Ethlong
ETHEREUM: $2K POSSIBLE!!!Hello Traders,
Let's dive into an Ethereum update in a 2-day timeframe.
Ethereum has been on a remarkable upward trajectory for the past 20 days, and we're yet to see any significant correction in the market. While we've all been anticipating a healthy correction, it appears that ETH still has some momentum left to potentially reach the $2,000 mark. Looking at the chart, it's evident that Ethereum has broken above the resistance trendline, setting the stage for a potential move to $2,000, where we encounter robust resistance. In the event of a correction from this point after reaching $2,000, I anticipate ETH could retrace to the support range of $1,750 to $1,800.
Key Takeaways:
1. The $2,000 mark may be on the horizon if the bullish trend continues.
2. We're still awaiting a market correction.
3. Expect potential support around $1,750 to $1,800.
That wraps up this update. I trust you've found this information valuable. This video is for educational purpose only, do not consider this as financial advice. Please show your support by liking, sharing, and subscribing.
Thank you for your time, and happy trading!
$ETH LONG. Bossco Algo caught every $ETH bullrun.
BINANCE:ETHUSDT long entry has been in play. Bossco Algo caught every BINANCE:ETHUSDT bullrun.
Pity that TV took down my old post since it referenced an outside URL where entries are called in real time ...
Model Architecture:
• 1,000+ hours of quantitative research.
• 1,000+ machine hours of backtesting & forward testing.
• Based on pure price action, zero bias, zero emotions (see methods tested 👇)
• Long & Short, Execution on 4H timeframe
All methods tested:
Why share?
• It's my model, so I get the model signals first. I'll already be positioned in my longs, so I don't really care if you enter or not. Hedge fund PMs literally have dinners where they talk their own book after positioning.
• Signals are on a high timeframe on liquid assets, so you should be able to get in at the same price. You can't stop hunt me, because I don't post stop losses.
I will never give away the code or the techniques selected . No one gives away proprietary quant models that actually work. Please don't ask.
I don't plan on ever making signal access paid, since I want a public record of proof that the signals are real. I make my money through trading, not scam discords or courses.
Model output is for research purposes only. Not financial advice.
ETHUSD channel up inside channel downWe can see that ETH still in channel down for almost 6 mounth,
but we also have small channel up inside this pattern, and already reach channel up support.
How to enter the market in this situation?
We can take buy position with small target at channel up resistance or maximum target at channel down resistance around 1930
If channel up break down, we can enter long position at channel down support around 1500 with maximum target around 1900 at channel down resistance
Happy trading,
I will update this analysis if I found a new pattern
ETH ☀️ 24-Hour & 1-Week Outlook - We're Going Up? Mixed trading conditions on the global crypto market in the next 24 hours. 🌦️ Cloudy bearish trading conditions ☁️ lie ahead for Bitcoin, Ripple’s XRP, Cardano, and Binance Coin, while ☀️ sunny bullish conditions lie ahead for Ether, Litecoin, and Dogecoin.
Over a one-week horizon, the ☀️ sun will shine over the entire crypto sphere, indicating strong upside potential. Only Polkadot is set to face a ☁️ cloudy bearish trend, as ATTMO shows.
Follow us for more crypto weather reports!
Ethereum's Potential to Reach $2000 TargetEthereum has potential to reach the $2000 target. While it is important to approach such predictions with caution, there are several factors that suggest this milestone could be within reach. This idea aims to provide you with an overview of these factors and encourage you to consider a long position on Ethereum.
1. Market Momentum: Over the past few months, Ethereum has displayed remarkable resilience and has consistently demonstrated an upward trend. Despite occasional volatility, the overall market sentiment towards Ethereum remains positive. This consistent growth is a promising sign for traders who are looking to capitalize on potential long-term gains.
2. Institutional Adoption: Ethereum has gained significant traction among institutional investors, with major financial players showing a growing interest in this digital asset. The increased institutional adoption not only adds credibility to Ethereum but also paves the way for further growth and stability. This trend indicates that Ethereum's potential is being recognized by established financial institutions, which could potentially drive up its value.
3. DeFi and Smart Contracts: Ethereum's blockchain serves as the foundation for a multitude of decentralized applications (dApps) and smart contracts. The explosive growth of the decentralized finance (DeFi) sector has significantly increased the demand for Ethereum, as it remains the preferred platform for most DeFi protocols. As the DeFi space continues to expand and mature, Ethereum is likely to experience increased utility and demand, potentially driving its value higher.
Considering these factors, it is crucial to approach this potential opportunity with a cautious mindset. While Ethereum's growth has been impressive, the cryptocurrency market is inherently volatile, and past performance does not guarantee future results. It is essential to conduct thorough research, assess your risk tolerance, and consider consulting with a financial advisor before making any investment decisions.
If you are interested in exploring a long position on Ethereum, I encourage you to carefully analyze the market, monitor the latest news and developments, and consider setting stop-loss orders to mitigate potential risks. Additionally, staying updated with market trends and being prepared to adapt your strategy accordingly will be key to maximizing your chances of success.
As always, please remember that this idea is not financial advice, and you should conduct your own due diligence before making any investment decisions.
ETHLeading cryptocurrencies Bitcoin (BTC), Ethereum (ETH) and XRP are showing significant gains, according to data from CoinStats. Today, BTC was up 0.91%, trading at $35,171, with expectations of breaking the $35,612 resistance. If this level is surpassed, BTC is likely to reach $36,000 by the end of this week.
On the other hand, ETH outperformed other cryptocurrencies with a gain of 1.73% and is currently trading at $1,909. If ETH surpasses yesterday's peak, it is predicted to hit the critical $2,000 zone by mid-November.
ETHUSD 4H : Support further rise ETHUSD
New forecast
The price of Ethereum is fluctuating within the sideways path shown in the image, waiting for positive momentum that will contribute to pushing the price to resume the expected upward trend to stabilized above 1844 level , by breaching that level our targets will be activate ,and our next main target is at 1885 and extend to 1943.
Therefore the upward trend will be remain valid and effective and Moving average 50 continues to support the suggested bullish wave, which will remain in place unless the 1735 level is broken and holds below it.
The expect range trading for today will be between resistance line 1761 and support line 1844 until stabilized .
support line : 1761 , 1735 ,
resistance line : 1844 , 1885
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USD update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) dropped 2.8% to 1,785 during the past 24 hours, with 13.19 billion worth of ether changing hands over 24 hours. The RSI of 61.4 implies that ethereum has room to rise before overbought conditions materialize.
Meanwhile, the Stochastic level of 79.9 indicates the crypto asset is approaching overbought territory on the daily chart. The CCI reading of 51.4 reflects ether trading in the middle of its band. The 10-day SMA at 1,800 is close resistance, while the 50-day and 100-day SMAs at 1,656 and 1,693 denote some leftover bullish momentum.
Ethereum has witnessed a significant uptick in exchange inflows, reaching a five-month high with a surge of nearly 130,000 ether deposited into exchanges. Over the past fortnight, it has risen more than 10% and over the past month, over 8%. Ether recorded 13.19 billion in 24-hour trade volume on Friday.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
$REN near to Breakout Trading a descending broadening wedge pattern involves a systematic approach to identify potential entry and exit points. Here's a step-by-step guide on how to trade a descending broadening wedge:
**1. Identify the Descending Broadening Wedge:**
- First, you need to recognize the pattern on a price chart. Look for two converging trendlines with the upper trendline sloping down more gradually than the lower trendline. This pattern typically forms during a downtrend.
**2. Confirm the Pattern:**
- Confirm the descending broadening wedge by ensuring that the price touches both the upper and lower trendlines at least twice.
**3. Entry Point:**
- Trading the descending broadening wedge involves waiting for a breakout. You can choose to enter a trade when the price breaks above the upper trendline (bullish breakout) or below the lower trendline (bearish breakout).
- It's essential to wait for confirmation through a strong candle close outside the trendlines and, preferably, with increased trading volume.
**4. Set Stop-Loss and Take-Profit Levels:**
- Implement risk management by setting stop-loss and take-profit levels. A common approach is to place your stop-loss just below the lower trendline (for a bullish trade) or above the upper trendline (for a bearish trade).
- Take-profit levels can be determined by measuring the widest part of the wedge and projecting it in the direction of the breakout. This gives you a target price.
**5. Risk-Reward Ratio:**
- Ensure that your potential reward (profit) justifies the risk (loss) you're taking. A common rule of thumb is to aim for a risk-reward ratio of at least 1:2, meaning your potential profit should be at least twice the size of your potential loss.
**6. Monitor the Trade:**
- Once you enter the trade, monitor it closely. Pay attention to how the price behaves around your stop-loss and take-profit levels.
- Consider moving your stop-loss to break-even or trailing it as the price moves in your favor to protect your gains.
**7. Trade Management:**
- If the trade goes against you and the price reverses inside the wedge, consider exiting the trade to limit losses.
- If the price breaks out in your favor, let the trade run until it reaches your predetermined take-profit level or until you see signs of a trend reversal.
**8. Trade Psychology:**
- Stick to your trading plan and avoid emotional decisions. Market conditions can change rapidly, so it's essential to have a clear plan and discipline.
**9. Confirm the Trend Reversal:**
- Keep an eye on other technical and fundamental indicators to confirm the potential trend reversal suggested by the descending broadening wedge. Additional confirmation can improve the reliability of your trade.
Remember that trading involves risk, and not all pattern breakouts result in profitable trades. It's crucial to practice risk management and only trade patterns like the descending broadening wedge when you have a clear plan and confidence in your analysis. Additionally, consider using other technical and fundamental analysis tools in conjunction with pattern recognition to make informed trading decisions.
$iris started.. Breakout gonna huge NSE:IRIS Performing Falling wedge in 1D Keep eye on Breakout
Falling Wedge
The falling wedge can either be a reversal or continuation signal.
As a reversal signal, it is formed at a bottom of a downtrend, indicating that an uptrend would come next.
As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. Unlike the rising wedge, the falling wedge is a bullish chart pattern.
In this example, the falling wedge serves as a reversal signal. After a downtrend, the price made lower highs and lower lows.
Notice how the falling trend line connecting the highs is steeper than the trend line connecting the lows.
If we placed an entry order above that falling trend line connecting the pair’s highs, we would’ve been able to jump in on the strong uptrend and caught some pips!
A good upside target would be the height of the wedge formation.
[LONG] TokenFi's "Token" Cryptocurrency Tokenizing assetsFrom the makers of "Floki" cryptocurrency comes Tokenfi. Tokenizing assets on the blockchain. Currently Floki has a 335 Million dollar market cap. All that money can easily be transferred to Tokenfi's Token and that is what is currently happening. They are using that money to pump Tokenfi.
TokenFi's Token cryptocurrency (TOKEN) is a native token for the TokenFi platform, a crypto and asset tokenization platform that aims to capitalize on the trillion-dollar tokenization industry. TokenFi was launched on October 31, 2023.
TokenFi allows users to launch any cryptocurrency without writing code. Users can then raise funds from the Floki community, connect with exchanges and market makers for liquidity, and float tokens tied to real-world assets that are not deemed securities.
TOKEN is used for a variety of purposes on the TokenFi platform, including:
Paying for fees associated with launching and managing tokens
Staking to earn rewards and participate in governance
Voting on proposals related to the TokenFi platform
Accessing exclusive features and benefits
TOKEN is a relatively new cryptocurrency, but it has already gained some traction in the market. It is currently trading on several major exchanges, including Uniswap and PancakeSwap.
Raised over $500,000 in its initial launch
Staked by users to earn rewards and participate in governance
Used to vote on proposals related to the TokenFi platform
Provided access to exclusive features and benefits for holders
TokenFi's Token cryptocurrency has had a successful launch and is well-positioned to grow in popularity as the tokenization industry continues to develop.
Ethereum breakoutETH 1week breakout confirmed This is a long-term look at ETH with the downward trendline cutting through the toppy noise Price has closed outside this trendline indicating further upside We expect some volatility around the 2k level resistance with basically blue sky to 3.5k from this washout
ETH/USDT UPDATE !!Hello friends, welcome to this ETH update from Crypto Sanders.
Chart Analysis:- ethereum’s (ETH) price is coasting along at 1,796 per unit. ETH has witnessed a 24-hour range of 1,786 to 1,827 per ether. Ethereum’s volume is higher than BTC’s today with 10.56 billion traded over the last 24 hours. In terms of market dominance, ETH’s market valuation amounts to 16.4% of the 1.3 trillion crypto economy.
Ethereum presents a more tempered growth story, with a 3.9% increase in price over the past month. The oscillators, with an RSI of 67 and Stochastic of 76, do not indicate an extreme market condition, suggesting a more stable and neutral environment compared to Bitcoin. The moving averages, with an EMA of 1,771 and an SMA of 1,792, provide additional support for a positive outlook, though the growth is not as pronounced as that of Bitcoin.
The steadier price movement of Ethereum, coupled with the less extreme oscillator values, positions ETH as a potentially less volatile option in the current market. However, traders should still exercise caution and consider a range of indicators and market conditions before making trading decisions. The positive trend indicated by the moving averages is a promising sign, but it is crucial to remain vigilant and stay updated with market developments.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
$loka in 1D showing strong BUll DEVRelative Strength Index
The Relative Strength Index (RSI) is a momentum indicator that measures how fast and how much the currency pair’s price changes in a specific time period. It provides traders with overbought and oversold market conditions by providing values ranging from 0 to 100.
A bullish divergence can be identified with RSI when the currency pair price makes higher lows, and RSI makes lower lows.
A bearish divergence can be identified with RSI when the currency pair makes higher highs and RSI makes lower highs.
$SNT weekly Breakout DoneNASDAQ:SNT weekly Breakout Done
Trading cryptocurrency breakouts, especially weekly resistance breakouts, can be a profitable strategy, but it also carries a significant level of risk. Here's a step-by-step guide on how to trade a weekly resistance breakout:
1. **Understand the Basics**:
- Make sure you have a good understanding of technical analysis, as it will be a crucial tool for identifying resistance levels and confirming breakouts.
2. **Choose Your Cryptocurrency**:
- Select a cryptocurrency that you want to trade. It's best to focus on well-known coins with sufficient liquidity and trading volume, as they tend to exhibit more predictable price movements.
3. **Identify Resistance Levels**:
- Use technical analysis to identify the weekly resistance levels on the cryptocurrency's chart. These are price levels where the asset has historically struggled to move beyond.
4. **Confirm the Breakout**:
- Wait for a clear breakout above the weekly resistance level. This should ideally be accompanied by increased trading volume to confirm the strength of the breakout. Remember that false breakouts can happen, so confirmation is crucial.
5. **Set Entry and Stop-Loss Orders**:
- Determine your entry point, which should be just above the resistance level where the breakout occurred. Set a stop-loss order just below the breakout level to limit potential losses in case the trade doesn't go as planned.
6. **Risk Management**:
- Calculate your position size based on your risk tolerance. Never risk more than you can afford to lose. A common rule is not to risk more than 1-2% of your trading capital on a single trade.
7. **Take Profit Targets**:
- Consider setting multiple take-profit targets. This allows you to lock in profits as the price rises. Traders often use a combination of technical analysis and indicators to identify potential levels where the price may encounter resistance.
8. **Monitoring and Adjustments**:
- Continuously monitor the trade. If the price starts moving in your favor, consider trailing your stop-loss to lock in profits and reduce risk. If the trade goes against you, stick to your stop-loss and exit the trade.
9. **Emotional Discipline**:
- Keep your emotions in check. It's easy to get carried away with trading, especially when dealing with cryptocurrencies known for their price volatility. Stick to your trading plan and avoid impulsive decisions.
10. **Stay Informed**:
- Be aware of any news or events that could affect the cryptocurrency you're trading. Market sentiment can change rapidly based on news, regulatory developments, or market trends.
11. **Record and Analyze**:
- Keep a trading journal to record your trades, strategies, and results. This can help you learn from your successes and mistakes, improving your trading skills over time.
12. **Seek Professional Advice**:
- If you're new to trading or unsure of your skills, consider seeking advice from a financial advisor or trading mentor. They can provide guidance and help you develop a more solid trading strategy.
Remember that trading cryptocurrencies, like any other form of trading, carries risk. It's essential to do your own research, practice with a demo account if you're new, and only invest what you can afford to lose. Additionally, past performance is not indicative of future results, so always exercise caution and use good risk management practices.
ETH/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this ETH/USDT update from Crypto Sanders.
Chart Analysis:- Ethereum (ETH) Ethereum (ETH) continued to hover around the 1,800 level, despite a slight stint below this point during today’s session.
ETH/USD fell to a low of 1,784.95 earlier in the day, which came following a peak at 1,829.25 on Monday.
Bulls have since bought this earlier dip, pushing ethereum to a current reading around the 1,813.25 region.
it appears that the rally came as the RSI bounced from 68.00. It is now tracking at 71.65.
A ceiling at 75.00 now awaits traders and should strength move beyond this, ETH will likely move closer to 1,900.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
#ETHERIUM Trading Strategy!🚀 #ETHEREUM : A Closer Look 📊
Examining two exciting scenarios:
1️⃣ A retest of the Blue MA, potentially shaking out weak hands and paving the way for a push to $2000-$2130.
2️⃣ A successful breakout and retest of the Blue Flag.
In both cases, bullish sentiment prevails. The Blue MA has a strong track record in previous rallies.
Trading Actions:
For spot holders, HODL strong.
Futures traders, consider entering at $1710 for a long position with a target of $2000+ and a stop-loss below $1635.
#Altcoins may offer better risk-reward ratios thanks to ETH.
Remember to DYOR. This isn't financial advice.
Share your thoughts on ETH! 💬
#Crypto