BATUSDT IDEAUPDATE
Bat is ready for a good bullish wave in this move we can see price around 0.3200 soon
COIN DETAILS
The live price of Basic Attention Token is $ 0.264665 per (BAT / USD) with a current market cap of $ 394.46M USD. 24-hour trading volume is $ 51.70M USD. BAT to USD price is updated in real-time. Basic Attention Token is +6.7% in the last 24 hours with a circulating supply of 1.49B.
ETHUSDT
ETH/BTC Market Observation and ProjectionsETH/BTC chart indicates that we have some more ways to the downside in ETH BTC valuation. I will be accumulating under 0.045 level. We have a blood diamond on the weekly chart. If history repeat itself, it should take us down to the golden pocket zone below 0.045 level before gaining enough strength to go higher. This aligns with the BTC.D action in the near term as well. At CWL we like confluences that give us an idea around the ETH movement expectations. Not a financial advice. DYOR.
ETH/USDT 1H Short-Term ReviewI invite you to a quick preview of ETH to USDT on a one-hour interval. As you can see, the price remains above the local downtrend line.
After unfolding the Fib Retracement saitka, support is visible at the level of $2,782, while the level of $2,718 is still important.
Looking the other way, you can see an important resistance zone from $2,836 to $2,868.
The RSI indicator shows room for an upward price movement, while the STOCH indicator is again approaching the upper limit, which may limit increases.
Ethereum: HISTORICAL CYCLES 📈Regarding Ethereum's historical data: -
In the first cycle, after the all-time low (ATL),
CRYPTOCAP:ETH BITSTAMP:ETHUSD BINANCE:ETHUSDT
took 777 days to surpass its previous all-time high (ATH).
- If history repeats itself, a new ATH could potentially be reached around 700 days from today, possibly by July 2024.
- The last bull run lasted around 1071 days. - This time, it is expected to last between 1071 to 1064 days of a bull market.
First cycle: 777 days from ATL to surpass previous ATH.
- If history repeats, new ATH around July 2024 (700 days from now).
Last bull run: 1071 days long.
Expected current bull run: 1064–1071 days.
Based on fractal analysis and chart data, it is anticipated that Ethereum will reach its next bull market peak in May to June 2025.
#Crypto
ETH - Weekly second bullish legRecently, ETH has successfully consolidated above the critical resistance zone, which is now expected to serve as a robust support level for future price movements. This transition from resistance to support is a bullish indicator for market observers.
The technical structure shows a clear 'First leg' that has already paved the way for positive momentum. Following this, our analysis anticipates a 'Second leg' where the rally could potentially propel prices towards the $3700 mark. This price target is not just a number—it's a reflection of growing confidence among investors and a testament to the underlying strength of Ethereum in the crypto landscape.
Keep a close eye on this support zone, as it will likely be a key area of interest for both bulls and bears. A sustained position above this level could very well be the launchpad ETH needs to reach new heights. As always, stay tuned for more updates and insights as we track Ethereum's journey to $3700.
Ethereum: Key Levels to WatchThe daily chart for Ethereum shows a strong upward trend, highlighted by a consistent pattern of rising peaks and troughs.
We've introduced Fibonacci retracement levels from the 4-hour chart, which help short-term traders spot potential areas where the price may pause or reverse—these aren't as visible on the daily chart. Right now, Ethereum is approaching the 0.236 Fib level from the 4-hour chart, just above the current price of $2742, which may act as a barrier to further price increases.
ETH's price is close to the upper boundary of the Bollinger Bands, indicating that it might be reaching a point where the market considers it overvalued, which could lead to a price pullback or a stabilization period soon. This is also suggested by the RSI, currently just below the overbought line at 68.42. Despite this, the bullish trend appears to continue as shown by the MACD, where the main line is well above the signal line.
For traders looking to make the most of this trend, the key levels to monitor are the daily chart's SMA of 2658.91 and the lower Bollinger Band at 2106.31, which could present opportunities to buy during price drops.
Conversely, if the price stays above the current 0.236 Fib resistance level, it could climb higher. It's important to keep an eye on the trading volume for signs of the strength behind these price changes, especially over the weekend when the trading volume tends to decrease.
THETAUSDT IDEAUPDATE
Broken Falling Wedge in 1D time frame.
Successful retest can lead 30% Bullish wave.
COIN DETAILS
The live price of Theta Network is $ 1.132094 per (THETA / USD) with a current market cap of $ 1.13B USD. 24-hour trading volume is $ 23.66M USD. THETA to USD price is updated in real-time. Theta Network is +0.96% in the last 24 hours with a circulating supply of 1.00B.
HelenP. I Ethereum can correct to trend line and then rebound upHi folks today I'm prepared for you Ethereum analytics. A few moments ago price declined to support 2, which coincided with the support zone, but it at once rebounded and made an impulse up to support 1, which coincided with one more support zone. After this movement, Ethereum turned around and in a short time declined to the 2245 - 2200 support zone, breaking support 2, and started to trades in this zone. Next, ETH declined to the trend line, and then the price turned around and started to move up near this line, and soon Ethereum broke support 2 and rose to 2390 points. After this, the price turned around and fell to support 2, breaking the trend line, and then ETH started to rise to this line. When the price reached this line, it made the correction, after which and made impulse up to 2870 points, thereby breaking support 1 with the support zone and trend line. At the moment, ETH trades near support 1 and I expect that Ethereum will decline to the trend line, after which the price rebound and starts to move up, therefore I set my target at the 2880 level. If you like my analytics you may support me with your like/comment ❤️
ETHUSDT will touch the 41k!hello guys...
yes, you hear it right! Ethereum will touch the 41k!
I believe this coin in a monthly time frame is going to make a three-drive pattern that so far just the first drive formed!
the support area is the internal trendline as I draw it
the second drive will end in the 12k area and the last one in 41k!
but please attention you should be so patient!
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
ETHUSDT,🔴Possible scenarios🔴(Details on caption)
As you can see the price is in the important supply zone formed as a bearish breaker block. If this supply zone can hold the price, we can expect a bearish movement, so the primary condition for a bearish scenario is that the price respects the bearish order block and rejection from this zone. For this scenario, we can define the targets as follows: 2470, 2100, 2044.
On the other hand, if the price breaks the bearish breaker block, we can define this breaker as support and expect higher targets as follows:
3200, 3580, 3920
💡Wait for the update!
🗓️17/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
ETH has formed a Bullish FlagETH has formed a Bullish Flag within a bullish Flag. After breaking above the resistance it can continue go to up
🔵Entry Zone 2780.00 - 2766
🔴SL 2737
🟢TP1 2950
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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ETH 1D Chart ReviewHello everyone, I invite you to review the chart of ETH in pair with USDT, taking into account the interval of one day. Let's start by identifying the main downward trend line from which the price came out on top, creating a new, strong upward trend, which the price is currently above.
Looking at the current increases in the market, let's now move on to determining resistance levels, and here, after deploying the Fib Retracement tool, you can see how the price is fighting in a strong resistance zone from $2,553 to $3,009, which so far does not have enough volume to overcome it. However, once it does and the price goes up, it will move towards the resistance at $3,590.
Looking the other way, we should identify places of support. And here the first significant resistance that we should take into account is at the level of $2120, then there is resistance around the price of $1650, which I consider to be the maximum downward level, but we will further define the potential level of $1311.
It is worth looking at the RSI indicators and the STOCH indicator here, because both of these indicators show that a movement at the upper limit of their ranges results in a slight rebound, but we should still be cautious because the rebound may result in a greater price drop.
Blackrock Just Triggered Ethereum’s Bull MarketAscending triangle breakup, on Blackrock ETF news, with target of approximately $2900-3000 based upon 1.61% fib level. In addition, on the weekly timeframe when looking at the Ichimoku cloud, an edge-to-edge trade has activated and it points to the same target.
ETHBTC chart bounced off support at 0.05 and is heading for upper resistance of a multi year wedge formation.
Stop loss at $1900.
After strong impulse up, Ethereum can start to decline to 2660Hello traders, I want share with you my opinion about Ethereum. Looking at the chart, we can see how the price started to trades in the range, where it some time fell to the buyer zone, but last time it turned around and made an upward impulse to the 2660 level, which coincided with the support area, thereby exiting from range. After this movement, the price entered to triangle, where it rebounded from the resistance line and made a strong correction movement to the buyer zone, which coincided with the 2270 level. But soon, the price turned around, started to rise and in a short time rose to the resistance line of the triangle. Then ETH broke this line, exiting from the triangle pattern, and rose to the 2660 level and soon broke it. Also recently, the price rose higher than the support area, and possibly ETH can grow to 2885 points, after which it turn around and starts to decline to the current support level. So, that's why I set my take profit at the 2660 level. Please share this idea with your friends and click Boost 🚀
Possible correction on EthereumHi everyone,
Ethereum price managed to break 2500 level and set a new local high at 2700.
After reaching 2700 price level ETH now in a correction phase and I expect slow decline at least up to 2400 price level.
2400 is very important price level since if it breaks then we can see Ethereum price dropping up to 2140 support level. This scenario is possible but only if Bitcoin price drops under 40000 and continue to decline.
There is important thing to note for Ethereum price is upcoming Dencun update which is expected at the end of February. If all tests will be positive and there won't be any delays then we will see impact of this update on Ethereum price. Most likely Ethereum price will reach 3000 price level region in case of successful update. Otherwise I think that 2700 price level will remain a local high until real bull run starts.
Please, do not forget to boost this idea & share it with your friends; thanks.
NULSUSDT IDEAUPDATE
Nuls Is Ready For Breakout Incase Of Successful Breakout Expecting Bullish Rally Towards 0.60$ In Coming Days .
COIN DETAILS
The live price of NULS is $ 0.293619 per (NULS / USD) with a current market cap of $ 31.06M USD. 24-hour trading volume is $ 57.02M USD. NULS to USD price is updated in real-time. NULS is +20.11% in the last 24 hours with a circulating supply of 105.79M.
ORNUSDT IDEAUPDATE
Breaking Falling Wedge with a very solid candle in Weekly Time frame.
Maximum chance to gain +90% profit soon.
COIN DATAILS
The live price of Orion is $ 1.163281 per (ORN / USD) with a current market cap of $ 39.72M USD. 24-hour trading volume is $ 59.88M USD. ORN to USD price is updated in real-time. Orion is +6.67% in the last 24 hours with a circulating supply of 34.15M.
ETH/USDT 1HInterval ChartHello everyone, I invite you to a quick review of ETH to USDT on a one-hour interval. As you can see, the price is moving above the local upward trend line.
As we can see, when the recovery begins, we first see a support zone from $2,685 to $2,664, and then support at $2,604.
Looking the other way, you can see how the price is struggling to enter the resistance zone from $2,757 to $2,803, and then it can give a strong upward impulse to around $2,934.
The RSI indicator shows a movement in the upper part of the range, similarly to the STOCH indicator, however, the movement is above the upper limit, which causes the movement to decelerate.
ETHUSDT Next Target $7,500!ETHUSDT Technical analysis update
The ETH price broke through an ascending triangle pattern on the weekly chart, potentially indicating a bullish move. Price possible to touch the $7,500 level before the end of 2024.
We recommend entering the trade using the spot market.
Buy Level: Below $2750
Stop Loss: $2,150
Regards
Hexa
Bitcoin Crash or Major rally?Bitcoin is into mega resistance right as the dollar has broken out.
Is BTC going to get snuffed at 50K into a weekly resistance pivot?
Is the halving to strong and going to push BTC to 100k?
Dissecting the technical, it appears Bitcoin could be vulnerable in the near term.
ETHUSDT.1DBased on the given market data, Ethereum (ETH) is currently trading at $2626.0 against USDT. The Relative Strength Index (RSI) on the 4-hour, daily, and weekly chart is 65.63, 69.17, and 69.87 respectively, suggesting that ETH is currently in the overbought territory. This often indicates a potential price correction in the future.
The Moving Average Convergence Divergence (MACD) on the 4-hour, daily, and weekly chart is 52.47, 58.32, and 180.75, respectively. MACD being above zero suggests that the short-term momentum is greater than the long-term momentum, which indicates a bullish trend.
As for the Bollinger Bands (BB), ETH is trading below the upper BB on the 4-hour, daily, and weekly charts, indicating less volatility. The price is closer to the upper band which could suggest that the price is high relative to recent price action and might pull back.
The immediate support and resistance levels on the 4-hour chart are $2553.2 and $2688.0 respectively. On the daily chart, the support level is $2368.0 and resistance is at $2733.0. For the weekly chart, the support is at $1970.0 and resistance is at $2806.0.
In my opinion, though ETH is currently in a bullish phase, the overbought RSI levels across all three time frames might indicate a potential price correction. Therefore, investors should proceed with caution and consider setting stop losses to protect their investments. As always, it's important to consider other factors and market news as well when making investment decisions.