D-ETH
ETH Ethereum Technical Analysis & Trade IdeaTaking a look at Ethereum. In the video we look at key levels of support and resistance and where the market is likely to trade to. We can see it has rejected the high, retested and failed and I'm waiting on an opportunity to short this if there is any follow-through and we get an ideal set-up as in a further break, retest and fail to the downside.. Not financial advice.
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. You can see the butterfly pattern made. We expect it to have a correction to the S1 line and if it is supported there, it will move toward the resistances. If the price breaks the S1 line, then S2 would be the next support.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
BTC Ended at Target. Overview of BTC, BNB, ADA and OthersNot in BTC currently. took ~2% loss on small position at the timeframe change. I wanted to see the buy up from there to increase position, which did not happen. I am technically still in AMD call options, which could be brutal tomorrow.
I dont like this unless we can return to the start of the Week candle open. Which I feel is unlikely because of what is described below and in video.
BTC ended 4 bucks above my target of 37,910. Week buyers did not come in. The week candle is set up in a way that it is bullish when it is at its opening spot of 37,914 (bitfinex). The big issue for me here is that no other timeframe really says to buy the price up without conflicting with another timeframe. The targets are all over the place, which i think will make the movement most likely downwards and choppy. Also the other target for BTC bounce from the week perspective (bitstamp 500 hull) would be 33,600 (around there). The issue with that is on every other timeframe we are out of the channel. I just don't see a reason for people that trade on the week to want to put in any sort of amount of money to be able to push this up against every other time frame.
Also there are a bunch of alts that are in very sketchy spots for their ALT/BTC charts. The ALT/USD pair was already struggling and I think we will have a chain reaction here, sending us downwards. Support and resistance between every timeframe is arguably bad and conflicts, mixed with people cycling out of their alts into BTC and then back into USD.
I explain what I wrote in the video, but if you want to see the alts, just skip through a bit.
Main Idea Update Page:
If you want to copy the Schiff Pitchfork:
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. The price is moving above the S1 support. There are the S2, S3, and S4 supports too. There is the S2 support which has rejected the price. If the S1 support holds, the price can move up to the R1 line. But if it loses power, it can fall down to S2 and if S2 is broken, it can move down to S3 and if S3 is also broken, it can move down to other supports. If it goes up and breaks the R1 resistance, it can move up to the R2 zone. In the 4-hour time frame, the price can make a pullback to the S1 line and then go up.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Victor Cobra's Crypto Market Update 1.26.22 - "Substance" In this video, I talk about what's going on in the market, including Bitcoin Dominance. I also talk about investing in "substance" and why crypto (in its current state) does not fit this form.
This is not meant to be financial advice. This is meant for speculation and entertainment only.
-Victor Cobra
ADA correctionHello everyone,
ADA's price increased over the past few days. However, due the breakout I am expecting a correction in price in order to test the previous resistance level which is support level now.
Hopefully, after the correction we will see a definitive bullish push.
Have a nice trading week.
RISK OFF in Cryptos and Stocks. What next?Back in November 2021 (the last video I edited in TV) , I exposed my concerns for the crypto market, and the reasons for my massively reduced exposure to the asset class. In this video , I explore my current view of opportunities lying ahead BUT as a always within a time frame that risk exposure that need to be suited to every single active trader/investor. I hope you'll enjoy it and I m looking forward to your feedback.
CryptoMarket Update (#4) : Hidden Bullish Divergences ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. The price has fallen down to the S1 zone which can be a good place to buy for the R1 resistance as shown by the arrow. It is less likely for the S1 zone to be lost but if it is, then the S2 zone would be the next area for support. If R1 is broken, the next target would be the R2 zone and if R2 is also broken, then it can go higher. There is no need to worry. This is the nature of the market. There will for sure be a time when the market will recover. Those who are in loss can wait for the good time as shown on the chart to come out of the trade.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Why BTC will reach 10kIn this video, I explain why BTC will eventually reach sub 20k levels.
BTC likes to drop 85% from all-time highs, we've seen this in 2013 and in 2017.
Adding to that, the current head and shoulder playing out measures a price target to 10k, which is exactly 85% from all-time highs.
Coincidence? I think not.
So what do we do now?
Work hard and save cash.
You don't want to exhaust your cash buying every little dip.
Share your ideas and let us know what you think.
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame. Previously we said that the inverse head-and-shoulder pattern is being formed. There is the R1 resistance which the price hit, was rejected and now is coming down. You can set a Buy order at the area which we have shown on the chart. If it stabilizes above that line, it will go up to higher targets the first one of which is R1, if R1 is broken then R2, and if R2 is also broken then higher prices will be the target. However there is the possibility for the price to go down to the S1 line and then go up. In that case we can set a Buy order there too. If it goes below the S1 line then it will fall more but we do not predict that to be very probable. Our head-and-shoulder pattern stands on its own and the price can complete it in the coming weeks if the R1 and R2 lines are broken and if not then our scenario is failed.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ETHUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. You see that the price can create a nice head-and-shoulder pattern. The price is now between the R1 and S1 lines. It can go up to the R1 line and if the selling pressure is high, it will fall down to the S1 line. Or it can break the R1 line and after a little rise above the R1 line, make its pullback to complete the right shoulder of the pattern. If it is able to come out of the bear trap and go even higher, then the next target for the price will be R2. But we think that the price is creating the head-and-shoulder pattern and you had better save the profit at the two areas shown.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
ETH Ethereum Technical Analysis & Trade IdeaTaking a look at #ethereum #ethusdt at the moment we just had a trade alert fire, as per the charts, we can see the break out. I'm waiting for the pull back down into the mean, and I'll be looking for a buy opportunity. Be aware this is trading into big resistance. Whether there's enough liquidity there too cause the re-trace or not remains to be seen. USD is fairly weak and I'm expecting the crypto market to take off pretty much. My entry level is as per the video. Not financial advice.