic) timeframe, we observe that the price, after a correction down to $0.10270, has once again encountered demand pressure and has managed to grow to $0.13130 up to this moment. The yield of this analysis has been over 30% so far and remains valid! The next targets, in order, are $0.16890, $0.215,...
Hello traders ! Upon reviewing the Bitcoin chart in the weekly timeframe (logarithmic), we observe that after the price dropped to $56,000, it encountered demand as expected, presenting an attractive buying opportunity to purchase at a discount. The return on this analysis from last week until now has been over %15, and the price was able to rise from $56,000 to...
Hello, dear friends! 🩷In your opinion, does the price formation look like it's heading upwards or downwards?🧐 Let's disregard the halving event and the moonshot hype. 🤷🏽♀️To be honest, in 2020 everything seemed quite obvious to me: 🟢there was significant accumulation; 🟢all possible indicators were giving bullish signals; 🟢chart patterns were also quite...
As long as the red box is not broken, it can see any of the lower green lines. I think the market is a bit risky. Be careful.
Liquidity is slowing off Etherum toward Bitcoin as show on the ETH/BTC pair structure at lower timeframe is respecting the 50% fib level and also trending downward inside the channel , as it repeats is similar pattern!! Thank you for watching Follow me for more crypto analysis
I am no technical analyst and simply an amateur at all of this. Now the question that I have had in my head for a while now. I drew this line a while back but to me both ETH and BTC seem like they are forming a gigantic cup and handle. Anyone else seeing this? Please chime in and correct me if I am wrong. Like i mentioned this is a very amateur attempt at TA
After failing to re-claim $3,166 yesterday, we saw a decline towards $2,992 zone. From its current location, the price can move in either direction. A bullish move towards and break-out of $3,166 followed by a re-test of this level will offer a long scalping opportunity towards $3,370 and, possibly higher, to $3,551. A bearish break-out of $3,354 will lead...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame with Breakout of Lower Trend Line and Retracement Impulse Correction