Hi dear treaders After breaking the ascending channel, the price went down to the support area of 2982. Now the price has formed a descending wedge pattern, if the pattern is confirmed we can enter a long position. Let's see what happens This is not financial advice ( DYOR ) Good luck
Scenario 1: Continued Downtrend: if the MACD crossover is confirmed (blue line below orange line) and the RSI dips further below 40, it could indicate a continuation of the downtrend. Potential support levels to watch: $2400 (previous low) and $2000 (psychological level).
There is something about these charts... Something about the candles, the bars, the dots, the points and figures... There is something about these symbols that speaks to me; do you read charts? Isn't there a feeling involved in the chart reading process? When you turn on your screen, phone/computer, and start to damage your eyes with the artificial light, don't...
#eth Ethereum has been rejected from the falling wedge resistance, along with the MA 100🧐 In case of a breakout of this pattern, the targets are $3,350, $3,730, and $4,050🎯 The main support zone is $3,000🔺
Ethereum looks bearish for short period of time. The price will retrace in between .61 and .71 fib level. Its also forming a bearish continuous flag pattern and there is no divergence in short time frame.. In a longer run I am still bullish its forming a nice bullish flag and can break an all time high in next few months
Hi, friends. Today i start my new ideas list on ETH market. So for now we have a big volume of bearish accumulation process. First bears target 3136. Major target is 2915.36. On every next volume signal i will write a new idea. And count our point profits together :) And dont forget. Its just my mind and nothing else. I trade this strategy and just show my...
From the previous market, the price of the crypto asset will rise significantly after the Bitcoin halving event, which matches the current market conditions. So expect a bull market in the next year and a half. From the perspective of sentiment analysis, the current funding rate of the Bitcoin perpetual coin market has remained slightly negative over the past two...
Ethereum is still under resistance. It seems that more drop targets are available
There is a descending channel, after reacting to a daily resistance, it is possible to continue falling.
ETH experienced a decline towards the $2,992 zone. From its current location, the price can move in either direction. 1. A bullish breakout above $3,166 could offer scalping opportunities aiming for $3,370 and possibly extending to $3,551. 2. Conversely, a bearish breach of $3,354 might prompt a brief downturn towards $2,898, with further downside potential to...
hello trader , here is your Ethereum chart analysis for your next trade plan your trade accordingly ...to your view .. and i will UPDATE on bitcoin soon..so follow the page for next update..
As long as the red box is not broken, it can see any of the lower green lines. I think the market is a bit risky. Be careful.
If a falling wedge appears on ETH, I am going to open a long.
Order block is a smaller frame market setup, but in the candlestick frame it is a pair of candles in Higher timeframe But not enough You need to see the behavior then, 1. Price needs to escape with a segment of IMB or FVG 2. You need to see that IMB is a price suppression area for the trend (usually you will ignore this behavior) 3. Bms Question, when the price...
ETH USDT is making an AB=CD harmonic pattern. hence estimated target is at d. keeping that in view we can take short entry on next lower high and ride the trend until it reaches point D
BINANCE:ETHUSDT is forging a retest of the key support area. On the background of NFP publication, the coin grows following the flagship - BTC and tests 3130. We are waiting for a retest of 3200. An interesting promising candlestick pattern is forming on W1 on the background of the retest of the key support, which is the resistance of the previously broken...
After failing to re-claim $3,166 yesterday, we saw a decline towards $2,992 zone. From its current location, the price can move in either direction. A bullish move towards and break-out of $3,166 followed by a re-test of this level will offer a long scalping opportunity towards $3,370 and, possibly higher, to $3,551. A bearish break-out of $3,354 will lead...
Hello TradingView Family / Fellow Traders, As per my last analysis, ETH rejected the $2900 - $3000 support and traded higher. What's next? Scenarios: 1️⃣ Bullish For the bulls to take full control again, a break above the last high marked in orange is needed. In this case, a movement towards the $4000 resistance would be expected. 2️⃣ Bearish In...