Happy Weekends Everyone, BINANCE:ETHUSDT we have got two scenarios with this crypto pair first one is where price continue the bullish trend up to $2800 and the second scenario where we expect price to drop around $2100 region where we can price yet to fill the liquidity void area. However, looking at the current market sentiment we do not think that price can...
ETHUSDT taking support from trendline and we will see a upside movement from here. Manage your risk according to your account size!
🧠We entered the market based on the smiling face bullish structure of the small cycle. At present, we have successfully reached the smiling face target area, so we have locked in the main profit here or stopped all profits. From a macro-cycle perspective, after we break through the neckline, the cup-and-handle structure is established, so there are targets above...
➡️We are in a healthy correction right now, so don't be too pessimistic.☕️ 🧠As I mentioned in the previous post, we managed to break the short defense, so this means that the short structure is broken, which means that there is a high probability that we will continue the long power. Then, in combination with form and structure, we are also bullish, and unless...
🧠As I mentioned in the previous article, we managed to break above the inflection point, where the Elliott correction wave C may have ended. Given that we have successfully broken above the inflection point and the resistance line along the wedge, we are likely to perform well after the pullback.🔥 ⚠️Note that if our long defensive point is broken, we will...
ETHUSDT W1 - The price is near a strong level from which a corrective movement can be expected, also the price is now overheated, which technically indicates a possible correction after a strong impulse. It is also worth considering that the news release may continue the price pump. D1 - Price Can form a 3-wave structure from a strong level, which can...
ETHUSDT W1 - The price is trying to fix above the downward trend line; if the fixation is successful, the path to levels 2734 will be open - the 5th wave is realized on MN D1 - The price is moving in an ascending channel, when the price is fixed behind the level of the trend line on W1, the best option is to wait for a retest to open purchases to continue...
4h time frame - ETH hit the resistance from downtrend line which is the top of a falling channel. ETH stays longer than previous times it reached this downtrend line, this is a sign shows comparable strong information. Therefore, ETH has high possibility to break out this channel, and we can have higher target like 2000 and 2200 if break above the structure....
4h time frame - ETH is creating a falling wedge since 17th April, and just got bounce from wedge bottom at 1520 Assuming ETH is keeping satisfying this structure, then we can set target at wedge top around 1850. Also, 1850 is the 0.382 Fibonacci Projection, which is the PRZ and have possibility to bring ETH down to 1300. Therefore, we can set a trading plan...
BINANCE:ETHUSDT starts to break through the lower zone of a symmetrical triangular figure originated in 2022. If fulfilled, its potential target would be $430. BINANCE:ETHUSDT 1W On the daily chart ETH is immersed in a sideways for two months. It has lost its 200 average and also its medium-term bullish trendline . It would be logical that in the...
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and higher Target/ Reversal zone: 1200-1050 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . Good luck everyone! Follow me on...
1h time frame - ETH just broke this falling channel, and it did that broke with a V shape in 15 time frame, refer to our analysis on Bitcoin, doing long is better now. Next, 0.618 and 0.886 Fibonacci Extension assist us to set targets at 1695 and 1734. - TP: 1695 / 1734 SL: 1610
4h time frame - ETH creating a potential bearish harmonic pattern_crab, which utilizes 1.618 Fibonacci Projection of the XA(1745.84~1531.08), the calculated PRZ(Potential Reversal Zone) is around 1880. Also, range 1839~1933 is the resistance zone we talked before, which is made of 0.618~0.786 Fibonacci Retracement, and there is the S/R, too. In conclusion, 1880...
2h time frame - ETH completed trend breaking, and the clear support is 1608(yellow line) According to the continuation possibility and support price, we can set up a trading plan, WHICH target is the reasonable PRZ and also the position that BTC's potential right shoulder top. TP: 1840 SL: 1599
4h time frame - This market tends to fall in near future, but cannot make a huge dump without a continuation structure. Therefore, ETH is creating a potential rising channel or can be defined as a bearish flag, which will provide more momentum for further dump. It's not hard to realize due to concept about "Stop Hunting", market always tries to liquidate as much...
4h time frame - ETH creating a potential falling wedge, also a continuation structure This wedge can be confirmed if go up and reject at 1750~1789 There will be a great price to set short plan, and target is lower 1450 Stay prepared for it
Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 1900 and ~2200 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on...
EURUSD moving in Channel range now wait for breakout to trade or place your buy stop and sell stop. Manage risk according to your account size.