The key is whether it can rise above 2674.15
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(ETHUSDT 1M chart)
The key is whether it can receive support near the important support and resistance area of 2513.01-2706.15 and rise above the M-Signal indicator on the 1M chart.
If it fails to rise, you need to stop trading and check the situation.
The reason is that there is a high possibility of further decline.
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(1W chart)
In order to turn into an uptrend, it is expected that the price will have to rise above 2706.15 at least to maintain it.
The reason is that the M-Signal indicators on the 1W and 1M charts are likely to cross near that point.
If it falls below 2316.10, it is likely to fall until it meets the HA-Low indicator.
Since the HA-Low indicator is likely to be newly created as the price falls, it is important to see if there is support near it if it is newly created.
The HA-Low indicator is currently formed at 1340.12.
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(1D chart)
The key is whether it can find support near 2316.10-2513.01 and rise above 2674.15.
If it fails to rise, it is likely to show a step-down trend.
Since it has currently fallen below the M-Signal indicator of the 1M chart, it can be seen as a downward trend from a long-term perspective.
However, since the transaction with the M-Signal indicator of the 1M chart is not far away, it is thought that it is likely to rise.
Therefore, the HA-Low indicator point of 2674.15 is likely to be the high point of the rebound.
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Basically, the time when we can trade is when the price rises above the M-Signal indicator of the 1D chart and maintains the price.
And, when the M-Signal indicators of the 1W and 1M charts are aligned.
Otherwise, the transaction must be short and quick.
When the downtrend begins during spot trading, it becomes busy.
The reason is that we need to increase the holding quantity.
There are two ways to increase the number of holdings: investing a lot of money to buy, and increasing the number of coins (tokens) corresponding to the profit.
If you have a lot of cash or about 20% of the total investment, you can use the method of buying when the M-Signal indicator on the 1D chart rises above the level and making a profit.
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If you have little or no cash, you will eventually have to sell the coins (tokens) you currently have and buy them again to increase the number of holdings.
In other words, when there is a rebound, you should sell part of the purchase principal, and when there is a decline, you should buy back the amount you sold.
The ultimate goal of this method is to recover all of the purchase principal and hold the remaining number of coins (tokens).
I think there is no better way for long-term investment.
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Thank you for reading to the end.
I hope you have a successful transaction.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
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(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
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No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Ethereum (Cryptocurrency)
Bull Market Started. GO UP ETHThe 2300 region that I have been waiting for a long time has finally come again. While BTC is falling, ETH is now looking stronger. A nice bottom structure has formed in ETHBTC. I think the bull market has started and the rise is coming from here. I am adding to my ETH contracts by the end of April.
LTC Litecoin Could Do One More Round Of Bouncing Within WedgeThis is a possible scenario here. This is in line format not candles so wicks could be lower than than this. Lines remove all the wicks and are just on an open and close basis, kind of cleaning up the noise. This is not guaranteed to happen but it is a possible scenario before we break out again around the end of March. I'll post below a candle chart as well so you can see those levels. As long as we stay within this wedge on a closing basis and within the channel on the candle format then we should be fine. If we break down below the wedge or channel and close below it then thats not going to be very good. I don't see this happening thats just worst case scenario.
Follow me for more updates. Not financial advice. Thank you
BTC/USD: From $95K Surge to Critical $89K Support – What’s Next?Bitcoin's 6-hour chart shows that after our last analysis, the price successfully rallied from $95,000, reaching all three targets: $96,200, $97,600, and $101,700, yielding over 8% return.
Today, Bitcoin finally broke the $90,000 support after holding for several days, dropping to $86,000 before recovering to the $89,000 range. If the price stabilizes above $89,000 in the next two days, we could expect an upward move towards the next targets at $90,800, $93,800, and $98,000.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Ethereum Near Key Support: Ready to Bounce to 2,900?COINBASE:ETHUSD is approaching a significant support level, marked by historical price reactions and strong buying interest. This area has consistently acted as a key demand zone, signaling the potential for a bullish reversal if buyers regain control.
If the price confirms a rejection within this demand zone, I anticipate an upward move toward the 2,900 level, which aligns with a key resistance area and a logical retracement point. The confluence of the demand zone, volume profile support, and long-term trendline strengthens the case for a bullish bounce.
Traders should monitor for bullish confirmation signals, such as bullish candlestick patterns, higher lows, or increasing volume near the demand zone, to validate potential long positions.
Bitcoin is at the crucial stage BINANCE:BTCUSDT (1D CHART) Technical Analysis Update
Bitcoin is currently trading inside the triangle on 1H chart and price is heading towards the support zone. Its crucial that bitcoin holds the support zone around 91K.
if price breaks below 91K then we are headed for a bearish trend. If price holds above 91K then we can expect the current bullish trend to continue.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
BTCUSD Theres No Way We Can Hit 1 Million Dollar Bitcoin, Right?I think that Bitcoin is on its way to some serious numbers. Numbers that most think are impossible. So many think that this cycle has to be like previous cycles. Oh its 840 days in the last cycle from bottom to top, or 4 year cycles etc. Its all bogus, this time is different regardless of what you think. Bitcoin is being locked in the ETF now and soon to be reserves of states, countries, city states you name the whole world is going to hoard Bitcoin. There is no more sloshing of capital like you're used to to created an altcoin season. There is no more Bitcoin dominance dropping, like you're used. It is simply different and thats the facts jack. Everyone selling now is going to regret it.
I believe that Bitcoin from 2009 to the end of 2023 was one giant cycle. We are at the beginning of a new cycle for Bitcoin. If you think the last one was fun, just wait till you see this one. Ill paste a picture of what I mean below so you can understand what Im saying.
People calling Michael Saylor stupid, saying hes buying the top, like they are smarter than him, or Blackrock, any other hedge fund, or countries, or US states. Everyone who thinks that is they are smarter than these people are going to have a rude awakening.
1 Million is just the beginning. Over the next 10 years Bitcoin is going to go to numbers that no one can even fathom. Not even the dreamiest of Bulls. I bet Bitcoin could hit 30-50 million dollars over the next 10 years. Why do I say that?
The world, especially the United States is about to go into a massive productivity boom over the next 10 years, cheap energy, increased efficiency in all sectors, AI expansion, new inventions, and massive wealth transfers from the baby boom generation. Trump saying that America is entering a Golden Age is absolutely correct. We are going to witness the most epic bull run in history from now to about 2035. Sure there will be corrections and crashes along the way, but itll just be a higher low and then off to the races again.
The baby boom generation is sitting on 78 TRILLION DOLLARS of wealth currently. As baby boomers retire or pass away, their wealth will likely be passed on to their children and grandchildren. This transfer of wealth will help future generations buy homes, pay off student debt, make other purchases, and invest. This will benefit Bitcoin tremendously because now theres barely anyone under 50 investing in Gold or Silver anymore, that stuff is stone age currecny. We are entering a digital AI age, we're not moving backwards. The gold for the new digital golden age is Bitcoin. So much money and capital will flow into Bitcoin and other crypto assets, stock market etc. That is why the smart are loading up!
Its going to be beautiful, so just have a seat, buckle up its going to be wild. None of this is financial advice this is just my opinion.
Did the Bybit Hack Fuel Ethereum’s Rally? Ethereum has been holding strong while Bitcoin wavers. Despite BTC slipping below $96,000, ETH has managed to stay above $2,700, showing resilience against broader market weakness. But with volatility rising and a massive $1.5 billion Bybit hack, questions arise: Was Ethereum’s price surge an artificial move, and is a reversal ahead?
A Short-Term Rally or the Start of a Major Move?
Ethereum’s price made a strong attempt at $2,900 but failed to hold, leading to a drop back below $2,700. The key ascending trendline, which has acted as support for five months, is now being tested.
Bearish Signs Emerging?
The CMF (Chaikin Money Flow) dipped below 0, signaling weakening buying pressure.
DMI indicators deviated, failing to confirm a bullish breakout.
A bearish candle formed after rejection at $2,900, hinting at possible further downside.
Critical Levels to Watch
📌 If ETH holds above $2,650, a rebound toward $2,772 resistance could be in play.
📌 If ETH fails to defend the trendline, support at $2,567-$2,541 could come into focus.
Ethereum’s fate will depend on whether buyers step in to defend support or if bearish momentum takes control. For now, the bullish narrative isn’t over, but signs of fading momentum are hard to ignore.
ETHUSD Will Go Higher! Buy!
Here is our detailed technical review for ETHUSD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2,680.76.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2,828.54 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
Ethereum: Testing Resistance Before Pulling Back to Key Support hello guys!
let's analyze eth
Looking at the chart, there are two main levels to focus on for the next potential moves.
Price Action to the Gray Area:
Ethereum is likely the first to approach the gray resistance zone between $2,754.35 and $2,783.26. This zone is an important area to watch because it has acted as resistance in the past. Given that the price has been trending upward, it seems likely that the price will test this level before any major retracement.
The price might reach slightly above the gray zone, tapping $2,783.26, but it’s unlikely to break above it immediately unless there’s a strong catalyst driving the market further.
Price Pullback to the Blue Support Zone:
After testing the gray resistance area (and possibly slightly exceeding it), Ethereum will likely face a pullback. The blue support region, starting around $2,669.90, is a key level that could provide strong buying interest.
The price will likely retrace toward the blue region after encountering resistance at the gray zone. This could be a perfect setup for buyers to re-enter at lower levels, potentially leading to a bounce from the blue support area.
Conclusion:
The most probable scenario is that Ethereum will first test the gray resistance zone around $2,754.35 to $2,783.26, and then, after facing some resistance, it will pull back to the blue support zone around $2,669.90. This is a common pattern where the market hits a resistance zone and then corrects to a key support level before deciding on the next move.
Keep an eye on the price action around the gray area; if it doesn’t break above, the price should reach the blue support soon after.
24/02/25 Weekly outlookLast weeks high: $99,474.13
Last weeks low: $93,399.17
Midpoint: $96,436.65
Fear & Greed Index: 49
Despite dull price action there is never a dull moment in crypto... BYBIT exchange was the victim of the largest crypto hack in history with $1.4B worth of ETH being stolen.
How does this event relate to price? On the grand scheme of things not much, which is surprising but what this sell-off does in terms of structure could be much more harmful IMO. Just as ETH broke through a key S/R level of $2780 the hack occurred sending ETH back under that level and a market sell off due to fear and risking-off. Had Ethereum accepted above that key level structurally the setup looked primed for a move to $3200. Not only that but BTC has broken above weekly high and looked to flip the 4H 200 EMA. These levels are so important to both coins and the timing of the hack cannot be understated.
Looking at this weeks chart we find ourselves in the same spot for the 3rd week in a row, $96,000 has been the starting point and midpoint emphasizing the choppy nature of the market and compression of price. The question is which way will BTC expand once this trend breaks, to the upside or to the downside?
#ETH/USDT#ETH
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 2660
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2694
First target 2735
Second target 2773
Third target 2828
#ETH/USDT#ETH
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 2660
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2694
First target 2735
Second target 2773
Third target 2828
Ethereum (ETH): Strong Selling Pressure / Watch Out!Ethereum is not looking good on smaller timeframes where the current daily candle is in the hands of sellers and they are not showing any remorse.
Despite us still looking for upward movement before another smaller correction, if we see any early drops toward our sell entry and a stop loss, then we will be looking for a possible movement towards the $2000.
Swallow Team
Ethereum (ETH): Still Holds Bullish Trend Line!We had some choppy moves on Ethereum recently thanks to the Bybit hack.
Nevertheless, that dip got bought up very quickly and buyers are still maintaining the local support zone, which is a very strong one, as we have talked previously. Combined with EMAs sitting at that area, this is a good buying zone for sure.
Now the current weekly candle is showing some weakness but we are not going to judge yet as it is just the start of the week!!
P.S. As long as we are above EMAs, we are good for long!
Swallow Team
Ethereum. Resistance, Resilience, and the Road AheadFirst resistance for Ethereum 3000$! This is the beginning of a great journey, the key level for the near future is to overcome 3k. A large number of people have been liquidated and capitulated. I hear more and more often that Ethereum is dead and people are disappointed in it. Except that of all the top assets Ethereum is the only one that hasn't been played by a market maker and there is a lot of liquidity flowing into it. The imminent adoption of staking ETFs only sets the stage for a good future.
Horban Brothers.