Ethereum Technical Analysis Update#Ethereum Technical Analysis Update
Chart Pattern: Bull Flag Formation
Ethereum is showcasing a classic bull flag pattern on the ETH/USDT chart. This is often a bullish continuation pattern, indicating potential upward momentum if the market conditions align.
Key Breakout Level: $3,250
If Ethereum breaks and holds above the $3,250 resistance level, we are likely to witness a significant rally. A successful breakout could potentially set CRYPTOCAP:ETH on a path to a new all-time high! Keep an eye on this crucial level for decisive moves.
Support: $2,750
Resistance: $3,250
Trade Wisely and Always Use Stop Loss.
Crypto
Keep a close eye on WIFUSDT💎💎 Paradisers, #WIF has broken out of the descending channel by forming a 'W' pattern and has displayed a Change of Character (CHoCH) towards a bullish market structure.
💎 If #WIFUSDT successfully breaks above the resistance area, we can anticipate a bullish move. However, a pullback from here is highly probable as the price may need to gather liquidity before advancing.
💎 We can expect a bounce from the bullish Order Block (OB) plus the Demand Zone. For this scenario, confirmation of bullish signs is necessary.
💎 Should the price fall below these levels, it would be considered bearish for #WIF. In that case, my advice would be to refrain from trading it, as the conditions suggest waiting for clearer signals or better market behavior.
Get ready for some potential fireworks with DOGE🐕💎 Paradisers, #DOGE may experience a pullback to the Fair Value Gap (FVG) zone to capture the inner range liquidity.
💎This FVG zone, previously a resistance, has now potentially transformed into a support. This critical level of #DOGEUSDT is further bolstered by the 0.618 and 0.768 Fibonacci levels, which could facilitate a bounce. However, confirmation in the form of a Change of Character (CHoCH) and Break of Structure (BOS) towards the bullish market structure is needed.
💎Should this area break down, we might expect a rebound from the bullish Order Block (OB), but again, confirmation is necessary here as well.
💎However, if both of these levels break down without displaying any bullish signals, it will be considered bearish. In such a scenario, I would prefer to ignore it.
Waves: hold onto your surfboards🌊 💎Paradisers, #WAVES has successfully broken out of the resistive trendline and has demonstrated a Change of Character (CHoCH) and Break of Structure (BOS), signaling a shift towards a bullish market structure.
💎If #WAVESUSDT continues to exhibit CHoCH and BOS from the current area, we can expect a bullish movement. However, the likelihood of this move is lower, so caution is advised, and it would be prudent to use smaller position sizes.
💎In the event of a breakdown of minor support, a bounce from the Bullish Order Block (OB) combined with the Demand zone may occur, but confirmation is required here as well.
💎Nevertheless, if the price does not provide any confirmation and breaks down both levels, it will be considered bearish for #WAVES. In that scenario, I would prefer to disregard it and wait for more favorable conditions.
Get ready to ride the bullish wave with ONE! 🌊💎 Paradisers, #ONE is demonstrating a bullish market structure and has recently bounced off the supportive trendline.
💎For confirmation, #ONEUSDT needs to exhibit a Change of Character (CHoCH) and a Break of Structure (BOS) within the bullish market structure on lower timeframes.
💎If the price declines, we should wait until it reaches the demand zone, from where we can anticipate a bounce. For this scenario, we also require CHoCH and BOS confirmation on lower timeframes.
💎However, if there's no confirmation at these levels and the price falls below the higher low, it would be considered bearish. In that case, I would prefer to stay out of the market and wait for better price action to emerge with higher probabilities.
ADA is about to take us on a wild ride! 🎢 💎 Paradisers, #ADA has formed a 'W' pattern at the demand level, and we're currently watching for a breakout from the descending channel.
💎If #ADAUSDT shows a Break of Structure (BOS) from this juncture, We can anticipate a bullish movement. It's advisable to use smaller position sizes here and to seek strong indicators supporting a bullish trend.
💎Should there be a breakdown of this zone, Then we can expect a bounce from the strong support zone, which could offer high-probability setups—exercise caution here.
💎However, if the price doesn't display any bullish signs for confirmation and breaks down below both levels, it would be prudent to wait for more favorable price action to develop and consider the overall crypto market before making any decisions.
WLD: Get Ready For Some Action🚀💎 Paradisers, #WLD is approaching the previously broken resistance zone, which may now serve as support.
💎If #WLDUSDT exhibits a Change of Character (CHoCH) and a Break of Structure (BOS) at this point, we can anticipate a bounce from this area.
💎Why are we expecting this? As observed, the price has taken the inner range liquidity by filling the Fair Value Gap (FVG), and now it's likely to target the external liquidities.
💎However, if the price declines from here and approaches the Bullish Order Block (OB), then we could see high-probability setups, so exercise caution in this zone and wait for confirmation.
💎Should the price break down below this level, it would be wise to wait for more favorable price action to develop and monitor the overall crypto market before making any decisions.
#Bitcoin Bull Flag Analysis #Bitcoin Bull Flag Analysis
The #BTC Bull flag is currently holding $60,000 price Level.
A bull flag is forming with a target lying around $1,18,000
For this pattern to play out CRYPTOCAP:BTC must be above $60,000 Level.
Note: If break $60,000 level then ready for $45000
Like/RT if you agree
Catch the Wave: RNDR/USDT Analysis & Potential $50 TargetCatch the Wave: RNDR/USDT Analysis & Potential $50 Target
Elliott Wave Count Insight
CRYPTOCAP:RNDR is currently showing signs of forming an Elliott Wave pattern, suggesting a potential correction in the near future. Our analysis indicates that there might be further correction ahead.
Previous Analysis Recap
In our last analysis when #RNDR was around $10, we accurately predicted a 4th wave correction, which has since been fulfilled.
Current Scenario and Entry Opportunities
There's a strong support level anticipated at $5-$6, representing the 0.382 Fibonacci retracement. This suggests a potential bounce for the 4th wave from this support zone, presenting favorable entry opportunities.
Price Target Projection
Should our wave count analysis hold, we anticipate RNDR's price to potentially reach $50 in this bullish cycle.
Alternative Scenario
In case RNDR fails to maintain the 0.382 Fibonacci level, we recommend considering entry points around $2.5-$3.5.
Remember, trading involves risks. Always conduct your own research and consider your risk tolerance before making any investment decisions.
BITCOIN FALLING STARTED AFTER NECKLINE BREAKOUT A good falling detected on bitcoin
It's showing a fall due to these reason
1. It's following a heavy sellers pressure over here in daly chat
2. It's ready to break the neckline
3. After a good. Move refreshment will occur
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
A good falling detected on bitcoin
It's showing a fall due to these reason
1. It's following a heavy sellers pressure over here in daly chat
2. It's ready to break the neckline
3. After a good. Move refreshment will occur
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
BTC : BITCOIN: : FLAG + Double Top detectedBTC : BITCOIN: : FLAG + Double Top detected
The Wolf of Zurich has detected 2 chartist famous patterns :
1st is a "Double Top" , which gives a Bearish signal , and the price can reach : 58 000 - 56 500
The second signal is Bullish .
I detected an "ascending FLAG" , which is a Bullish signal;
And the the price can reach 71 200 - 73 00
Watch the EMA.200 Daily and the ICHIMOKU levels around 51 000 Weekly
be safe
Good trades
"PAKA PAKA ! "
ETHEREUM Chart Analysis before Halving #ETHEREUM CHART ANALYSIS
Current Price: $3040
Pattern Formation: Bull flag with strong support at $2900
Potential Scenario: A bounce could drive CRYPTOCAP:ETH to $3250, while rejection might lead to a retest of $2000 levels.
Important Levels to Watch:
Support: $2900 / $2200
Resistance: $3250
Keep a keen eye on these critical levels
SKL: Trap placed with bullish intentions💪💎 Paradisers, I am expecting that #SKL might trap buyers who entered based on the supportive trendline, given that the short-term trend remains bearish.
💎If #SKLUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) from the key level, then a bounce could be expected.
💎Should there be a breakdown of this key level without any bullish signals, we might then anticipate a bounce from the demand level. However, we'll need to watch for bullish signs before considering any positions.
💎 UNIUSDT: Potential bounce waiting for us.💎 Paradisers, #UNI is exhibiting a bullish market structure & has taken liquidity by breaking below the supportive trendline.
💎 You might have noticed that #UNIUSDT has bounced precisely from the bullish Order Block (OB), indicating that pending orders have been filled at this level. However, for confirmation, we need to see signs of a Change of Character (CHoCH) and a Break of Structure (BOS), and remember, the market is bearish in the short term, so caution is advised.
💎 If the price continues to break down below this point without any bullish signals, then we might expect a bounce from the demand level, but we'll need to see bullish signs for confirmation here as well.
💎 If the price further breaks down below these levels, it would be wise to wait for better price action to develop before making any decisions.
Keep a close watch on STORJUSDT 🚀💎 Paradisers, #STORJ has demonstrated a Change of Character (CHoCH) indicating a shift towards a bullish market structure.
💎If the #STORJUSDT continues to show CHoCH and a Break of Structure (BOS) from this support point, we can anticipate a bounce.
💎Should there be a breakdown of this support zone without any bullish signals, then a potential bounce from the lower bullish Order Block (OB) might be expected, though confirmation will be necessary before taking action.
RLC: 📈 Watch for potential opportunities.💎 Paradisers, #RLC is exhibiting a bullish market structure and might gather liquidity before reaching the bullish Order Block (OB).
💎If #RLCUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) from the bullish OB, we can anticipate a bounce from that point.
💎Should the bullish OB break down without any CHoCH or BOS, a bounce from the demand area might be expected, but we'll need confirmation before proceeding.
💎If the price breaks down both of these levels without any confirmation, it would be prudent to overlook #RLC for the time being.
ETH : Bullish possible - SHARK detectedETH : Bullish possible - SHARK detected
A harmonic pattern named "SHARK" has been deteted.
These patterns are used especially by ALL the professional traders, Hedge funds, banks etc...
The Potential Reversal Zone ( PRZ) has been reached ( white rectangle).
Then the price can go to the targets mentionened on the graph : 3 305 - 3 425 - 3 620$
However the rising wedge bearish is still valid!!
Then pleaqse watch the EMA.200 ( Daily).
Be safe.
OP: Keep watch for potential longterm bullish signs. 🚀💎 Paradisers, #OP is going to approach the BB zone, or in simpler terms, a previously broken resistance zone that could now act as support.
💎If #OPUSDT exhibits a Change of Character (CHoCH) and Break of Structure (BOS) from this area, we can anticipate a bounce from this level.
💎Should this level break down, our next area to watch for a potential bounce is the demand level, though we'll need confirmation before proceeding with any trades.
💎However, if the price breaks down through both these levels without confirmation, a bearish move might be expected. Nevertheless, I am not focusing on bearish strategies at the moment and would advise caution with short positions for now.
Keep an eye on #BELUSDT as it approaches key levels.🚀💎 Paradisers, for #BEL, we may anticipate a bounce from the supportive trendline, especially as the price has shown a Change of Character (CHoCH) towards a bullish market structure, which enhances the likelihood of a bullish move.
💎 If #BELUSDT finds support at the supportive trendline and bullish Order Block (OB), and demonstrates CHoCH and Break of Structure (BOS) on lower timeframes, then a rebound is expected.
💎 However, if there's a breakdown of the bullish OB and supportive trendline, a bearish trend might unfold, but I would prefer to disregard any short-term bearish movements for now.
Keep a close eye on BCHUSDT as it approaches crucial levels👀💎 Paradisers, #BCH is approaching the supportive trendline and the previously broken resistance area, which might now serve as a support.
💎If #BCHUSDT breaks its higher low and exhibits signs of a Change of Character (CHoCH) and Break of Structure (BOS) from this support zone, we can expect a bounce to the next swing resistance.
💎However, if there is no confirmation and the support zone along with the supportive trendline break down, it will be viewed as bearish. Nonetheless, there is another support zone below this, which is considered stronger. Even so, confirmation is crucial before taking action there as well.
Get ready for potential action with FTMUSDT💎 Paradisers, #FTM is currently exhibiting a bullish market structure, with the price approaching the Bullish Order Block (OB).
💎If #FTMUSDT displays a Change of Character (CHoCH) and Break of Structure (BOS) within this zone, we can anticipate a rise up to the next swing resistance.
💎Should the bullish OB breakdown occur without any CHoCH and BOS on the bullish side, a bounce from the demand area might be expected; however, confirmation is necessary before making any entries.
💎If both the bullish OB and demand area break down, it would be prudent to wait for more favorable price action to develop.
BTCUSD Important levelBTCUSD make or break level, BTCUSD is at important level Forming a ascending triangle Pattern Let's see this sustain or not. what is your view please comment it down. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
What's Next for Bitcoin? Understanding Its Current Price MovesWhat's Next for Bitcoin? Understanding Its Current Price Moves
#Bitcoin Market Brief
Current Status: CRYPTOCAP:BTC is trading near $64,000 amid recent declines. Bearish trends dominate due to global uncertainties affecting crypto markets.
Key Levels:
Support: Watch $63,800. Falling below could lead us to $51,000.
Resistance: Key resistance at $67,600. Below this, expect continued bearishness.
Observations: Recent charts show a trendline breakout and retest, suggesting a possible further drop. Stay alert to these patterns for trading cues.
Action Points: Maintain strict stop-losses to minimize risks. A break above $71,000 could shift momentum to bullish, signaling a potential new ATH.
Suggestion: Focus on technical analysis and update strategies with market changes. Keep an eye on global news that could sway crypto prices.
Looking Ahead: A climb over $71,000 might set the stage for new record highs.
Keep tuned for updates.
#BTC #Cryptocrash