Hello Everyone,
The current trend suggests that ETH/USD remains a solid long-term buy, with indications pointing towards further upside potential.
TradeWithTheTrend3344
Elliott Wave enthusiasts may observe that ETHUSD is currently exhibiting a pattern that leans towards a SHORT setup. The chart showcases the completion of a corrective wave (b) and potentially the start of an impulsive wave (c) downwards, as indicated by the recent pivot at a Fibonacci retracement level.
This potential move down comes after a failed attempt to...
Ethereum's (ETH) price continued a sideways movement on Thursday as the market still awaits a trigger. Ethereum isn't alone in this horizontal trend; several major index funds have also traded sideways, underscoring ETH's positive correlation with the traditional financial market.
Despite the recent launch of spot Bitcoin (BTC) ETFs in the US, Ethereum's...
At the Time of Writing this, BINANCE:ETHUSDT Sits at 3327. Upward trend yesterday propelled by little volume and consistent with bearish sideways action. Chart showing short term Bearish trend. ETH still remains above major trendlines, 50% Fibs, and bull flag remains valid. However if one is looking to get in again. Seek tonight or this weekend for lower price....
Ethereum (ETH/USD) has made a bullish reaction off the pivot that has been identified as an overlap support. Could this crypto-currency potentially bounce higher towards the 1st resistance?
Pivot: 2,847.25
1st Support: 2,685.96
1st Resistance: 3,111.04
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade...
🔴 Resistance - 3007 🔴
🚀 Target - 3034 - 3085 🚀
🟢 Support - 2993 🟢
🚀 Target - 2947 - 2914 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 15 - 60 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR...
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This pattern is a Grade C
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Decided to relook the strategy and redo the strategy validation by run a manual backtest from 15 March to 18 April where the regime changes from bullish to a bearish range on the D1 chart.
I am aware that once the regime changes and need to revert back to the original Long strategy
New Observation
The pull backs still happen...
Ethereum is displaying signs of divergence, suggesting a potential breakout towards targets of 3124 and 3270 in the upcoming sessions. Traders should watch for confirmation of the divergence pattern and monitor price action closely.
ethbtc looks bottomy
btc looks like it might hold 60k and at least test highs
mass liquidation event earlier this week. Largest altcoin apocalypse in a year. Open interest and funding are low
also lel megaphone sort of
Ethereum (ETH/USD) is faling towards the pivot which has been identified as an overlap support. Could this crypto-currency find support around this region before potentially bouncing higher towards the 1st resistance?
Pivot: 2,847.25
1st Support: 2,685.96
1st Resistance: 3,111.04
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your...
ETH recovers to 3k after another correction at low 2900s.
Daily close has been adjusted to mark a shorter-term bullish goal.
Failing to keep above 3k could result in a drop to the next critical at 2750.
www.tradingview.com
It is likely we will see a bit higher again coming sessions. we are basing (double bottom) and this suggest we could see $ 3,250 again or bit higher.
Strategy BUY @ $ 2,970 - 3,025 and take profit @ $ 3,275 and SL below $ 2,900.
Eight of the top 10 best performing ETFs last week were digital currency funds, largely led by Ethereum futures funds, eft.com writes in its daily note. The best performing fund was ProShares’ Ether Strategy ETF (EETH), which gained 12 percent. This ETF manages a total of roughly $63 million in assets.
EY, one of the four major accounting firms, has launched a...
The MACD indicator draws a potential convergence, which gives us the opportunity to think that we will go to another test of level 3.300
In my opinion, we see a correction to growth that lasted a long time
And we are still within the growing channel
To continue growth, it is optimal to return above 3.200
Which is quite likely as part of the continuation of...
