Ethereum (ETH) is showing signs of breaking out from a descending channel on the 4-hour timeframe. The price has been consolidating near the upper boundary of the channel, and a breakout above this resistance could signal the start of an uptrend. • Key Levels: • Resistance to break: $1,950 - $2,000 • Potential targets: $2,274, $2,335 • Support: $1,800 • Technical Indicators: • The 200 EMA (blue line) is currently above the price, indicating a broader downtrend. However, a successful breakout could challenge this trend. • Price action is forming higher lows, suggesting increasing buying pressure. • If the breakout is confirmed, we could see a move towards $2,274 and $2,335 in the coming days. • Trade Plan: • Entry: Upon confirmed breakout and retest of the channel. • Stop-loss: Below $1,880 (depending on risk appetite). • Take profit: $2,274 - $2,335. This setup presents a potential trend reversal opportunity for ETH if the breakout sustains. However, failure to break resistance may result in a rejection back into the descending channel. What are your thoughts on this setup? Let me know in the comments!
Crypto Futures Technical Analysis (EPIC/USDT - 15m Chart) 1. Trend Direction: The price is forming a descending triangle, indicated by the downward-sloping yellow trendline. The trend is bearish, with lower highs being formed, suggesting strong selling pressure. 2. Key Support & Resistance Levels: Support: Around $1.652 - $1.683 (highlighted in purple), where price recently bounced. Resistance: At $1.819 - $1.85, near the descending trendline. 3. Potential Breakout or Reversal Points: If the price breaks below the $1.652 support level with strong volume, a further drop is likely.** If the price bounces and breaks above $1.819, it could confirm a bullish breakout. 4. Entry & Exit Points: Long Entry: If price bounces off $1.652 - $1.683 with bullish confirmation. Take Profit (TP): Near $1.819 - $1.85. Stop Loss (SL): Below $1.652 (around $1.630). Short Entry: If price fails to break $1.819 and rejects the descending trendline. TP: Near $1.652 or lower. SL: Above $1.85. 5. Risk-Reward Assessment: The chart shows a risk-reward ratio greater than 1:2, making the long trade attractive if price holds support. Watch volume spikes for confirmation—high volume on a breakout confirms strength. Final Thoughts: Bullish scenario: A break and close above $1.819 could trigger an uptrend. Bearish scenario: A breakdown below $1.652 could push the price lower. Monitor for candlestick confirmation (e.g., bullish engulfing, doji, or hammer at support). Would you like a more detailed breakdown or strategy suggestions? ?
This chart is a Bitcoin (BTC/USD) 1-hour timeframe analysis from TradingView. Here’s a breakdown of what it represents: 1. Price Action: The current Bitcoin price is $84,191.35. The price has dropped by -149.18 (-0.18%). 2. Technical Analysis Features: Resistance Zone (Marked with Green Box at the top): The price has struggled to break above this level. Support Zone (Green Box at the bottom): The price has previously bounced off this level. Falling Wedge Pattern (Blue lines on the left): This pattern typically signals a bullish reversal, which seems to have occurred. Ascending Channel (Blue lines on the right): Suggests a short-term upward trend. Sell and Buy Signals: Sell Signal at $84,191.35 (Red box). Buy Signal at $84,191.35 (Blue box). 3. Trade Setup: Short Position Indicated (Red and Green Box on the right): Stop-Loss at ~$87,021.76 (Red zone). Take-Profit at ~$78,228.36 (Green zone). The green downward arrow suggests a potential bearish move. 4. Macroeconomic Factors: The bottom icons with U.S. flags indicate upcoming fundamental events that might impact BTC price. Interpretation: The analysis suggests a potential short opportunity, expecting BTC to drop towards $78,228.36 if it follows the trend. If the price breaks above resistance, the bearish setup may become invalid. It's not financial advice
Today I go over order flow in even MORE detail covering VARA Network. How to SWING down properly. How to determine if you should or should not buy back in when a resistance level is dissolved and bullish continuation happens. How to find entry in a pull back situation. How to determine risk amount. How to use stop orders properly and why to never set an open limit order.
Yuuur, As you can see in the title, I am taking a breaking from all the positivity and hopium of my last posts just to give us all a warning: PRICE CAN STILL GO LOWER I have been saying this in all of my previous posts, but this time I decided to show you what I mean. The green box is the PT for the Second Wave of this bull cycle. As you can see we got in it, we touched its bottom and then used it as support. The problem is that the news about the Crypto Reserve created confusion to this all and we need to be careful with it. The blue path is my bullish thesis that W2 is completed. The yellow path is in case W2 is not completed yet. - I am just being cautions since the beginning of a new trend is always filled with uncertainty and in this case we got this retracement from the news that could be an ABC or it could be a 5 wave retracement. So be careful out there. As always, we have to remind ourselves that we are mere observers of the market.
Hello, traders Gold is not yet Bullish, it is forming a Head and Shoulder Pattern. It seems like it will take a dip up to Feb Month High, and then it will go on Bullish. Comment if you disagree.
In this week’s episode of the StrictlyVC Download podcast, veteran VC Aileen Lee was direct about a major consequence of the recent boom-and-bust cycle: many companies stuck in limbo aren’t just struggling to regain their footing after raising too much money at unsustainable valuations; they’ve also lost the champions who once backed them. Lee was […] © 2024 TechCrunch. All rights reserved. For personal use only.
Wie bereits dargestellt, könnte BTC nach einer kurzen Erholung ein weiteres Stockwerk tiefer fallen. ?1. Bullen Target (Grüne Box) : Hier könnten Marktteilnehmer Profite mitnehmen, was den Bären die Kontrolle überlässt. ? Die Liquiditätsmap: In der grünen Box befindet sich interessante Liquidität, die eine entscheidende Rolle spielen könnte. Wie so oft ist am Montag mit einer volatilen bewegung zu rechnen, diese könnte Kurzfristig den Markt beflügeln bevor der Markt möglicherweise wieder nach unten gedrückt wird. ? Zeitraum für die nächste Abverkaufssequenz: Laut meiner Prognose könnte der nächste größere Abverkauf zwischen dem 17. und 22. März beginnen. Die Grüne Vertikale Zone: Ein möglicher Startpunkt für einen Abwärtsimpuls Die Rote Zone: Der Bereich, in dem der Verkaufsdruck seinen Höhepunkt erreichen könnte. Sollte BTC fallen, bleibt abzuwarten, was bei 79.621 USD passiert. Falls hier starke Käufe einsetzen, könnte dies auf eine mögliche Trendumkehr hindeuten. Sollten wir diesen bereich jedoch nach unten durchstoßen erwarte ich das die 77k angelaufen werden um Anschließend auf die Türkiese Linie (Rote Bären Target Box anzulaufen) ⚠ Hinweis: Diese Analyse stellt keine Anlageberatung dar, sondern lediglich meine persönliche Markteinschätzung. ? Teile gerne deine Meinung zu dieser Analyse! ?
Wait for the price to retest the entry level before executing a buy trade. If the price fails to revisit that level, avoid taking the trade to maintain a disciplined approach.
Hello, traders Bullish divergence is still unfolding on the 4H and daily charts. Diagonal trendline holding strong too. Expect some chop before we edge toward the key 95-96k zone and try to print a higher high. Decent liquidity stacked at 79-80k—pretty sure we’ll sweep it in the next few days, so 79,800$ could be a solid spot for your limit buys. After that, I see the bullish divergence playing out, pushing us to reclaim our POC around 96k. That’s where I’d take profits—tons of liquidations there, plus a lot of folks will jump back into shorts, thinking the cycle top is in.