$PHB Soon BREAKOUT and FLIP LEVEL #PHB Massive Falling Wedge making here!
Can breakout above 0.60$ for a MASSIVE BULLISH IMPULSE WAVE! 📈
The On-Balance Volume (OBV) is reaching new highs, indicating strong buying pressure.
Since June, it has maintained an upward trend.
A close above 0.56 would serve as confirmation for further upside potential.
Ethsignals
$PYR Performed Bullish Symmetrical BREAKOUT DONEWhat is a Symmetrical Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle.
KEY TAKEAWAYS
Symmetrical triangles occur when a security's price is consolidating in a way that generates two converging trend lines with similar slopes.
The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point.
Many traders use symmetrical triangles in conjunction with other forms of technical analysis that act as a confirmation.
ETH 🌧️ 24 Hrs Ahead; ☀️ Back Next Week Rainy and cloudy weather 🌧️ is ahead for the global crypto market over the next 24 hours due to SEC's ETF delay.
But a slightly bullish sun will shine on Ethereum and Bitcoin over a one-week horizon ☀️, while smaller altcoins like XRP, Binance, and Cardano face cloudier conditions, signaling a bearish trend with downside risk. 📉
Follow us for more crypto weather reports! ☀️
#ETH - thoughts out loud №1Good evening from Ukraine!
Dear colleagues, I am sincerely pleased to welcome you, thank you for reading my vision of the current situation.
To put it briefly, we need to shake things up in order to continue moving upward. And no one is interested in this, because professional market operators do not even know about your existence.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
- thoughts out loud
- thoughts out loud
- thoughts out loud
BINANCE:ETHUSDT
ETH 🌧️ Ahead; Bearish Trend, Then Rebound? Prepare for rain and clouds 🌧️ in the global crypto market over the next 24 hours, pointing to a bearish trend and risks for Bitcoin.
Yet, according to ATTMO, within three days, 🌤️ the crypto sky could brighten, potentially lifting Bitcoin to new heights.
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$OGN Performing Falling wedge in 4h Breakout doneNYSE:OGN Performing Falling wedge in 4h Breakout done
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.
If you want to go for more pips, you can lock in some profits at the target by closing down a portion of your position, then letting the rest of your position ride.
$FLOKI performing Descending $FLOKI performing Descending Triangle in 1d Yes I am interested to buy here
What Is a Descending Triangle Chart Pattern?
A descending triangle is a powerful technical analysis pattern with a predictive accuracy of 87%. The pattern is flexible and can break out up or down, and is a continuation or a reversal pattern.
A descending triangle has one declining trendline that connects a series of lower highs and a second horizontal trendline that connects a series of lows. A descending triangle can be bearish or bullish or a reversal or continuation pattern, depending on the direction of the price breakout.
A descending triangle occurring during a price uptrend, with a price breakout above the resistance line, is considered a bullish continuation pattern. (See chart below)
Conversely, a descending triangle occurring during a price downtrend, with the price breaking out above the resistance line, is considered a reversal pattern.
KEY POINTS
The descending triangle has a horizontal support line and a declining slope resistance line.
If the price breaks out of the triangle in the direction of the previous trend, it is a continuation pattern.
If the price breaks out of the triangle in the opposite direction of the previous trend, it is a reversal pattern.
ETH - Reversal Coming, Sunny Trading Conditions Ahead ☀️Ethereum is facing sun ☀️, signaling a reversal from the current levels and slightly bullish market with upside potential in the next 24 hours, according to ATTMO, an AI-powered crypto weather forecasting tool.
Ethereum is set for a week of predominantly sunny ☀️ trading conditions, with occasional clouds ☁️, hinting at a potential mildly bullish market sentiment.
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ETH ☀️ Ahead; What's In Store for BTC? Sun with some scattered clouds lies ahead for the global crypto market 🌤️ , including Ethereum and Bitcoin. This means that a slightly bullish market with upside potential is likely in the next 24 hours and over a one-week horizon. 🚀📈
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ETH is Bullish. Where will the price go? ShowedDivergence on the RSI indicator. The histogram changed its cycle to bullish, we left the oversold zone, and the volume indicator shows the pressure of buyers.
There is a possibility of a squeeze with the update of the loy and the same rapid upward price movement.
Not financial advice.
☁️ Clouds ahead for Bitcoin?☁️ Clouds lie ahead for Bitcoin and ☀️ sun for Ether in the next 24 hours, according to ATTMO. This implies a mixed trend with a downside risk for the largest world’s cryptocurrency Bitcoin and upside potential for Ether.
Over a one-week horizon, the crypto summer should return with upside potential across the board in the cryptosphere. Ripple’s XRP will buck this positive trend following a stellar performance over the past week. ☀️
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XRP Basks in the Sun ☀️ XRP, LTC, ADA Brace for Rain 🌧️? Cloudy weather with some sun lies ahead for the overall global crypto market in the next 24 hours. This translates into a slightly bearish market with downside risk. However, Ether trades in sunnier conditions, indicating potential upside. ☀️
Over a one-week horizon, the forecast is mixed with sunny trading conditions ☀️ for both major cryptocurrencies – Bitcoin and Ether, as well as Binance. Other altcoins such as XRP, Litecoin, and Cardano face 🌧️ rainy if not stormy trading conditions, signaling a bear market with a possible downward trend.
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Crypto Weather Report: ⛈️&☁️ - Will the ☀️ Return In One Week? Rain and clouds loom over the global crypto market in the next 24 hours ⛈️, with a downside risk on the horizon. But fret not! 🌟 After a rally fueled by a landmark US ruling, a trend reversal is expected.
The crypto summer will return in three days shining brighter than ever! 🌞 ATTMO's forecast predicts sun for Bitcoin, Ether, XRP, and Binance over the one-week horizon. 🚀 This signals a slightly bullish market with potential for upside gains.
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Ethereum -> Now Breaking The $2000 LevelHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Ethereum 💪
If we are looking at the macro view on the monthly timeframe you can see that Ethereum perfectly retested the 0.768 fibonacci level in confluence with the previous cycle high so there is a chance that from here we will start the next crypto bullrun.
Looking at the weekly timeframe you can see that Ethrereum is slowly channeling higher and in confluence with the bullish moving averages I simply do expect more bullish pressure.
Exactly 3 days ago Ethereum perfectly broke daily resistance towards the upside which is now of course turned support so with the current retest of the $1940 level we could see another rejection higher.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
#ETH - thoughts out loud №3Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
I expect the price to rise to 2000, and then we'll see.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud