ETHUSDT - 👀CATCH the HINTS 🐮Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Ethereum has been testing the parallel trend line / resistance zone. Over the last few months we've been observing lower highs, but now we can clearly see the price trying to break through the supply zone. This is evident towards the end of the bearish market and towards the end of the accumulation phase. The ETHUSDT chart is bullish for all markets, because testing the resistance zone is the last phase of the Wyckoff Method Accumulation Phase, which has to do with bearish and bullish market cycles.
Hopefully your bags are filled at this point in time. What we would be looking for next, is a CLOSE of the daily candles ABOVE the resistance zone to confirm a new support zone.
A bit more on the Wyckoff Method HERE on a BTC Chart :
Have a great weekend 🥂
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
ALTS
Healthy checkback in #CRYPTO markets (So FAR) #SHITPERPCheck back of down channel break
Where do we go?
The August high was a major resistance test and understandable point of inflection.
going forward overcoming this level , in my mind would signal Crypto Spring.
i.e Winter over!
But Spring is not summer... pullbacks and tests of key levels will still occur.
ETHBTC hints to mini Alts SeasonETHBTC has been in a range for one and a half year. Current price action is bullish and a retest of the range resistance is possible. Breakout of the range will double ETH performance over BTC.
Currently ETHBTC bounced of midrange support and retested the downward trendline it broke out of.
Similarly weekly RSI broke out of its descending trendline and retested it, creating a new upward trendline.
SNX - Accumulate for ALTSEASON ♾Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I've been making updates on altcoins that have massive upside potential and good risk to reward rations. These ideas are all spot focused accumulation phase positions, by using the dollar cost average method.
SNX is another altcoin with great upside potential. With a modest TP point only halfway from the previous high, the profit would be 520% !
Here's another excellent low risk / high reward setup:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
IMXUSDT - WATCH OUT❗ Trade with CautionHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
A quick look at IMXUSDT. The chart is not looking strong and at this point, it's looking more like a liquidity ruggpull. However, the team and the website has been confirmed to be real and not a scam so it could make a part of a diversified portfolio. The first target being the previous point with the highest volume at $1.8.
Even though there is upside potential, I would trade this coin with caution and always remember to use a stop-loss !
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
ETH Forecast 📊 (8Hr) Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
ETH Forecast 📊 (HTF)
- Liquidity has been purged to the downside
- Clean BOS to the top of our current range
- Left a clean POI behind
- Imbalance to be filled prior
- I will be looking for longs on a pullback
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
Others.D OutlookIt is a possible long-term scenario for Altcoins. As we know, Crypto is made to enhance decentralization. Concerning the fact that when Bitcoin retraces, almost 99% of Altcoins follow it does not confirm its goals. Many of the Cryptos had completely different plans when Bitcoin started its winter. Unfortunately, some of them went bankrupt, some struggling, some unclear and some resilient still.
Moment of TruthIf history is an indication to guide us in chart analysis, we are at a detrimental moment.
In December 2018, Total3 bottomed at -59.33% from the 200day. Now (if we have bottomed) we had a -54.10% from the 200day (close enough to me).
In 2018, Total3 spent 315 days under the 200day, now we have 273 days under the 200day.
We have 42 days to go which will bring us to early December coinciding with the
FIFA World Cup (The biggest Event in the world) has one of its official sponsors Crypto.com (coincidence?).
My take on all this is according to the following:
1 - Markets tend to surprise the majority of investors, so if the majority is bearish, the market tends to turn bullish.
In my research for the last few months, the majority of crypto space "people" had basically two views on the market:
a] BTC is crashing to 10k or below
b] BTC is having a relief rally while the Alts bleed
In this scenario, the only outcome that would prove the Majority wrong is a strong altcoin season with BTC retracing slowly but not getting close
to put a new ATH.
2 - Crypto Youtubers are always wrong, let me emphasise that, CRYPTO YOUTUBERS ARE ALWAYS WRONG. That is why they need to create new videos every day
so they can fix their analysis and change their theories to try to mirror the facts. Therefore, they are a good thermometer of what the herd will be doing.
Also, most Youtubers, are now cautious after the Terra disaster as lots of them were shilling Terra as the new Ethereum.
On that note, the retail investors are holding tidy their money because of what their cultist YouTubers who most likely have or either view a] or view b], are telling them.
They will wait for the BTC crash below 10k or BTC retracement alone. The majority of YouTubers are scaring people from the altcoin market, all saying BTC is the way to go.
Some YouTubers, still shill the blue ships like ETH, DOT, SOL, Link, ADA, DOGE, Shib and so on. So my take on that is that the majority of the retail will jump into the market
looking to ride the rise of those coins (BTC, ETH, DOT, SOL, Link, ADA, Doge, Shib, etc...). This brings us to an interesting point, if the majority is always wrong, the rise of those
projects is unlikely.
3 - What we call an altcoin season, is the massive rise of low-cap projects, sucking the market cap of BTC and ETH (now we can even say of all major top 5 or 10 blue ship coins).
That happened in 2017/18, therefore, that did not happen in 2021/22. Only a handful of coins reached their full Fibo extension. So we have now, coins that had their full
Bullrun and coins that did not have. My take is that, from the end of October to early February, we can possibly see an altcoin season, as it is the only scenario that will
fulfil the requirement of making the majority wrong.
4 - So this is how it should work: BTC turn bullish in 1 or 2 weeks from now and FOMO starts again. Youtubers start to go nuts and shill BTC like crazy. Some retail investors will either go all-in into BTC
or they will spread their money into ETH, DOT, SOL, Link, ADA, Doge, and Shib, expecting the past performance to repeat. Hence, those projects and BTC will not pump to new ATH, they will
in the most positive view, retrace to 80% of their previous ATH value. Here, some other projects that did not have a bull run yet (E.g. EOS, Litecoin, XRP, etc..), will be pumping hard which
will spark a FOMO into the altcoin market. The investors sitting on BTC, ETH, DOT, SOL, Link, ADA, Doge, Shib, etc... out of frustration will slowly capitulate into the other altcoins
trying to ride the wave. Even some big players will be caught pants down and throw millions into projects with no real value just to ride the wave. This whole money will keep rotating for around 3 months.
5 - After the majority of the top 300 (just guessed that one, could be more or less) coins have had their full fib extension, the whole market will crash, starting the real bear market that will last until about 2024/25.
6 - This scenario presents a BTC.D going down while its price goes up, which is another unpopular view right now as most YouTubers(cultists) are calling for a big pump on BTC dominance.
7 - It is also important to mention that, the SEC is in trouble regarding the XRP lawsuit (I do not have XRP in my portfolio). From my perspective, the SEC is set for a brutal loss that probably will bring confidence to the
the altcoin market fuelling the season, so please do not be surprised if the lawsuit finishes just within the FIFA World Cup timeframe, (coincidence?)
8 - One of the recent modern ways to invalidate someone's ideas/thinking is calling it a "Conspiracy Theory", so right now is common to see people calling other people's ideas/thinking a conspiracy theory just because they don't like it.
This is not a surprise, every person with two neurons should know that we are heading fast to a new type of dictatorship based on absolute control of what you do, enforced by technology (cameras, mobiles, Internet and so on). So it is not unreasonable to think that a bunch of powerful people set these scenarios, FIFA Cup, XRP lawsuit, and Youtubers all saying the same thing. The herd, if pleased in the right way, can be manipulated, this is how it was, how it is and how it will always be. The 1% most likely sit down together to keep or increase their power/money, why wouldn't they?
9 - The herd is louder, bigger, hysterical, violent and dangerous, but they are also lazy, immoral, hypocritical, nonsense and disloyal. If you want freedom, follow the 1%, not the herd.
Alt Market Cap Not Looking HealthyAlt Market Cap Not Looking Healthy
The Alt Market cap has recently broken down on market structure and retested key resistance and 200EMA 1hr. Core issue is the consolidation directly below key resistance at 356 which is looking like a dump could be incoming to me to the next supprot level at 342. It could be a little rocky for alts in the short term.
TOTAL - Crypto Markets in TROUBLE 📈Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Here's a quick 4min outlook at on the crypto markets as a whole, by using the total cryptocurrency market cap (currently sitting at $899M). Only a year ago, TOTAL was doing an astonishing 3T Market Cap. But as it goes with crypto, - 60% is no big surprise. By taking a look at the chart and using the Wykoff Method of chart analysis, we can see that the market still needs to bottom. This is supported by a technical analysis of the Volume, which is declining across the market. From a fundamental analysis, it is no surprise that liquidity is leaving crypto as we see some currencies like the Dollar and the DXY hitting fresh highs.
Even though the "worst" of the bearish market is still ahead, remember that this makes for a GREAT time to re-accumulate and stack up on all of your favorite altcoins! In hindsight, profits are actually made during bearish cycles.
Interested in a Short Setup for BNBUSDT ? Check out this idea 👀:
Feeling bullish instead? This is for you 🤑 :
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
BNB - potential mid-term uptrend continuationHello,
The biggest and most popular exchange token continues to be relatively stable compare to the rest of the Top 10 coins.
Moreover, the technical analysis on both the daily and weekly timeframes favors a potential uptrend continuation.
The BNB/USDT pair closed the previous seven-day period at the mid-term diagonal resistance on the 1W chart and a breakout confirmation this week, combined with the fact it bounced back perfectly from the $260 support and completed a Bull Flag consolidation, might result in a 20 percent jump to the next resistance area (from the current price levels).
This of course is if BTC and the overall markets condition does not worsen and supports a broader market relief rally instead. Additionally, the zone right below $300 is where the 21-period EMA and the last lower high sits, which can easily turn to be a rejection area for bulls.
Regards
BTC OutlookI expect 2 scenarios according to rainbow chart prior to halving.
1: White Line (similar to 2020 halving): Bitcoin can reach 50K in March 2023, then revisiting 31K in September 2023, again a bit up and down and rally starts by April 2024 when the price is near 50K. Bitcoin price will be 200K-400K by 2025 end.
2: Pink Line (similar to 2016 halving): Bitcoin can rise steadily without much up and down. It may go to 33K in February 2023. Its price can revisit 27K and rally starts by April 2024 when the price is near 50K. Bitcoin price will be 200K-400K by 2025 end.
I need to mention that Bitcoin has almost never breached below the dark blue colour since its creation. The world was not always joyful before. There were happy and sad days; therefore, I would not attribute U.S. economic stance including its inflation and interest rates, stocks correlations and DXY index, Ukraine war or other geopolitical issues with Bitcoin. It is interesting to know that Bitcoin has been denying to be correlated with these since June 2022. Checking the technical stance, we can see that MACD 12 has beaten 26 in the weekly timeframe which is a bullishness sign. Weekly RSI has also crossed through the downtrend. Some folks say it does not mean it will rise by here and it will hit the top of broken trendline, but the chance of RSI rise is 80% already. To sum up, I think this market is bullish.
$BTC & Crypto Market Analysis UPDATEDHello TradingView, today I'll be updating my previous analysis on BINANCE:BTCUSDT , the good news is we could be approaching our first buy zone.
Inside my previous analysis, we predicted BTC to hit $18,000 if $29,000 was lost. Now It's important to consider what potential outcomes can come as we sit at $18,000. H1 (orange support on chart) was set in 2019 and hasn't been touched. We are approaching the same level which could potentially act as a strong support zone, which if held will most likely lead to a run toward $33,000, if it doesn't hold I believe we will sell off to $13,970 with a potential retest of $18k range to confirm downtrend (back to $13,970, $12k then $6.6k if levels are lost).
Overall, I do have buy zones in mind and plan to act on them. It's likely that retail & institutional traders will start reacting to these buy zones, ultimately leading to our next cycle going into 2024.
This is my personal analysis and is for educational purposes only. Please do your own research and be responsible.
DCJ
SNXUSDT Long-Setup +233% GAINS 🚀Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
Here's a long setup bullish idea on SNXUSDT. I have been bullish on this altcoin for months now and have already taken 30% profit, however I have my eye on the pie 🤑 and believe that +230% is a modest increase compared to the first parabolic run on SNX which went up a whopping +1100 % .
Interested in XRP ? Check out this idea on XRPUSDT :
Have a great weekend 🥂
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
BNB Forecast 📊 (H4)Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
- We have a 4Hr Whale block
- We have large imbalance to be filled
- Looking to generate liquidity inducements before moving into our Whale Block
- If supply hold we will be looking to sweep liquidity lows
- Will monitor Whale block on LTF
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
CHZ Forecast 📊 (H2)Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
- Price is right now at our demand zone.
- Has filled out the imbalance.
- Purged the liquidity pool generated as inducement.
- We could expect price to shift bullish and fill the imbalance and also, hunt the trend line liquidity resting above.
- Waiting for a confirmation BOS as we still have a lower POI in play
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa
ADA Forecast 📊 (H2)Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
ADA Forecast 📊 (H2)
- We have a 2Hr POI
- We have large imbalance to be filled
- Looking to generate liquidity inducements before moving into our POI
- If supply hold we will be looking to sweep trend line liquidity
- Will monitor POI on LTF
- If price break POI we can look for price to turn bullish
- 200 EMA Confluence
Remember we are trading human emotions and probabilities
Hope you enjoy the content we create, You can support us with your likes and cheers 🙏🙏
❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa