BTCUSD Bitcoin Recovered back to Resistance level of 21000 and let's see what will happen next it will breakout or breakdown
Ethereum (Cryptocurrency)
short eth usdtAccording to Price Action, this price increase was a correction and will continue to fall again ,
After breaking the uptrend line, we enter the trade
SHORT BTC AND RECOVER YOUR CRYPTO LOSSBTC might see a strong sell-off and you can make a profit from this fall
REASONS -
1 breakout of a descending triangle and taking a retest
2 facing good resistance which is also supported by the volumes
3 overall the market sentiment is weak and tomorrow the fed will announce the rate hike
PROFIT the profit could be booked when it takes the support of the trendline
BTCUSD IN SKY !!!!!!!!!!!!When the BTC was at 65k this needs to take a rebound and that is till 18500
Now just bought it and hold your socks
Put Target 100000
Date : 23rd June 2024 !!
BUY ALL CRYPTO NOW !!!!!!!!!
BTC/USDT CHART ANALYSIS As per our expectations , #btc break the box and going 📉 .
Bear took control over market .
Hold your seats tightly till 🐂 take control .
ETH/USDT CHART ANALYSIS #ETH lost physiological support ($ 1000) .
Bear take control over market .
Tight your seats till 🐂 take control .
Expect upto 50% 📉 .
ETH CHART ETH/USDT
We have to see the market on long time frame.
Buying zone of #ETH $ 850 ~ $ 950 .
If we can catch there, next few months will be comfortable .
Follow @space-z .
ETHUSD LONG POSITIONHello traders,
Here in ETHUSD prices are now almost at it's support lvl around 800-1000 USD here we can enter for the short term entry with target of 1500-2000$. from the technical analysis it near at 200 DMA which is strong support zone for ethusd @800-1000 USD.
Enter in the trade after today's fed interest rate declared at 23:30 IST.
BUY ETHUSD @800-1000 USD
TARGET 1=> 1300
2=> 1500
3=> 1800
4=> 2000
5=> 3500-4000 USD
SL:- THERE IS NO STOPLOSS IN THIS TRADE AS ETHERIUM IS TRADING AT IT'S LOWEST LVL SINCE 2020 ONLY TAKE THIS TRADE WHO HAVE PATIENCE TO WAIT THIS IS 100% CHANCE OF PRICE REBOUND AS IT'S OLD CRYPTO CURRENCY SAME SCENARIO IN BTCUSD FOR BTCUSD BUY PRICE IS AT 18000-20000 USD AND CAN BE HOLD TILL 30000-50000 USD IN SHORT TERM WITH IN 3-6 MONTHS. Wish you best of luck follow for more updates 😘 Happy investing & successful trading to all.
ETHUSDTEthereum sitting on peak of 2018, falling wedge formation on RSI, a bounce from here or will break the support?
ETH CONSOLIDATION AND SMALL SHORT POSITIONETH has given an uprun now will consolidate for a while round 1856 and then can go down to around 1824 and then a uprun can be seen to till 1940 or up.
red alert ! Ethereum create head and shoulder pattern.red alert ! Ethereum create head and shoulder pattern.
after downtrend Ethereum is on most important level also watch bitcoin
if Ethereum break 1700 level we can see more selling .
#please refer chart for more info
Ethereum can give buy signal CRYPTOCAP:ETH
Ethereum is on bottom . its create dimuon pattern formation. when Ethereum break trendline ,we can create buy position
. also can long position in bitcoin
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
ETHUSD Weekly ProgressRaw POV on ETHUSD, what's your take on ETHUSD? Rise and Fall goes on and on and on and on.
#ETHUSDT WeeklyBased on weekly chart, we can see ETH still in Bearish phase. if the market close down from the blue line . you can take entry in bearish view
In the Weekly time Frame is it forming Head and shoulder pattern .
In my personal opinion, ETH is in Indecision Mode both MACD and RSI are Not in oversold Zone .
Support levels
- 2056
- 1701
Resistance levels
- 2783
- 3107
Bitcoin to 34k coming Bitcoin in H4.
I hope you like the content. I wanted to keep this forum where i can share my ideas in detail and why i think so.
Execution of ideas happen in my trading forum which is has so cost price for the real honest neat and clean trades/ content
Ok let's move on , Today gona share Bitcoin in H4
As said before. Have guts , have balls to buy it's real buy and we may see momentum soon. Point to understand here is , more the fear more the blood more the opportunity, you want to grab it or not upto you.
Tech Analysis, if you zoom out and see what bitcoin did is bear fakeout, it broke the trendline downside, but keep the PA in golden pocket. It's now ranging in ultra critical point i.e. Breakout point.
Sentiments for today: I am expecting upside momentum because today's cpr is so clean and wide and there is no agility there. Ya. Price i am expecting as per W shape recovery in H4 approx 34.6k in coming days.
Bullish as long as 28k secured.
Much Love
@thebigbull9
Ascending Triangle Ascending triangle is forming in 4hr time frame.You can decide long/short based on the direction in which the triangle breaks out. Make you to book your profit at the resistance and have a stop loss accordingly.
ETH could come down and take support in 1100-1500 range.ETH could take support in 1100-1500 range in the zone marked by the two trendlines.
ETHEREUM HEAD AND SHOULDER PATTERNWe could see a Head & Shoulder pattern on daily/weekly/monthly timeframe, i do think so that crypto is getting into much more correction from the current levels also.
Note : This is only an analysis, dont follw it blindly, use your own experience and knowledge also.
THANKS AND REGARDS
DAKSH SHARMA
RELIABLE CANDLESTICK PATTERNPattern Name: Bullish Engulfing
Pattern Type: Bullish Reversal
No. of Candles: 02
How to Identify it?
1)There must be a preceding Downtrend.
2)A short Red candle followed by a long green candle.
3)The Green candle should open lower & closes higher than the Red candle.
4) The Green candle should completely engulf the Red candle.
The psychology behind it :
1)The Bears lose momentum & the Bulls take charge and manage to close above the red candle.
2)It implies the bulls have fully overridden the bears.
How to trade it?
1)Look for the Bullish Engulfing at the bottom of the Downtrend.
2)Upon confirmation, open a Long position in the 3rd Candle.
3)Place a Stoploss below the low of the Green candle.
bitcoin under selling pressure can lead to13kbitcoin and ethusd are in huge selling pressure .
bitcoin likely to hit 11k-13k before any new life time high.
watch the level of 30k if broke then target is confirm.
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2754.06).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 51.
Take Profits:
TP1= @ 2840.10
TP2= @ 2904.65
TP3= @ 2979.96
TP4= @ 3048.83
TP5= @ 3167.06
SL= Break below S2
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