COINBASE:ETHUSD   Ethereum / Dólar
Seems ETH showing a chance for a Shark pattern (2B pattern) as like BTC if you didn't take a look at the last update for BTC you can check out from here.

This shark pattern (2B pattern) gives a negative performance for bulls Especially after they failed to stick to the top of the new peak! and complete breakout for C&H pattern.
What you need to know, if the bears take the lead again, probably we will see ETH back to $2700/1900 once again! and to avoid this, the bulls need to reclaim $4200 with weekly closing above it. and new ATH levels will be confirmed.
most top caps show the same negative patterns, but as you know patterns can fail as anything, the most important thing you need to stick with is risk management. and be aware when most traders agreed at one thing you should be careful probably another thing will happen.


On the chart we mentioned breakout levels and shark targets as well, this chart will be useful for us to extract some long positions from a solid support level .

(all of Alts ideas we posted got updated, so be sure you check them if you follow any).

Remember,
The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person. for us, we extract both sides and we define the best buy /sell zone and trade based on that, and what we care about is what happens.
As analysts, we have to explain both bullish and bearish directions, and if there is a chance to give a personal prediction for the next movement we will do as like previous analyses. Also, you do not have to worry about what or how i think, but you have to worry about what is happening and what you can do based on it. So, Be bullish or bearish as you want, But be sure you cannot impose what you want or force it to happen. so be ready for everything.

Ps:
We don't short market or use leverage or trading BLV tokens!! our signals for spot trading only.
Also, The TA updates are an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else. as analysts, we have to explain both bullish and bearish directions, and if there is a chance to give a personal prediction for the next movement we will do as like previous analyses.

This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Remember that the Cryptocurrency market is very volatile and not suitable for everyone, so be aware of what you will do before you start.

Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comentário: good reaction from bulls today but they still need to overcome $4250 again by the daily or weekly close as explained above to going for new ATH

Read the details and chart as well before posting your comment and if there is anything not clear just ask us, anything else like troll comments, etc sorry we have to ignore it
🙏we ask Allah reconcile and repay🙏
Comentário: 🙏we ask Allah reconcile and repay🙏
Comentário: ETH fails to close weekly above $4400 or hold above it daily!
🙏we ask Allah reconcile and repay🙏
Comentário:
#ETHUSDT reached the lower trend of Ascending channel, holding there will help it to retest $4200/4500 if market keep going up and bulls breakout Psychological levels of traders and they regain their confidence this will push ETH to new ATH

if not, then the panic level at $3500 and by closing below it daily! main support levels are mentioned on the chart!


Based on movement it gives an entry with tight SL below $3500!


we ask Allah reconcile and repay
Comentário:
The price went down by 50% and FOMO people disappeared and trolls as well

it's a sad thing people never learn from what happened before, they just want to hear what they love and what they want. right now the most public charts on tradingview talking about ETH will dip to $2500/1700 but after what?! after ETH got -50% already
we ask Allah reconcile and repay
Comentário: New update GL
we ask Allah reconcile and repay

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