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#Ethereum Breakout: Will ETH ETF Decision Propel Prices to $6000#Ethereum Eyes Breakout: Will ETH ETF Decision Propel Prices to $6000? CRYPTOCAP:ETH is showing bullish signs with a falling wedge/bull flag pattern and a strong bounce off support. ETH ETF decision on Thursday. Deadlines for 4 ETF issuers are at the end of this month, starting May 23rd. Potential Targets: - Approval: #ETH could soar to $5000-$6000. - Rejection: ETHUSDT might drop to $2500-$2000. Conversely, a rejection, especially if based on the classification of tokens as securities, could lead to a downturn in ETH and #DeFi assets. Strategy: Consider a spot long position, but avoid excessive leverage due to potential volatility. Stay informed and trade smart.
Long
by CryptoPatel
#Ethereum Super Bullish Elliott Wave Analysis Towards $10,000#Ethereum Super Bullish Elliott Wave Analysis Towards $10,000 Target 1️⃣ ((C)) Zigzag Pattern: On the ETH/USDT 1D chart at the cycle degree, wave ((C)) of a Zigzag pattern appears to be unfolding. The projected target for this wave is $3,250. 2️⃣ Diagonal Wave 4: On the $ETH1D chart at the primary degree, Wave 4 down of an ascending Diagonal is currently in progress. The anticipated target for this corrective wave is $3,050. 3️⃣ Diagonal Wave [ ]: On the #ETH 1D chart at the Supercycle degree, Wave [ ] of an ascending Diagonal seems to be developing. The projected target for this significant wave is between $9,000 and $10,000. Please Correct if I'm Wrong & Must Appreciate if you Happy with My Analysis. Thank you Family. Stay informed with our detailed technical analysis.
GEMINI:ETHUSDLong
by CryptoPatel
Important Liquidation Levels for Bitcoin: $50k - $73kImportant Liquidation Levels for Bitcoin: $50k - FWB:73K #Bitcoin Liquidation Heat Map: Approximately $3 billion can be liquidated up to $71,715. Key levels to watch: ➡ $67,420: $2.75 Billion in potential liquidations. ➡ $50,000: $5 Billion waiting to be liquidated. Key Areas to Monitor: ➡ $56.9k - $52.1k: Weaker liquidations. ➡ $59.5k - $58.5k: Heavy liquidation zone. ➡ $52.1k - $50k: Another heavy liquidation zone. Scenarios: ➡ Below $50k: ~$5+ billion could be liquidated. ➡ Above $74k: $6.1 billion might get liquidated. Current price is around $63k! Stay alert!
BINANCE:BTCUSD.PShort
by CryptoPatel
$ETH Flag Pattern Alert: Below $2000 or Above $3300 for Bull RunCRYPTOCAP:ETH Flag Pattern Alert: Below $2000 or Above $3300 for the Next Bull Run Bullish Outlook: #Ethereum is forming a bullish flag pattern, but the real confirmation will come with a breakout above $3300. Until then, don't fall for potential fakeouts. Entry Strategy: Consider buying below $2000 if prices dip. A sustained breakout above $3300 could propel #ETH toward $10,000. Support: $2200/$1500 Resistance: $3300/$4000 Watch Out: Keep a close eye on price action before making high-leverage trades.
Long
by CryptoPatel
#GEM 50x Potential Coin Alert: QTK/USDT #GEM 50x Potential Coin Alert: QTK/USDT - Quantcheck: A Groundbreaking AI-Based Backtesting Project - Potential: Quantcheck holds tremendous long-term potential, with expectations to deliver returns ranging from 10x to 50x during this bull run. - Entry Point: $0.5-$0.6 Accumulation Strategy: Buy on dips — each dip is an opportunity to accumulate more. - Targets: TP1: $10 TP2: $20 TP3: $30 - Stop Loss Strategy: Utilize dips as buying opportunities, not stop-loss events. NFA & DYOR
QLong
by CryptoPatel
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.
Long
by CryptoPatel
Time to Take Your Money? Tips After $TAO Big Exchange ListingTime to Take Your Money? Tips After GETTEX:TAO Big Exchange Listing #TAO Hits Binance Huge props to @opentensor for listing TAO on the world's top exchange, sparking an epic season for $TATSU Peak Price: TAO hit $1,249 Good News for #TATSU : It's looking up because of TAO's success. Cheers to Early Investors: If you got TAO early, you're in a good spot. Market Snapshot: Last 10 Months: +2500% ( 4000% if High Consider ) Last 6 Months: 16x gains Post-Listing: +35% Attention: Watch the $550 support. Falling below? Bearish signs ahead. Strategy Tip: Enjoyed the pump? Consider securing profits. Market dynamics are shifting! Again Remember Never forget to book profit & Keep tight Stop Loss if you want to Fresh Entry in TAO #Bittensor #Crypto
Long
by CryptoPatel