Watching Ethereum (ETH) closely after it reached a high of $3,040 on a 4-hour timeframe chart today. If support at $2,923 crumbles. A break below this level could send ETH down to $2,874. However, there's also a chance for a breakout on the upside. If Ethereum can overcome resistance at $3,100, it could surge towards $3,160 or even $3,200.
📊Analysis by AhmadArz: 🔍Entry: 3137 🛑Stop Loss: 3182 🎯Take Profit: 3110 - 3086 - 3041 - 2986 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
For some context: Rule of alteration states that if/when W2 is a Flat then W4 can only be either zig zag or triangle. W(4) "Guideline" (not a rule) : When the 4th wave finishes its trajectory it is most commonly known the wave A will test the 2 of the wave 5 one degree less and wave C will end somewhere in the price area of wave4 one degree less. If this ends up...
The Ethereum (ETH) to Bitcoin (BTC) ratio has been on a downward spiral, recently dipping to 0.046 – a level last witnessed in April 2021 and briefly revisited in April 2024. This significant decline underscores Ethereum's current challenges in maintaining its position against Bitcoin's ever-growing dominance within the cryptocurrency market. Over the past year,...
After a long hand up in the general structure, I see a possible long with a short stop, which is not a very critical position for me
Let's see... Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
Crypto Analysis (12th May 2024) ETHUSD Analysis On 1 hour timeframe , Price has created a 1 hour bearish FVG, indicating bearishness. Currently, price action is retracing towards the 1 hour FVG slowly, but hasnt tested it yet. There are 2 high probability scenarios that could play out. 1) Price taps into this bearish FVG and rejects created a 15 minute...
#ETH The price is moving in a bearish channel on the 12-hour frame and is sticking to it well There has been a good bounce from the lower channel limit. Some minor correction is expected before completing the rise We have a tendency to stabilize above the Moving Average 100 We are oversold on the RSI indicator and we have a downtrend that is expected to break...
I can't speak with certainty, but considering the model and approach of Ichimoku and GAP,given the decline of Bitcoin as a recognized indicator in crypto, it can be inferred that the decline of Ethereum is not far-fetched. Bitcoin is projected to decline up to 3900 on a daily basis, with that being the target. Therefore, the decline of Ethereum, based on the...
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...
SEC postpones yet another decision on a spot Ether ETF application 🙄 The Securities and Exchange Commission (SEC) has postponed its decision regarding the application of Invesco Galaxy’s spot ETH ETF to July 5. The US regulator had already delayed its decision regarding Van Eck’s similar application to May 23 and that of Franklin Templeton’s to June 11. Few...
If we look previous data of ETH then we will come to know that it goes parabollic after reclaiming liquidity zone. Now current weekly time frame is also same. It has swept liquidity and now trying reclaim that level. Once it done we can see big pumping moves in ETH and also in alts but can take some time as its weekly time frame. Now its time for accumulation.
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
Good Luck >> • Warning • Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end. The risk management of the position must comply with the stop loss. (I am not sharing financial or investment advice, you should do your own research for your money.)
May approvals of spot ETH ETFs in the US seem out of question. The meetings held between the asset managers that have filed spot Ether ETF applications and the Securities and Exchange Commission (SEC) have been one-sided and discouraging, CryptoSlate reports. This is in stark opposition to the meetings held ahead of the SEC’s approval of spot Bitcoin ETFs in...
Hello friends, welcome to this ETH/USDT update from Crypto Sanders. Chart Analysis everyone, what are your thoughts on the chart? Please share your comments regarding the ETH weekly update. Ethereum's downtrend seems to be tapering off as the price stabilizes above crucial support, resulting in a 2% weekly price increase. Currently, ETH is trading within a...
Crypto Analysis (28th April 2024) ETHUSD Analysis On the 4 hour Timeframe, Price action made a bullish Change of Character after a heavy retracement on ETH. In the process, a new 4 hour bullish FVG has been formed. Ideally, I want to see price pull back to the 3282 level to retest the 4 hour minor resistance level it broke out off before creating...
Hello friends, welcome to this ETH/USDT update from Crypto Sanders. 4-hour ETH chart: Sideways consolidation near $3K support, then bullish surge towards $3234-$3324 resistance. Sellers regained control, causing renewed bearish momentum. Price expected to remain within the $2.8-$3.3 range until breakout. "I've strived to deliver the utmost precision in this...