Ethereum / Bitcoin Spot
Pivot: ~1524 - 1st Resistence: ~1624 - 2nd Resistence: ~1822 - 3rd Resistence: ~1923 *Probable Pullback: ~1496
Ethereum is forming a head and shoulder pattern on a daily time frame after retracing the fibonnaci level of 38.2% and 20 DMA. The coin has given a nice movement and is retracing before another up move. The coin is trading below the moving averages. Two confirmation patterns are being formed in the coin on the daily time frame 1. Head and shoulder pattern 2....
After a sharp downmove Ethereum is sliding and can slide further to 1450 where there's a good support.
btc showing bearish strength and with its pattern and volume going for a short
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!
Bulls are ready for some action in BNB on 15min timeframe, go long in BNB
Although there's a mini support of 1480 but the way its showing signs of weakness it can test 1350 in quick span of time. So brace yourself before you place any longs!!
A close below this channel would bring ethereum to 1600 evidently as it's the only good support from these levels, I'd be cautious if I'm in the long.
Ethereum buy 1880 stoploss 1860 target 1950 or 2000 #nfa complete correction
After 1800 its struggling to keep up, and now is forming a nice head n shoulders, which if broken with nice volume would bring 1600. The break of H&S would also bring in the break of upward channel formation. SHORT!
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
After my 1800 target has been completed, I'm waiting for ethereum to retest 1600 to go long. Currently it faces a major resistance near 1800 so I won't be surprised if it comes back down from this upward channel
As the first target is completed, I'd look for a solid pullback around 1600 to consider any re entry, for now ETHEREUM is a good sell. The long term investors can hold. But I'd wait for 1600 levels to look for going long.!
Bitcoin on the daily time frame has been consolidating in a range and is taking support around its 20 DMA. On the weekly analysis, the moving averages are getting close enough but the price is below both 20 and 200 ema. The coin price is around its hourly 20 ema and its taking a support from it. The coin is forming a rising wedge pattern on daily time...
This chart is for those who believe in CME gaps fulfillment strategy while trading i.e. "CME Gaps are likely to fill sooner or later". In this CME gap chart of ETH i have drawn key S/R levels as well to consider while trading. For newbies here are the tips to trade S/R levels: Bullish: - Breakout, retest and hold above Bearish: - Breakdown, retest and...
A very beautiful consolidation in a parallel channel, even a little push from here will take it to 1800 easy. I'd go long with a very little SL!!!
With technical analysis, Ethereum will break its current level and reach 2200 USD. Bullish in long term, with increasing in volume.
Buy now ,short or long long may be target $1700 stop loss $1490