The bigger picture in BTC says the move is nearly complete. To enter longs I would need to se a pronounced divergence against RSI indicator.
Breaking Horizontal channel also brings us breaking the 0.618 retracement level. 4602, 5098 and 6020 are the tp goals.
In our previous analysis, we had 3 levels we were looking at. The first level got taken out pretty easily and now we're approaching the 2 others. We can see that the bearish moves are getting smaller - indicating that we may be bottoming out very soon and could be reversing. Simply watch for an impulsive move up from one of the structure levels - jump in to that...
Ethereum is showing us a very VERY similar pattern to Bitcoin. Bitcoins has a strong support level at 30k which may be the reversal zone. We're not too far off and similarly, we're not too far off from Ethereums strong support level at 1700. Once Ethereum and Bitcoin find their bottom, we can correlate it with the entire crypto market and look for buying...
ETH put in a new ATH and breaking swing structure before correcting. Its pulled all the way back into the weekly demand zone where the move originated from. Lots of high volume nodes within this area as shown on VPVR and a high confluence demand zone with resting orders. I think this chart looks bullish on the HTF, we have broke structure to the left and closed...
Ever since Novembers high, Solana has been on a massive bearish wave. An indication that the bearish wave was coming was the daily divergence. Since the bearish wave has started, we can see a number of impulses (in light blue) and corrections leading lower and lower. Question now is: how low can Solana go? A good way to call the bottom is by looking at the other...
ETH TO THE GROUND ? Suggest "NOT" to buy dip or DCA "any" coin until seeing a clear sign of reversal . Trade safe
#ETHUSDT #MarketAnalysis As you guys can see in the 1D chart, ETH is filling in the order blocks, and it's moving towards another order block. BTC dominance is making bullish candles and ALTS are bleeding. So there is a high chance that ETH will reach the 1600 to 1700 range because there lies big liquidity. You can see our recent BTC Dominance post as...
Trading Signal: There is a Trading Signal to Sell in ETHUSDT Ethereum (update). Traders can open their Sell Trades NOW Rank : ⭐️ ⬇️Sell now or Sell on 2389.00 ⭕️SL: close above 2565.00 🔵TP1 @ 2097.40 🔵TP2 @ 1847.75 🔵TP3 @ 1533.10 previous signal If you liked our ideas, please support us with your likes 👍 and comments.
As we are currently experiencing the expected return to the mean where most of the crypto market recovered back towards the 1hr 50 EMA. Lots of traders and investors are bottom fishing, which is good, but I do not think this is the bear market bottom. I have a few reasons for that: - Stock markets are not done correcting - Monetary policy (from the fed) only gets...
Are you ready for 31K ? Bitcoin in short channel and if it cant break this channel targets will be 1.618 fibo levels and 2.272 fibo levels (31K) You know my previous analysis and I never become buyer on BTC , lets watch the trend channel and fibonacci levels Check out the Link to related ideas part Please support us with LIKE / COMMENT / CHEER DISCLAIMER:...
Yesterday I said that my target for the correction is 2600 and pointed out very clearly that this is a correction, not a resumption to the up trend. The cryptocurrency reached 2550 and reversed very strongly, trading now at 2300. This is a very clear sign for me that EthUsd has more to fall and the most obvious support on our daily chart is 1800 zone
Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: An uptrend expected to continue. (27650.0-33101.0 section: strong support section) The 42084.0-47010.0 section is...
Ethereum continues subdividing lower in sync with stock. I am surprised that gold holds so well in such bearmaggedon everywhere. That's because I shorted it, I know.
Some people have written to me that I'm an avid shorts fan (and maybe I don't even like cryptocurrency rising). No guys, it's just the situation in the market, and it's not up to me. The fall is still going to continue, several Fed rate hikes have been announced this year. As for spot trades buy and hold, I will pick up currencies significantly lower (ether...
you can see, ETH USDT will go down for sure into support level 2 In support level 1, when you lower the time frame in to H1 you can see the double top pattern that will lead ETH USDT into support level 2 II analize using fibonacci and support resistance area