Expecting a relief rally from this area into next week. 1st resistance 1070 area?
not sure if this would be the final low, but i would bet on a bounce if it came close,
Been writing a few long articles lately but the tl;dr of it is that now that interest rates are going up, the asset speculation market (real estate, stocks, venture capital, crypto/NFTs) is largely over and money will start to flow into financial products that provide more "reliable" returns - mainly interest rates. Given that the banks are dragging its feet in...
Price hanging under 1k after another volatile breakout from pattern support; current expected low is around 750 (775-725) if momentum/ volatility continues. Reversal at this zone is still possible with the goal of re-entering triangular pattern; look for a push to 1k + breakout momentum past long-term trendline. My plan is to hold off on all trades during this...
for me and mine this is the OG "Roseta stone" of the crypto market and the only indicator i really use anymore during general stable market conditions BTC and ETH dominance charts are grate clues to short term market trends. ie when eth and BTC have inverse correlation we see a market pump or drop. major break outs and major dumps we see instead of inverse...
A few articles ago, I talked about ETH breaking the weekly trend line (teal) and the next major support being $800. Seeing as we just broke $1,000, I strongly believe that is the next target. The macro environment has been extremely bad the past couple of months and is showing no signs of slowing down (30 year fixed rate mortgages are approaching '08, '09...
Hello cryptofolks This is a long term projection Next bull market is expected for Q4-2024/Q1-2025 -Trade safe -Goodluck
ETH daily chart: On the daily the RSI has another 14% to drop to the bottom from 2018. if this chart repeats, this is the area it would drop to which was also a previous high in the past. Lets see if the daily falls into that bottoming zone. also the DeMark 9 indicator is charting we are near the bottom as well.
Ethereum has been pushed down by the daily resistance a few days ago like I predicted. Now we have a massive support waiting for us around 900-950. This should push us back up to around 1450 for a temporary recovery. After this I expect a pullback down to around this current level for a retest then a push back up to 1900 once this monthly candle Closes
Technical Analysis Summary ETH/USDT TREND ANALYSIS We have 2 Downtrend in red color (Internal and Long Term). Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR...
Ethereum can close 12H candle under strong support line if can stable under it will drop strongly. Downtrend Under 1035 target.: 917 & 780 & 650 & 540 sl.: 1310 Risk 2.0%
Short from 1000 SL:1175 target: 364 i suspect it to go lower afterword's but for now 364 is the target
Massive capitulation ahead in my opinion , a lot of people were expecting price to hold above the 2018 high , more precisely 1300$ . you still have more support at 750$ though so i expect some consolidation first before we go straight ahead . 630$ is a price target where the horizontal and the vertical fib channels cross together , not only that , there is also a...
Patience is the key to success. The Arom B Market Index will show us that it is right to wait now. Someone pay 1 eth for this indicator? :))
1,000$ is a huge support for Ethereum which is being breached at this very second. Just like BTC losing the 20,000$ today, Ethereum is now under a key level and a massive new sell-off could be in play. This is a crisis chart with new levels. We hope to see the price bounce over 1,000$ but for the moment it's scary times and crisis charts. 741$ and 372$ could be...