ETHUSD Half target successfully archived I'll still holding for my target. This is not financial advice trade and manage your own risk.
? Ethereum (ETH/USDT) 4H Chart Analysis ? Current Price: $3,220.06 (-0.95%) ? Indicators & Patterns: Downtrend Resistance: A descending trendline is acting as resistance. Support Zone: The red highlighted area (~$3,220) is a key support level. 200 EMA: At $3,320, acting as resistance. ? Possible Scenarios 1️⃣ Bullish Case ?: If ETH holds the support and breaks the descending trendline ($3,320), it could test higher levels around $3,400 - $3,500. 2️⃣ Bearish Case ?: A breakdown below the support ($3,220) could trigger a fall towards $3,100 or even $3,000. ? Key Levels to Watch Resistance: $3,320 (EMA 200), $3,400 (Trendline) Support: $3,220 (Zone), $3,100 (Next Major Support) ⏳ Conclusion ETH is at a critical decision point. A bounce could lead to a breakout, but failure to hold could trigger more downside. Watch for a reaction around $3,220! ?
☕The C&H Pattern With a Little Tilt to It? This chart showcases how we can grab forecasted targets using chart patterns similarly to my other postings and how we can use these patterns to our convictions BITSTAMP:ETHUSD is currently still trading within the falling wedge pattern and will play a big role into being the cause of the C&H breakout As shown on the chart we can see the main trendline target in orange somewhat lines up with fib extension and C&H trajected target which creates a great confluence in forecasting what's next to come After price makes it's way to breakout at the upper trendline we should see a push towards $4,800 in the acts of a Pullback Trigger and Not Permanent Resistance Price action doesn't go in a straight line forever so we'd have to see a cool off period retesting atop from the breakout (SnR) for a second point contact to launch price further, the first point contact is where we are now, and by adding a SMA or EMA this will allow for optimal accumulating zones The red squares are the major and minor pivot points to calculate the levels for the Fibonacci extensions and also line up with Fib Channel which was measured from the base structure (main trendline in orange). Follow to stay tuned on what price action will do next after this hopefully plays out?
BTC/USD - 1H Timeframe (Bitcoin vs. US Dollar) ? Trend Overview: Bitcoin is currently in a consolidation phase, trading between key support and resistance levels. The price is forming a symmetrical triangle, suggesting a possible breakout soon. ? Key Levels: Resistance: $67,500 (previous swing high) Support: $65,800 (previous demand zone) Pivot Level: $66,500 (mid-range level acting as minor resistance) ? Technical Indicators: EMA 50 & EMA 200: The price is hovering around the 50 EMA, while the 200 EMA is acting as dynamic support. A golden cross is forming, indicating potential bullish momentum. RSI (Relative Strength Index - 14): Currently around 54, indicating a neutral stance with room for movement in either direction. MACD: The MACD histogram is showing bullish divergence, with the signal line crossing above the MACD line, hinting at a potential upside move. Volume Profile: Decreasing volume suggests a possible breakout soon. ⚡ Possible Scenarios: 1️⃣ Bullish Breakout: If Bitcoin breaks above $67,500 with strong volume, the next target would be $69,000. 2️⃣ Bearish Rejection: If price fails to hold above $66,500, a drop towards $65,800 or even $64,500 is possible. ? Trading Strategy: Long Entry: On a breakout above $67,500 with confirmation. Short Entry: If rejection occurs at resistance with bearish confirmation. Stop-Loss: Adjust based on volatility and risk management.
Get ready for an incredible ride this year because NASDAQ:OM is primed to soar! We’re on some serious run
Got a strong feeling that NASDAQ:OM will hit multiple ATHs this coming days. Double digits loading..
A lot of speculation and say a certain rhythm would have to rhyme? But mostly for fun at this point and learning
This correction for CRYPTOCAP:SOL has been textbook EWT. The wave counts are spot on and this is the last portion of the dip (wave 5 of C). Should sweep the lows of wave A/~$220 and could go as low as $200. Regardless, if you are a long term bull then dca below $220. If you're a trader then no need to catch a falling knife. Wait for the $230 lvl to be re-claimed on the higher tf charts >4hr and go long. This is the 'pivot' lvl, bullish above $230 and bearish below it.
FG-Histogram turned green and into the positive zone, as well as Bullish Divergence established on the daily. Previously, a bearish divergence with the FG-Histogram subsequently turning orange marked the start of the dump in September 2024. Have been slowly DCAing more into KAS from ETH within the golden pocket again, while setting stop limit below the 65% retrace level.
NASDAQ:OM is going strong again Likely to hit $8 soon. The next breakout will push it higher