Axion News
2 Posts
Axion News
Report
Block User
10 Following
1 Followers
0 Liked
Posts
·
--
[ETH DAILY 08/11] Ethereum ($ETH) Today: Stay on the sidelines and wait for confirmation
ETH is caught between opposing forces today, so it’s better to be patient and observe than rush into a trade.
The overall picture
- D1 (daily timeframe): the trend is still upward, even though the short-term move is going the other way.
- H4 (4-hour timeframe): trending downward.
- My view: stay on the sidelines. The daily and 4-hour timeframes are pulling in opposite directions, so wait for price to choose a direction.
Why haven’t I entered a trade?
- The most recent H4 high is at 2,527. Price hasn’t broken above it and is still 13.0% away.
- The most recent H4 low at 2,173 is still holding, with the current price 2.9% higher.
- Momentum is weakening: the D1 MACD is still green, but its bars are getting shorter; an ADX of 23 indicates the trend isn’t strong enough yet.
Price levels worth watching
- Support: 2,173 (most recent H4 low).
- Resistance: 2,404–2,446, a supply zone overlapping with the H4 Order Block.
- Potential buying zone: 2,173, to be considered only if there’s a confirmation signal.
- Potential selling zone: 2,404–2,446, also only if there’s a confirmation signal.
Two possible scenarios for today
- Bullish: price must hold above 2,173 and break above 2,446 to confirm upward momentum. The next target is 2,464.
- Bearish: if price breaks below 2,173 and fails to reclaim this level, the trend could weaken. The next target is 1,900.
When would this view be invalidated?
If an H4 candle closes above 2,446 or below 2,173, the market will have chosen a direction, and I’ll reassess from scratch.
Risks to keep in mind
- The average daily range is around 4.2% (D1 ATR), so price could easily sweep through these levels before choosing a true direction.
- An Order Block is only an area to watch; it won’t always hold price. Macroeconomic news can trigger sharp price moves and slippage.
Price at the time of writing: 2,237 USDT (10:02 08/11/2026, UTC+7). Markets change very quickly, so remember to set a stop loss on every trade.
This is a personal opinion for reference only, not investment advice.
#ETH #Ethereum #MarketUpdate
[ETH DAILY 08/11] Ethereum ($ETH ) Today: Stay on the sidelines and wait for confirmation
ETH is caught between opposing forces today, so it’s better to be patient and observe than rush into a trade.
The overall picture
- D1 (daily timeframe): the trend is still upward, even though the short-term move is going the other way.
- H4 (4-hour timeframe): trending downward.
- My view: stay on the sidelines. The daily and 4-hour timeframes are pulling in opposite directions, so wait for price to choose a direction.
Why haven’t I entered a trade?
- The most recent H4 high is at 2,527. Price hasn’t broken above it and is still 13.0% away.
- The most recent H4 low at 2,173 is still holding, with the current price 2.9% higher.
- Momentum is weakening: the D1 MACD is still green, but its bars are getting shorter; an ADX of 23 indicates the trend isn’t strong enough yet.
Price levels worth watching
- Support: 2,173 (most recent H4 low).
- Resistance: 2,404–2,446, a supply zone overlapping with the H4 Order Block.
- Potential buying zone: 2,173, to be considered only if there’s a confirmation signal.
- Potential selling zone: 2,404–2,446, also only if there’s a confirmation signal.
Two possible scenarios for today
- Bullish: price must hold above 2,173 and break above 2,446 to confirm upward momentum. The next target is 2,464.
- Bearish: if price breaks below 2,173 and fails to reclaim this level, the trend could weaken. The next target is 1,900.
When would this view be invalidated?
If an H4 candle closes above 2,446 or below 2,173, the market will have chosen a direction, and I’ll reassess from scratch.
Risks to keep in mind
- The average daily range is around 4.2% (D1 ATR), so price could easily sweep through these levels before choosing a true direction.
- An Order Block is only an area to watch; it won’t always hold price. Macroeconomic news can trigger sharp price moves and slippage.
Price at the time of writing: 2,237 USDT (10:02 08/11/2026, UTC+7). Markets change very quickly, so remember to set a stop loss on every trade.
This is a personal opinion for reference only, not investment advice.
#ETH #Ethereum #MarketUpdate
ETH is caught between opposing forces today, so it’s better to be patient and observe than rush into a trade.
The overall picture
- D1 (daily timeframe): the trend is still upward, even though the short-term move is going the other way.
- H4 (4-hour timeframe): trending downward.
- My view: stay on the sidelines. The daily and 4-hour timeframes are pulling in opposite directions, so wait for price to choose a direction.
Why haven’t I entered a trade?
- The most recent H4 high is at 2,527. Price hasn’t broken above it and is still 13.0% away.
- The most recent H4 low at 2,173 is still holding, with the current price 2.9% higher.
- Momentum is weakening: the D1 MACD is still green, but its bars are getting shorter; an ADX of 23 indicates the trend isn’t strong enough yet.
Price levels worth watching
- Support: 2,173 (most recent H4 low).
- Resistance: 2,404–2,446, a supply zone overlapping with the H4 Order Block.
- Potential buying zone: 2,173, to be considered only if there’s a confirmation signal.
- Potential selling zone: 2,404–2,446, also only if there’s a confirmation signal.
Two possible scenarios for today
- Bullish: price must hold above 2,173 and break above 2,446 to confirm upward momentum. The next target is 2,464.
- Bearish: if price breaks below 2,173 and fails to reclaim this level, the trend could weaken. The next target is 1,900.
When would this view be invalidated?
If an H4 candle closes above 2,446 or below 2,173, the market will have chosen a direction, and I’ll reassess from scratch.
Risks to keep in mind
- The average daily range is around 4.2% (D1 ATR), so price could easily sweep through these levels before choosing a true direction.
- An Order Block is only an area to watch; it won’t always hold price. Macroeconomic news can trigger sharp price moves and slippage.
Price at the time of writing: 2,237 USDT (10:02 08/11/2026, UTC+7). Markets change very quickly, so remember to set a stop loss on every trade.
This is a personal opinion for reference only, not investment advice.
#ETH #Ethereum #MarketUpdate
16
·
--
[BTC DAILY 08/11] Bitcoin ($BTC) today: Stay on the sidelines and wait for confirmation
Today I’m choosing to sit tight and watch, because the market is caught in a tug-of-war.
1. WHAT’S THE MARKET DOING?
- D1 (daily timeframe): the trend is still up, but the short-term move is going the other way.
- H4 (4-hour timeframe): currently in a downtrend.
- My view: stay on the sidelines. The daily and 4-hour timeframes are pulling in opposite directions, so I’ll wait for price to choose a direction before deciding what to do.
2. WHY AM I BEING CAUTIOUS?
- The most recent H4 high is at 84,875, and price still hasn’t broken above it (still +12.0% away).
- Price has broken below the most recent H4 low at 79,732.
- Momentum is weak: D1 MACD is red, with the bars getting deeper, while ADX at 20 suggests the trend lacks strength.
3. PRICE LEVELS I’M WATCHING
- Support: 74,811 (20-day low).
- Resistance: 79,910 - 80,928 (supply zone, H4 Order Block).
- Potential buy zone: 74,811, but only if there’s a confirming signal.
- Potential sell zone: 79,910 - 80,928, also only if there’s a confirming signal.
4. TWO POSSIBLE SCENARIOS
- Bullish: price needs to hold above 74,811 and break through 80,928 to confirm the uptrend. Next target: 82,595.
- Bearish: if price breaks below 74,811 and fails to reclaim this level, the trend could weaken. Next target: 63,595.
5. WHEN WOULD I BE WRONG?
If an H4 candle closes above 80,928 or below 74,811, that would mean the market has chosen a direction, and the whole picture would need to be reassessed.
RISKS TO KEEP IN MIND
- The average daily range is around 3.0% (D1 ATR), so price could easily sweep through these levels before truly choosing a direction.
- An Order Block is just an area to watch; it won’t always hold. Macroeconomic news can trigger sharp price moves and slippage.
Price at the time of writing: 75,795 USDT (10:02 08/11/2026, UTC+7). The market moves very quickly, so remember to always set a stop loss.
This is my personal view for reference, not investment advice.
#BTC #Bitcoin #MarketUpdate
[BTC DAILY 08/11] Bitcoin ($BTC ) today: Stay on the sidelines and wait for confirmation
Today I’m choosing to sit tight and watch, because the market is caught in a tug-of-war.
1. WHAT’S THE MARKET DOING?
- D1 (daily timeframe): the trend is still up, but the short-term move is going the other way.
- H4 (4-hour timeframe): currently in a downtrend.
- My view: stay on the sidelines. The daily and 4-hour timeframes are pulling in opposite directions, so I’ll wait for price to choose a direction before deciding what to do.
2. WHY AM I BEING CAUTIOUS?
- The most recent H4 high is at 84,875, and price still hasn’t broken above it (still +12.0% away).
- Price has broken below the most recent H4 low at 79,732.
- Momentum is weak: D1 MACD is red, with the bars getting deeper, while ADX at 20 suggests the trend lacks strength.
3. PRICE LEVELS I’M WATCHING
- Support: 74,811 (20-day low).
- Resistance: 79,910 - 80,928 (supply zone, H4 Order Block).
- Potential buy zone: 74,811, but only if there’s a confirming signal.
- Potential sell zone: 79,910 - 80,928, also only if there’s a confirming signal.
4. TWO POSSIBLE SCENARIOS
- Bullish: price needs to hold above 74,811 and break through 80,928 to confirm the uptrend. Next target: 82,595.
- Bearish: if price breaks below 74,811 and fails to reclaim this level, the trend could weaken. Next target: 63,595.
5. WHEN WOULD I BE WRONG?
If an H4 candle closes above 80,928 or below 74,811, that would mean the market has chosen a direction, and the whole picture would need to be reassessed.
RISKS TO KEEP IN MIND
- The average daily range is around 3.0% (D1 ATR), so price could easily sweep through these levels before truly choosing a direction.
- An Order Block is just an area to watch; it won’t always hold. Macroeconomic news can trigger sharp price moves and slippage.
Price at the time of writing: 75,795 USDT (10:02 08/11/2026, UTC+7). The market moves very quickly, so remember to always set a stop loss.
This is my personal view for reference, not investment advice.
#BTC #Bitcoin #MarketUpdate
Today I’m choosing to sit tight and watch, because the market is caught in a tug-of-war.
1. WHAT’S THE MARKET DOING?
- D1 (daily timeframe): the trend is still up, but the short-term move is going the other way.
- H4 (4-hour timeframe): currently in a downtrend.
- My view: stay on the sidelines. The daily and 4-hour timeframes are pulling in opposite directions, so I’ll wait for price to choose a direction before deciding what to do.
2. WHY AM I BEING CAUTIOUS?
- The most recent H4 high is at 84,875, and price still hasn’t broken above it (still +12.0% away).
- Price has broken below the most recent H4 low at 79,732.
- Momentum is weak: D1 MACD is red, with the bars getting deeper, while ADX at 20 suggests the trend lacks strength.
3. PRICE LEVELS I’M WATCHING
- Support: 74,811 (20-day low).
- Resistance: 79,910 - 80,928 (supply zone, H4 Order Block).
- Potential buy zone: 74,811, but only if there’s a confirming signal.
- Potential sell zone: 79,910 - 80,928, also only if there’s a confirming signal.
4. TWO POSSIBLE SCENARIOS
- Bullish: price needs to hold above 74,811 and break through 80,928 to confirm the uptrend. Next target: 82,595.
- Bearish: if price breaks below 74,811 and fails to reclaim this level, the trend could weaken. Next target: 63,595.
5. WHEN WOULD I BE WRONG?
If an H4 candle closes above 80,928 or below 74,811, that would mean the market has chosen a direction, and the whole picture would need to be reassessed.
RISKS TO KEEP IN MIND
- The average daily range is around 3.0% (D1 ATR), so price could easily sweep through these levels before truly choosing a direction.
- An Order Block is just an area to watch; it won’t always hold. Macroeconomic news can trigger sharp price moves and slippage.
Price at the time of writing: 75,795 USDT (10:02 08/11/2026, UTC+7). The market moves very quickly, so remember to always set a stop loss.
This is my personal view for reference, not investment advice.
#BTC #Bitcoin #MarketUpdate
75
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number
Trending Topics
JobsReportRaisesHikeOdds
550,327 views
3,486 Discussing
TradFi News | US Adds 165,000 Jobs in October, More Than Double the 65,000 Forecast, as Unemployment Falls to 4.1%
Binance News
·42 Likes
·24.3k views
CPITestsDecemberRateOutlook
170,236 views
1,218 Discussing
US Data Center Rules May Constrain AI Expansion
76,837 views
230 Discussing