Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
The markets are correcting lower after a brief increase predominantly following BTC up. By looking at higher timeframes,...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Imagine ETH is trading inside a building and you are currently on the third floor.
📌 1230 is currently your floor / support. For the bulls to take over, we need a break above the orange channel AND orange zone.
In this case, a movement till the ceiling 1300 would be...
In the four-hour time frame, until the price creates a close below the $1,226-$1,208 range, short-term buying tendencies have not yet disappeared.
Breaking above $1260 can be a warning for buyers to regain strength and continue this growth up to $1330-1345.
If the mentioned support is lost, it can be expected to continue to decrease to the range of 1100 dollars.
ETHEREUM: Another Brick in The Wall
ETHEREUM: The Bearish Pattern Is Still Valid
Since yesterday the price has created another small pattern below the structure.
As we can see the small pattern is showing again that the bullish volume is small.
The probability is high that the price can move down further.
Considering that the price broke down a big...
As you can see, the price again faced buying pressure after reaching the range of $1100 and was able to grow up to $1300, now the price is trading in the range of $1240 and if the price can consolidates above $1200 Its next target will be $1350! This analysis will be updated!
Follow me for more analysis & Feel free to ask any questions you have, I'm here to...
TP 1: $1,239.26
TP 2: $1,251.84
TP 3: $1,262.00
This is our ETH range for today. Short squeeze to the resistance and then we can decide what to do from there whether to continue longs or short.
My target is around $1,250ish.
The market structure is defined by counting the elliot waves, the plan is to see one more impulsive wave to the up.
We are probably in first impulsive wave or in the A corrective wave.
From the price action point I am looking to see wick under the buyside liqudity.
RSI is needs to get one more high before the exhaustion.
Volume looking pretty heavy in the lower...
Idea: The price has formed many bearish divergences. The chart is trying to break through the resistance level of the daily 50 EMA and the trend line. The price will fall to the POC level if it does not break through the resistance level
ETH is keep moving between 1220 and 1240 for sometimes now and is forming a symmetric triangle that could breaks either up or down or we may have false break, so i would long or short either another bounce or rejection at SL or RL or at clear break up or down; RSI on 15M, 30M and 1H is overbought and on 4H is oversold, that tells me that we may have a pullback...
This is a very bearish 3-wave corrective pattern (WXY) double ZigZag. This pattern is now confirmed, and ETH could drop significantly!
It's not looking good for ETH at all. The bear market is strong, and ETH can potentially reach levels below 1000 USD.
The most important yellow trendline has been destroyed by the bulls, and the bears are back in full force!
We broke out of the 24 hour side-way trend. We will probably see a short uptrend (orange), if we hit the second green box we might even see a bit more (green). This is not financial advice, I use this to day trade. This is not for taking a position for more than 24 hours.
Price moved up from the 3h demand zone as expected after it was in a range and broke through the resistance at $1,265. MACD is bullish, RSI is bought and EMAs are neutral. If price closes above that resistance then i would expect it to reach the next area of resistance around $1,300 as a short term target.
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Hello to the TradingView community and my followers, please, if you like ideas, don't forget to support them with likes and comments, thank you so much and we'll get started.
Today, I want to talk to you about the GBP/USD chart.
On the chart, we can see how Ethereum has left the range.
The price broke through the support, which has now became resistance level...
I hope you guys been following this triple top display of perfection. Currently, price should drop nicely then create a beautiful wick in the next four hours. If a gap gets created after 3 hours then this pattern is spot on for a second confirmation of the pattern.