This chart illustrates Ethereum's (ETH) price action against Tether (USDT) on a daily timeframe, showcasing significant levels of support and resistance, along with a potential scenario for future price movements. The blue zone represents a previous resistance level, now acting as a critical support zone $2,821.56 to $2,763.95. The chart highlights a strong...
The chart depicts the price action of Dogecoin (DOGE) against Tether (USDT) in the 4-hour timeframe, highlighting potential zones of support and resistance. The two blue horizontal zones represent key support areas, where buyers might step in to halt the price decline and potentially trigger a rebound. The black zigzag lines illustrate speculative pathways,...
AVAX is on the verge of its much-anticipated bull rally. The resistance level against BTC is like a lid on a pressure cooker, with bulls steadily absorbing the available liquidity. Once this level is broken, the price could surge rapidly upward.
AVAX is approaching its final resistance level. A further push of about 22% could clear the way, leaving no obstacles and leading it into a new price discovery phase. At the same time, its potential peak is uncertain.
A pullback is anticipated next week due to technical factors that suggest a period of consolidation or correction. First, the 4H 50 EMA (Exponential Moving Average) is heavily overextended, indicating that the price has moved too far, too fast, away from its mean. In such scenarios, market behavior often drives prices back towards the EMA to realign with the...
Binance Coin (BNB/USDT) is approaching a key resistance zone in Blue at $605.5 to $618.5. It's tested this level multiple times, suggesting a possible breakout if it closes above. The target? Around $721.8, 16.54% . A rejection could lead to retesting lower support. Stay tuned
The total crypto market cap excluding BTC (Total 2), currently in a downtrend within a descending channel. It recently broke through a key resistance zone Blue at 962.013B - 976.72B mark. The green projection suggests a potential breakout from this channel, with a bullish target near 1.271T. If the breakout holds, it could signal a strong uptrend and potential alt...
The chart illustrates the total cryptocurrency market cap, excluding Bitcoin and Ethereum, currently consolidating within a descending channel, often recognized as a bullish flag pattern. This pattern emerges after a strong upward movement, suggesting the potential for further gains once the consolidation phase concludes. The market is fluctuating between two red...
ETH takes a profit 2 hit. we posted this setup 2 days ago here on Trading View ETH - USDT Entry after a confirmed breakout Entry 2,857.33 S.L 2,734.42 T.P 1 2,998.15 T.P 2 3,194.72 T.P 3 3,445.23
This chart shows that ChainLink (LINK) might be shifting from a downtrend to an uptrend. The price recently broke above a red descending trend line that had been holding it back for months, which could signal a positive change. LINK is now trading above a strong support zone in Green between $12.52 and $13.03, which suggests that buyers are stepping in to hold the...
Bitcoin turns resistance levels into support! This means that prices that previously acted as barriers to upward movement are now serving as a foundation for future gains.
Volatility is expected to skyrocket today with the release of the CPI data. #Bitcoin remains steady at GETTEX:87K , while #Altcoins are taking a hit. Looking for an ideal entry point on Bitcoin? Around $80K the Yellow zone marked on the chart could be your spot. What’s on the horizon? A potential push toward $100K.
A massive surge for $ETH! The bottom is in, with over $230M flowing in within just three days since the elections, pushing Ethereum back up. Volatility is spiking as less liquidity is now needed to drive the rally. I believe Ethereum is set to substantially outperform Bitcoin.
The ETH/BTC chart suggests that Ethereum (ETH) is potentially on the verge of a major upward movement, particularly if it follows historical patterns. Currently, Ethereum's price against Bitcoin has been in a downtrend since August 2022, trading within a descending channel. This decline aligns with Bitcoin's growing dominance, largely driven by the interest in...
ETH - USDT Entry after a confirmed breakout Entry 2,857.33 S.L 2,734.42 T.P 1 2,998.15 T.P 2 3,194.72 T.P 3 3,445.23
The chart shows Ethereum (ETH) forming a symmetrical triangle pattern, characterized by converging lower highs and higher lows, which signals a consolidation phase. This pattern suggests that the price is coiling up for a significant move. Currently, Ethereum is nearing the upper resistance line of the triangle, indicating a potential breakout. If ETH breaks above...
ENA chart shows the price behavior within a descending channel. The price has been respecting the channel boundaries, with each peak and trough aligning with the upper and lower trendlines. The price of ENA has been rejected from the upper boundary of the descending channel and the resistance zone (Green) at $0.4203 - $0.4462 many times. Everything is on the chart
ADA has been consolidating within a range for the last few months and has been in a downtrend since March. After a breakout from the trend line we might see a bullish move All the levels are marked on the chart