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cryptolevels Ideas

Ethereum Price Prediction: Slightly Bearish Outlook for the Next 24 Hours

The Securities and Exchange Commission (SEC) Expected Approval of Ethereum Spot ETFs The Securities and Exchange Commission (SEC) expected final approval of eight exchange traded funds (ETFs) applications chugs along in the US. The approval of their registration statement is expected by July 4, according to the news agency Reuters. They are thereafter ready to be listed. Market Forecast for Ethereum Spot ETFs “As with Bitcoin Spot ETFs, once the SEC signs off, ETFs could start trading within 24 hours. The Bitcoin ETFs have received $14 billion of net inflows, and various comparisons - market cap, ETFs based on futures, etc. indicate that...

By NovaX
Updated 6 days ago
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Bitcoin and Ethereum Price Analysis: Latest Market Trends and Insights

Bitcoin and Ethereum Morning Update Good morning, we are back close to the MarchVWAP on ETH 🚨 Still needs to be flipped for the trend to reverse on the higher time frame, if we get this reclaim we are looking for scalps on some assets but thats for later. This setup on ETH with the multiple retests on the cluster reminds me of another setup on ETH just close before we saw the big increase before the ETF happening. On BTC things are looking good as we held the most important level for now the MarchVAL. But on BTC the MarchVWAP is...

By NovaX
Updated 2 weeks ago
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Bitcoin Price Analysis: BTC/USDT Chart Reveals Key Support Level – What Comes Next for Cryptocurrency Traders?

BTCUSDT What a move from 66400 as we discussed in our last idea and congratulations to all followers. We already discussed about 64450 in our last couple of ideas, you can check our last ideas about BTCUSDT. Importance of 64450 Level That level has much importance on the chart, especially in the weekly and daily chart if you can see. Keep a close eye on that level 64450. If the market clears that level, then you can see a smooth drop and it will lead you towards 62k, 60k, and up to 58k. Don't be lazy here. Good Luck! Trade wisely.

By NovaX
Updated 2 weeks ago
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Unlocking the Potential: XRP’s Short-Term Boost with the Falling Wedge

Unveiling the Falling Wedge: A Short-Term Boon on the 4-Hour Chart Understanding the Falling Wedge The falling wedge, as the name suggests, is a bullish reversal pattern. It's formed by two converging trendlines, with price action creating lower highs and lower lows, but at a decreasing rate. Imagine a wedge shape being squeezed from top to bottom, with the narrowing gap hinting at a potential price reversal to the upside. This pattern signifies a period of consolidation where bears (sellers) are gradually losing momentum. While the price continues to fall, the decreasing distance between the trendlines indicates diminishing selling pressure. Bulls (buyers) start...

By NovaX
Updated 2 weeks ago
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Ethereum Price Prediction: ETH Expected to Reach $2,800 in 3 Days, Followed by a Rebound

May approvals of spot ETH ETFs in the US seem out of question. The meetings held between the asset managers that have filed spot Ether ETF applications and the Securities and Exchange Commission (SEC) have been one-sided and discouraging, CryptoSlate reports. This is in stark opposition to the meetings held ahead of the SEC’s approval of spot Bitcoin ETFs in January, when the regulator had provided significant feedback on the applications. The price of Ether dropped 3.4 percent to $3,208 over the past 24 hours. ☁️ Bearish clouds linger over the global crypto market Over the next 24 hours, including Bitcoin and Ether,...

By NovaX
Updated 2 months ago
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Euro to Dollar Forecast: April 26th, 2024 – Expert Analysis and Predictions

Validity : Monday Afternoon 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 4 Hours Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR ASSUMPTION & EMOTIONS HAS NO VALUE IN THE MARKET Our motto is to help each and every individual to reach and achieve their financial goals across the world by empowering individuals with the accurate knowledge and skills necessary to navigate the complexities of the financial markets successfully. 💪 Please NOTE 👉 Levels shared...

By NovaX
Updated 2 months ago
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Bitcoin Price Analysis: Brace for Volatility in BTC/USD Trading

Bitcoin Rollercoaster Ride Continues Let's revisit our last analysis with the plot thickening due to recent market developments. Weekly charts show higher highs, while daily charts witness multiple touch retests of the $60k support (previous ATH). It feels like a high-stakes game, and we're fully engaged! Decision Time for Traders The burning question is: Are we prepared to dive back in? Despite the possibility of a drop to $30k, the excitement lies in taking risks rather than playing it safe. Trading Responsibly While some may choose to be bold, always remember to trade responsibly. It's real money involved, not a game. Stay informed and be...

By NovaX
Updated 2 months ago
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Ethereum Price Forecast: ETH/USD Analysis for April 15th, 2024

🔴 Resistance - 3268 🔴 🚀 Target - 3309 - 3362 🚀 🟢 Support - 3251 🟢 🚀 Target - 3220 - 3158 🚀 🚫 Manage Your Risk & Reward According to Your Risk Management 🚫 🔥🔥 Levels Work Best on 15 - 60 Minute Time Frames 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE BASED ON WHAT YOU SEE, NOT ON ASSUMPTIONS 2. FOLLOW THE TREND BECAUSE THE TREND IS YOUR FRIEND 3. THE CHART IS SUPREME 4. YOUR ASSUMPTIONS AND EMOTIONS HOLD NO VALUE IN THE MARKET Our goal is to assist individuals worldwide in reaching their financial goals...

By NovaX
Updated 2 months ago
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Unveiling XRP’s Remarkable 20.000% Surge: What’s Driving the Rally?

Explanation of my video analysis: After XRP has been trading in a triangle formation for over four years, we saw an expected breakout in 2017 followed by a rally of +25.000%. Exactly five years ago XRP then started forming a similar triangle (continuation) pattern and if we see a breakout towards the upside and a break above the resistance mentioned in the analysis, we could maybe see a similar rally. I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.

By NovaX
Updated 2 months ago
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