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Ethereum Whale deposited $738 million worth of ETH on Coinbase !After the first price target was reached today: In my opinion, Ethereum currently exhibits concerning technical patterns and fundamental factors that could potentially lead to a significant decline in its price! The presence of a bearish pennant and a head and shoulders chart pattern suggests a bearish trend reversal may be in play. Adding to the bearish outlook is the news of a prominent Ethereum whale, who owns a substantial amount of ETH worth approximately $738 million, depositing their tokens on Coinbase, possibly with the intention to sell. Such a massive influx of supply into the market has the potential to trigger a significant selloff, leading to downward pressure on Ethereum's price. Considering these factors, I have set a price target of $1140, which represents a substantial decline from the current levels. Looking forward to read your opinion about it!
Short
by TopgOptions
1
CADCHF has sell opportunity Hey there, In weekly timeframe price touched the blue line much time In daily timeframe, we consider it as a powerful support resistance zone. Hourly chart we waited for the perfect entry Then we got an-------( head and shoulder)------- pattern An buyers can not push the upside....... That means sellers are preparing to make the trend bearish,,,,,,, We can sell in this zone (. 67777 ---0.67690) TP ---1 =========0.67350 TP ----2 =========0.67050 TP ----3 =========0.66440 Take a better risk management........ I consider SL would be 0.67970 Be happy,😁😁 goodLuck🤗🤗 FX:CADCHF
Short
by LNY_Trader
BTCUSDT 27500 SHORT. Bitcoin! It's the calm before the storm! Bitcoin! Bitcoin! It's the calm before the storm! The bad news. The Cross of Death. The price is below 100MA! The problems with Binance and Coinbase are just beginning! We can see on the chart that Bitcoin's price is in the short zone. We are below the 100 MA. Today's trading level is 27500 below short, above long! We also have the moving averages drawing a Death Cross. Take a look at the history. Before the Death Cross, Bitcoin is usually down 30%. While bitcoin is below 27500 trade short on the short list. BUYSELLSTYLE trading levels at 0706 Long ETH 1918 BNB 299.5 BGB 0.4911 MX 3.50 BIT 0.4971 LTC 91.47 AVAX 15.06 ETC 17.68 NEAR 1.53 KAVA 1.227 XLM 0.0902 NKN 0.1187 ICP 4.525 WOO 0.2315 HBAR 0.0499 UNFI 4.287 Short ETH 1778 BNB 272 BGB 0.4313 MX 3.20 BIT 0.4711 LINA 0.01366 MATIC 0.7896 ADA 0.3365 GALA 0.02705 IDU 0.3514 DOT 5.11 MANA 0.448 TRX 0.07681 WAVES 1.664 ALGO 0.1310 AUDIO 0.21 ONT 0.1957 CELR 0.01774 FLOW 0.642 XEM 0.0292 LQTY 1.023 COTI 0.0593 Guide BTC 27500 Above long. Below short. BTC 25810 Avalanche BTC 28477 Rocket ru.tradingview.com
Short
by BuySellStyle_engl
2
CADJPY OHLC MONTHLY STRUCTURE IN DAILY TIMEFRAME(Sell Setup) 🚨CADJPY OHLC MONTHLY STRUCTURE DAILY TIMEFRAME (Sell Setup) 🚨 The CADJPY pair is exhibiting a noteworthy OHLC (Open, High, Low, Close) structure in the daily timeframe. Currently, the price is being rejected below the resistance level of 104.589 . Anticipating a close below 104.088 , it is advisable to wait for a TDI cross to validate the presence of selling pressure in the markets. Once the cross occurs, the initial target would be 103.215 , followed by a second target of 102.914 in the daily timeframe. It is crucial to exercise patience and await the TDI cross before taking any action. Trade with Caution. Wait for valid entries. Please support this idea with LIKE if you find it useful. P A T I E N C E + D I S C I P L I N E
Short
by PeanutButter