ETH at the crossroads❌Ethereum just dropped to strong support level 2780-2650. It's confluence of trendlines and market structure. Let's see if it holds. If not another support is 2050-1950.
ETHBTC also at long-term uptrendline support.
I rather expect bounce than breakdown.
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Etherum
ETHUSD DAILY CHART ANALYSISLook at the chart and remember the TRENDLINE color. If ETHUSD goes up it will face RESISTANCE at the BLUE color TRENDLINE that is the at the price of 3170. If it falls from the BLUE TRENDLINE then it will fall till the RED TRENDLINE, because there is the SUPPORT(2735). If it breaks the RED TRENDLINE it will then take SUPPORT on the GREEN TRENDLINE that is (2365).
BTC , Bullish Senario !Bitcoin
This scenario can be considered as one of the rising scenarios of Bitcoin!
A few months ago, in the last fall, Bitcoin was in a bearish channel almost like now, and after breaking it, a new rally started!
Will it be the same this time?
Or this breaking will be a fake failure!
📊 #BTCUSD ( BTC )
💹 Time Frame : Daily (Update)
👤 Saeid.Mahbob
📅 02.06.2022
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BINANCE:BTCUSDT
BTCUSDT (BITCOIN) 1D TA : broken trendBitcoin is broken in the daily time frame of the trend. Currently, if this line breaks, the uptrend will start, but otherwise we will see a continuation of the downtrend.
Support and resistance are identified
⚠️ This Analysis will be updated
⚠️ DYOR
@AtonicShark
ETH: Potential Bottom and Next Bull RUNHello traders, here's my point of view about ETHERUM As you can see we are in a panic situation with a massive drop
Next potential area is the demand level around 2k :
Good thing about this drop is the fact that :
Ethereum Fees Are Down
Ethereum fees are down over the past week. It correlates to a 35% drop in fee rates, however, the blockchain remains one of the highest in terms of fees. If you are planning to do smart moves do it right now for example buying NFT ETC..
A potential bull Run can happen near the 2k mark if price hold the level
Trade confident a manage your risk properly
this is not a financial advise , it's just my point of view and should be taken as an educational purpose
COIN "BASED"With recent strength in Bitcoin and buzz about the "Crypto" space the coinbase app seem to be one of the top places to buy, sell, trade, and invest in the cryptocurrency. They also are looking into derivatives trading soon.
On the technical side we have seemed the have bottomed in upward trend and the consolidation looks pretty good for a bounce in the near future.
I have added a few shares to the portfolio
ETHUSDT Technical Analysis💎 ETHUSDT on H2 has been moving in the ascending channel . After the rejection from the support zone it is expected that it continues to go to the next resistance.
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 4077.73 - 4016.62
☕️ TP1 4137.59
🍺 TP2 4239.86
🍻 TP3 4352.11
🍾 TP4 4500.00
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 4005.39 - 3945.53
Good Luck 🎲
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Bitcoin Dominance getting weaker. Alts season coming?As a continuation to my last post, I expected a downtrend continuation of bitcoin dominance looking for 36% and 30% levels. At the moment it's about at 40% floor and aiming to break it. Looking at the green fibonacci circle critical level, it has been already broken and also moving averages are starting to break.
Currently we can see already stronger uptrends such as ETH and some other altcoins, which is traduced in money flowing out of bitcoin and going into alts. Could this trigger a strong uptrend for altcoins in the following weeks?
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What next for BITCOIN ?It's simple just follow what the charts tell, Black Friday dump hit hard on entire crypto market, but one thing to be noticed among top cryptocurrencies bitcoin recovered first i mean not entirely but some what it recovered good percentage when compared to other crypto coins.
Now the question is what next for bitcoin?? will it keep going upwards?? or still there is a correction ??
Currently BTC is trading at $54120 against USDT, and around $53600 is the key level to be look into it's holding strong but if it breaks down then we may see big fall and i too don't want that but if Bitcoin breaks above $58400 it will fly high.
And I can't strongly say the move Bitcoin is going to take 'cause i need few more confirmations in both sides and I will get you updated once i get them stay connected.
Etherum USD- following channel in my opinion there currenty are three diffrent scenarios that will decide the next major price targets for etherum depending on how etherum will react if we are to hit the key 4000 USD level this is because we alot of support at this level. we have a key fibonacci level as well as large levels of previous resistance and support level and therefore we could see this act as a massive support. And if we are to break below this level then we could see a larger dump as people will have their stop losses and liquidation prices just below 4000 usd this could cause great liquidation in the market. but if we are to accept this 4000 usd level as support we will see a bounce to the upside and possibly go up above the recent high of 4400 which will cause shorts to get liquidated. if we dont break above this level though we could keep seeing etherum stay inbetween these key support and resistance levels of 4000-4400 USD.
IS ETHEREUM WORTH BUYING ANYMORE ??TECHNICALS
I believe so as some exciting bullish signs are in confluence at the moment!
and here is why! during the bearish movement, price has created a beautiful bullish flag pattern along with the price has come to a support zone and touching the supporting trendline a more than good enough reason to make all this market bullish sentiment
FUNDAMENTALS TO LOOK OUT FOR
N/A FOR THE TIME BEING
Happy trading, LUNGU FX
Ethereum : 5 k next zone? 🚀Hello traders , here's my point of view about ETHERUM. I'm still bullish and I believe there is potential to reach 5k USD. however anything can happen in that way if price break the demand level from below then that is going to indicate a reversal momentum. #STILLBULLISH let me know what is your point of view about it in the comment section
Crypto Ethereum ETH/USD (Buy On Rumors. Sell On News)View On Ethereum ETH/USD (22 Oct 2021)
ETH just met strong resistant of $4,400 and it happens to be a Double Top with the double D.
We might see some pull back next.
It will be fair to say $3,800 region shall be next.
Let's see.
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LCXETH LCX + 60% is this Swiss Startup about TO EXPLODE ????150 M Market Cap project grounded in Switzerland and Lichtenstein.
Great Team, top partners, and best know-how.
The chart looks great. I am not selling my LCX.
ROBOTRADER ETH BUY OVERSOLD AT 3900, Last chance???Buy ETH as Wall Street is shorting the futures to scoop up physical off crypto exchanges. Investory is crashing, ETH will be $10K and people will wonder why...
Top next day opicks in order of preference:
ETH - oversold at support, accumulation by banksters who monkey with shorting futures to buy physical
BTC, anticipating break out back $59-65 violent, everyone eager to buy the dip. The Pullback was it. This is crypto, it's the value of the dollar that's crashing!
DOGE - Don't bet against Elon Musk. Takes 10% of SpaceX and backs DOGE with it. It could happen!
SHIB - Mega pump - you need 10% of this one but it;'s toppy here at 6000, of crypto turns bearish, SHIB Futures will pop up at the CME for a nice short session with the wolves.