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Dip

ETH "Buy the Dip" opportunity?The pullback I outlined in my last ETH post came to fruition, however, there was a surprise retest of resistance before failing again and pulling back. Now we are at the bottom of the ascending channel but if we lose support here, it looks like we may be forming a sideways channel, in light blue lines on the chart. With support of bottom of channel and 200 EMA on the 4h candle, seems like a good chance to hold here. Lets look at the details. ------------------------------------------- # ETH/USD Analysis – 4H Chart 📊 ## Structure and Price Action: **Parallel Ascending Channel** ETH/USD is trading within a **parallel ascending channel**, with price oscillating between the upper and lower bounds (green lines). The price is currently testing the **lower trendline support** of the channel, following a recent rejection near the **$4,000–$4,050** region. **Bearish Rejection at Resistance** Sellers stepped in at the **$4,050 Bearish Order Block (OB)** (red zone), leading to a sharp reversal. This indicates heavy supply at this level, halting upward momentum. **Bullish Order Block Retest** The price is approaching multiple **Bullish Order Blocks (OB)** around **$3,500–$3,600** (green zones), a strong demand area where buyers previously defended. --- ## Support and Resistance: **Immediate Resistance** - **$3,800–$4,000**: Key resistance zone aligning with the upper channel boundary and recent bearish OB. - **$4,050**: Critical rejection level and prior swing high. **Key Support Levels** - **$3,500–$3,600**: Primary demand zone, reinforced by bullish OBs. - **$3,300**: Secondary support area in case of deeper pullback. --- ## Indicators **EMAs (20/50/100/200):** - Price has fallen **below EMA 20 ($3,880.60)** and **EMA 50 ($3,810.46)** – short-term bearish bias. - **EMA 100 ($3,613.86)**: Acting as dynamic support near the current price. - **EMA 200 ($3,380)**: Long-term support level. **Parabolic SAR** - SAR dots are **above the price**, signaling bearish momentum. Watch for a shift below the price for trend reversal. **Volume** - Volume **spiked on the recent drop**, reflecting increased selling pressure near the lower channel boundary. **Stochastic RSI** - Stochastic RSI is **oversold** (3.69/7.86), signaling potential for a short-term bounce. **Money Flow Index (MFI)** - MFI sits at **23.89** (oversold), suggesting buyers may soon step in. --- ## Pattern Analysis: **Ascending Channel Breakdown Risk** ETH/USD is at the **lower channel support ($3,600)**. A breakdown below this level could invalidate the bullish channel and trigger bearish momentum. --- ## Probabilistic Outlook **Bullish Bounce (Primary Scenario):** If buyers defend the **$3,500–$3,600** zone and volume increases: - **First Target**: $3,800–$3,850 (EMA 20 and recent resistance). - **Second Target**: $4,000–$4,050 (upper channel resistance and bearish OB). **Bearish Breakdown (Alternate Scenario):** If price closes below **$3,500**: - **First Target**: $3,300 (next significant support). - **Second Target**: $3,200–$3,000 (psychological support and structural zone). --- ## Key Signals to Watch: 1. **Lower Channel Support ($3,600):** Break below = bearish continuation. 2. **Volume on Breakdown or Bounce:** Rising volume confirms the move. 3. **EMA 100 Support ($3,613):** Holding this EMA could trigger a short-term bounce. 4. **Stochastic RSI and MFI:** Both oversold; favoring bounce unless sellers persist. --- ## Order books Took a significant hit, losing about 15% of its prior levels. The market depth ration has remained stable, inferring bullish sentiment overall but weakening books can deteriorate this, we will look for order book levels to recover past today's levels to validate reversal. ## Conclusion ETH/USD is at a **critical juncture** within the ascending channel. Buyers must defend **$3,600** to maintain the bullish structure. A successful bounce targets **$3,800–$4,000**, while a breakdown below **$3,500** could open the door for a decline toward **$3,300–$3,200**. 🔍 **Watch volume and key support levels for confirmation of the next move.** 🚨
COINBASE:ETHUSDLong
by EncryptShawn
How far ETH will pull back? Potential Future PathIn this chart, all bull trends are in green and bear trends in red, the the longer/ more tested, the stronger the line. -The dark red line in the bottom corner was a descending trend we had since over a year ago -We broke out and established a strong ascending trendline and an ascending channel that was about 15 degrees lower slope. And actually at the same time it confirmed the upward channel, it started the downward channel, recently confirmed. -The other battle here is we lost that strong dark dark green ascending support line and then we came back up and took it back, got rejected and then tried numerous more times to break it before giving up and losing ground. * Once again we will need to decide which channel we want to maintain, the ascending green channel or the newly formed descending red channel * I drew some lines of what seems Potential Future Paths, based on my interpretation of the current chart *Each set of eyes are where you want to be paying attention should we make it to this area. Roughly this chart infers. Possible downside ETH: $3650-$3550 | bullish | If we maintain this green Ascending channel ETH: ~$3450 | Possible short term bear Possible Upside: Look for resistance around $3950 after testing channel bottom. ------------------------------------- Orderbooks: Currently orderbooks are strong but we did have the first significant dip in trader confidence we have had in a long minute with the recent sharp pullback but asks are back up to a very stable level. A recent uptick in in bids at 100% DOM, infers traders think there is some more pullback possible though this could be short lived. This is per coinmarketflow, using the new TV charts on ETH. ------------------------------------- Longer Term: Note, that is 1 hour candles, here is the same chart with 1d candles: * Notice we are in a looong term ascending trend and we still have a ways before we test our theoretical top of channel but also there is a lot of room for this to fall, ETH could fall to $2500 in the next days to months and it would still be in an overall longterm ascending pattern with numerous proofs of support over the years. This is my research based on trend analysis and orderbooks. You should always do your own research, maybe my research will help add to your own and work out as a win.
COINBASE:ETHUSD
by EncryptShawn
ETH could find footing around here...We had a steep incline, we tested it 4 times and it was support, we tested it a 5th time after rejecting a breakdown and she crashed through support and now we are nearing where we hope to get a footing. You can see where if we slightly adjust the angle of the channel from the prior super steep ascending channel to this new, pretty steep ascending channel, we are near the bottom of channel, near support and hopefully hold and bounce back up from here, would still be plenty bullish, with just a more reasonable trajectory. Looks like we will have the 200 (4h candle) moving average line up around this support line as well giving it double the chance of holding. If it breaks down, the price could drop a lot lower, like $3000-$2400ish even. if this is bottom line here, we have a little more down trend and probably some consolidation down here before heading back up, should let other assets breath some too. If it breaks through this, be prepared for more drop. Order books currently imply that more traders believe the price will drop more than traders who believe the price will rise. This could be a great entry op for ETH and many other assets but be vigilant, especially with order books in the current state, and it took a solid month for them to decline to their current state, so hoping for a two day reversal could be asking a bit much. I am currently optimistic but skeptical
COINBASE:ETHUSD
by EncryptShawn
DOT on a Dip?When the market pulls back, instead of looking for momentum trades, its best to look for a dip to buy. If this ascending trendline gives up, Dot will probably go sub $6, however, its likely to hold up here, and that makes this right about the best time to enter, if this ascending trendline does hold here. There are many assets right now that look like this, its worth coming them and looking for good entry, with the caveat that if we break support on any of those, you would need to bail for a small loss and focus on the next support, which is a bit lower for most of these alts. Also to be fair, orderbooks look not great right now, more traders expect lower prices versus higher prices. I think we are at a point ETH could consolidate here and that could be rough books while it convinces traders it has a footing. You need to be especially vigilant trading right now.
COINBASE:DOTUSDLong
by EncryptShawn
BAND dip entry swing trade opportunity?I know it doesnt seem like much of a dip but in the ascending channel it has assumed, it is a dip to bottom of channel. I have been posting a bunch of momentum trade targets where a resisting trendline is broken and assets break out once they finally break through, but a lot of those can leave you wondering where to exit, best if you can handle it with a trailing stop loss if you have it available to you. Buying the dip tends to be safer and you have a clear definition of when to accept loss and bail and where about's to exit. I prefer ascending trendlines, I dont like to swing trade a descending trendline though in some market conditions thats all we have, but right now this is a bull market so there are plenty of options. So here with BAND you see 3 components to my entry #1 A strong identifiable ascending trendline #2 We are testing support #3 We break out of the short term descending resistance that pushed us down to test support, indicating we are switching directions from descent to ascent. Then where to exit, the easiest way to see where resistance is, copy your Tradingview line and paste it, then move it up, you will find top of channel by moving the line (without changing angle, just moving up or down) to the top of the tallest candle above the trendline. You can also usually find a mid-channel line which will present resistance and support along the way. This chart infers if we enter here, we might can exit at around $2.70, depending on when we get to top of channel. Of course this hasnt triggered yet, it could break that longer supporting trendline and then it would be bearish and not ideal to trade. I have numerous assets I am watching that are in this state now, i am currently using 3 commas to monitor the trendline I have #3 pointing to on this (and similar on other assets), if it breaks through, I will pick up the position automatically. I can use an exit signal also via the top trendline though atm I am trying with a loose trailing stop loss. Orderbooks dont look exciting on BAND atm and volume isnt exciting either, but I think its hard to use those when trying to "buy a bottom", you are trying to buy it in its worst condition as of recently. Anyway another opp to bring to your attention, another tool you might can use in your toolbelt and of course as usually, DYOR, this write up should not be something you use as the deciding factor to trade an asset. Also as always, sentiment can change any time a trendline is broken so watch the lines and be ready to adapt.
COINBASE:BANDUSDLong
by EncryptShawn
TWT/USDT - THE UNEXPECTED BREAK 2024 up $1.40since the BTC breakdown and where the markets looks red for the low time frame trend, can TWT show an unexpected break.. This depends on the TA view of TWT and the least data of this coin. We have been interested since today in TWT to follow the coming time to check if it can break even in these red times. looking TWT for the first confirmation. -Confirmation targets between $1.08 and $1,15 -Power target $1.40 -The best Diamant target $1.82 We have seen before that TWT did find the volume before also from this area and with around the same correction. Beta idea chart TWT/USDT This chart idea depends on the high chance of whales buying which could be for cycle interest and DCA. In most times such increases are unexpected and 1 line break. There is no reason to enter any market directly, and in times when the markets are red its better to wait for confirmations as trading can be very risky. This idea is a high scenario, which means not trading advice as all our updates now and in the future.
Long
by SatochiTrader
DIPS ARE FOR BUYING ! Don't get SCAREDBitcoin (BTC) has been trading within a horizontal accumulation pattern on the 4-hour timeframe. This pattern is characterized by a period of price consolidation within a defined range, with multiple attempts to break out to the upside or downside but ultimately failing and returning within the range. This price action often indicates that there is significant liquidity built up on both sides of the range, waiting for a catalyst to break the pattern. Significant Liquidity Above and Below the Range: BTC has formed significant liquidity levels above and below the horizontal accumulation range. These liquidity levels represent areas where a large number of buy or sell orders are clustered. The supply of these orders at specific price points can act as support or resistance, influencing price movements. Large Imbalance Below the Range: On the 4-hour timeframe, BTC also exhibits a significant imbalance between $51,000 and $59,000. This imbalance suggests that there is a larger amount of sell orders than buy orders within this range. Imbalances can sometimes act as magnets, pulling the price towards them to fill the excess orders. Potential Breakout Scenario: Based on the horizontal accumulation pattern, liquidity levels, and imbalance, I anticipate a potential bullish breakout for BTC. Two possible scenarios could play out: 1. Retest of 0.5 Fibonacci Retracement: The price could retest the 0.5 Fibonacci retracement level of the imbalance, around $55,000. This retest could serve to shake out weak hands and further accumulate liquidity before a breakout. 2. Sweep of $59,000 Level and Breakout: In a more bullish scenario, the price could sweep through the $59,000 liquidity level, indicating strong buying pressure and potentially leading to a breakout towards $77,000, the next major resistance level. Overall Outlook: BTC's price action suggests a potential breakout from the horizontal accumulation pattern. The presence of significant liquidity levels and an imbalance below the range further supports this possibility. While a retest of the 0.5 Fibonacci retracement level is possible, an ideal scenario would be a sweep of the $59,000 level and a continuation of the uptrend towards $77,000.
Long
by Yaroslav_Krasko
2
ETH #TIMBER! // "Buy the dip" levelsNotes on how I personally use my charts/NFA: Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these percentages are still respected. I like to use the trading range to accumulate by using this tactic. Just my personal way of using this. This is not intended or made to constitute any financial advice. This is not intended or made to constitute any financial advice. NOT INVESTMENT ADVICE I am not a financial advisor. The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
BINANCE:ETHUSDShort
by PudgyProdigy
⚡️ Gov SHUTDOWN?! Market will tank?! What to do in this case? ⚠️⚡️Some shutdown insights with chart: Chart shows longest shutdown: 12/22/18 - 1/25/19 The fear factor has always been PRE-shutdown. Not DURING or POST-shutdown. ⚡️ That means what? If we shutdown, we may dip say 2-3%. But what happens during shutdown? You'd be surprised market actually RECOVERS during shutdown. BY A LOT. During the shutdown in 2018-2019, the market recovered the ENTIRE DIP, whole +15%. That's the same thing that happened in 2013. The market rose 3% during shutdown. ⚡️ So is shutdown really bad for markets? No. Only shutdown fears really cause a dramatic effect BEFORE it happens. Remember the psychology of "priced in". Once a shutdown happens and market reacts for a day or 2, it's priced in. ⚡️ But why? After the shutdown happens, anything is good news. If they announce a deal, that's good news. If they vote, that's good news. Thus, market does well during shutdowns. Good luck. 🙂 AMEX:SPY NASDAQ:QQQ NASDAQ:TSLA NASDAQ:AAPL AMEX:DIA
AMEX:SPY
by kingdips
6
BITCOIN ( Is this the final DIP ? )I bought the dip but it just keeps dipping! it's time to put on my bear glasses and check this ponzi chart !! oh yeah As you can see in these patterns the moments everyone ready for breakout, bitcoin dumps to another lower level and kills all hopium that moonboyz, frog army and GM gurus got if you think that you are person who manage to buy the exact number at dip you are wrong too, like people who bought at 60k and had plan to sell at 90k RSI looks bearish like the pattern , I start shorting at 17490 and not going to close it till 16950$ If you got crypto on Huobi and Gemini exchange watch out too funds are NOT safu
Short
by moonypto
74
United Airlines (UAL): Buy the DipUnited Airlines (UAL) stock recently dipped over 20% as a result of poor guidance for Q1. The company over estimated for Q1. However, United is positive for Q2 based on bookings. So, if they were to lower guidance for Q2 and the rest of the year, I would say the sell off might be justified. However, that is not the case. UAL's EPS projections remain $10 to $12 for the full year. So, this is a buying opportunity in my opinion. The technical perspective shows the stock near an oversold condition on the daily chart RSI. The price could dip further to the next support level in the $30s, but it might find a bottom around the current level in the low $40s. Check out my link below for a full article.
NASDAQ:UALLong
by Zman1175
HOW TO BUY THE DIP- What is considered the bottom for a coin? - How to identify the bottom? - What technical analysis tools to use? - What are the fundamental prerequisites for the bottom? What is the bottom for a crypto asset? The bottom is the lowest price level of a crypto asset, after which the price of this asset is expected to rise. The bottom is not always an absolute measure for the entire history of the existence of an asset, but can be calculated for a certain period: a year, a quarter or a month. How to identify the bottom Each trader has his own set of tools to determine when to buy an asset. Here are some of the most clearest signs to each of us: There is a protracted flat with the upper border breakdowns The movement occurs in a strong support zone and is accompanied by high volumes The order book contains big bid checks Good news on the market or the project The price is lower than the sale price (ICO, IEO, IDO etc.) The bottom we search for is not a new all-time bottom Protracted flat with the upper border breakout If you observe that for a long time: 2 weeks, 1 month, - the price is at the same level, while occasionally trying to “break out” up, that is, the resistance line is broken, then this is in 90% of cases - the impulse to the rapid growth of prices. However, if the breakout is more often than just the support level, then get ready to test a new bottom. Strong support zone and high side volumes Determine that there is a strong support zone at this level, that is, it met more than 3 times on the chart for the period under study and is supported by good horizontal volumes (Volume indicator). Display the VPVR (Volume Profile Visible Range) indicator on the same period on the screen and evaluate whether the maximum vertical volumes for the selected period are at this level. Big average checks If you observe volumes above average with a “small” candle body, then there are purchases at the same price for a large amount. This may indicate "big checks" or high market density. To confirm the existence of “big checks”, you can refer to the order book and make sure that there are real bid orders for large amounts. Fundamental prerequisites As an extra springboard from the bottom, news resources can: Issue positive analytics from experts on this asset Record the activity of major players - funds Report new technologies that have been released or are about to be released by the project Share the conditions for large investments in the project by large funds, etc. Price analysis for IDO, ICO and Private Sale If the project token or coin appeared on the market following one of the popular types of crowdfunding: ICO, IEO or IDO, the most popular one, then you need to compare the Public Sale price with the current price. If the current price is below the Public Sale price of the IDO, then you can put this in another checkbox on your checklist as a sign of a potential bottom. If the IDO price was lower, then this is not a bottom, there are still a large number of investors on the market who bought the coin at a lower price, which means they can sell it cheaper. Our bottom is not a new all-time bottom As we noted earlier, a support line is formed at the level of the potential bottom. If the price has never dropped so low in the history of the asset, then we cannot build a support zone, which means that the price can go even lower and find many new bottoms.
Education
by Crypto_robotics
MAJOR DROP JANUARY 2023 Crypto MARKET CAP 400 BILLIONHello, the Crypto Market cap is due to shed 50% or more in the beginning part of 2023 with a quick recovery after Q1 into Q2. At this moment the macros agree that we have one last leg down until the main BEAR MARKET dip which I estimate will be in January 2023. If you're longing here, you'll be in profit summer 2023 but if you're waiting to long then its good to wait. Every price from this post will cut in over 50% all cryptos within the month. This will align with the attached BITCOIN 2023 DIP CHART. TARGET MARKET CAP BUY IN AT 350 BILLION - 400 BILLION ENJOY and good luck!
CRYPTOCAP:TOTAL
by CryptoToTheFuture
3
SPY Weekly 01/13/2023 Testing TrendOn this Weeklty SPY ETF chart (SP500 Proxy), we see the upper trendline on the bear trend (yes i made it green sorry) is being tested and spiking it again. This has repeatedly resulted in a rejection. CPI came in sorta inline which gave a little boost this week, but bank earnings disappointed when you look in the line items of the reports. This is an inflection point for markets. PE dont support these levels, so I am in the bear camp and do expect to see low 3200-3300 SPX by middle to end of 2023. I have to add that I do find the fact this last rally started before retracing to lower trend, and now looking like a cup (maybe building a C&H?), we need to watch that as well.
AMEX:SPY
by Markets-Sniper
2
Some TA and Fundamentals to keep in mind for DIP buyers Hello all. Today we'll be looking at some of the things i am concerned about trading the current bitcoin price action. I have written most of my thoughts in the charts. Some other things you should keep in mind are - Bitcoin dominance has acted very suspicious since the dump to 20k its not giving me confidence. Ether dominance has gone up significantly and has gained significant market share. The flippening could happen - so thats a thing y'all should keep in mind. Short term price action on bitcoin is absolutely brutal - There are no easy levels to trade here other than 18k and 24k. It's a big range choppy price action , and i think macro is playing bit of a role in the current btc dump. Over all if you are bitcoin believer know how to manage your risk - We all know how brutal bitcoin dumps can be. All the best guys - my trade idea on how to DCA for this is written in chart. The bitcoin halving is 625 days away! That's a long time and a lot of stuff can happen during this time!
by one-two
2
btc next move. trend line support and breakout.BTC is moving with a nice momentum candle for days and by far we have an uptrend as you see in the chart. the trend line supports the uptrend and it also follows the rules of the trend line. next, will it break? before breaking you can see the red box, it is an order block (supply zone). so we will touch the red box and then push it downward. the red box drawn is not perfect because it is small and was hard to include in the picture so I made it a little bit bigger. and the order block is in a higher time frame. so we will touch the supply zone and push it down. when push down we will have enough force to break the trend line and we will take another long in 1 h order block from down.
Short
by rufaidem
2