If ETH bounces up and we see a green candle closing above the 1H Demand Zone, it might be a good opportunity to go long. SL below the swing 3039 and TP will be around 3201
As are currently seeing price of ethereum dropping as bitcoin sucks liquidity from all altcoin and driving the bitcoin dominance higher as a result we have seen in previous cycle that once we see a breakdown of the ETH/BTC pair most altcoin will bleed heavily. so I expect on a probability view that price will retrace lower during the next few month before the...
Eth will eventually go to 15k in mid 2025 , maybe 17k maximum, with the eth etf approval it will reach its ATH, pass it and then go upstairs, if it crashes best entry point would be 1,7k , but if any 3rd party circumstance dont occurr it will go to 15-17k, at 15k start shorting x3 eth and start small and if it reaches 16-17k add more x4 perp shorts
As Ethereum ( CRYPTOCAP:ETH ) attempts to stage a comeback following a recent downturn, the cryptocurrency market finds itself at a crossroads, influenced by a multitude of factors ranging from regulatory uncertainty to macroeconomic trends. The recent decision by the Federal Reserve not to tamper with interest rates provided a brief respite for CRYPTOCAP:ETH 's...
Please, check our technical outlook for ETHUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 3103.5. The above observations make me that the market will inevitably achieve 2721.1 level. P.S We determine oversold/overbought condition with RSI...
--- This pattern is a Grade A --- Decided to relook the strategy and redo the strategy validation by run a manual backtest from 15 March to 18 April where the regime changes from bullish to a bearish range on the D1 chart. I am aware that once the regime changes and need to revert back to the original Long strategy New Observation The pull backs still happen...
Liquidity Hunt Pattern Uncover Hidden Opportunities in the Market Introduction: The Liquidity Hunt Pattern is a powerful technical analysis tool that helps traders identify potential turning points in the market. By understanding how this pattern forms and its implications, traders can gain an edge in uncovering hidden opportunities and making informed...
For Ethereum, we're observing a chart pattern that has developed a weak divergence, and we believe it is now correcting wo the end of Wave 4 of Wave (3). We plan to place multiple entries; our first entry was at the upper range of the Wave 4 target area around $3200. However, the price has continued to decline. We are now looking to DCA and make a second entry at...
23,000 BTC options are about to expire with a Put Call Ratio of 0.49, a Maxpain point of $61,000 and a notional value of $1.4 billion. 330,000 ETH options are due to expire with a Put Call Ratio of 0.36, Maxpain point of $3,000 and notional value of $1 billion. The crypto market continued to fall this week, with BTC hitting the $60,000 mark, a new low since...
I am no technical analyst and simply an amateur at all of this. Now the question that I have had in my head for a while now. I drew this line a while back but to me both ETH and BTC seem like they are forming a gigantic cup and handle. Anyone else seeing this? Please chime in and correct me if I am wrong. Like i mentioned this is a very amateur attempt at TA
This is just a test, do not take this as advice. I think we have a fairly significant dip before the next positive turn, possibly all the way to $2400.
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.
The current price on Ethereum is mirroring price action from the retracement during January 2021 - July 2022. Expect price to fall between 5-6% before the bull market starts!
there are multiple bearish confluences on the crypto prices. the 100 moving average, the mid point of the fair value gap (fvg) are all bearish signals, the smaller time frames will give us more precise entry points
HELLO FRIENDS as I can see ETHUSD now created a double top and tested a resistance but the Bull Run is just beginning we will soon hit all time high after a little retracement till broken descending channel Friends it's just a trade idea shares your thought with us ... Stay tuned for more updates.
Price is falling towards the pivot which is a pullback support and could potentially bounce to the 1st resistance. Pivot: 3024.10 1st Support: 2960.89 1st Resistance: 3128.21 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
The price has completed the final wave of the falling wedge pattern.
This curved trend line creates an area of support for prices come down from recent heights This should be a short lived bear move so hodl strong. Arrow shows my thoughts about how I think price will move.