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SasanSeifi|Will $1800 Be Ethereum's Next Support Level?Hey there, ✌ Ethereum has encountered corrections from the key resistance level of $2700 in the long-term time frame. Currently, the price reacted around $2200 and managed to experience positive movements toward the $2500 zone, as highlighted in recent analyses. However, mid-term analysis still indicates a bearish trend, with the price ranging at the $2300 level. In the mid-term, it's anticipated that Ethereum may approach the $1800 zone through some corrections. Upon reaching this level, market reaction will be crucial in understanding the future movement. Key resistance zones at the moment lie between $2500 and $2700. On the other hand, if the price breaks and holds above $2700, we might see further upward movement toward $3000 to $3200 This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Short
by SasanSeifi
SasanSeifi 💁‍♂️ZILUSDT /LONG VIEW 👉3D ⏭ 0.033/0.037 ⬆ Hello everyone ✌ In the long-term timeframe, as you can see the price is currently trading in the 0.030 range of the long-term downtrend line. I think if the 3-day timeframe candle closes above the 0.030 range. The price will grow up to the target range of 0.033/0.037 and the FVG range of 0.040. We have to see how the price will react to the long-term downtrend line. ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
Long
by SasanSeifi
extremely bullish, your next mooningTORN on 3days, weekly and monthly is a big chance .... you do not want to miss these crosses when they happen on big charts ( weekly - monthly ) search for those, you only need one of them once every while and wait for them to pump TORN is a privacy coin like monero which pumped hard over the past 20 days, and now it is TORN's Turn ^_^ fibbonacci levels are a mix of fib retracement and a trend based fibbonacci extention, those are my chosen targets and you may draw according to what you know it has done a moving average crosses ( 20-200) on daily and retested it with a little break down of it DYOW i will go all in when this one start to move, already building position be careful of BTC ..... it might ruin the pump in its way going up if btc dumps hard
TLong
by flying_whale
BTC to $7800 in 3 days? If we retain our current descending channel then that answer is yes! The good news is that if it does maintain course, there is absolute hard support at $7800. We should be a little cautious and observant if we bounce off of $8200/$8300 support as it could lead us to a nasty head and shoulders that could break the 5+ year ascending trendline in the not too distant future if so. I feel like this is fairly improbable as I believe strongly in crypto maintaining the current long-term bull trend line. Once we broke the ascending channel we came back up and confirmed it as resistance, this was a strong bear signal. I really thought BTC was going to run a wider, slower descending channel as it had started just as it was breaking out of the previous ascending channel. This sell off has really been epic and with force that could help it penetrate the long-term ascending trend line but if we do, I feel it will quickly recover to the trend line. As I have been mentioning since probably Oct last year, look at any touch of this 5 year trendline as a huge buy opportunity, possibly the last time its this cheap every time it touches that line because that’s what it has represented for the last 5 almost 6 years. It is important to recognize the significance of this trend line, if we break it and convert it to resistance. If we ever turn this long term ascending trendline into resistance, I will be heavy short on crypto as the correction would likely be really drastic. I do not see any reason to believe we would break this trend line in any meaningful way. Another observation I have made is that the global order books have been fairly stable. Of the major exchanges which we track, the global market liquidity was at about $1Billion (Not including derivatives) for crypto with BTC representing about 10% of that market depth with 100M in order books. At the beginning of this crash, the global order books fell down around $750M USD and they have been holding up around $750M and BTC sitting at around $80M. One thing a little concerning is that if you chart the books, it looks like we have established resistance at just under $790M. The books definitely maintain trends as well, in fact, the global books signaled a break in the trend before price did (Feb 15th) and often signal bottoms and tops as they tend to recover before price. Come play with market depth with 6 different depths of market, TV charts, special depth metrics and more @ vcdepth.io I am crypto long and 2020 feels like its going to be a good year. This is not investment advice, I am merely sharing my research. I recommend you do your own research, always.
COINBASE:BTCUSDShort
by EncryptShawn
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