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FAHEEM TRADERS
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Morning Surprise ! #BTCBreaksATH110K
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Every new traders problem #BTCBreaksATH110K $BTC $BB
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$ETH 🔥 Trade Suggestion Long or Short in ETH ? Based on the 1-day ETHUSDT chart you provided, here is a technical analysis to help you decide whether a long or short position might be more favorable: Current Price Action Last Price: $2,463.95 Recent High: $2,738.63 24h High/Low: $2,586 / $2,449 ETH appears to have pulled back from a recent high and is now hovering around the 10-day EMA. EMA Levels EMA(5): $2,497.41 (short-term trend) EMA(10): $2,434.49 (medium trend) EMA(20): $2,265.44 (longer trend) Price is currently below EMA(5) but above EMA(10) and EMA(20), which often indicates a short-term bearish trend but medium to long-term bullish outlook. Volume and Momentum Volume: 3.37M ETH in the past 24h — fairly active Longs vs Shorts: Shows -38.40% long sentiment, indicating bearish trader sentiment Chart Patterns A clear pullback from $2,738.63 suggests a potential local top. The recent red candles crossing below EMA(5) could be a bearish signal for short-term traders. Conclusion Short-term: Given the breakdown below EMA(5), cautious traders may consider a short position with tight risk management, aiming for a retest of the 10 EMA ($2,434) or lower. Medium-term: Still above EMA(10) and EMA(20), which suggests the broader uptrend remains intact, so if you're looking for a long entry, waiting for confirmation (bounce off EMA(10) or a bullish candle formation) would be wiser. Recommendation: Aggressive traders might look to short if price breaks below EMA(10) with strong volume. Conservative traders may wait for a bounce or consolidation near $2,430–$2,450 for a potential long position. #BinancePizza $BTC
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🔥 Ethereum Eyes $3K in May: Rebound Signals More Upside for ETH Highlights: ETH price jumped 3% to $2,550 on May 18, triggering $22 million in short liquidations. Chart patterns indicate a potential rally toward $3,700, with some analysts eyeing Bitcoin at $5,000 this month. Technical indicators suggest Ether still has momentum. On May 18, Ether (ETH) surged over 2.5% in 24 hours to trade at $2,536, sparking renewed optimism that ETH could reclaim the $3,000 level before the end of May. Short Sellers Squeezed as ETH Surges Data from Cointelegraph Markets Pro and Bitsamp shows ETH climbed more than 4.5% from a low of $2,440 to a high of $2,551 in just one day. This rally triggered significant short liquidations—$22.25 million in total, including $7.5 million wiped out in a single hour—as traders betting against ETH were caught off guard by the price jump. Crypto markets saw over $158 million in liquidations during this period, with $95 million from long positions. Ether’s rebound played a major role in shaking up the market dynamics. Resistance Ahead? CoinGlass data shows strong sell interest forming above ETH’s spot price, with over $384 million in ask orders stacked up to the $3,000 level. This suggests the recovery could face resistance around that price. Momentum Remains Strong Analysts believe the recent pullback was a healthy correction, allowing ETH to retest support before continuing its upward trajectory. According to crypto analyst Titan of Crypto, the weekly Stochastic RSI at 79 indicates that Ether “still has more gas in the tank” for further gains. #BinancePizza $ETH
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🔥 ETH performance & me 😜😜😜 #BinancePizza
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