Trading the 1hr channel breakout. seems that the channel breakout is retested and good to go. Targets on the chart.
I think solana is capable of reaching 208-209 level looking at the 4hr time frame as it is in an ascending channel. On the daily chart, although it is doing fine having passed the support 194.27, low volume is still a concern. If we see some volume pump, sol can reach the 218-220 level according to fib retractment. P.S.- I am a very novice trader who has started...
Btc following channel. consolidation seems bullish. previous channel breakout was with good momentum. we can see 53k soon.
ETH looks bullish Flag BO on hourly chart .... Buy at CMP, target for min 26 pts and second 50pts more... Good support at base, SL will be Channel base also 61% fib levels 25pts
The ETH chart has formed a nice Double Top. With Volume being on the stable side, another spike in the volume will result in the ETH going down below the supply zone and testing the next support level.
I was looking at Ethereum (ETHUSDT) daily and was having a hard time deciding which way to go, what to look for, what is happening now and what is likely to happen next. I set the timeframe to weekly (W) and multiple signals showed up right away. Ethereum Chart Analysis by Alan Santana Looking at this chart, ETHUSDT has been correcting since November. Prices...
Here is an analysis of ETHUSDT pair on 4hr time frame. There is rising wedge in long term pattern and falling wedge in shorter term pattern.
look for price action and its not a financial advice
Strong resistance at 4700s. If rejected, will range from 4000s-4700s for awhile.
It appears Btc / Bitcoin has broken down from the triangle formed on the daily and is currently retesting from it. invalidation will be- clear break of 53.3k resistance.
Expecting to long ETH at these levels here. Not financial advice. DYOR
entry stoploss and target are mentioned eth can retest his support 4200
Bitcoin forming descending triangle in 1 hour chart. If it breaks out in this bearish scenario we can reach the bottom of the channel.
Ethereum will overperform with btc pair Entry below $4000 Stoploss $3800 Target $4300 Target $4550
This crypto has broken out with good volumes and could Retest in daily candlestick chart, and may rally further. It is a small cap and the markets are showing signs of weakness. so this trade is of high risk and due caution is advised. Risk Reward Ratio - 2:1 SL placed below major support and below trendline. Target is placed at twice the stoploss.
On daily time frame, RSI is making lower highs but the price is making higher highs. That in my experience is a bear divergence with clear rising wedge pattern. Keep an eye on all the price levels when ETH breaks down the triangle. The only thing that can keep this from happening is announcement of L2 or ETH2 merge on ETH mainnet
Buy GXSUDT CMP 3.53 Target 5.5$ to 6.50$. GXS given breakout of the multiyear..possibility of going up is very high.
This week Eth might cross its ATH then 4800$ will act as a support and resistance will b3 5000$. If EtH crosses 5000$ then it can go 6000$.