Ethereum (Cryptocurrency)
Ethereum Symmetrical Triangle Chart Analysis #Ethereum Symmetrical Triangle Analysis CRYPTOCAP:ETH
#ETH is currently forming a symmetrical triangle, presenting a potential breakout or breakdown scenario.
A successful breakout above the $2340 level indicates a bullish trend till $3000 Target.
But
Conversely, a breakdown below the symmetrical triangle support at $2200 suggests a bearish trend And Traders should be prepared for a potential retest of the $1500 level in this scenario.
- Avoid Blind Trades:
- Trade with confirmed signals.
- Utilize technical analysis for precision.
Potential 5% Drop in Ethereum Price Amidst Transition from PoW t
Ethereum's price is currently above a crucial support level at $2,147, maintaining a bullish outlook.
Bears are gaining strength, as indicated by the Relative Strength Index (RSI) below 50 and red bars on the Awesome Oscillator (AO) moving towards zero.
The Moving Average Convergence Divergence (MACD) shows positive histogram bars but had previously crossed below the signal line (orange band).
If selling pressure increases, Ethereum might drop 5%, breaking the $2,147 support and testing a bullish barrier from $2,048 to $2,107.
A further decline below $2,075 would confirm a continued downtrend, with a worst-case scenario testing support at $1,935, representing a 10% drop from current levels.
Ethereum (#Ethereum) tests its long-term trendline support When Ethereum (#Ethereum) tests its long-term trendline support, it often sparks a significant upward market movement, known as a bull rally.
#Pattern_Recognition: Ethereum (#Ethereum) has shown a recurring pattern where testing its long-term trendline support has resulted in substantial bull rallies.
#Historical_Timing: Notably, each of these support tests has historically occurred in the month of January.
#Projection_for_2024: If the historical trend continues, there's a possibility of witnessing a similar upward market movement or bull rally in January 2024, following the long-term trendline support test.
ARB/USDT 30% Potential in Scalp TradeARB/USDT Trade Analysis
Bullish Trend Alert!
ARB is showing promising signs in the bullish trend, setting the stage for potential gains. If the price manages to hold above the $1.10 level, we could be looking at a lucrative opportunity with a potential profit range of 10-30% within the next few days.
Trade Strategy:
For the best entry, consider buying near the support level of $1.10. This level serves as a crucial point for potential upward momentum.
Key Levels:
Support: $1.10
Resistance: $1.50
#Crypto #Arbitrum
FET/USDT Bullish Breakout so Target 50% ?FET/USDT 4H Chart Analysis:
FET has successfully broken a crucial resistance level, signaling a bullish trend.
Trade Strategy:
Target: Aiming for a 50% gain.
Condition: If #FET maintains above the $0.56 support level.
Keep a vigilant eye on the $0.56 support level, especially if you are in long positions.
#Crypto #Binance #Altseason
DASH/USDT 30% Potential on Scalp SetupDASH/USDT Analysis NASDAQ:DASH
Current Status: Price Above Support Trend Line
Hey traders!
DASH/USDT is holding strong above its support trend line, indicating bullish momentum.
I'm still holding my position and considering adding more at the support level.
Target Range: 10%-30%
Time Period: 2-15 Days
Stop Loss: Close below Support TL on 4H Candle.
Let's ride this trend together.
Happy trading!
#DASH #TechnicalAnalysis #CryptoPatel #fomc #altcoins CRYPTOCAP:BTC CRYPTOCAP:ETH
Ethereum 1 Hour Chart UpdateEthereum Market Update
Current Analysis:
Ethereum faced a significant setback, plummeting by 7.5% after breaching the $2335 support level. As we navigate this volatile landscape, it's crucial to monitor key support and resistance zones.
Potential Scenarios:
- Upward Move: If ETHUSDT maintains support at $2200, there's potential for an upward rally towards $2330.
- Downside Risk: Failing to break the $2350 resistance could trigger another downturn, potentially reaching $2050.
Critical Levels:
Support Levels: $2200/$2090
Resistance Levels: $2350/$2390
ETHereumEth is booming after 2150 will it still be bullish?
With the breakout, it is now pushing itself for 2400
Meanwhile, it tested the 2400 and now it's making its way towards the lower support.
A smaller time frame showed the trend change but 1hr and 4hr is still bullish so this chance is to be of buy on dip .
As it has broken down the 0.23 of fib-retracement.
we need another confirmation for bearish which is trendline support. So re-entry would be at 0.5 and 0.6 lvl.
The first target would be 2350. once it breaks that level, we are surely moving towards 2400.
#eth #bitcoin #trendanalysis
Ethereum Swing Trade Update- Bitcoin has moved up massively
- It's time for Ethereum to move up and show some great impulsive moves as well.
- Hold Eth do not trade it or sell it cheap
- ETH can easily reach 5,000$ conservative target and a realistic one
- Not selling dreams of 10-20k$ but yeah 5,000$ looks easy for ETH
SHIB/USDT 800% Potential in Bull Run ( Bullish Analysis )SHIB/USDT Long-Term Chart Analysis
Current Price: $0.00000940
After a -94% correction from the All-time High, SHIB is up 70% from the recent bear market bottom. Chart analysis suggests a potential breakout in the High Time Frame (HTF).
Breakout Level: $0.00001050
Long Term Targets: $0.000017 / $0.000027 / $0.000038 / $0.000067
Secondary Entry ( if Market Crash): $0.00000750
Potential Breakout Ahead:
SHIB is on the verge of a breakout in the HTF.
Waiting for confirmation for a good entry.
Long-Term Strategy:
Accumulate during dips for significant returns.
Targets are considered as resistances in the long term.
Future Expectations:
Anticipate substantial returns, especially during the MEMES trend.
Long-term targets set for potential future growth.
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Bitcoin Bearish Pattern So ready for $31500 ?Bitcoin Analysis Update
Current Status: Near Parallel Channel Resistance
Bitcoin is currently hovering near the parallel channel resistance, with a range between $40,500 and $41,000. The recent price action resembles a rising wedge, suggesting a potential bearish move if the $41,000 level faces rejection.
Anticipated Reversal Scenario:
If the price rejects from the $40,500-$41,000 range, we may witness a bearish trend. The initial stop is projected at $37,500, and a second stop at $32,000 could come into play if the channel support at $37,500 is breached.
Key Levels to Watch:
Support Levels: $37,500 / $32,000
Resistance Level: $41,000
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Ethereum Price Prediction Ethereum price trades in a clear consolidative trend on the weekly time frame between $1,933 and $2,141 barriers.
The daily chart for ETH shows a sweep of Monday’s high is likely to be followed by a sweep of Monday’s low at $1,985.
If Bitcoin price undergoes a steep double-digit correction, Ether could also slide to $1,933 and $1,829 support levels.
MaticUSDT short opportunity Matic is currently looking for a good correction I would suggest to look for short opportunity and only look for long opportunity at the buying zone
AGIX/SINGULARITY AGIX 1D TRADE SETUP
- The trade went exactly as planned
- We are up more than 30% from our initial entry
- Start locking in profits partially as it keeps moving up
- I am turning a little bearish now
- We do not know how things might unfold
- don't mess things up with notional profits, rather try taking 50% home
Ethereum Fresh Trade Setup#ETH/USDT Technical Analysis:
Entry: $2000-$1980
Targets: $2100 / $2200
Stop Loss: $1930
Technical Analysis:
- Strong bounce from $1940 support.
- Anticipating an upward move to $2100/$2200.
- Short-term bullish momentum.
- Support: $1940
Trade Plan:
- Entry: Long positions $2000-$1980.
- Targets: $2100, $2200.
- Stop Loss: $1930.
Note: This is not financial advice. Conduct your research.
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MATIC/USDT Technical Analysis: Navigating Key Levels and Potent MATIC/USDT Technical Analysis: Navigating Key Levels and Potential Scenarios
Current Status: MATIC is currently trading at $0.8532, reaching a recent high of $0.9831. The successful attainment of the $1 target, as previously predicted, signals profitable outcomes for those who followed our analysis.
Symmetrical Triangle Pattern: The chart reveals the formation of a symmetrical triangle, with a robust resistance level identified at $1.00. This pattern implies a consolidation phase, and future price movements within this triangle are crucial in determining MATIC's trajectory.
Future Potential: A breakthrough above the $1.00 resistance level could pave the way for a substantial uptrend, with potential targets ranging from $5 to $10 in the next bullish cycle. Traders are urged to closely monitor this pivotal level.
Bullish Momentum: In a bullish market, MATIC exhibits strong upward momentum, creating favorable conditions for potential breakout opportunities. Stay vigilant for positive trends and capitalize on bullish movements.
Potential Retracement Scenario: A rejection from the $0.90-$1.00 resistance zone may prompt a retracement, possibly testing the $0.48 support level. Such retracements offer buying opportunities for those seeking entry at more favorable prices.
Critical Levels to Watch:
Support Levels: $0.48, $0.30
Resistance Levels: $1.00, $1.50, $2.90
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