Over the past week, Ethereum has exhibited both volatility and stagnation, trading within a defined price range. I would like to provide an analysis of Ethereum's price action, discuss the significance of support and resistance levels, and highlight the importance of Bitcoin dominance in the cryptocurrency market.
Ethereum's Price Range: A Closer Look
Since...
PANW has been ranging between 181 and 192 for around a month, at a high position.
We now expect it to go to the downside with a possibility of dumping to our targets.
More details are shown on the chart.
Good luck!
This range has been a cycle of buyer and seller liquidity sweeps.
More sweeps equal more fuel for the next leg out.
I can't be sure the leg will be to the downside but my intuition tells me it will be.
After the final liquidity sweep, I will be looking for sells in my sell zone.
ETH formed a range between 1780 and 1616 on the 1H timeframe, deviated above reaching a high 1840 just to fall back in the range.
Now retesting the range high from the inside. If confirmed, target is range low.
CoCa-Cola has been ranging between 58 and 61 since the beginning of the year, and we now expect it to do another move to the upside, as we believe it will retest its resistance.
Our entry will be taken at the expected pullback, with a potential reward of 10%
Good luck!
Hi all
This is my BNB Long Game Plan:
- Before entering, please watch the Bitcoin price aswell, and check if they are trading the same direction.
- Also, this is a RANGE play, a small trade between to clear levels. My general sentiment for the crypto market is very pessimistic, I will be having a close watch if I decide to play this range
Here is my detailed...
CAD - Trade idea!
Another week, another trade opportunity!
USDCAD - Very clear levels.
Currently we are within the ranges. Highs: 1.36600 Lows: 1.35375
A break of key resistance highs, we could go towards 1.37730 areas. However, we if break below the lows and further down below 200 EMA I expect it to reach towards 1.34380.
Keep in mind false breaks out,...
FED wins - 2013 like softlanding:
- current range holds
- double bottom pattern takes us out with a new rally
- only viable with inflation under control
- emaflow range projections act as support areas if we break the first the next levels come in to play
- if it validates - we should be recovering arround march next year - took arround a year to visit...
Price has rejected, manipulated and trapped sellers multiple times from this supply, sweeping liquidity from the zone.
The only liquidity left will be the stops trapped above the zone.
I don't think we will penetrate these stops immediately.
I believe price will compress into the demand and liquidate that zone aggressively before returning to purge sellers, as...
ultraech cmp 7175
sl 7040
target 7300 : 7530
price fall after result now retrace and consolidating in range. try to fall again but support strong at 7050 on closing basis
therfore can break upside
keep position sizing in control
market highly volatile
breakout has been tested very hard
2Hour Chart - UTC+1
My best effort attempting to draw a trading range that if the price breaks what I think is the top of the previous range, will form a new range.
Trading range:
Bottom 24,300 Top 28,400 and Middle 25,700. At the time of writing, possible retest of the top of previous range. Having hit the weekly at 24,295 could possibly be a signal that we...
Current upside and downside levels to watch:
Upside:
- In order to see more upside, BTC must hold $21485
- Looking for some strong buying pressure to push back up to range highs
- Possible re-test of S/R levels
Downside:
- Lose $21485 and I see BTC dropping hard down below $20k
- Possible test of 50 & 200 emas. Will these act as support?
BTC is still moving...
Here's my idea on the current price action of BTC and possible target if it were to break either way:
Downside:
- If BTC fails to hold the $22500 region then I suspect the price will fall, take out the inefficiency of the pump and hit the mid-range marked out.
- Possible signs of a deviation
- Bulls running out of steam
Upside:
- If BTC can reclaim the 0.75...
GBP/USD looks good to hit the target within this range it's currently in. Good bounce-off Demand/support. Cut trade and short below if the price starts to break down and fails to hold.
Why market is entering into short-term bullishness again and latter uncertainty or range?
We will do both technical and fundamental analysis in this video tutorial, and we will see how both analyses can affirm each other.
Refer to the related video link, I explained at greater length. Or you can always visit my YouTube channel.
Content:
. Why market is entering...
Hi All here's my thoughts on Eth's movements for the coming weeks.
As per prior cycles I believe in the next 2.5 weeks Eth will rally a final leg up to the $2100 mark making a higher high & then break down.
There's a strong probability of rejection because
1. Crypto generally moves in-between ranges, this will create a higher high and form a new upward channel...
