Bitcoin near resistance level.Bitcoin has been respecting the resistance level of 44500 and is just below the 200ema.
On daily chart frame,the chart pattern formed near the resistance level will help is confirmation of the movement of the price above or below the resistance levels
The bitcoin is forming a ascending triangle chart pattern on a bigger time frame.
Support levels :- 41980, 37700
Resistance levels :- 44500, 45800
Wait for the candlestick chart pattern to be formed near the zone to find the movement in bitcoin.
Ethereum (Cryptocurrency)
ETHUSD Ascending Triangle !Ascending triangle pattern formation on ETH on a 15min timeframe ! Target should be around 3170 $ !
🚫Disclaimer:
🔹I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
🔹incase of BTC crash ! This chart is invalid !
Thank you!!!
😊😊😊
Ethereum Price will be increase - Upto 3200$Ethereum price is recently dropped due to Ethereum Supply is exceeded and also everyone ready to pay the tax for government. So most of the members selling crypto . So price also yesterday little bit dropped . But it will be increase Within 2-3 days Maximum will be reach price is 3200$ .
#eth scalp zone with sup. & resis 4 hr TF#ETH broken above the one of the major resistance zone of $2834. Also, price broke the down resistance line and #ETH hodling above, which is bullish. Price reached its minor resistance area $3048. If price breaks and close above $3050 mark then a continuation is expected till next strong resistance around $3243.
Trail your stoploss, if you taken entry on my call
Divergence in EthereumI think there is quite difference in the RSI and The Price of ETH. I dont know whether it can be a sign for a bullish momentum, but it surely is something as the strength is increasing or same as shown in the RSI but the Price was falling which means the price is falling but it does not have much strength and maybe its time for some bulls to takeover ETH. Please share your thoughts on my theory.
💡Don't miss the great buy opportunity in ETHUSD @ethereumTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2987.56).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 52.
Take Profits:
TP1= @ 3283.86
TP2= @ 3414.53
TP3= @ 3617.61
TP4= @ 3898.98
TP5= @ 4131.97
SL= Break below S2
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