Ethereum / Bitcoin Spot
Eth is good buy zone level because of FVG+OB area. Last time price showed impulsive move from that area and did BOS and left behind a valid order block with fvg. Now we will see some reaction here towards upside.DCA level is also is given.
As long as he holds $40k, a long can be tried on ETH. I tried long last night which is still open, but the better option is ETH. If the price is accepted in the range, we will get lower prices 2180 - 2120(last Higher high 16.April 2023) Attention is shifting slowly to Eth and this should be taken advantage of in 2024. DCA everything below 2200
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...
In my recent analyses I've written several times that I expected the ETF launch to be a major top, which has played out perfectly thus far. Furthermore, I indicated that the 41.2k-40k range as a major area of support for Bitcoin. As of now, BTC is making a lot of effort to penetrate said support. In case BTC doesn't reverse from here, we're going to see a...
$40,000 has been broken like nothing; price had secured this zone (by bears) while also filling the first FVG zone and now going for a potential small re-test of that upper broken zone. We are keeping an eye out for further downward movement!!! As we said earlier, the pre-halving push is bad π. Swallow Team
The first day of the week is already showing some surge to test that major $40K zone, which is the last zone that holds the price up as of now. Upon successfully breaking that zone and securing that $40K zone, we are not seeing any other support from there on, which means we are going to move to reclaim the FVG zones. Although the setup looks very good, we...
After yesterday's false start, Bitcoin's long anticipated ETF is finally here. However, it remains to be seen whether this ETF approval will be bullish or not. In the long-term, definitely. Price action over the next few weeks/months is likely bearish. As mentioned before, I'm expecting a short swift pump towards 48,000$ before hitting two major resistances and...
Bitcoin is going to drop to 20k before the halving , if not lower, this little run was a trap, be careful
$AUDIO looks ready For breakout Key Takeaways. A breakout is when the price moves above a resistance level or moves below a support level. Breakouts can be subjective since not all traders will recognize or use the same support and resistance levels.
ETH came back to retest it's major support at 2400. Currently ETH price is a little bit below of it's support around 2370. Looking for a consolidation & breakout for entry.
INDEX:ETHUSD has sold off from the recent high down to a critical support at 2406. This support is the 50% Retracement of the Year to Date bullish thrust and also matches with the Ichimoku Kijun Sen. The Support level is also held up by the prior highs of the December 2023 consolidation range. When analyzing this chart to make an opinion if the Support may...
Yes I know it's bullish on paper but here's a contrarian idea to bring some perspective. What's do we see? (follow the numbers on the chart) 1) The high that's the base of the resistance trendline. 2) A breakout structure that presents sellside liquidity (potential target). 3) A major consolidation that gives a lot of sellside liquidity which to me is a big...
Don't panic, this was expected. It's not the end of crypto, it's just a healthy correction that we need once and a while to justify a rally in the future. Price cannot always go up even though we wish it was that easy. What is on the charts? (3 steps) 1) The consolidation that had us wonder what was going to happen. (Again we forget that there is also option...
Hi guys, this is my overview for ETHUSDT, feel free to check it and write your feedback in commentsπ Recently price entered to rising channel, where it first declined to $2170 support level, which coincided with support area. Also, ETH even declined to support area, after which it at once rebounded and rose until to resistance line of channel. Then price made a...
Dear TradingView community and fellow traders, I find the daily chart for ETH to be interesting as it appears to be forming one of my favorite patterns. What I call TRIO RETEST Here is why the purple circle is a strong zone to keep an eye on: 1 => Overall Trend ETH is bullish medium-term trading inside the rising broadening wedge in blue and now approaching...
Preface: I'm still bearish on BTC as per my most recent analyses. The ETF launch likely signaled a major top, potentially until the halving. My most likely scenario's are shown below. That being said, I think it's worthwhile to look at the market from different perspectives. In this analysis I'm going to compare the 2016-2017 bull-run with the 2023...
π Falling Wedge Alert on ETH/USD 4H Chart! π Technical Analysis: A falling wedge pattern has been identified on the 4-hour chart for Ethereum (ETH). This classic chart formation suggests a potential upcoming breakout, with implications for traders on both sides of the market. Possible Outcomes: Upside Breakout: Given the prevailing trend, the breakout is...
This one caught our attention as well, with a full-scale breakdown happening right now in the local trend zone. We are seeking a breakdown here to take full control of the trend where daily closes and secure that zone. It might be a really good opportunity here, for sure! Swallow Team