📊#ETH finally succeeded in breaking through✔️"I'm waiting for you here." Are you here❓
🧠For spot trading:
After waiting for about two months, our main goal has finally been achieved, and we have successfully locked in the main profits. Congratulations to our friends who followed Wolf King to print money, we have successfully achieved a 60%+ increase. The remaining positions will look forward to the possibility of continuing to break through ATH.🙏
➡️For short-term futures trading:
We also locked in the main profit in time, allowing the remaining positions to continue printing more money without risk.💰🚀🌕
➡️For the current structure, we have reached a staged resistance zone, and perhaps we will consolidate here for a period of time to digest the selling pressure here.🫣
Let's see where we go next👀
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ETHUSDTPERP
📊#ETH may rise based on cup-handle structure📈🧠We have been consolidating sideways in the target area for a while, digested some selling pressure, and formed a cup-handle bullish structure here. The long order we made based on this view has locked in 50% of the profit, and then looks forward to it risk-free. Congratulations to the friends who followed Wolf King to print money.⚙️💰🍻
➡️If it continues to rise, with a healthy correction midway through, it will also be seen as a good buying opportunity.
⚠️Note, don’t forget risk management
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📊#ETH reaches the weekly TP zone✔️"I'm waiting for you here. Are you here?"
➡️I am very happy that everything developed as expected. For futures trading, I once again reduced my long position by 10%, and the remaining 10% was used to look forward to a breakthrough of 3580. Of course, it is reasonable for you to close your position here because the weekly level target area has been achieved.
➡️For spot trading, the ETH we bought near 2223 has now successfully reached TP. In more than a month, it has increased by 50.56%. You can choose to lock in 50%-80% of the profits. Congratulations to everyone on your good profits.💰🚀🌕🍻🍻🍻
➡️Why should we keep 20%-50% of the position?
🧠This should have been analyzed for you in the previous post. I hope we can successfully break through the short defense point (3580). If we successfully break through the short defense point, then we have a chance to break through ATH (4877).🙏
➡️If we successfully break through the short defense point, we will reduce our holdings again, leaving only 10% to look forward to the breakthrough of ATH. It is definitely difficult to directly break through ATH, and the process may be full of twists and turns, so leave a small position to look forward to this possibility, and it will not leave you with too much psychological burden.💯
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📊Where is the final TP of #ETH ❓👆Regarding this issue, I already told you in my post in January. The prompt "I'm here waiting for you" must have appeared many times. I hope everything goes as smoothly as expected.🙏
➡️Did you increase your position yesterday❓
🧠We have added positions. Moreover, 80% of the main profits have been locked in, and we look forward to successfully breaking through the short defense point. Because if we refer to the trend of BTC, since we are going to start a bull market, it also means that the short structure must be completely destroyed. Therefore, as a representative of altcoins, ETH's performance cannot be too bad.✔️
➡️Let us look forward to the breakthrough of 3580🙏🎯✔️
⚠️Note, if your entry point is not ideal, then don't be too greedy.
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📊#ETH returns to the D2 buying zone again.📈💥We increased our positions after successfully breaking through the D2 resistance zone yesterday, and reduced our positions by 50% after reaching the D3 target zone. Congratulations to the friends who followed Wolf King to print money, and once again achieved a profit of around 300%+.🍻🍻🍻
🧠At present, we are using the cup-and-handle bullish structure as a support force to start rising, and the price has once again returned to the D2 support buying zone. Do you dare to increase your position?🤔
⚠️Also don’t forget risk management💯
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📊#ETH may rise according to cup-handle structure📈➡️As expected in the previous post, we have a cup-and-handle bullish structure forming. If you buy according to this idea, the current profit is 100%+, you can choose to lock in part of the profit, and then look forward to more without risk. Congratulations to all the friends who followed Wolf King to print money.🍻🍻🍻
🧠We are currently testing the D2 resistance zone for the third time. If it can be successfully broken through, the D2 resistance zone will turn into a support zone.
If the breakout fails, then the hope is that support will be found here when the price returns to near the buy zone.🙏
⚠️Also don’t forget risk management💯
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📊#ETH has a chance to form a cup-and-handle structure📈🧠After reaching the D2 TP zone, we did not choose to fall back sharply, but moved sideways. This means that the bullish force is very strong, and the structural trend combined with the macro cycle is still a bullish trend. Therefore, we held a long order near 2,900 US dollars and locked in 80% of the main profit when it reached 3,000 US dollars. Congratulations to the friends who followed Wolf King to print money and obtained a 300%+ return rate.🍻🍻🍻
➡️From a structural perspective, there is no short-selling structure here. Instead, there is a chance to form a bullish cup-and-handle structure. Therefore, please be cautious in shorting and focus on bullish positions.📈
⚠️Also don’t forget risk management💯
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ETH- Gann Angle ConvergenceETH is above the convergence of two Gann angles.
The first angle (in red) is pulled from the bull market high to the bear market low. This angle is resistance.
The second angle is from the previous bear market low to the previous bull market high. This angle is support or resistance, depending on whether the price is above or below the angle.
A convergence of two angles is a strong S/R level. ETH is above the angle convergence, but it needs to solidify its hold. Currently, it looks like it could lose this level, the same as Bitcoin.
However, if it does manage to flip this level to support, the next target is at around 4.5K. Not immediately, but it will become a tangible target.
What do you think?
Best Wishes
Ethereum Ready to Fall [-15%]🏃♂️ Ethereum has been moving in an Ascending Channel for over a year .
🏃♂️At the moment, Ethereum is moving near the 🔴 Heavy Resistance zone($3,580_$2,960) 🔴 and the upper line of the ascending channel , which we can see the reaction to this zone well in the daily candle .
💡Also, between two consecutive peaks, the Regular Divergence(RD-) between Volume and Price is clearly visible.
💡Since the Market Cap USDT Dominance% (USDT.D%) is moving in the 🟢 Heavy Support zone(5.35%-4.90%) 🟢 and has shown a good reaction to the Support lines and there is a Regular Divergence(RD-) between two successive valleys , it is expected that the USDT.D% will increase at least up to the Resistance line , which can help to correction on most of the tokens .
🔔I expect Ethereum to decrease at least to the Uptrend line and if this line breaks, it can also fall to the 🟢 Heavy Support zone($2,160_$1,720) 🟢, otherwise it will attack the 🔴 Heavy Resistance zone($3,580_$2,960) 🔴 again.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Ethereum Analyze ( ETHUSDT), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Ethereum ⇒ is going to touch at least 3k!hello guys...
I believe this coin wanna start another upward movement for these reasons:
1- broke out the ascending channel
2- made a three drives pattern and touched the line of this pattern
3- formed a divergence and did a correction related to the divergence
4- the price hasn't engulfed the flip area yet.
so we can expect if the price doesn't break down the flip area, to touch the 3k level at least!
______________________
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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📊#ETH eyes new buying opportunity💥🧠The expected rejection at D1 did not happen. Instead, it chose to rise strongly. Now it reaches the D2 TP zone and then falls back after encountering resistance. The D1 TP zone turns into a support buying zone. Observe the buying opportunities in this zone. If not, Give up.
➡️We still choose to continue to hold the ETH spot we bought in the 12H buy zone. The most conservative target is at least 3000+, and the ideal target zone is 3350-3580.🎯
➡️Referring to the trend of BTC horizontally, since BTC has broken the short structure, the short structure of ETH should also be broken, because this market is positively correlated. Moreover, the ideal target area of the double bottom long structure at the ETH weekly level has not yet been realized, so it is not recommended to go short and try to follow the trend and focus on the bullish trend.📈
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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 Tests Resistance Zone Again, What’s Next❓➡️The ETH long order we started to get on January 23 finally achieved all our goals after a long wait of 22D. In fact, we can continue to look forward to more, but we have increased our positions and reduced our positions along the way. The profit is already generous enough, and we bought in the 12H level buying zone, so we should stop profit after reaching the corresponding level target zone, because I define futures trading as short-term trading. The remaining goals can be achieved by spot trading.💰🚀🌕🍻
🧠If we are rejected at D1, then we have the opportunity to find better short-term buying opportunities, we just need to be more patient
It is not recommended to go short because you can only make quick money but not big money.☕️
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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
ETH short structure is broken in hopes of challenging the pre-H➡️Compared with BTC, the trend of ETH is really weak, but from a structural point of view, the structure of ETH is going very well, so we let the remaining positions continue to run after locking in the main profit.🙏💰🚀🌕
🧠From a structural point of view, we have successfully broken through the short defensive point, which means that the short structure has been destroyed, which means that it is highly likely to break through the previous high.☕️
➡️From the perspective of wave theory, if wave 3 ends here, then it is possible that wave 4 starts here, and expects wave 5 to occur.
‼️Note that as you reach the target area, it means that the probability of dumping increases, so please be sure to do risk management. Give yourself more qualifications to survive in this market, which means you can achieve more in this market.
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📊#ETH structure is intact, goals are clear, stay patient☕️🧠There was a sharp correction after the TP zone of the double bottom structure was realized, which is very reasonable. We also locked in profits in time when we reached the TP zone. Currently, a beautiful wolf wave is also formed here, and we are in the 4th Increased our position at the end of the wave in anticipation of wave 5🙏🎯✔️
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📊#ETH still has a long structure TP that has not been achieved➡️To be honest, I am a little disappointed with the trend of ETH, because the strength of the rebound is a bit weak, and it has not even reached the resistance zone. If we refer to BTC horizontally, we should also reach the resistance zone simultaneously, but unfortunately it did not go as expected.🤯
💰Fortunately, we locked in half of the profit after reaching the conservative TP zone, and we will expect more from the remaining positions.🙏🎯✔️
🧠From the daily level, we have already made a daily correction, so this decline was completely driven by BTC. However, according to the structural form, the bull defense point must not be broken down. If it is broken down here, it means that the daily level correction is over and it will enter the weekly level adjustment. If it happens, this will would be viewed as the most pessimistic signal.⚠️
➡️Overall, we would prefer a continuation of bullish strength, so it may be wise to go long after a pullback.☕️
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📊#ETH double top short target completed, alert to rebound risk🧠In the end, we continued the decline according to the double-top short structure. At present, all the goals of the short positions have been achieved. Short sellers should lock in profits in time and be alert to the occurrence of rebound. To go long, you need to observe the structural form here.👀
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📊#ETH bulls are structurally intact, stay patient☕️🧠From a weekly perspective, the goal of our double-bottom long structure has not been fully realized. Combined with the expectation of supplementary growth + the existence of the Cancun upgrade expectation, the upper goal is still worth looking forward to, we just need to remain patient.☕️✔️
➡️Let us look forward to it together🙏🚀🌕
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ETH/USDT Long SetupETH/USDT
Entry: 2100-2134
Take Profit: 2300-2350
Stop Loss: 2019
Risk to reward: 1:2
Technical Thesis:
We observe a local support for Ethereum at $2,210 and a significant support area at $2,134. The price is anticipated to undergo testing at these levels shortly, making $2,134 an attractive buying opportunity for ETH.