ETHBTC price action forecast for 2025. ETHBTC formed a bullish pennant pattern with a support at 0.032 and resistance at 0.075. Also, the bottom of 0.032 was hit exactly after 30 weekly candles from the death cross on weekly.
#EthUsd is breaking out with wave 3. #Ethereum could reach $6500 per coin with wave 3.
Beautiful IH&S pattern forming on the top which also an continuous pattern.
In detail following my Strat. Market seems to be giving a push
? On December 5, 2024, set an absolute record for liquidations on the crypto market - $1.1 billion ($820 million longs + $280 million shorts), breaking the record of August 05, 2024, when it was $950 million. CRYPTOCAP:BTC price dropped to $89-90 thousand, depending on the exchange. Such a “helicopter” as on the OKX:BTCUSDT chart is launched when all indicators are “overheated” and the market needs to rest, but maintain the trend, i.e. the crypto market's up-trend. Fear and Greed Index - 71 (greed remains on the market) Given the fact that altcoins have barely reacted to the fall, we can assume that there will be another wave down. How do you feel about the option of #Bitcoin price movement $100k ? $84-85k ? $110k and this is all by the end of 2024 ?) P.S: also remember that on 18/12/24 the FOMC meeting is to be held, where the FED rate is expected to be cut by at least -0.25%. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
The Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
Price was in a strong downtrend, however the bulls seem to be assuming control of the price action after the emergence of matured bullish divergence on four hourly timeframe. First higher high is created successfully and if the bullish momentum continues then we can expect a bullish retracement. Targets are mentioned on the chart.
Sl- 2250, target- 2250, SRF is a chemical stock and speciality chemical sector appears to book in 2025
The Most Probable Targets are Mentioned . NOTE : It is a personal idea and is NOT enough to trade
WIF is in accumulation phase since 18 Nov , If WIF broke the accumulation zone then it will go for new higher highs. We will enter at breakout of 3.655