Liquidity is slowing off Etherum toward Bitcoin as show on the ETH/BTC pair structure at lower timeframe is respecting the 50% fib level and also trending downward inside the channel , as it repeats is similar pattern!! Thank you for watching Follow me for more crypto analysis
I am no technical analyst and simply an amateur at all of this. Now the question that I have had in my head for a while now. I drew this line a while back but to me both ETH and BTC seem like they are forming a gigantic cup and handle. Anyone else seeing this? Please chime in and correct me if I am wrong. Like i mentioned this is a very amateur attempt at TA
Hello there, A potential turning point is emerging as Bitcoin investments experience outflows while Ethereum, alongside altcoins like Avalanche, Cardano, and Polkadot, stands out, indicating a shift towards diversification among traders. The successful launch of spot-based Bitcoin and Ethereum ETFs in Hong Kong underscores the cryptocurrency market's global...
I said yesterday that the rebound in Ethereum price requires attention to the 3127-3168 resistance area. If the price rebounds into this range and starts to fall, the price will continue its downward trend. Today the price rebounded to around 3130 and encountered resistance and fell, with the lowest point reaching 3060. A reversal pattern appeared on the 4-hour...
The price has completed the final wave of the falling wedge pattern.
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame with Breakout of Lower Trend Line and Retracement Impulse Correction
At the beginning of last week, the market fell further, with BTC reaching below 57000. But then V-Reversal came along. Last Thursday, the FOMC was held. The Federal Reserve kept interest rates unchanged, in line with market expectations. However, monthly Treasury bond redemption dropped from US$60 billion to US$25 billion, exceeding market expectations. While a...
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
Ethereum (ETH) is a decentralized blockchain network that hosts the cryptocurrency Ether, which acts as a 'fuel' for decentralized apps on the network. Since it launched in 2015, Ether has quickly rivalled Bitcoin as one of the world's most valuable cryptocurrencies in terms of market capitalization. The chart gives a full picture of the ETH/USD live price. You...
I'm of the belief that this correction has completed and we're at the start of our next impulse leg, Structure off the low looks impulsive and our break/re-test of the fork is pretty good confirmation this ABC has terminated.
If ETH bounces up and we see a green candle closing above the 1H Demand Zone, it might be a good opportunity to go long. SL below the swing 3039 and TP will be around 3201
MAY 7 '24 - FORECAST ETH happy trading everyone! Market very interesting lately. Maker seems obsessed with certain range.
Price is falling towards the pivot which is a pullback support and could potentially bounce to the 1st resistance. Pivot: 3024.10 1st Support: 2960.89 1st Resistance: 3128.21 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
May 6 2024 - Forecast ETH Actually not sure how this script I have will work on ETH but let's try her out.
Resistance holds in at 200EMA/3210 dropping ETH back below short-term EMAs. An ascending pattern has been outlined and will be adjusted if additional points come into play. For now we can expect a drop to 3k but closes should remain above this zone. www.tradingview.com
This is just a test, do not take this as advice. I think we have a fairly significant dip before the next positive turn, possibly all the way to $2400.
The current price on Ethereum is mirroring price action from the retracement during January 2021 - July 2022. Expect price to fall between 5-6% before the bull market starts!
🔴 Resistance - 3214 🔴 🚀 Target - 3250- 3309 🚀 🟢 Support - 3192 🟢 🚀 Target - 3136 - 3081 🚀 🚫 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...