The H4 candle will end up as a Spinning tops or Doji candle. It shows the struggle between LONG and SHORT. Short force seems to have weakened.
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Market in last 24hrs
ETHUSD broke the support of the Bollinger Bands midline. Historically, in the short timeframe of 4H, ETHUSD has respected the midline.
Today’s Trend analysis
ETHUSD could continue its bearish momentum, and move further downwards towards the lower band of the Bollinger Bands.
Price volatility remained high at approximately 6%, with the...
A Trading Signal is seen in the ETHUSDT Ethereum
Traders can open their Buy Trades NOW
⬆️Buy on FLAG breakout or Buy on 2425.7
⭕️SL @ 2340.1
🔵TP1 @ 2585.0
🔵TP2 @ 2731.9
🔵TP3 @ 2865.5
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Following our last ETH analysis, we were anticipating a rejection of the lows. Price pierced the low and then made a bullish reversal. Currently, price is making a series of bullish break and retests and is grinding on higher and higher. As long as price respects that structure, we can work our way back to the very top! Look closely for bull flags and retests on...
2day time frame potential head and shoulders.
Would need candle body close below neckline and potential neckline retest rejection to confirm pattern. $250 target. Can obviously be negated should bullish structures take precedence.
1inch has been really clean in terms of technical analysis. It has given us clear patterns and structures to work with.
After breaking out of the parallel channel, price retested the structure level within an ascending correction. We are now on our way back to the bottom where we can look for signs of reversal.
Keep a close eye on the double bottom level 1.7770.
Bitcoin is currently in a correction and has the chance of breaking on either side. At the moment it looks likely that it will go lower! Buyers do not seem committed at this moment so there may be another drop!
Back to 22K-26K? Possible.
top of daily range since its death
moved into supply
H12 and H4 bear SFP's
1H breaker of that move highlighted
look to sort interactions of that
risk defined by SFP
if it fails, longs to low 3Keks could be on or even a new short entry if that breakout above the current range high doesn't hold
In our last Bitcoin analysis, we were anticipating a drop from the $56K region. We got more than we bargained for as price plummeted almost 50%! That big impulse caused structural changes to Bitcoin.
We were seeing a series of higher highs and higher lows until early May when we got a lower high (May 8th - $59,600) followers by a lower low (May 19th - $30K)....
Alright laides and gents. Just testing the waters with this one.
- I've overlaid the 2017 dump specifically with the bounce and rejection.
- So far this is playing pretty accurately but there's a lot of price action to go. It's going to be interesting to see where this land us..
Hy dear traders and Investors we are here to discuss about BTCUSD. BTCUSD is at a strong Support level. After this it can dicide where it will Move. It if it breaks to down side. Next support level is at 28k.
And it bounce back from this level it can touch Price level 42k.
This candle is important for us.
Keep in touch we will update further soon.
4hr analysis here
ETH had breakout of the trendline but was struggling to go higher than $2700 with 4 price rejections on the resistance line at around $2689 which ive circled on the chart
At each price rejections we are getting a red bearish closing candle...
indicating that Eth will come down to the bottom of the resistance again at 2200...
Hy dear Members hope you all are enjoying our ideas and. Now we are here to discuss about BTCUSD. BTCUSD is making channel in H1 Chart.
It can touch target price 35k Within few hours. Keep in touch we will update further soon.