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3000

ETH - Bullish Unless...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 As per my last analysis, attached on the chart, ETH rejected the $2000 support zone and surged by over 25%. What's next? As long as the bulls hold, a movement towards the $3000 - $3100 resistance zone would be expected. 📉 In parallel, if the last 4H low at $2600 is broken downward, a bearish movement towards the $2100 would be possible where we will be looking for new short-term longs. 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
Long
by TheSignalyst
3
€3000 by 21.05.21 ?What an amazing week it has been for ETH and the Ethereum Community, there has been some serious shockwaves with the announcement of adoption by major banks to use the ETH2 protocol as a transport layer between private blockchains and CBDC's, the European Investment Bank just announced they are using Ethereum smart contracts to issue €100m bonds in conjunction with JP Morgan, Santander, Credit Agricole while the protocol is evolving using technology like Hyperledger Besu and Consensys Quarum to connect the banks to the blockchain. This new has of course created lots of retail action some incoming from BTC, FOMO is starting to kick in, can ETH get to €3000 by 21.05.21 or maybe sooner?
Long
by TobesVibration
2
Downside Risk To $3800/$3700 in the next 24 hours . uncertainty price in the bitcoin price, write your price for bitcoin 24 hours from now write your price for bitcoin 24 hours from now write your price for bitcoin 24 hours from now write your price for bitcoin 24 hours from now write your price for bitcoin 24 hours from now write your price for bitcoin 24 hours from now write your price for bitcoin 24 hours from now write your price for bitcoin 24 hours from now write your price for bitcoin 24 hours from now
Short
by TIKITAKAAFFILIATE2020
5
SP500 won't go much further up from 3000Below is technical analysis based on chart readings. Refer to chart for macro commentary. SP500 meaningfully tested 3000 five times in the past 12 months. First two formed an M resistance - didn't break through. Third time was also two very close attempts - didn't break through. Finally, in July, we have seen 3000+ twice. One's already past us, the other one - we are in it right now. Does this look familiar to you? Another M shape maybe? Coupled with the macro conditions, I believe the market cannot go much higher from now on, and will correct 10-15% by Dec 2019. I have sold my SPY . Planning to enter below strategy this week: Short 270 SPY call Dec2019 Long 300 SPY call Dec2019 Initial credit to buy TLT Monthly covered call on TLT I will close above strategy by Dec 2019. Fingers crossed.
OANDA:SPX500USDShort
by WhatsTrading
2
BTC TO 6000$+ or Major crash ? ALT-COIN ready to BlastHi guys, Hope All are you well. I am sorry for being late. These days I was hunting Market. Ok< Lets talk about main topic. If your search BTC.D on Tradingview , You will get a chart of btc dominance calculated by tradingview. I will attach a PICTURE too here So, As you can see here we reached Btc-dominance of 58.18, for me I think market will reject the level and we will reach Dominance support at 55.86. If this happen we will see huge growth in ALT_COIN ( Approx 1.5X--2X ) In this mean time Our market-cap should increase. If dominance are decreasing and market cap not increasing we will see approx 700$--1000$ drop in BTC. But if dominance deceasing and market-cap increasing we will see healthy growth both in btc and altcoin. Now what will happen if Market cap does not increase and dominance still continue increase ? The next resistance for 61.51 if we reach there you will see btc stable near 6000$ but altcoin will crash heavily( Approx -40% ). Why ALTCOIN crash when BTC dominance increase ? Because the rest amount in ALTCOIN get out from ALTCOIN and come to BTC. Hope you undersstand. Stay tune....I see you tomorrow
Long
by Anonymus_Trader2100000
The reason why we're not going to fall bellow 6000Is this pitchfork that I've drawn to the downside. As you can clearly see we went through it. The last opportunity for the crash was on 1st of October. Just take a good look at it, it would be a perfect timing. A lot of people say explosive move is coming to the downside or upside, but I disagree with all of them. I think we're just gonna continue sideways and hold the 6500 support. When we break out of the triangle I suspect a move to the upside to 7400 (previous high) and an immediate drop back to 6500. We're in the accumulation zone, it's going to take a while for BTC to start setting new higher highs.
BITFINEX:BTCUSD
by supremetrejdr
2
The most insane outcomeMarket gets destroyed on 8th of October, last candle left on the daily chart before the breakdown. It goes past 5000 and 4300 because of the people panicking thinking it will go to zero. It bottoms at the most obvious support 2900 and bounces off all the way up to 5444 which will be used as a resistance point and then the horror movie begins all the way down to 1300 where the institutional money is waiting. In that case I'd expect some horifying news coming out, like: Tether and Bitfinex shuts down, Bitmex exit scams etc. Personally I don't believe this is going to happen. I'm just giving you the worst possible outcome to scare the s* out of you. Have a good day! :)
BITFINEX:BTCUSDShort
by supremetrejdr
2
SPXRalph Elliot speaking from beyond the grave.... Typically speaking, wave 4 retraces 23-38%. We are on an extended wave 5 of wave 3. Those 2 rectangles are measurements: 1.618 x wave 1, 2.618 x wave 1. Wave 3 typically terminates around 1.618 wave 1 (watch that 3000 area. It may not even reach it, but if it did and hit the top of the 2.618 box, that's a sell all day. I could go down to the last wave and explain it better but you guys, but you don't pay me enough... Just kidding, I'm lazy. Commodities are down. Look at Silver, Platinum, Natural Gas even. If stock market goes into wave 4 retrace, money will be moved to safer investments perhaps. In fact, I feel that I have pretty much all markets sewn up at this point.
SP:SPX
by thillygoosth
5
BTC is gonna tank to 4300Maybe they're waiting for ETF rejection so that they can have an excuse to dump it. In that case we will need to wait until 1st of October. Short term I'm expecting we will go up to 6600 or 6800. This bear market is far from over. BTC needs to hit at least 4300, this is where the buyers are waiting and it's showing the strongest support. RSI on the weekly chart says 43, it needs to drop to 35, potentially 30 (in case we crash to 2800). Another thing worth to mention is that the last bull market lasted from October 2015 to December 2017. So 2 years and 2 months. Bear market should last half of this period so we have at least 5-6 months left before we can start thinking about Lambos.
BITFINEX:BTCUSDShort
by supremetrejdr
3