Ethereum Ready to $6000 ?CRYPTOCAP:ETH Chart Update
Next Target: $5500-$6000
Best Accumulation Zone: $2500-$2100
Long Term Target: $8000-$10,000
#Ethereum bounced strongly from the $2100 level (channel support), and with the next resistance at $5500-$6000, I’m expecting the next stop for #ETH to be $6000
Ethereum-bitcoin
SHIB/USDT 800% Potential in Bull Run ( Bullish Analysis )SHIB/USDT Long-Term Chart Analysis
Current Price: $0.00000940
After a -94% correction from the All-time High, SHIB is up 70% from the recent bear market bottom. Chart analysis suggests a potential breakout in the High Time Frame (HTF).
Breakout Level: $0.00001050
Long Term Targets: $0.000017 / $0.000027 / $0.000038 / $0.000067
Secondary Entry ( if Market Crash): $0.00000750
Potential Breakout Ahead:
SHIB is on the verge of a breakout in the HTF.
Waiting for confirmation for a good entry.
Long-Term Strategy:
Accumulate during dips for significant returns.
Targets are considered as resistances in the long term.
Future Expectations:
Anticipate substantial returns, especially during the MEMES trend.
Long-term targets set for potential future growth.
Follow me Friends.
Bitcoin trading in a triangle.Bitcoin trading in a descending triangle formation after fall.
It has been consolidating in a range after failing to hold its 20 ema on weekly chart.
Bitcoin has recently tested its weekly 200 ema has is consolidating just above it.
There is a resistance and a support which has been tested many times and once broken can give nice targets.
Support :- 27100, 28650, 28500
Resistance :- 30500, 31800
The coin is silent for half a month.
Watch for the price action near the triangle breakout.
#bitcoin #btcusd
Play ETHEREUM with moving averages.Ethereum is trading at a crucial support zone and there can be a reversal.
Though, on a 60 minute time frame, the moving averages crossover is showing some bearish trend.
On a 15 minute time frame, the coin taking support for the zone and strong bullish candle are being formed.
Support :- 2945,2850
Resistance :- 3020, 3100
Watch for the candle to close above is 20 ema on 60 minute time frame, as it has been taking resistance from the static level.
It can travel upto 200 ema once it gives a strong close above 20 ema.
Price action and volume analysis must be used.
ETH May reach 4600$ again As you can see a falling wedge pattern which confirms that the ETH is gonna rise
I have given the possible target and The support and resistance range, SO that we can buy the ETH in DIP. After a little more fall.
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.
💡Don't miss the great buy opportunity in ETHBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.034900).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Ethereum / Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 52.
Take Profits:
TP1= @ 0.0390
TP2= @ 0.0405
TP3= @ 0.0430
TP4= @ 0.0460
TP5= @ 0.0500
TP6= @ 0.0540
SL= Break below S2
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