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...
After failing to re-claim $3,166 yesterday, we saw a decline towards $2,992 zone. From its current location, the price can move in either direction. A bullish move towards and break-out of $3,166 followed by a re-test of this level will offer a long scalping opportunity towards $3,370 and, possibly higher, to $3,551. A bearish break-out of $3,354 will lead...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " A " Corrective Waves Break of Structure RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame with Breakout of Lower Trend Line and Retracement Impulse Correction
📊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!
After reaching its peak at 4000 on March 11th, COINBASE:ETHUSD began to correct lower towards the 3000 zone, which is the next important level. Despite bearish attempts to push the price below this level over the past trading month, they have failed each time. The decline from the recent peak at 4000 is also confined within a falling wedge pattern, which...
#ETHUSDT appears to be forming a bull flag pattern. A bullish signal will confirm if we see a close above the blue 75 EMA and a breakout from the flag. Until then, consider this a retest of the dotted trendline. Let's wait for the weekly candle to close for more clarity, as the 75 EMA has proven quite reliable on the daily chart! NFA, DYOR! Please hit the...
The Ethereum (ETH) price action against the US Dollar (USD) presents an interesting conundrum for traders. Recent price movements suggest a potential turning point, and the decision of whether to long (buy) or hold ETHUSD hinges on several key factors. Prior High as Support: A Bullish Signal? The current price of ETHUSD sits above a crucial support level – the...
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.
In the US, there were outflows from the spot Bitcoin exchange traded funds (ETFs) for the sixth consecutive day. “We have seen six consecutive days of outflows, and as the average entry price ($57,300) approaches the current spot price ($59,800), we will likely see more ETF unwinding. Since March 18, the ETFs have seen outflows on 58% of all trading days,” 10x...
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.)
4h time frame - TP: $4616~$4890 SL: $2575 - ETH is creating a potential wedge structure, that hasn't been confirmed yet. A standard structure is made of 6 six touching points at least, it's not completed due to lack of one more point on the wedge top. Also, there are two paths if we consider it as a continuation patter, first is the green one, that leave $2817...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves RSI - Divergence Break of Structure and Retracement Impulse Correction Fibonacci Level - 23.80%
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...
Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, recently experienced a rollercoaster ride, briefly surging above $3,300 before encountering a sharp decline. This price action has left many investors wondering: can the bulls regain control and propel ETH back towards its previous highs? A Short-Lived Rally Followed by 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,...
#Update analysis result #Analysis of Ethereum Time 1D currency As expected, the price has entered an upward trend from the specified level and has seen a spot price growth of about 15%, and I hope you have taken advantage of this upward trend. Currently, the price is reaching its dynamic resistance level, and if this area breaks, we can still expect the upward...
Pair : ETHUSD ( Ethereum / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Completed Impulse and Correction " ABC " Fibonacci Level - 50.00%
Orange box is the support zone of bearish channel. When i compare to other major #altcoin charts, #eth #ethereum chart is a little bit more stronger than the other #cryptocurrencies. But, i do not say it's bullish or bearish, just a comparision. Not financial advice.