(ETH) ETHEREUM "Two Options" -- The Red Doorttwo options as proposed in my graph based on the movement of Ethereum. It appears Ethereum has chosen to go through the red door this time around. Or, if it was because of Bitcoin so be it. When people refer to the news and justify financial actions based on those news events I tend to see those associations as flaky at best. The price of crypto was stated based on a large indicator of the TOTAL crypto chart to have a short. When the price fell and at the same time some news was happening, as if news isn't always happening, people have the tendency to associate big news events with the story of cryptocurrency, or whatever. This time around it was some other war. Personally, in my take, Iran was using their drones to prevent further missile attacks by Israel on Palestine. By forcing Israel to defend themselves against the drone attack this wastes many of their missiles in their artillery preventing those missiles used to defend themselves to be used as attack missiles.
2024
My Bitcoin Prediction 2024-2025 - $268,000In this analysis, I'm projecting a bullish trajectory for Bitcoin over the period of 2024 to 2025, with a target price of $268,000. Leveraging technical indicators and historical price movements, I anticipate sustained upward momentum driven by increasing institutional adoption, scarcity dynamics, and broader market trends. However, it's crucial to monitor key support and resistance levels along the way to validate this prediction and adjust strategies accordingly. Stay tuned for updates as we navigate through this exciting phase in Bitcoin's journey.
ETH - Wait For The Bears, then The Bulls📉📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ETH has been hovering with a range between $3000 and $3500.
📉 After breaking below the last major low at $3500, ETH has been bearish from a short-term perspective trading within the falling red channel.
Moreover, the $3000 - $3100 is a strong support zone.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
📚 As per my trading style:
As #ETH approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC - Detailed Video Analysis - in 2 mins!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📚 As long as the $70,000 holds, we are expecting a continuation till the upper bound of the channel and $80,000.
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
STX / USDT FUTURES LONG ON SIGHTRight now i am in short position opened nearby last high, but i don't see strong reaction in this place. I will try to look for LONG positions and maybe some additional bags for my spot account.
Actual downward movement leaves so much liquidity to grab - means that it don't have much power/momentum.
We also need spring in this little reacumulation (if it's it)
I don't know if the price will come there in recent hours, days or in weeks or months.
I will try to seek long in golden hot zone
Target - new high
ETHEREUM ETC LAYER 1 BLOCKCHAIN PROOF OF STAKEAn image showing the negative space around the price of Ethereum. This could be a potential aspect to show where the future price of Ethereum will stay based on uptrends and downtrends. This is an attempt to understand the quite confusing graph of Ethereum, not as simple as Bitcoin to analyze.
SHIB LONG TRADE FOR ATHAfter this upwards move i am more confident about future longs
I won't be suprised if price at first clear lows where my SL is and them rocket up.
At green doted bars i place my long orders. If the correction moves keep goin slowly like this, i am very sure about this position.
If someone want to join this train, green doted bars are pretty safe and high RR zones
Minimal tp is marked with my position
Optimal TP is recent height
Main TP is ATH ;)
BITCOIN PICTThe trajectory for Bitcoin in an imaginary visual field of reference basing the points on past experiential real world events and future proofing for speculative reference to determine the outcome of the current trend movement on a base of argument from which to measure how likely the price will be to continue up after a slight capitulation in price action.
The path to the crypto top for 2024As I've been writing on my analyses for crypto for the past year , I've thought that we were in a bear market bounce and that we'll still have a new low in crypto in 2024. Now that the bounce has largely played out, I think we're nearing a top for the year. I'm not bearish long term , I'm just anticipating that we only have a few more weeks of an uptrend before crypto starts to finish its bear market and starts its new bull trend.
Why do I think this?
1. If you look at this chart that I created near the top in 2021, you'll see that the lowest price target still hasn't been hit but every other level has been respected well. Usually for a bear trend to complete, price needs to make it below the 8/1 gann fan level and I'd expect it to hit my final target of $9,781.
2. Same with this chart that shows the same targets.
3. Now you may be asking why that level is so important to be hit? It's because that's the level that price broke out from in the last bull market and it still hasn't been retested in the downtrend. Typically the breakout level of a prior bull market needs to be hit prior to the next bull run so that the chart finds balance again.
As you can see from the chart , I think we have a few more weeks of running in alts. That's what I'm focused on now. The gains in BTC are minimal from here, with price to potentially go up to $48k. But alts over the next 3 weeks can still see 100%+ gains. Mostly it'll be small caps that haven't really had their time to shine yet.
I'll be starting to fully exit to cash towards the end of January. As I think Feb/March could be quite ugly.
TBD on when we bottom, but I do think it'll be sometime in 2024 when we tag the bottom box.
Let's see how it all plays out.
INJ - Bullish Momentum Persists 📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 INJ has been overall bullish , trading above the red trendline.
Currently, INJ is hovering around the trendline acting as a non-horizontal support.
Moreover, the 30.0 marked in green is a strong support zone.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and red trendline.
📚 As per my trading style:
As #INJ is around the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📈 In parallel, for the bulls to take over medium-term and start the next impulse movement that will lead to the 50.0 round number, a break above the last major high in red at 40.0 is needed.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC and ETH Leading the bull chargeI am closely watching BTC and ETH for the run-up in 2024. I prefer to invest my money into ETH and stake for Steth or ETH rewards from Lido or Gemini. Currently, look at new targets at 1.618 for both charts.
This is the beginning of the real upside before seeing any downside. Accumulating ETH at these levels. No one is watching Ethereum as much as BTC and some altcoins, so it's an excellent asset to accumulate.
In the past years, watching the relationship between BTC and ETH market caps, ETH usually stayed at least 50% of BTC's market cap. This is not to say that it can match the trend completely because the market cap changes over time, but if ETH is going to stay number two, it will need to widen the cap between the market cap of #3.
BTC => Bullish UNLESS...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
In accordance with my previous BTC analysis, BTC is currently hovering inside a massive weekly resistance zone 48k - 50k.
📈 The bulls will remain in control, unless the last low marked in red at 47,500 is broken downward.
📉 In such a scenario, the bearish correction would start leading to a movement till the lower red trendline and demand zone at 45,500.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
BTC Macro Halvings interpolated - 2020 cycle LOW is IN days awayFib time from previous cycles says - 2020 cycle LOW is IN or days away (by the end of 2022).
The interpolations says:
MAY-JUNE 2023 - BTC at 45 000 $ to 48 000 $
FEB-MAR 2024 - BTC at 15 000 $ to 16 000 $
NOV 2025 - BTC at more than 100 000 $
':)
Bitcoin - Long-Term Log View - Targeting 200k 🎯Hello TradingView Family / Fellow Traders,
🖇Following my last BTC Monthly log view analysis on November 11, 2022, we anticipated the bulls taking control after rejecting the lower green trendline and horizontal support.
What's Next?
📈 If the current all-time high (highlighted in red) is surpassed, we anticipate a 254% increase, mirroring the last bull cycle. This aligns with the upper boundary of the green channel and the 250k round number.
⚠️ However, the journey may encounter bumps, leading to sharp correction movements to shake out weak hands.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC - Top-Down Analysis 📹 Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich