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D-ETH

ETHUSDT - DUMP before the PUMP 📉📈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. A quick look at potential short term price action for Ethereum / ETHUSDT . There could be a chance for a quick swing trade here. In this video, I briefly discuss the technique I use to get to the short term price target - the 20d Moving Average. This technique involves using Bollinger Bands with Fibonacci Retracement lines and multiple indicator Phoenix Ascending which contains the LSMA, RSI and EMA. This video is my short term prediction for ETHUSD. However, from a macro perspective, I believe that we are currently in the market cycle of accumulation. This is according to the Wyckoff Method market phases. The four phases of the market cycle are accumulation, markup, distribution, and markdown. During the accumulation phase, a new cycle begins that generates a trading range. This often creates a strong resistance zone / failure point / spring . This is the precursor to another bull cycle, but it can last an extended period of time. The final moments of this phase will attract algorithm trading driven stop hunting , often observed near downtrend lows, where price drops just underneath key support and then triggers a sell-off. This is followed by a recovery wave that lifts the price back above support. Incase you missed it - What Is Stop Hunt ? Stop hunting is a strategy that attempts to force traders out of their positions by driving the price of an asset to a level where many people have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and this is often very obvious during the accumulation phase of the Wyckoff Method. This implies that there may be volatility during this phase as the price constantly rises and falls. If we take all of the above into consideration, Ethereum can still drop and increase (within a range) multiple times until a clear bottom is established and the next markup phase / bull cycle starts. This makes for a great time to accumulate, and even do a few swing trades with relatively low risk. Also check out this related idea on Cardano / ADAUSDT : _________________ 👀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
by CryptoCheck-
43
How BTC Gets To $500k - BE PREPARED MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space. This is how BTC gets to $500k, This will also be when its amazing to accumulate ALTs BE PREPARED and DO NOT MISS THIS OPPORTUNITY ------------------------------------------------------------------------------------------------------------------------------------------------------------ If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below ------------------------------------------------------------------------------------------------------------------------------------------------------------
COINBASE:BTCUSDLong
by MartyBoots
17
BTC & ETH Close To A Bottom - What To Look For MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space. IF THIS PLAYS OUT THE LOWS IN ALTS ARE ALMOST IN There is a chance that ETH and BTC are close to a bottom and we in CryptoCheck intend to be prepared for it Many ALTs are also close to a bottom and starting to get good for accumulation ------------------------------------------------------------------------------------------------------------------------------------------------------------ If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below ------------------------------------------------------------------------------------------------------------------------------------------------------------
COINBASE:BTCUSDLong
by MartyBoots
10