ETH is heading lower to 2850-2750 before we see a reaction. Will be waiting for BTC to hit 39k as well. Until then I am sitting cash. There definitely is still a short opportunity here for those willing to take the risk. I will not be. Sitting on stables until we reach demand.
ETH 1D support is at ~$2880 Enter 50% here and try to set some buy orders near the support zone If ETH holds above the trendline, the Take-Profit target would be $3420, $3880, and $4330 Cheers
ETH 1D support is at ~$2850 Enter 50% here and try to set some buy orders near the support zone If ETH holds above the trendline, the Take-Profit target would be $3420, $3880, and $4330 Cheers
Marked out levels...looking for confluence in the 2.5-2.6k range
ETH 4H support is at ~$2700 Enter 50% here and try to set some buy orders near the support zone If ETH holds above the trendline, the Take-Profit target would be $3340, $3680, and $3960 Cheers
Crypto markets have seen a nice pump in the past week, but ETH is currently overbought on RSI at the 6H, 4H, 2H and 1H, and has bumped heads with the long downward trendline originating at the start of December. Medium term this may be the start of a big reversal that sees us heading back up, but in the short term I expect we will see this trendline acting as...
ETHPERP SHORT on ETH on BInance The same pattern like on BTC, If SL will be triggered I have 2nd entry.
are you aware of the 60 days dump cycle? if not google it or tweet, or just open your chart put up a daily time frame or weekly, you will notice that on average there's a 60 dump cycle on crypto. So what now? THAT CYCLE ENDS THIS WEEK AND MY BET IS THIS MIGHT BE A LOCAL BOTTOM. I'm not talking about capitulation which might happen between april and may, remember...
After the recent big dip, many people are looking across the crypto market for signs of strength, to get in on a potential big wave up. In my opinion the key thing we need to see before anything else is a higher low, and to see how the price action handles a dip at this point. Will price bounce off a new higher low with gusto? Will it create a higher low and...
Price has been consolidating within a range. The range low has been swept leading price to bounce. The range high has also been taken out and is failing to push higher. Price is likely to fall to a LTF demand zone (blue box).
Price has been consolidating in a LTF range. Lows were swept, price dipped into 2D demand, buyers stepped in. Range high now also taken out. Bull case - HTF close above range and we will likely push to 2D supply Bear case - can't hold above range then we will likely revisit lows
Technical Analysis Summary ETH/USDT TREND ANALYSIS We have 1 Downtrend in red color We have 1 Uptrend in green color (Internal Uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of...
btc long market is in downtrend so if we don't break indicated resistance assume a further downtrend. Happy trading
I think a small bounce towards the next resistance zone, so I'm taking a small long to sell for a short. ETH has been creating lower highs and lower lows for the past couple of days. I'm only risking 1R both long and short. ETH long: Entry: $4085 SL: $4010 TP1: $4290 with 1% risk for 2.73R After TP I'm going for a short with multiple targets. I expect some...
The final leg of a 5-0 pattern with reciprocal ab=cd. Keep in mind the pattern is still valid up to 61.8% retracement (projected 50%) Per Scott Carney "Harmonic Trading Vol 2" "The 5-0 is an incredibly precise pattern that possesses only two numbers – the 50% retracement of the BC leg and the Reciprocal AB=CD Pattern™." harmonictrader.com Not financial advice
I was waiting until now for ethusdt touch the 3950 which is the core of MPL of a serious FLAG LIMIT I drew all stories of ETHERIUM RED and GREEN lines are my favorite stories! BLUE STORY may occur only if green flag limit ENGULFED by the price & retrace up not to make impulse leg , to fall to the NEXT TRUE DEMAND! that would be the whole DAILY FVG! (about...
www.tradingview.com FTX:ETHPERP Was that small pullback it? Thats a big bearish abcd on the golden ratio. Waiting for now Not financial advice
Hello everyone, I am very busy today and have not been able to spare my time to publish anything until this late evening. As of now I am in a long position, entering from 62500 since approximately 4 hours ago. I am putting a stop profit at 62800 (just right at the blue line below the current candle) which I will increase gradually as BTC hopefully continue its...