The tp for yesterday's analysis hit, And gone beyond it..
The situation of ETH is very choppy rn, and a major upside or downside move may happen soon, mostly downside is in favor. imo lets wait and watch the market conditions and we will see. NFA ofc.
In short term 5-15 time frame eth usdt looks like a breakout, retesting, confirmation could be possible, lets see....
So i have analyzed some chart of ETH/USDT in 15 min time frame and i found that ETH is having a breakout, lets wait for its confirmation, and confirm thats not a fake breakout
ETHUSDT MARKET TREND is bearis so this is a counter trend for short term buy if market take the ind then we think for sell
Time Frame : 4H Chart Type : High-Low (High-Low chart type filters noise from the chart and gives us a candle with High-Low) The resistance zone is marked on the basis of the bearish move of 13% in 10 days (13August to 22August). The price has marked a zone of 1618.50 to 1660 and now the price has further declined 5% from this zone. Now the price is at the...
Chart - Heikin Ashi Timeframe - 4H Resistance Zone - 1635 to 1647 20 ema - 1634.25 50 ema - 1643.36 100 ema - 1664.89 200 ema - 1710.45 Fib Retracement :- 38.20% level 1732.88 50% level 1789.44 Note :- The breakout of 1647 level will also give us the breakout of 20 ema and 50 ema. Trade Setup :- 1. Enter on the breakout of...
There is a breaker . Price is respecting the breaker Block . when Price taps on it. It Shows change of characeter in Ltf . and there is no fvg in 1h or 4 h . but as you zoom into 15 min or 5 fvg . where you can trade . But it's too late. this is for educational Purpose only. This is not Financial advice
In this technical analysis, we delve into the current market trends of the ETH/USDT trading pair. The Ethereum cryptocurrency has shown promising signs of bullish momentum, with key buying and selling levels identified for traders to consider. Buying Area at 1760-1780 Levels:- Ethereum's recent price action reveals a strong support zone between the 1760-1780...
if break and sustain these level then it will be the next target and entry.
The replication of history remains uncertain, yet its echoes can offer valuable insights. In 2018 similar kind of pattern was present and fake breakout trap was follwed by decline in price for more than 70%. May or maynot be this time similar movements will happen but surely something very important moves are in expectation.
💎 Paradisers, let's dive into ETH/USDT. The asset is forming a rising wedge pattern, and currently, it's in a consolidation phase while we await the SEC's decision on the spot BTC ETF. If the SEC leans towards disapproval and the price falls below the 1757 threshold – which serves as both the lower boundary of the rising wedge and a significant demand zone – we...
Well this tells where to sell a scrip correctly if you enter shorts when support breaks. Specailly why confirmation is needed.
ETH now testing the trendline. We need a bounce here at confluence of 200MA with support trendline to continue further uptrend. Losing the support will be short opportunity for bears.
ETH is BEARISH trend but now it's want to go UP for seequing BUYING LIQUIDITY OR RETEST
Eth could take recent liquidity and then move upside
Currently Ethereum is trading at $1850. The current ETHUSDT support zone is at $1830. The current ETHUSDT resistance zone is at $1930 Bitcoin is trading around $29000. If BTCUSDT price fall then we have to look below support zones for Ethereum.
ETH have chance to go down if it breaks 1870 support level then we can see proper head and shoulders, so we can expect next support levels are 1740$ to 1690$ area. #Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto