Historically, when 200 MA is tested on weekly frame, it bounces. IM looking for this bounce- retest- lose 200- bearish retest- continuation to downside.
Ethereum is an epic parallel channel. Each channel is a support as well as a resistance. The channels in this picture can be used in Ethereum to reach more than 40000 dollars. Whether it is thousands or tens of thousands, the channel lines in different colors in this picture can be used as a reference for trading points
get read for down fall don't try to catch the running bus just wait lower price range
$ETHBTC after reaching to our previous target , #eth looking bearish in long term. possible 85% correction in btc pair is possible. target on chart. invalidation above daily close of previous high.
analysis is on chart showing how it leads to the short trade in ETH
ETH was Fib retrace with 0.5 on weekly frame, Higher High confirmed on Daily Time frame which gives UP swing for coming weeks. T1 - $2155 T2 - $2670 T3 - $3250
Ethereum (ETH/USDT) seems to be forming a bearish Head & Shoulders pattern. An ABC correction in play with a lower high. At ~1700 we have our stop-loss above a strong resistance - MP/TPO POC + R1. VPVR POC marks the main pivot level and our target is at ~1450 (immediate support below). MP -> Market Profile TPO -> Time Price Opportunities POC -> Point of...
These are the most important Ethereum levels at the moment! Pivot: ~1565 | Support: ~1533 | Resistence: ~1652
Pivot: ~1566 | 1st Support: ~1512 | 2nd Support: ~1470 | Resistence: ~1607
my favorite two MA on higher frame tell a good story. Prepare to sweep lows.
ethereum buy 1585 stoploss 1570 target 1600 or 1620 or 1650 #nfa
ethereum complete correction and go upside ethereum start impulse start
Ethereum facing strong resistance at 0.236 FIB Level. Will the positive hype around the merge help it to break above?
Pivot: ~1524 - 1st Resistence: ~1624 - 2nd Resistence: ~1822 - 3rd Resistence: ~1923 *Probable Pullback: ~1496
Given the macro conditions, it feels possible that there's gonna be a rather long cooldown on everything, even after the bleeding stops. A deep cleansing on everything is the need of the moment. If this is to play out, then it might take us 6-7 months to come back to the prices we recently broke down from. That feels like hell, trust me. Time capitulation >>...
btc showing bearish strength and with its pattern and volume going for a short
long position in audio, audio is forming bullish pattern which is looking really good may be it is time for bulls handle the situation :)
The idea is that we can go for long in btc accoding to this analysis, liq is being created and now btc might go for the stoplosses and then to fill fvg. This is my personal opinion not a financial advise or any type of call!