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...
Call here for a Long position as Eth has formed inverted double tops on the 1 hr chart
If we see a 2nd inverted double bottom top form it will reach support level of 2200 from there Eth could have a bullish breakout finally.
Assuming market conditions are rife Entry would be at 2565 above the trend line and double bottom top breakout point.
Do you think we are bearish or bullish and are we reversing into a bearish market below $2000 or above $2000?
Disclaimer:* This is not my financial advise or investment advice. Please make informed decisions based off of your own anaylsis.
Gold is forming an Inverted cup and handle onthe 1hr timeframe
Has reached RSI levels at $1845
Expect to see a dip soon
Can take profits based on price action
TP 1 :1809
TP 1: 1780
ADA has had an amazing run current price ATH $2.47
Right now we see the MACD average a slight underturn but the Scholastic RSI shows that ADA could reach $2.4 in the next target soon up to $2.5
In this short trade idea
Entry 2.22. TP 1 $2.4
Entry 2.22 TP 2 $2.5
YFi has broken retracement and went up to 80k
The next time the third time it reaches the upwards support line at 69k if it braks retracement TP at 80k and breaks 80k then 100k IS imminent
1ST TP 69K
2ND TP 80K
3RD TP 100K
Eth currently sits at $2326 writing this entered on $2212 currently on 50% Profit
2nd Wave of Bullrun we saw ETHUSDT drop down to $1956 before picking up and dropping yesterday more than 20% Today my chart analysis will be a Long position with TP1 at $2913 and TP2 at $3189
The last support lies at $2099 which is it clearly broken, if it does revert down to...