Fib Retracement R1: touched twice at 1626 Major Resistance R2: 1521 it was a major support till yesterday for few days. Entry: 1510 SL: Previous LL : 1462
Pivot Point: 1550 Currently: Resisted at 1470 and retraced back to 1390 Reaction: Consolidating at this 1600 level , its next support zone is at 1680 I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on tradingview~ Wish to receive some feedbacks from you! 😊 Btw you can feel free to use our designed indicators!!!...
ETHUSDT now in simple support zone, so once pick this point then we expect 1600 again else breaks support then 1300 will also expect in near time
Hello, Friends! A recent breakout signals That the bears are still strong And I am growing in confidence That a bearish selloff is coming! SELL! ✅LIKE AND COMMENT MY IDEAS✅
The fist half of 2022 might be a foreshadowing of the next half.
After the dive under 1k figure, Eth found strong support exactly in this figure and last week has managed to break above consolidation's resistance at 1250. Looking at the chart we can see that the cryptocurrency has risen 65% in only 6 trading days and a correction is more than healthy at this moment. Bulls can look for buying opportunities around this old...
- Incoming rate hike next week would drive equity market and crypto market down. - There is confluence in S/R and Fibo retracement. - Price could rebound up to 1800 before going down further.
Just another update on what is happening with Ethereum since yesterday. We did not see any follow through to the upside and instead we have seen a breakdown out of a rising channel. I think it is wise to mention that the main trend is to the downside so trading bear market rallies can be risky. At this stage if price continues lower and cannot break back into...
According to my analysis, the price of Ethereum against the USD is in a range right now, and as soon as it gets out of the range, it will go either bullish or bearish. So, I have opened three trades (within range, sell stop, and buy stop). And put stop losses a little above near the nearest support and resistance.
This is a closer look at my daily chart, but on the hourly timeframe. I'm starting to see a break in structure on ETH and distribution forming, I'm going to wait to see the formation of a lower high around 1600-1570, the middle region of our last bearish order block on the hourly timeframe. This is where I'm interested in taking shorts.
Trying to hedge a bit to not get too bullish on this economy. Also too good RR to not take this trade :)
Here is our technical view on ETHUSD. Our analysis is based on current market fundamental sentiment. According to our chart ETHUSD is trading within a resistance area. Based on our view the price will dump. Like, comment and subscribe to our TradingView Page. ❤️ Please, support our work with like & comment! ❤️
• Bullish move helps the coin climb 12% in a day • The rally is being attributed to a successful completion of the 2.0 project soon accompanied by market relief and US dollar pullback • Successful breakout of minor double top around 1280 highlighted on the chart • Two major resistance levels await bulls • First one is the descending trend line dating back from...
Hey traders, This little bullish rally is happening for the whales to exist their position, nothing to be bullish about those moves, we are deeply still in the bear market . I am therefore sharing for you couples of objectives to watch out, before a massive dump incoming after this rally Long objective zones: 1/ 1650/1700 2/ 1746/1770 3/ 1848/1885 Short...
Small breakout off short-term pattern but resistance still maintaining at long-term trendline. Current support can be seen at former pattern resistance however 1500 should still be noted as critical. We could expect further consolidation within this zone (1500 -> LT trendline) for the time being as we attempt to hold out this convergence period.
Ethereum to reach $1630 SL $1520 ***I have a track record of making others loosing money.