Ethereum (Cryptocurrency)
Bitcoins Next Move????? I’m going to tell you!!!Lets look at all the facts of BTC regarding TA.
On the monthly chart– We have had a evening star formation. This is a Reversal pattern.
Weekly chart – We are in a weekly sell range and Btc is making Lower lows and Lower highs. Currently in a down trend.
Daily – We are in daily sell range.
BTC is bearish for the time being. We have liquidity squeezing inside the daily sell range. We also have a lot of liquidity below $30k. I would prefer a price to push down past $30k to fill the weekly Imbalance around $20k, This would leave the weekly gap slip and imbalance above for future price action to target, which will break all time highs. If we push up out from $30-$35K to $45k-$55k, There is a higher probability chance we are going to create a lower high to make a bigger move down to $20-$15k. This will create a longer bear market. If we push down now, this will create a lot of fear in the market, this fill Imbalances and I think we will have stronger push up later in the year. We need a weekly close above $60k to remain bullish . Weekly candle finishes this tomorrow. A move will be coming in the next week,
Fundamentally BTC is going nowhere. If you are long term holder, Keep dollar cost averaging on the way down and hold. If you are short term holder, I would take some profits around the $45k-$55k mark if we push up from this area first.
Adam and Eve pattern on ETH/BTC pairAdams and Eve pattern printing on ETH-BTC pair in monthly TF.
Take entry on breaking the neckline after retest.
SL below it.
Pattern invalidation below support line in the chart.
Target around .25 btc (expecting 100% move)
Not A Financial Advice.
Trade At Your Own Risk.
ETHUSD: A brief look at the things to come
Ethereum price is hovering inside a supply zone ($2,529 to $2,588), struggling to breach past it.
Two possibilities are possible here - a bullish spike that pushes ETH price above the said supply zone and proceeds to tackle the range high at $2,993.
Or a rejection at the supply zone that drags it down to the buy zone ($1,992 to $2,208).
If the bullish scenario plays out, Ethereum price could collect liquidity from the pocket highlighted in the chart ($2,850 to $2,915) and trend lower before actually proceeding higher
On the other hand, if the bearish scenario evolves, ETH price could slide into the demand zone, sweep $2,208 or $2,100. This would be followed by a flip of the supply zone into a demand zone and a retest of the swing high at $2,993.
In case, $2,993 is flipped into a support level, Ethereum price could rally and tag $3,124 and $3,316.
As always,
Leave your thoughts in the comments!
Feedback or questions are appreciated.
DYOR
Not Financial Advice (FA)
sell side ethusdHello guys i had find this setup which is made a double top in 4h timeframe and also broken trendline and we get a confirmation also we can sell with the sl above resistant which i mentioned and tg near support and plzz before opening any position plzz do your own analysis if you like my analysis do like share and follow thank you
EthereumTriangle pattern had been observed on 4 hour ethereum charts.
Entery point - anywhere below $2,800
Target - $3,700
Ethereum had been consolidating inside a fixed range for a while now, this is a potential breakout. If the target hits, there is more potential since it will be above many important moving averages, and EIP1559 will start burning token from 15july, these all signs indicate that Ethereum is currently undervalued mainly because of media FUD, but charts and data shows that long term investors and big players had been accumulating more and more ethereum during this dip.
#MANAPPURAM #MUTHOOTFIN $GLD #NBFC #Stocks #DeFi #Banknifty #NSE#MANAPPURAM
NSE: MANAPPURAM
CMP: 162.90
Targets 190++
Might hold for 235++
Time Frame: Less than 2 months.
Analysis:
Uptrend Begins
Higher Low
Higher High
Flag Pattern
Cup and Handle Pattern
Head and shoulder Pattern
Double Bottom Pattern
Breakout
Price Action
Earnings improved
Super Bullish on this stock.
Might blast to more than 240 in long run.
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From Rachit Sethia with 💚
ETH Price Primed for 6x Surge! Analyst Hints $2 Trillion Market Lark Davis, a prominent New Zealand-based crypto analyst, recently hinted at a huge 6x price increase for ETH Price from its current value. According to him, the market cap of ETH is growing at an unstoppable rate, and considering the success and development of the Defi business, the bulls seem to be on the side of the second largest coin. ETH has also jumped because of the significantly strong demand from institutional investors.
Ethereum Market Cap Poised for Massive Surge
According to CoinMarketCap, Ethereum’s market cap of $2 trillion reflects a roughly 550% increase from its current $309 billion valuation.
Ethereum seems to be reviving and may as well explode in the near future.
Source : Coinpedia