BITCOIN TRAP! OR TREND! ON 26 JUNEBitcoin is expected to demonstrate a neutral stance, potentially extending over the course of a week, as a result of reduced transactional activity by prominent market participants known as whales. Nevertheless, it is important to note that the primary trend for Bitcoin remains bullish. The optimal price levels to consider are at 29,000, 28,015, and 26,500.
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What whales are thinking on $ETH!
If we consider the given options for Ethereum entry prices and their average of $1689.7, here is a comparison:
1793.0: This price is higher than the average. If you enter at this price, you are buying Ethereum at a premium compared to the average price.
1724.6: This price is also higher than the average, but not as much as the previous option. Entering at this price would mean buying Ethereum at a slightly higher than average price.
1658.7: This price is lower than the average. If you enter at this price, you would be buying Ethereum at a discount compared to the average price.
1595.3: This price is the lowest among the given options and significantly lower than the average. Entering at this price would mean buying Ethereum at a substantial discount compared to the average price.
Based on this comparison, if you believe that the price of Ethereum will increase in the future, entering at a lower price such as 1595.3 could potentially offer a better opportunity for a higher return on investment.
Bitcoin trap or trend In a hypothetical worst-case scenario, it is conceivable that the price of Bitcoin may surpass the 30,000 level to the downside, potentially reaching a support level around 25,000. However, it is important to note that predicting future price movements in financial markets, particularly cryptocurrencies, is highly uncertain and subject to various factors and market dynamics.
Eth Analysis on 1 Day TFI see that the that previously bull market ended at 4320 then bear market started and it was irregular flat pattern as shown. I see that in wave C, it was five wave pattern and fifth wave was a failure as ending diagonal pattern. Further, trend has changed now and we are again in bull market now. Currently we are in fifth wave of 1st global wave. Wave four ended exactly at 0.318 fib level extension. See chart for further understanding.
Eth short Trade daily TF with supp & resisIn 4 hr time frame the candle is closed below the resis lvl. If the candle close in daily TF below the resis lvl thn enter the short trade till the nxt price tag marked on Chart.
but before take the entry see the market sentiments cuz at that time i was not their to guide you, some research do yourself
Entry see shorter time frame to early enter 4hr 2hr 1 hr
SL $1847
TP $1632, 1554, 1490
Trade the trade at your own risk my not responsible at your any loss
#Eth update Daily time frame with supp % ResisEthereum is currently following its trend line and heading toward resistance of $1252.
The price will move toward the next resistance at $ 1397 if the resistance is broken.
But if resistance is difficult to break & gets any rejection, it will come back towards the support level at $ 1050 - 998.