Ethereum / Bitcoin Spot
Eth ( blue line ) with eventually fall below the 200 MA and stay there until April along with btc Usdt tether has stopped printing and manipulating the market , sec investigating them so they are behaving . No overnight China pumps since the ban Yes some small pumps by whales and traders but nothing on the scale of 2017-2021 This is what the YouTubers don’t...
As we can see, ETH is trading in a small triangle pattern between $2,030 - $1,425. Bullish Scenario: Break above the trend line and the local resistance of $1,800. Bearish Scenario: Break below the trend line and the local support at $1,400.
This is a risky trade so please use stops if you follow me. I'll update on progress. Best to all, Chris
Hi folks , buy at current market price Which is 0.00566 Tp1 : 645 ( 12%) Tp2 : If it close above the resistance then tp2 will be in your favor Stoploss is very small , so you can take some risk But I would recommend close it manually because there can be a fake bearish wick which can hit your stoploss All tps and sl are shown in chart.
PLEASE DO NOT COPY MY TRADES WITHOUT DOING YOUR OWN RESEARCH AND ANALYSIS I see a nice long position here bit of room to go down but 10 Lev going pretty strong on this one taking quick profit on it but with everything in these times dont wait to try make the 100% gains Good luck to all
Ethereum is working on it's descent to fresh new lows. Along the way there will be declines and retraces. The above chart covers some of the sub waves within this larger wave 3 of 5 to $700. Best to all, Chris
In the 4 hour Time Frame there is a Breaker formation (Low, High, Lower Low) (Pictured here) which usually implicates Smart Money (Deep Pockets) have pressed the chart down so hard that it got retail traders to sell along with it. It get's to a price that is attractive enough for Smart Money to buy up a lot to run the price up. As it breaks the swing high Smart...
What do you think about that scenario short squeeze to take late shorts then go back down.
ETHUSD Daily guidance is cautiously bearish. Recommended ratio: 25% ETH, 75% Cash. *After a successful Merge, Ethereum is now a Proof of Stake network... and in classic Crypto fashion, it appears to be going through a "Buy the Rumor, Sell the News" cycle. Cryptos, Equities, Futures, Commodities and the VIX are down while the Euro, US Treasuries and DXY are up...
Maybe a quick pump up until OBV is in harmony again.
Trade Plan The market is digesting the breakdown of support at 1529 and consolidating above the lower boundary of a triangle on the daily chart (see related idea below). Look to initialise a short position on signs of weakness during retest of resistance at 1529. Key Takeaways Price is currently below long term support at 1529 The bottom boundary of a...
ETH is still high interesting since the merge, and this level it seems interesting for recovery back into higher price action.
Analysis update. Based on price analysis, the trading range was in a range. Our strategy was to trade at the ceiling and floor of the range. Until the price succeeds in breaking the ceiling or floor. After breaking the floor, the price moved its range to dynamic support. . Now, by finding reversal patterns, you can enter a buy position
Hello everyone, Congratulations to all ETH holders, POW to POS was implemented successfully, but it doesn't mean the price will pump immediately afterward. The merge will impact the price in the long run, but from a short-term view, it's bearish. Please hit the boost button if you agree and tell me what you think. Thanks.
I think this path of price will happen. based on price action, Fibonacci, Elliot waves, and behavior of big whales. this is a personal idea 💡
BTC did show some breakdown trends, and the most expecting and thinking that we are already in the confirmed zone for breakdown trend, there is still no confirmed trend for the real breakdown. BTC can show unexpected breakouts. The chart shows an important volume zone, where BTC can get a movement increase to above 21K, where it can gain to 24K. Trading...
$ETHUSDT is interesting, I've been bullish relatively vs Bitcoin for a while, but got out of my latest attempt at riding the pair trade in minor loss of 0.15% yesterday. I had secured some gains since my last publications before, and tried buying back after a dip. See related ideas for the last post. There is a lingering chance of forming a monthly uptrend in...
Let's start with what Merge is and how does it affect the price? This is where ETH switches from POW to POS. This means that the "production" of new Ethers can drop by as much as 90%. However, you should be aware of the dangers that could occur if the update failed. But as always, let's try to be optimistic for a moment! Knowing the past, or if you prefer...