ETH has formed a Bullish Flag within a bullish Flag. After breaking above the resistance it can continue go to up 🔵Entry Zone 2780.00 - 2766 🔴SL 2737 🟢TP1 2950 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future...
ETHUSDT Technical analysis update The ETH price broke through an ascending triangle pattern on the weekly chart, potentially indicating a bullish move. Price possible to touch the $7,500 level before the end of 2024. We recommend entering the trade using the spot market. Buy Level: Below $2750 Stop Loss: $2,150 Regards Hexa
Technical analysis Ethereum is very bullish, the price went above the trading range, which is a strong sign of strength. We want to wait for a retest of the trading range, do not FOMO in. Make sure your entry price is good! We can see that the ABC correction has been completed and we have already started a new impulse wave. This is my quick update on ETH. Let...
Scenario 1 (High probability): As you can see in the chart, BINANCE:ETHUSDT has formed a nice Flag pattern and heading towards the next support. If ETH follows this flag support then we are looking at ETHs Next support around 2k I hope this flag pattern fails and ETH shows some bullish momentum. However sometimes correction are best to get more accumulation and...
If you have a look at BINANCE:ETHBTC pair then you can clearly see that we are about to have a Golden Cross in rsi in Daily Tf.. If this happens then would fly soon... What do you think about this scenario??
So far so good, the trade is in profit and out SL is at breakeven. However, Many people did not get first entry, is now a good time to add to longs? time will tell.
#LTC On the weekly we can notice LTC hasnt moved very much similar to the last cycle. The indicator below is BBW (Bollinger Band Width). When it is low, this means that the bollinger band is tight = volatility is suppressed. I will go ahead and buy some LTC here for a swing spot, will update in due time.
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) It is necessary to check whether it can receive support and rise in the 2159.0-2531.05 section. The most important thing in the 1M chart is whether it can touch the HA-High...
Indicator on chart shows previous highs and potential future reaches for ETHBTC I expect ETHBTC to move in a curved channel that I have plotted in white. Reversal of ETHBTC on this Weekly timeframe is possible.
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT chart) HA-High on 1M chart: 3321.30 HA-High on 1W chart: 3962.13 (1W chart) We need to see if we can get support and rise around 2419.83. (1D chart) It appears that the HA-High indicator...
We have good confirmations that the structure has become bearish, because after the bearish CH, we also had a bearish iBOS. The ascending movements are weak and in time dimension. It is expected that we will have a drop from the marked supply red box towards the green box. Note that if you have followed our analysis before, we have had a diametric for Ethereum,...
Currently, the RSI has entered a zone that often signals a shift towards an upward trend. The downward trend is nearing its end, and I anticipate that Ethereum (ETH) will begin to perform better than Bitcoin (BTC), or at least, stop lagging behind it.
This is an updated version of my first Sol.D idea. I've studied all top 50 alt dominance behaviour, paying attention to ETH.D behaviour and market cap, BTC.D (which may end up holding 25%) SOlBTC and SOLETH. All scenarios tells the same story, ETH is on a downtrend just as BTC, all fibonacci channels are doing the same, and all attention is setup to ETHBTC as...
Ethereum is going down, but soon it will approach strong support. There is something missing on the chart, and in my opinion, it's this right shoulder of a head and shoulders pattern. It's pretty likely that Ethereum is going to go sideways for the next 30 days, but what you can do is buy low in the range and sell high in the range. After we complete the head and...
Looks like our big diametric E wave is over. We have a bearish CH on the chart and Ethereum is willing to reverse IFC's moves. Ethereum can then drop to the green box. Note that even this green box may be broken. We need confirmation and a strong trigger to buy again For risk management, please don't forget stop loss and capital management Comment if you have...
Bitcoin consolidates around FWB:41K -$43k as ETF excitement settles: In the wake of the much anticipated approval of spot bitcoin ETFs last week, bitcoin (BTC) prices initially jumped to FWB:49K before suddenly dropping to FWB:42K as investors processed the news of approval and analyzed the data on the flows and volumes from the first day of trading....
Is it better to hold Ethereum or Bitcoin? If you are interested in such question, you probably want to see the ETHBTC chart. My analysis is on the weekly chart. What we can see is that the ETHBTC formed a WXY Elliott Wave corrective pattern with a 1:1 FIB extension. If this pattern confirms, ETHBTC could reach a new high and pump massively. But the price is still...
#ETH On the 1-hour frame, we have an excellent triangle within which the price is trading and has largely adhered to its limits We have strong upward momentum. The price is expected to continue rising by penetrating the triangle upwards Entry price 2530 The first target is 2565 Second goal 2593 Third goal 2625