In 4HR time frame can see bullish market structure breaking by Lower low and make bearish market structure. When use to Fib levels to previous downtrend line, price is now at the golden pocket. RSI indicate bearish divergence Previous candle was engulfed by bearish candle in 4HR time frame and personally I expecting its better swing point.
Daily and 4Hrs time frames market structures are bearish. Use fib level to weekly uptrend we can see weekly candle close below to 0.781 level. 82.59 is weekly level and trend line of daily and 4Hrs are align with that level as well. If price come to that level with compromising other bearish confluences, I would like to short. If price goes down at 63.80 price...
In Monthly time frame we can see break of the high and expecting price will retrace for the monthly support level before making higher high. In weekly market structure running with a bullish force. Prominent resistant area was broken and expecting for the retracement. In daily time frame bullish market structure and last price movement check with the fib...
In weekly time frame can see M pattern has been formed and retested it from the neckline. so i guess it is currently bearish. Daily time frame price tried to build up bullish market structure but that attempt was unable to execute and price came to below the support zone. Due to that reason I believe that lot of stop loss will Triger at that support zone and new...
weekly time frame showing after 4 bearish candle one green candle it can be a retracement candle. Daily market structure still bearish because last lower high was unable to break the previous lower high. In daily chart can be seen M pattern has formed and neckline has broken now. This if just for the analysis purpose only. In 4 Hr time frame market try to...
In 4Hr Time frame work we can clearly see the down trend continue but there was attempt to break the downtrend market structure but it was failed. in above price make the double top pattern and would like to take a short trade if the price reject from the double top neckline.
I am expecting ETHUSDT is at good position to short due to the following reasons. Head and shoulder patter appears above current price and now price is retracing the neckline. SMA indicate death cross in 4 hrs chart. In daily chart yesterday candle was break the up trend market structure and expecting it will continue further. To act like this its really...
In here we are at the strong demand zone back by the neckline of the M pattern above and RSI indicate bearish divergence. simple moving averages indicate that we are in downtrend with the death cross Due to above reason I am expecting market will be bullish .
After long time of accumulation stage market has broken the all time high and made new all time high. Now market coming to the retrace the previous all time high and we can expect market will push to the market again in up direction. Target profit 26.598 is taken from the Fib Extension
In here we can find a head and shoulder pattern below the current position and its seem like it has been retraced in 4hr chart. now we are at the supply zone after if it will break we can take long position at the same zone. breaking of this supply zone indicate that breaking of bearish market structure in the 4 hrs chart1