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Update ETH/USDT
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$BTC LONG 🟢 I think #BTC is bottoming here. Beautiful Fibonacci Retracement printed and RSI Is OverSold 🎯 Target - $64173.39
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#BTC/USDT: 4H Chart: Analyzing Key Market Movements and Volume Key Elements on the Chart: 1. Price Levels and Volume Profile: - Volume Profile:The horizontal histogram on the right side shows the volume traded at different price levels. - POC (Point of Control): The price level with the highest traded volume is highlighted. 2. Support and Resistance Zones: - Demand Zones:Areas where there is a high buying interest, likely to act as support (e.g., around 59,900 and 62,900). - Supply Zones: Areas with high selling interest, likely to act as resistance (e.g., around 69,900 and 72,000). 3. Key Price Levels: - Current Price: 64,736.41 USDT - Important Resistance Levels: 67,749.87 USDT and 69,989.27 USDT - Important Support Levels: 62,576.06 USDT and below 4. CHoCH (Change of Character): This suggests potential reversals or significant changes in trend direction. Notable CHoCH levels are marked on the chart. 5. Points of Interest (POI): Specific levels where significant trading activity is expected, both above and below the current price. Interpretation: - Current Trend: The chart shows a recent downward movement, but it also highlights significant support and resistance levels that could influence future price action. - Support and Resistance:*Given the high volume areas around 67,749.87 USDT (resistance) and 62,576.06 USDT (support), these levels will be crucial in determining the next significant move. - Potential Reversal Points: The CHoCH indicators suggest that there have been recent changes in the market sentiment, which could lead to a reversal if the price reaches certain levels with significant volume support. Strategy Considerations: - Long Positions: Consider looking for buying opportunities near the demand zones or after a breakout above resistance levels with strong volume. - Short Positions:Consider selling near the supply zones or after a breakdown below support levels, especially if accompanied by high trading volumes. - Volume Analysis: Keep an eye on the volume profile for confirmation of breakouts or breakdowns. $BTC
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THE GIGANTIC CRASH for #ETH isn't coming Here is a reality check: We are in a big HTF range for #Ethereum and with the push to 4K in March we have broken 🗝️ market structure to the upside Also, the local Weekly MS leading into it remains bullish, marked on the chart with HL (Higher Low) & HH (Higher High) aka market swings What we are experiencing is a bull market pullback. Inversely, we saw a bear market pullback on March 22 circled yellow, which just as well resulted in further downside Play the trend as long as the trend is holding well. Anticipating breakdown based on wishes isn't a profitable strategy The next major HTF level is ATH. Only available to those with enough patience $BTC $ETH #BTC #ETH #BinanceLaunchpool
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#BTC 85K Promise TARGETLONG BTCis still Moving inside the BULLISH Pennant on the Daily timeframe Chart. Still I'm Bullish on BTC & Expecting New ATH in the Coming Days $BTC $ETH $SOL #BinanceLaunchpool #BullorBear
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Trading SIGNAL #ARK , +20% Profit in NEXT DAYS Trading Setup: A Trading Signal is seen in the ARKUSDT (4H) (SHORT TERM) Traders can open their Buy Trades NOW ⬆️Buy now 🔵TP : 1.0900$ $BTC $ETH $SOL #BinanceLaunchpool
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