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Ethereum (Cryptocurrency)

Will $btc go 24k first and then 17K bottom formationHistorical analysis shows that , as and when we double top with low volume we fall bad See Iteration 1 and 2 we doubled top and fall bad This iteration is bit different , we are near double top, BUT we have a heavy volume candle , which was missing earlier Probably what I am looking at is 1- To remain bullish BTC has to break all the fuss with another volume candle 2- Hunt all SL 3- It should not keep marching below the resistance, if it does its a clear cut short trade till 16-17K(which we call a bottom) #3 will be invalidated - If #1 and #2 triggered. Satisfying #1,#2 means we have already bottomed one thing is confirmed we definately going to form extension layer till 23-25k where all will become fomo and start adding positions, that should be the trigger point for sell (only and only if #3 satisfied) Love BB
by CryptoTraderBB
Ethereum market analysis It’s been awhile since we’ve updated ya’ll with the current market situation. The crypto market has been moving sideways since the last drop from 30k to 17k, hence we have been quiet on the sidelines. This usually indicates an accumulation of orders before its next explosive move. We currently have been motoring #Ethereum and to give a brief update as follows: #Eth on the daily is currently sideways, neither forming higher highs or lows. A break of $1260 could indicate a movement of price towards $1611-1800. This zone is key supply area and will act as strong resistance. We would be looking at selling our reminder of our holdings at these levels. As the chances of it dropping towards 740 - 200 is significantly high in the coming days/weeks. Which is where should this occur , we will be looking at accumulating aggressively at these levels in play for long term holdings. NOTE: This is not financial advice, please do your own research before investing.
by CryptoBlanco
Bitcoin Bottom Formation Bitcoin is forming bottom, we still have to see more fall towards 16.9 - 18.1 k, that's where bottom resides. Why I say so? there are 2 reasons for it 1- Tech analysis (covering in this chart) showing we have to go down to re-affirm the W pattern in H4 and double bottom . We are still under -DI which needs to be neutralized. 2- Fundamentally and historically each previous bear cycle intersect with each other , If you would have see C2 intersect with C1, C3 with C2,C1, C4, with C4,2,1 and current cycle C5, Intersected with C3,2,1 but C4 intersection still pending thats again somewhere pointing at 16.9k approx
Short
by CryptoTraderBB
NIFTY 50Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..
NSE:NIFTYLong
by Rvkachhadiya
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.
COINBASE:ETHUSDLong
by Nkpatel2599