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...
Purple Line: 50 days MA Green Line: 125 days MA Price touch Green line three times which provide strong support. Possible next development is going to test purple line for the 3rd time.
ETH has completed the retracement face and has grabbed liquidity below the previous low but the candle body failed to close below the low now heading to create a shift in market structure ones that happened that will be a confirmation of bullish continuation to all time high
Ethereum recently broke out of a bullish triangle pattern on the 60-minute chart, suggesting a potential uptrend in the short term. The current bullish momentum appears promising, indicating that ETH might continue to rise throughout the day.
In this episode I go over the competitions I participated in April as well the competitions I will participate in May. I also go over economic calendar for the week of 5.5-5.11.
Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 3103.5. The above observations make me that the market will inevitably achieve 2721.1 level. P.S We determine oversold/overbought condition with RSI...
Ethereum (ETH/USD) is rising towards an overlap resistance that has been identified as the pivot. Could this crypto-currency stall around this level before potentially reversing to drop lower towards the 1st support? Pivot: 3,283.31 1st Support: 2,951.92 1st Resistance: 3,687.36 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...