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...
If we look previous data of ETH then we will come to know that it goes parabollic after reclaiming liquidity zone. Now current weekly time frame is also same. It has swept liquidity and now trying reclaim that level. Once it done we can see big pumping moves in ETH and also in alts but can take some time as its weekly time frame. Now its time for accumulation.
** CRYPTOCAP:BTC performed Falling wedge in 1D TF ** Keep eye on it Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow: 1. **Identify the Falling Wedge:** - Look for a downtrend in the price movement. -...
ETHUSD Elliott Wave Technical Analysis Mode: Corrective Structure: Flat Position: Wave (c) of (iv) Direction: Wave (c) of (iv) is still in play Details: Wave (b) ended around 3878 and now Wave (C) is in play which I expected to be end around 3050-2870 which will be my entry point. Next Direction: Wave (v) which will complete the next higher Degrees...
Hello Traders, Hope you all are doing good!! I expect ETHUSD to go Up after completing this correction. Look for your BUY setups around the marked zone. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper...
#ETHUSDT appears to be forming a bull flag pattern. A bullish signal will confirm if we see a close above the blue 75 EMA and a breakout from the flag. Until then, consider this a retest of the dotted trendline. Let's wait for the weekly candle to close for more clarity, as the 75 EMA has proven quite reliable on the daily chart! NFA, DYOR! Please hit the...
The Ethereum (ETH) price action against the US Dollar (USD) presents an interesting conundrum for traders. Recent price movements suggest a potential turning point, and the decision of whether to long (buy) or hold ETHUSD hinges on several key factors. Prior High as Support: A Bullish Signal? The current price of ETHUSD sits above a crucial support level – the...
This curved trend line creates an area of support for prices come down from recent heights This should be a short lived bear move so hodl strong. Arrow shows my thoughts about how I think price will move.
Watching Ethereum (ETH) closely after it reached a high of $3,040 on a 4-hour timeframe chart today. If support at $2,923 crumbles. A break below this level could send ETH down to $2,874. However, there's also a chance for a breakout on the upside. If Ethereum can overcome resistance at $3,100, it could surge towards $3,160 or even $3,200.
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
4h time frame - TP: $4616~$4890 SL: $2575 - ETH is creating a potential wedge structure, that hasn't been confirmed yet. A standard structure is made of 6 six touching points at least, it's not completed due to lack of one more point on the wedge top. Also, there are two paths if we consider it as a continuation patter, first is the green one, that leave $2817...
ethbtc has been in the never ending channel of pain since Oct '22, but we think that's finally coming to an end. successful retest and reclaim of the April '22 low (pink box). eth looks great here, which likely signals the real start of alt season.
after we see breakup eth last high in low tf we can buy that on 0.618 fibo update soon...
ETH/USDT has entered weekly fibs zone. With HK ETHETF, asian insto's money might trigger a push on eth. Locking in buy limits at 3032, all the way to 4092
Trading during the accumulation phase in the Wyckoff method involves identifying potential accumulation zones and entering positions based on signs of accumulation by smart money. Here's a basic guide on how to trade during this phase: 1. **Understand Accumulation Phase**: In the Wyckoff method, accumulation is the phase where smart money (large institutional...
Trading Setup: A Trading Signal is seen in the ETHUSDT Ethereum (Futures) m15 Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 3162.1 ⭕️SL @ 3103.0 🔵TP1 @ 3299.0 🔵TP2 @ 3426.0 🔵TP3 @ 3550.0 #cryptosignal #Crypto What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku ,...
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, recently experienced a rollercoaster ride, briefly surging above $3,300 before encountering a sharp decline. This price action has left many investors wondering: can the bulls regain control and propel ETH back towards its previous highs? A Short-Lived Rally Followed by a...