CRYPTOCAP:ETH break down channel up, but failed to break fibonacci support bullish target from this position at $2361.92 If fibonacci failed, we have another support at $2199 classic support And $2100 major support. My opening position : Long : 2234.99 target : 2361.92 Stoploss : 2217 used equity : $16.5 target profit : $70.5 Profit percentage : 706% PnL : 7 ...
➡️If you check my posts often, you will find that I have been optimistic about the rising potential of ETH from very early on, and published an analysis post on the ETH/BTC exchange rate on November 5. At that time I suggest that everyone hold the spot of ETH and wait to go to the moon. In the later period, it developed as expected and everything went...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 2103.75-2159.0. (1W chart) The key is whether the HA-High indicator can indicate touchable...
👋Hi, everyone. I hope you have a great weekend.🥳 📈Today, I am going to analyze Ethereum(ETH) for you; since more than 80% of the Tokens in the cryptocurrency market are on the Ethereum network , I hope this analysis will give you a good insight into investing in Ethereum(ETH)and other tokens . ✅Ethereum(ETH) reacts well to the 🔴 Heavy Resistance...
➡️After 10 + days of consolidation, we gradually formed a descending wedge pattern (we generally rose according to this model). If we follow the falling wedge model, the ideal double short target may not be fully realized, so we should not be too persistent, the trading market is so changeable, so we should remain flexible, so that we can follow the rhythm of the...
ETHUSDT (1h Chart) Technical analysis ETHUSDT (1h Chart) Currently trading at $1973 Buy level: Above $1970 Stop loss: Below $1941 TP1: $1990 TP2: $2030 TP3: $2075 TP4: $2140 Max Leverage 10x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Historically, the correlation coefficient between ETH and Bitcoin is almost perfect. Admittedly, the correlation between the two assets was weakened between September 11th – October 8th. Regardless, the correlation between the two is back (current value 0.88). Furthermore, ETH’s current PA mimics BTC’s PA between October 23rd and November 8th. ETH is now...
🧠ETH structure will look clearer, it is clear that the double head short structure, the current short target has not been fully realized, so even if the rise we can not be too optimistic, try to maintain the rally after the short view.📉 ⚠️Note that if our short defense point is breached, it means that the short structure is broken, which means that the...
Similar to my idea with the Bitcoin bull market, however I expect some initial underperformance from Ethereum relative to Bitcoin with Bitcoin dominance targeting around 60%. 2024 : An upside swing on Bitcoin to $52.3k can drive Ethereum up to $2,450 range but then to pull back more significantly than bitcoin to place a 2024 low around $1160. This may not play...
🧠According to yesterday's analysis, we are still in a double-top short structure. At present, wave A may have been completed, and next we will most likely go to wave B. The expected trajectory is fully in line with expectations, and the view of shorting after the rebound remains unchanged.📉 ⚠️But please note that if our short defensive point is broken, it means...
🧠Yesterday, we continued the strength of the bulls, but unfortunately, we failed to successfully challenge the former high, and began to fall, and the bull defense point was broken, which means that our bull structure was destroyed, which means that the double top bearish structure will have a high probability of subsequent continuation of the bearish force, so it...
👆As we analyzed in the previous post, we broke the short defense point, which means that the short structure is broken, which means that we will continue to extend the strength of the bulls, challenging the former high with a high probability.✔️ 🧠We formed a smiley bullish structure after two days of consolidation over the weekend, so it is reasonable to think...
Bullish projection. Strategy should be adaptable to changes in the structure or significant fundamentals that speak against upside potential. $2000 is better price than $3000 and $4000, with upside potentials to 38k, approx 4.4 trillion. We may reject around 12.5k, for another bear market so worth reassessing the market then. Considering the roadmap and...
➡️We analyzed this possibility on November 4 before the cup handle structure of ETH was formed, and we have maintained a positive bullish attitude in the following developments. On the 8th, I published this multi-trading strategy internally, and I am very happy that we achieved all the goals as expected, with a total return of 1000%+. Congratulations to the...
➡️We analyzed in previous posts that we had a high probability of being bullish through the rising triangle and cup-handle structure, so we laid out the bull market trap several times and were happy that the market developed as expected. Now that we have locked in major profits and expect more without risk, congratulations to the friends who followed the Wolf King...
🧠We analyzed in the previous post that we broke the short defense point in the process of rising, the short structure was destroyed, the former high breakthrough means that the cup handle bullish structure was established, and we also broke the resistance line of the rising triangle, so we will continue the rising momentum with a high probability.🚀🌕 Let's...
➡️We quickly fell back after the completion of the smiley bullish structure, and gradually formed an upward triangle in the process of adjustment, yesterday after we stopped falling there was a small double bottom bullish structure, so we laid a bull trap here, glad that the market developed as expected, let us successfully hunt for 2 times the profit,...
As I said in my last post, we turned on pumping as expected. We finally made a buying move behind the up-and-down trend line. ⚙️At present, we have reduced our position by 50% and will continue to wait for the remaining targets.🙏🎯 🧠Because I believe that we will continue to break above the high, after the high we may start to fall back, if that is the trajectory,...