Ethereum : Buy Opportunity or DROP?Hello Traders, here is the full analysis for this cryptocurrency let me know in the comment section below if you have any questions, I'm expecting a impulsive momentum but it can or cannot be a new high. the zone of supply is the target and we will see how it react , we can make a new low or break and continue. One thing is sure is that story repeats itself.
the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Etherum
LITECOIN ANALYSISLTCUSD rebounded from uptrend line and key level around 172
price above SMA 100
MACD shows weakness of bearish momentum
RSI above 50
price rejected from downtrend line
if price break downtrend line and resistance level 1 around 180 it will confirm bullish movement to resistance level 2 around 196
ETHUSD 13/06/2021 - WEEKLY FORECAST TF 4HHello Traders!
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the eye signs.
Heart in the box - a place to take profits
Eye sign - spot to jump in, or watch
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool.
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ETH to dip along with BTC in coming daysDue to BTC fall even Altcoins are facing hard time moving up.
Going by the chart, looks like we heading for another fall soon (hopefully last major DIP)
On the chart, ETH have already touched point A & B and it heading for point C which is falling between 1600-1700 zone.
This would be a perfect buying opportunity for the long term traders.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
BTC might CORRECT again!Looking at the structure, there seems to be developing a similar pattern, it was cleaner the second time and it could happen in a similar manner. But this is good guys I am excited if it happens, as we can buy more at the bottom, and make trade to the downside as well. What are your thoughts on if we just keep pumping here or we see another weakness in the next few days?
[60%] ETH / USDTIn December 2020, Ethereum began its transition from Proof-Of-Work consensus to Proof-of-Stake consensus. One of the recognized advantages of this validation is that it uses less energy; this should thus allow the world's second largest cryptocurrency to drastically reduce its carbon footprint and thus prevent it from being singled out for this aspect.
Strong support= good buying opportunities Major price rejection around 0.45-0.5 area. Chart consolidating on 30 minute time frame, signs of trend reversal. This week could be a green week for verge.