---- Mid-term Analysis for the next coming 4 weeks to 3 months - Based on Daily Chart ------- ETH/USDT: Bullish reversal must be confirmed - 2170 to watch Context - The Global Crypto market leads by BTC and ETH reversed a new bullish trend - BTC remains in underperformance versus ETH. - We are watching at 2170 to bypassed to extend the bullish recovery in...
Beast Trading _ Today's Bitcoin Analysis After the Ethereum Merge event yesterday, there was a strong shaking movement up and down, hitting a high point after 16:00, creeping down, and a strong drop occurred after the opening of the Nasdaq. Bitcoin also fell due to a sharp drop in Ethereum, renewing its low point. Overall, the stock market situation is judged...
ETH is still high interesting since the merge, and this level it seems interesting for recovery back into higher price action.
A small update after the merge earlier today: - SSV broke to the downside before the merge and right after the merge it pumped right back up, with nice volume, above the trendline and got rejected by the .382 - In my opinion we will go into a small accumulation phase where we just go sideways for some time. It would make sense if this accumulation will be...
As predicted yesterday, Ethereum saw great support at $1547, confirmed by multiple green triangles on the KRI. We are currently ranging, bouncing back and forth between this level and $1653. Recall that $1653 is the first of a series of resistance levels which extend through the $1700's. These are sure to provide resistance unless serious momentum comes...
Censorship risk Just three weeks before the expected date of the Merge, financial regulators at the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) dropped a bomb on the crypto world with the sanctioning of the Ethereum-based Tornado Cash mixer. There remain a lot of unknown implications, but many developers and node operators decided they...
ETH 2.0 is here! Today, at around 3AM EST, Ethereum’s long-awaited transition from Proof-of-Work to Proof-of-Stake took place. Prior to the event, many were left wondering what the impact of this important occurrence would be on the market. Would a successful merge lead the way to a more bullish market outlook? Or would a failed merge lead to further capitulation...
Hi Snipers, Please refer to the recording for the next price levels and scenarios. Thanks MS
🐼!success!🐼 Loading... Surge Verge Purge Splurge Then I guess bag talk? Something something moon? Or $650 lower log regression retest followed by reset and eventually...liftoff. Who knows? All the best. See you on the moon.
Hello Friends 😚 As you can see in the chart, again this cryptocurrency has formed a triangle pattern. In the past, the break of the triangle pattern in the range of $0.7 caused a sharp drop in this currency, which, given its poor performance, if the price breaks the current triangle downwards and stabilizes below the support range of $0.30. The price is expected...
Just some correlation about ETH movement between wallets, exchanges and Arbitum Seems Arbitum served as a "cold wallet" to pump Ethereum prices in the past They acted mainly related with Binance... And Binance was the first to "block" ETH withdraw during the upcoming Merge. So what next? Just keep watching what happening with Arbitum network, where...
The influence of merge activity has already won back its significance, and many people think so. In the short term, we can stay in this triangle, but soon the market will begin to actively close the correction zones.
This ETH coming merge over 7 hours can change the crypto markets on a side of the bull trend :there is a good chance for. It's important to know that there can come new volume since this trend is going to happen. BTC can go into important trends coming time. We will see later what the effect will be.
Hello Traders LETS fly! Ethereum is probably going up on the release. Everyone talking about a sell the news event, but the sell off happened before the news was release. So its probably fly time. The 4 Hour candle that have just closed signals that the bulls are in control, and we will probably go up from here We hit the trend line for a second bounce, and...
After Awful CPI data and projected 100BPS Raise next week the trend continues to be the same
Hello 🌞 Currently, the price has reacted by hitting the dynamic support line and it is expected to advance to the level of $1,655 to $1,690 and the price will again hit the dynamic support line. If the dynamic support trend line is broken and the price stabilizes below the green area of $1,500; We expect it to touch the levels of $1,425, $1,360 and the Volume...
The chart here looks perfect for a short in $NVDA, and as a bonus we have #Ethereum transitioning to Proof of Stake for transaction validation, which together with high electricity prices will make GPU mining go extinct overall. I'm short, as part of my long/short stocks portfolio. The other shorts are crypto currently, which are likely the riskiest of all risk on...
Fundamentals: Many people assume the Merge will be a buy-the-rumour-sell-the-news event. I was also of that opinion, but it is no longer my base case I believe people still see a lot of risks arising from the upgrade, hence its success is not yet reflected in the price of ETH This trade is a bet on a (short-term) wave of optimism which will set in once...