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Here’s a detailed breakdown of the current situation and potential for ETH:
📈 Trend Overview (Macro): • Current Price: ~$2930 (as per your chart) • $4000 Target: ~36% upside from current levels • Recent Highs: Struggled to break above ~$3100–3200 in the last few weeks • Support: Strong near $2850–2900 • Resistance levels before $4000: • $3050 • $3250 • $3500 • $3750 • $4000 (psychological & technical)
📊 Key Factors to Watch:
✅ Bullish Signals: • ETH Spot ETF Approval (expected Q3/Q4 2025) — a confirmed approval could be the catalyst to push ETH to $4000+ • ETH 2.0 upgrades and Layer 2 adoption improving value proposition • Strong accumulation zone between $2700–$2900
❌ Bearish Risks: • Macroeconomic news (US inflation, Fed rate hikes, etc.) • Bitcoin weakness (ETH still follows BTC for momentum) • Failure to break $3100+ again soon could trigger more downside
Suggests price is in a consolidation or pullback phase within a larger uptrend.
🔹 KDJ: • K: 45.58 • D: 41.90 • J: 52.95
Slight bullish crossover forming, may indicate a minor bounce.
🔹 Volume: • Low recent volume, meaning weak buyer interest right now.
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✅ Conclusion & Strategy:
🧭 Bias: Neutral to Bearish Short-Term • Price is still below MA(25) and volume is weak. • KDJ is recovering but not very strong. • There was a failed attempt to hold $2,950–$2,960, and now it’s stuck under resistance.
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📌 Best Move Now:
If you’re trading short-term (scalp/intraday): • Short near $2,945–$2,950 (resistance zone) • Stop-loss: $2,965 • Target: $2,905 → $2,890
If price breaks and closes above $2,960 with volume: • Then switch to long, as momentum may return.$ETH
Based on the 15-minute NOTUSDT chart you shared, here’s a quick technical analysis:
🔍 Key Observations: 1. Price Action: • Current price: 0.002067 • Recent low: 0.001996 • Minor bounce happening, but no strong breakout. 2. Moving Averages: • MA(7): 0.002063 (just under current price) • MA(25): 0.002059 (below current price) • MA(99): 0.002107 (well above price, still downward slope) • Price is below the 99 MA, indicating bearish trend overall. 3. Volume: Recent candles show low volume, no strong buying pressure yet. 4. KDJ Indicator: • K: 34.54, D: 37.76, J: 28.11 — suggests potential for upward bounce (oversold zone). • But still no clear bullish crossover. 5. MACD (not visible but can be inferred from momentum): • No major bullish divergence observed.
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📉 Conclusion:
Short-Term: • It’s a bearish to sideways market with a weak bounce. • Since it’s still below the 99 MA, and the bounce lacks volume or strong momentum:
✅ Best Action: Wait or Short on rejection near 0.002080–0.002100
All your candles will be shoved up your ass, when the market starts turning green all the technical gurus come out to boast, where were they when the market was crashing?
Roaib_Bn
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🚨 LEARN THIS CANDLES THEN YOU WILL NEVER FACE LOSSES 💥👇
Bullish Candles: The Buyers Take Charge
1. Most Bullish (Candle 1) A tall green candle with no shadows—clear control by buyers from open to close. Momentum is high, and confidence is strong.
2. Second Most Bullish (Candle 2) A bullish candle with a long lower wick. Sellers tried to push lower, but buyers reclaimed dominance—a strong rejection of downside pressure.
3. Normal Bullish (Candle 3) Slight upper and lower wicks show some indecision, but the green body signals that bulls still finished stronger.
4. Neutral Bullish (Candle 4) A small-bodied green candle with long wicks on both sides—buyers are present, but not convincingly in control.
5. Least Bullish (Candle 5) Very small bullish body with large shadows. Indicates hesitation—bullish bias exists but with caution.
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Bearish Candles: The Sellers Seize Momentum
6. Most Bearish (Candle 6) A full-bodied red candle without shadows—an unmistakable sign of aggressive selling pressure.
7. Second Most Bearish (Candle 7) A small-bodied red candle with a long upper wick—buyers tried to lift prices but failed, leading to a bearish close.
8. Normal Bearish (Candle 8) A typical red candle with moderate shadows. Bears win the round, but not without resistance.
9. Neutral Bearish (Candle 9) Short red body with long wicks—indecision with a slight tilt towards bearish sentiment.
10. Least Bearish (Candle 10) Small red candle with large shadows. A warning that bears are weakening.
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Doji Variants (Candles 11, 12, 13): The Pause Before the Storm
Standard Doji (11): Open and close are almost identical, with moderate wicks. Neutral and indecisive.
Long-Legged Doji (12): High volatility with no net gain—tension is high, and a breakout could follow.
Dragonfly/Gravestone Doji (13): Strong intraday movement with full retraction—potential reversal signals depending on context.
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Conclusion: Reading the Emotional Temperature of the Market
Each candlestick tells a story not just through patterns, but through posture. A tall, shadowless green candle roars bullish strength, while a frail, upper-wicked red candle whispers bearish doubt.
By ranking these individual candles—from most bullish to most bearish—traders can refine their entries and exits with more nuance. When combined with multi-candle patterns and trend context, they become a powerful forecasting tool.
Here is the candles image 👇
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