ETHUSD Daily bearish. Recommended ratio: 5% ETH, 95% Cash. *With Celsius and 3AC both crashing hard and on the verge of total collapse, the crypto market is continuing to take a barrage of bearish hits during a period of Fed QT and hawkish monetary policy.* Price is currently forming a Bearish Engulfing candle (at $1050) as it quickly approaches sub-$1000...
ETH appears to be on the verge of breaking out. With prices declining to lows since its recent rally, the retracement seems to be treading above the .78 Fib level. Key items to look out for in the future to confirm the breakout is to confirm a solid close above the previous support level and an increase in RSI. This can be seen as a bullish divergence with MACD...
Eth is very close to the main support level of 1000$ I think the price can make fake breakout and then upward impulse. Any way with a fake breakout or without it I expect ETH will grow The Target zone is 1430-1540 $ and the main target level is 1500$ So, I'm waiting for this scenario. This is my opinion, I really hope this will be useful for you. Be ready...
Update! . . I am expecting an extremely powerful and severe wave 5 Probably peaking towards end of year
Wave analysis shows these as good targets. Could go lower beforehand . ... eth
Slight recovery to briefly send us above upper long-term trendline before falling back down to 1100. A broader triangular pattern has been displayed based on recent PA with assumed average around 1150 - long-term trendline. Reversal is still a possibility at this zone and I'd expect a breakout point sometime within the next 3-5 days.
I did this chart to show how people react to the market. It shows little interest with a prolonged slow rise then more interest and more interest etc until the FOMO blowoff hits. This increase in angle of uptrend plays out in every timeframe and in almost every chart. I think the crypto market is just getting warmed up. We're about to go parabolic in my...
ETH is trying to make an inverse head & shoulders which is a reversal pattern granted this is the hourly chart, but some hopes of a temporary bottom is nice to see in these market conditions stay safe and have patience not tradingadvice tg
The current chart presented shows an important Trait traders must have to avoid exposing themselves to the market too much.. The simple fact of Trading is that you will never achieve 100% accuracy all of the time. You don't need to do this to make money, so long as your risk management plan CATERS for market swings. since market swings are inevitable parts of...
As you can see, Ethereum's consolidation/correction is a very similar structure to the one in 2016. 2016 had a drawdown of around 72%. Today we went down 79%. Is the bottom in?
Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start. Today I want talk with you about ETH chart. Eth is very close to main support level 1000$ I think price can make fake breakout and then upward impulse. Any way with fake breakout or without it I...
Everyone sees this, but who takes action? This is a 10-year opportunity. don't miss this!!!
Ethereum pumped a bit from lows after the FOMC event yesterday lifted stocks in a relief rally. This was quickly faded and we met stiff resistance at $1235, which we anticipated yesterday. We are currently wavering in the area between $1235 and $1017, establishing value here for now. We expect $1K to hold for now, as it is a strong psychological and technical...
Last bull cycle everyone packed their bags and thought it was over (bottom left in the highlighted rectangle) our current pattern is nearly identical to it. Imagine when we build a little momentum back up and start recovering how quickly they could cause fomo, that 1-2 trillion dollars sitting on the sideline we know is waiting to be put back into the market and...
Price is at the oversold boundary of the RSI on the 30m Timeframe. Ethereum is out of the oversold RSI zone on the 4H Timeframe. Trading volumes show interest in the upside of the price. I expect that ETH may retest the lower boundary of the descending channel, and also continue to grow after fixing above it.
Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like...
Big support zone ranging from 2018. Longterm bullish. Buy zone from $1100 / $800.
Forks and pivots Not trading advice Small ded cat then to 500 GRI 2022