ETH-D
SOLANA- Just thinking out loud.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 >> Price capitulation, and this scenario might be a combination of both.
More than 90% of the participants will leave. Even the strong believers would be flushed out.
I can go on and on, but chart>>words.
This, if it plays out, will bring a great opportunity to the faithful. The whole world is trying to shut Crypto down.
But the cat is out of the box, and we had a lot of attention this cycle.
Solana in particular, has matured quite well in such a short span.
I will be buying all the SOLANA I can below $20, If we get.
All you got to do is stay.
See you on the other side!
~ZER0
JUST WAITING FOR IT TO BREAK ( ETH is all ready to bleed)from a long time I was waiting for a good entry in Ethereum
now I think we are close to good some really good short positions
the moment it breaks the trend line we will get more assurance regarding the same
I think it has a long way to go down so can get some really good profits
WAITING FOR IT TO CREATE A NEW LOW
THANK YOU
BINANCE:ETHUSDT
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1659.02).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 1785.24
TP2= @ 1835.00
TP3= @ 1915.00
TP4= @ 2000.00
TP5= @ 2085.00
SL= Break below S2
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💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1263.32).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 1419.70
TP2= @ 1537.09
TP3= @ 1645.61
TP4= @ 1735.38
TP5= @ 1916.51
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ETH Price Action Analysis - Hourly Time FrameThis is merely a trend analysis post. ETH has broken out of a range and is edging higher. Till now, we have been selling at the range top and buying at the range bottom. As there is a change in the market structure from range to uptrend, we can draw an upward moving channel as a guide to initiate high probability trades.
If the channel continues to hold, following rules can be followed to maximize your results:
Usually, you want to avoid trading the breakout of the upper trendline of the channel.
Avoid missing out on buying opportunities near the lower trendline. Ride your long winners as the price can continue to move higher with the trend inertia.
Selling near the upper trendline should be done either with lower quantity of for a shorter term quick scalp basis.
ETH Range Bound Mean Reverting TradeETH Has been trading a range of 1000-1250 and looks to continue that until a major event/stimulus.
Currently at the upper end of the channel, a short side trade can be initiated with the target of 1000/
View invalid if ETH breaks upper edge of channel towards 1300.