US consumer price index (CPI) remains sticky: CPI data released on Thursday did not show a further cooling in inflation in the US economy, further muddying the Fed’s decision making on the future interest rate path. Federal Reserve unable to reach a firm decision on interest rate hikes: Minutes from the Fed’s last meeting show wavering opinions on interest...
The ETHBTC pair is trading within a Channel Down pattern on the 1W time-frame, with the 1W MA50 (blue trend-line) its key Resistance basically since the March 2023 sell-off. What's new though is that after this week's bearishness, it is approaching the 1W MA200 fast. This coincides with the ETH's previous Bear Cycle bottom. That could be the test level before the...
- thoughts out loud - thoughts out loud - thoughts out loud
Ether is going to have a triple halving and many people forget just how bullish this is for the ecosystem as a whole. The SEC has given ETH many free passes and if theyre able to escape regulation, then it will result in massive price appreciation. ETH topped out at nearly $5000 per share and with more adoption from retail, ETH should see new levels of over 5...
Hi everyone! I want to share my vision on ETHBTC chart. It can be doubts how to mark a global chart from the of Ethereum existance, but it is no doubts how to mark it from the middle of 2022. Market made clear 5 impulse and I assume it as A wave Then market was completing a complex correction as a wave B ( I can mark it either a descending triangle or WXYXZ...
$VARA with a nice bounce off the 55man in the 30min chart.
In the Ethereum (ETH) market, exciting movements could be on the horizon, offering potential scenarios that traders and investors should consider. Scenario 1: Break and Potential Rally If Ethereum breaks its current trend line and surpasses a resistance level, closing above it and confirming it as a new support, we might witness a rally toward the $2,000 levels....
Well, the price moved upward after collecting liquidity below 25160. Now, the price is in a supply zone that can push the price down, but in my perspective price can go higher at first to collect liquidity above the previous high and then to a bearish order block. 💡Wait for the update! 🗓20/09/2023 🔎 DYOR 💌It is my honor to share your comments with me💌
EOS needs to break 2$ to get on a mini-bullrun to all-time highs and beyond, with main support at 4-5$. Otherwise - when rejected - this project will go down forever.
This is the local weekly distribution and the 123 setup I mentioned in my last post
I pulled the fractal from the 2019 bear market and flipped it. It seems as though we are currently in a macro accumulation phase, where we just formed the Sign of Strength in Phase B by taking out the highs from the Automatic Rally. On a smaller time frame, this entire channel upwards has been a re-distribution forming. You can see a daily bearish divergence...
This is a 1D frame analysis for ETHBTC The current price was unable to sustain according to previous analysis and the price had more pullback after hitting the support line. However, the price is now close to the 4-hour support zone and we expect the price to move towards the next resistance line after hitting the support line and stabilizing above it. But keep in...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ DOGE goes against the market, why? Elon Musk will send a coin into space? There are speculations that Elon Musk is again “guilty” of everything. Elon is again innovating on twitter, he changed the familiar "blue bird" twitter logo to "X" and...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Friends, I will update the ETH idea a bit: So far, everything is going according to plan, after tightening the lower border of the channel, the price was able to break through the support and the walls of the orders that the market maker...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Opened ETH scalp for 10% of the deposit with a short stop-loss. One of the on-chain indicators shows that the market maker has set strong resistance in the form of walls of orders in the current range. BUT! Bitcoin is still being held as it...
I have posted countless posts about Bitcoin, shared educational content many steps of the way. To understand the logic and trade your next big opportunity, you need to have a good feel as to where it has been. More importantly, why it has been there. So, let's start off with the why. I am one of the lucky ones, I first got introduced to Bitcoin in 2011 - just...
BYBIT:BTCUSDT.P Goodmorning people its currently 11:29am here in AUS on a fine Saturday and I've just been looking through all the charts and other things and couldn't help but notice that all Thursday's gains on BTC got eaten up. But for a trader like me we are on the way to our next support SO what to do now? what you need to do now is use your patience and...
BYBIT:GPTUSDT.P I absolutely love seeing candles, pressure, and shapes like this... to me (NOT CERTAIN) this is a nice crater on the lower timeframe to start a brand-new bottom. Now! I obviously done my research heavily! I had tons of other ideas to pick from but today this chart is most clean on that 15M timeframe. so, I picked this up off of a reaction of a...