Ethereum Retest after a Breakout 📕We've created a bottom wick on the new monthly candle of 2.5%. The Weekly candle closed strongly above the Weekly Resistance zone to the left hand side at $1,909. We can observe a clear Higher high in market structure that formed pushing price up to $1,976. We have clean traffic (clean and clear candles) to the left hand side on the 4hr and Daily timeframe up to $1,995. Textbook break and retest for Ethereum here for a continuation higher. Price is retesting our previous 4hr resistance which may turn into support.. It's possible price may want to retrace a bit more to $1,924 Daily support level that was formed after Sunday's price action.
4Hr Chart ->
Daily Chart ->
Cryptolevels
EOS Potential ReversalEOS cryptocurrency is currently displaying signs of a potential reversal. The price action suggests that the downward trend may be coming to an end, and a bullish turnaround could be in the cards.
Based on this analysis, my short-term price target for EOS is the $0.83 resistance level.
Looking forward to read your opinion about it.
DOT Polkadot Double BottomIf you haven`t sold DOT here:
Now DOT (Polkadot) has exhibited a promising chart pattern with the formation of a double bottom, signaling a potential bullish reversal. This pattern suggests that the selling pressure has been absorbed, potentially paving the way for an upward price movement.
With the double bottom formation in place, DOT has the potential to experience a significant rally, and your first price target of $6.25 seems attainable. As market sentiment improves and buying interest increases, DOT could see notable upward momentum.
Looking forward to read your opinion about it!
BTC: AT THE WEEKLY TIME FRAME BREAKOUT ZONEBTC is currently at a crucial zone. The stability we are witnessing in this zone can be attributed to the historical trend that occurred on May 31st, 2022 when BTC experienced a new low. If BTC manages to surpass the $32K mark, it has the potential to reach a new high of $38K, marking the beginning of a new bull market.
The current zone where BTC is located is critical, and it is advisable to closely monitor whether the trend will continue in this direction. A positive outcome could signify an impending breakout.
There is a good chance that BTC will return to FWB:31K before the new weekly chart.
Solid Monthly Candle & Momentum through Weekly Candle Closure↗️The Monthly closed strongly Bullish with a solid engulfing candle of the previous monthly candle. We closed above $29,243 Monthly resistance. Also we closed above the weekly timeframe Resistance level at $30,322. The Monhtly candle closed but we have not see the weekly closure yet. Into the close of the weekly candle I'm anticipating a bullish push to the Upside. Our massive liquidations on Friday I believe served as a catalyst for a clear path forward. Looking at the monthly candle we can expect another Higher High on the next candle since it's in an uptrend and that was confirmed with market structure during the close of March's Monthly candle.
It's my belief that we will soon see our deeply feared $30,730 Daily Resistance Level act as a support for price.
BTC ☀️ Trading Conditions; XRP - 🌧️ Ahead? The crypto summer is here to stay, with sunny trading conditions ☀️ reigning, ATTMO’s short-term and one-week forecast shows. This signals that a slightly bullish market with upside potential is likely for Bitcoin and most cryptocurrencies. 📈✨
Ripple’s XRP, on the other hand, bucks this positive trend ☔️, with rainy trading conditions 🌧️ ahead. This translates to a bear market 🐻 with a downward trend. 📉
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Ethereum -> Bullrun Will ContinueHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Ethereum just retested and quite nicely rejected a major weekly resistance zone which was - after the break - turned support at the $1800 level.
You can also see that market structure is still bullish and there is always a higher chance that momentum will continue so Ethereum is not slowing down at all and I simply do expect another bullish impulse to retest the next resistance level at $2100.
On the daily timeframe you can see that Ethereum is currently sitting at the $1920 previous daily resistance but I definitely do expect a break above this zone considering that Friday's candle is showing massive buying pressure and then I am waiting for a retest to then capitalize on the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
27.5$ Top Wick and 25$ Candle Body 🫣 -> Rejection of HighsEthereum is Creating Lowr Lows and Lower Highs as it descends away from our Weekly Supply level $1,915. Price ran into th Weekly Supply level last wednesday and ever since then we have been unable to identify a push to create a Higher high on the Intraday timeframes. Instead price is retracing and it appears to be stepping down stairs in a calculated fashion. As the Monthly candle comes to a close price, we will be able to identify a bearish candle if price closes below $1,873. Price would have to increase +1.6% from the current price to end Break even on the month. If the Monthly candle closes bearish then Bears have established a Resistance. We may then anticipate further downside to fill at least part of the previous monthly candle's bottom wick with momentum carried over. This is the idea behind this Short publishing.
First TP $1,828 Daily Support Level
2nd TP $1,800 Psychological Level
3rd TP $1,723$ Weekly Support Level
Monthly timeframe Outlook : Idea is that we will go to fill at least part of this month's bottom wick with momentum carried over to the next monthly candle
Yet Again Bitcoin! Failure to close above $30,715 🧟Looking for downside as we move into the next Daily candle for a few reasons. We have had 3 Daily candles back to back fail to close above $30,715 Daily Resistance which was initially created on June 24th. this resistance has held for nearly a week now after a 25% pump from the lows. In the short term it's fair to anticipate a bit more depreciation in bitcoin value. Bitcoin is currently in a range and has been since the 23rd of June. The price behavior has been alot less amusing than the prior week. Just yesterday after dipping into Daily support at $29,901 .. it only took about 15 hours before price ran 2.8% back to the highs. The high of the range $30,715 said " not today" and price still sits in the range. Price is currently in the top half of the range.
I believe Inflation red folder news tomorrow during NY Session will help lead the way down and retrace back to at least our newest daily support level $30,085. At that point in time, if we get there, we will reassess. If we've entered the Fomo phase, why have we not continued pumping. Price is stalling at Medium term highs as the Monthly candle comes to a closure.
As the new monthly candle opens in 24 hours, it will likely create a bottom wick before it attemtps to drive up. That is the idea for this retracement into the new monthly candle
1Hr Timeframe
Litecoin Storm Warning 🌩️ : Imminent Correction Ahead The weather is tropical 🌴 – translating into imminent correction likely ahead – for Litecoin today.
On the other hand, the global crypto summer ☀️ continues with sunny weather in the coming hours and week ahead for the global crypto market as yet another major asset manager filed a spot Bitcoin ETF and on today’s options expiry.
This signals a slightly bullish market with upside potential. 📈
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🌧️ Outlook for Ethereum & Altcoins; ☀️ for BTC & BNBEther and many other altcoins face cloudy ☁ or even rainy conditions 🌧️, signaling a bearish trend with downside risks according to ATTMO.
However, sunny weather with a few scattered clouds lies ahead for Bitcoin and Binance in the next 24 hours ☀️, painting a slightly bullish market outlook as investor interest in the crypto sphere remains strong.
Over a one-week horizon, ATTMO predicts prevailing sunny trading conditions across most of the crypto market. 📈
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Ethereum Short at the Lows 🏴 (More Risky) / Momentum ↘️This Short Idea begins at a 1Hr Support Zone & let me explain my thoughts. The Idea for the trade stems from the fact that the Weekly candle is Bearish. Daily candle is bearish. 4Hr Market Structure is bearish and descending away from our Weekly Supply level at $1,915 ( Published in a previous idea). We are shorting the breakout to the downside in anticipation that the Daily candle will continue to pull down into the close of the candle in 5 Hours. We have clean candles to the left /clean traffic on the 1Hr timeframe down to $1,816. 2 Ways to approach this. 1) Short at the lows anticipating volume to come into the market as we transition into the new daily candle. 2) Wait for a pullback to what was our Daily support level and may now because a Resistance level at $1,860$.
Double Top? -> ₿ $30,715 Price may appears to be struggling at our daily resistance Level $30,715. Price action appears to having a difficult time maintianing Bullish Market structure and creating a Higher High on the 4Hr timeframe. In our recent publishing we were anticipating a pullback as we transitioned into the new Weekly Candle. We got that as price pulled back to our nearest daily support level at $29,901. Can't expect much as a trader after quite the sizeable move from 24.5K last week.
☀️ Skies for Bitcoin & Binance, ☁ Outlook for Ether and AltsSunny weather with a few scattered clouds lies ahead for Bitcoin and Binance in the next 24 hours ☀️, painting a slightly bullish market outlook as investor interest in the crypto sphere remains strong.
However, Ether and many other altcoins face cloudy ☁ or even rainy conditions🌧️, signaling a bearish trend with downside risks.
📈 Over a one-week horizon, ATTMO predicts prevailing sunny trading conditions across most of the crypto market.
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#DXY $DXYWell i know the markets and watching the $ can make you feel crazy. I know that a lot of people seen the premarket moves and premarket views and SOLD right into support. When really, they should have been looking for pullbacks/reactions to plays the KNOW and like as to their movements based on this chart ALONE could have EASILY given you entries from premarket to open that you could have then already sold for profits 30-90 minutes later.
Crypto Summer Thrives! 🌞 1-Week Forecast Unveiled! 🌧️/ 🌞 ? The crypto summer is in full swing with sunny skies ahead! 🌞 🚀 Sunny weather is ahead in the coming hours as well as over a one-week horizon.
Asset managers' ETF applications are fueling the demand for Bitcoin, paving the way for an exciting market outlook. We can anticipate additional players, such as Fidelity, filing their applications in the near future. 📈
These favorable conditions signal a slightly bullish market, presenting potential upside opportunities for the crypto sphere as a whole.
Follow ATTMO Times to stay ahead of the curve!
Crypto Summer Sizzles On! 🌞 But What's the 1-Week Forecast?The crypto summer is in full swing with sunny skies ahead! 🌞 🚀 Sunny weather is ahead in the coming hours as well as over a one-week horizon.
Asset managers' ETF applications are fueling the demand for Bitcoin, paving the way for an exciting market outlook. We can anticipate additional players, such as Fidelity, filing their applications in the near future. 📈
These favorable conditions signal a slightly bullish market, presenting potential upside opportunities for the crypto sphere as a whole.
Follow ATTMO Times to stay ahead of the curve!
ADA- Strongly bearish under 0.3The trend for Ada is clearly bearish and the coin has made even a new low after the start of the year's crypto rally.
At this moment AdaUsdt is trading under important 0.3 resistance and a new drop is probable.
The target for this drop is the recent low, but a new low is not out of the question, even probable
🐂☀️ Crypto Bull Run: Sunny Skies and Upside Potential! 🚀📈The bull market continues in the crypto universe 🐂📈, with sunny conditions ahead in the coming hours and over a one-week horizon. ☀️ An upside potential across the board is likely, according to ATTMO. 🚀
ETF applications fuel optimism, while low liquidity sparks exciting price fluctuations. 🌟 Stay tuned for EU inflation updates and follow us for more crypto weather reports and insights! 📊
$BTCUSD - MetaSignalsPro - NEUTRAL >> LONG👉 My Trade Plan
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✔️ Possible LONG
🎯 if B.O => Fibo 261.8 @ 34 400
🎯 if not B.O => 29 900 then 29 300
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📌 Main Time Frame H1
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👉 TrendDOWN : OFF
👉 GreyBOX : ON
👉 BladeSCALPER SIGNAL : ON
🎯 Fibo 23.6 could be tested first
📌 Upper Time Frame H4
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👉 TrendUP - ON
👉 BreakOut of the RealTime TrendLine: DONE
⌛️ PullBack in the Blue Cloud: could be tested a 3d time
🎯 if B.O => Fibo 261.8 @ 34 400
🎯 if not B.O => 29 900 then 29 300
BITCOIN reversalHere it is! GOV are getting into crypto.
There has been a pump as they are buying in and it looks like the bitcoin is reversed. I had been checking trends and you can see the parallel channels drawn.
looks like we are gonna see a bitcoin rally and equity market go down.
Interesting times ahead.
Stay cautious and use SLs everywhere in trade and investing.
See you around.
🌞 Skies for Crypto Market, Except XRP: ⛈️ Conditions ForecastedXRP 🌧️ is facing stormy weather ahead. With bearish conditions and downside risk looming, investors need to brace themselves for potential price turbulence.
On the other hand, sunny weather with a few scattered clouds 🌥️ lies ahead for the global crypto market, translating into a slightly bullish market with upside potential in the next 24 hours and over a one-week horizon. The crypto universe is boosted by various ETF news and increasing interest from institutional investors.
Follow us for more crypto weather reports and market movement insights!