Dump
So after all ETH is bullish, kind of... Crypto market is dumping, so obviously I'm not saying ETH is going to make some magic pump.
I only expect ETH to behave in a less bearish manner compared to BTC.
In my previous ideas I spotted a Cup&Handle formation with a H&S at the handle, which dumped PA to the support which then corrected with high amounts of volume.
It created this inverted H&S formation in the process :)
Confirmations already took place, so yeah ETH will be less bearish than BTC during this dump, and also probably be much more bullish after the bottom.
Expectations for alt season are rising.
LTC TO $40 on 13-14 oct LTC breaks out of rising wedge now the protentional target is around 40$. i will be loading a lot of litecoins at this price.
this is the golden opportunity that we are going to get. place your orders at 41-42 area.
take note cpi report will be published on 13 oct, if it's lower than expected value we will see a bigger pump in all markets if it's positive we will see drastic dump in all markets. lets hope for the best :)
NOTE: my twitter account was hacked, so please becareful .. i do not have any active twitter account thanks
USDT dominance breakout USDT.D has formed a large ascending triangle which is bullish. if we break upside, we will see huge dump in the market probably the last dump before the rally.
we have to wait for the breakout in order to take the action. whether to short or long the market.
most likely it's gonna break upside. it's bullish pattern also we are in the bear market. so, people will convert their assets into USDT stable coin.
DXY is also bullish but currently testing a major resistance. if it got rejected again then we will see good mini altcoin season after the dump.
don't panic :)
USDT Dominance Looking Like a Dump IncomingUSDT Dominance Looking Like a Dump Incoming
USDT looks like it is gettting primed for buying, if this crashes then naturally we should see quite a strong pump in BTC and the ALT market. The ascending broadening wedge is quite a bearish long term pattern although the key driver here is the ascending wedge and the bearish divergence on the RSI - a drop below 7.26% will confirm this.
Hard fork and death wishes for LunaLFG has announced that a hard fork will happen and this hard fork my cause the price to pump up as people assume the volatility and the price would continue go upwards. This is a trap and the this price move to the upside will be followed by a mass sell off from investors taking profits.
This may further harm investors.
Luna has massive inflation and zero belief which has caused the legal team of Luna to remove themselves from the project. This further means that the project cannot double its market cap and continue to the upside as the believe only causes massive sell off and with the inflation makes it next to impossible for the market cap to double.
Another problem is the illiquidity of the recourses in LFG recourses as they used their most liquid recourses to keep the stablecoin UST alive where as other recourses as staked in for example AVAX. LFG therefore does not have enough recourses to keep the sinking ship a float.
In the next coming days would the airdrop of the new Luna cause a short increased belief on both coins followed by the same price movement as showed in case 1 and 2 in the chart.
In the regulatory future may also the SEC increase regulations on stablecoins which further gives people less of an incentive to invest in Terra/Luna.
BTC BearishOn the mid-term I STILL believe that we will eventually reach our longs entry at the price of 17600, since the PUMP, Rally, base theory is still valid,
We have got shorts order on the base, many people will think that it's over and we're going up, but I believe that mid-term sellers will take the price down from there, don't forget that we're looking on the 4hrs/1d timeframe on this play. So they can buy from a lower level, don't forget that the people who want to take the price down, are the same people who want to take the price back up in the future, we always want the best entries, I believe that after this mouvement up, there is still a one final mouvement down to pick many orders in that level, we will see what happens next.
I AM BTCUSDT @ 8597.3USDT/TradeGod Foresight!KUCOIN:BTCUSDT
BTCUSDT was pushed from an average source value of 8597.3 back in July 2020. The success of early investors becoming millionaires etc and establishing financial freedom started a revolutionary drive and subsequently one of the largest parabolic movements to date. At this stage every degree of investor was buying the hype while the unseen reality is a return home to source and only then can this price create a new ATH.
As the Law of Rhythm states:
"Everything flows out and in; everything has its tides; all things rise and fall; the pendulum-swing manifests in everything; THE MEASUREMENT OF THE SWING TO THE RIGHT(UP); IS THE MEASURE OF THE SWING TO THE LEFT(DOWN); rhythm compensates."
You are welcome to run among the folly of indicators, oscillators, theory's of manipulation and talk of retail investors as bait. There are laws which all things in this universe must follow to maintain your substantial reality. The movements on these charts are readily foreseeable to those who focus on Knowledge and understanding from within so if your objective is to make money you will loose money.
BTC is bullishCurrently forming a bullish divergence, double bottom. Recent Point of control zone is around our bottom, most volume traded is around that area, I believe that the whales are buying in now, we could see some reversal to the upside soon on bitcoin, I won't trade the first resistance because it will look risky, but I will short the one above it because if we close, we will pump. Then we will go down to grab some liquidity before going more upwards, or just continue going downwards after filling the point of interest zone of the recent structure that we broke. First TP should be reached, then we will see.
If we fail to reach other tps and close above our first short stop loss, we will see another massive pump to the next point of interest zone.
Bitcoin: Short term: BULLISH
Mid-term: 65% Bullish
ETHW/// OLD ETHEREUM /// DUMP IT /// NOW Hi
Go and dump the ETHW
Perfect short.
This is the Ethereum on Proof of Work, no one will use this any more.
Dump it like LUNA
Dump it
Don`t FOMO, always can pump 50-100% to kill all shorts, BIG players are hunting the order books. Sell on DCA and wait for confirmations
Good Luck