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ETH-BTC

The Future of Bitcoin.Hello, I have outlined the current channel structure with two possible scenarios. As BTC climbs we will likely see a rejection at the resistance point of the channel around 25k. Macro political issues will play a role in either continuing the rise or fall of BTC. From my understanding of the global macro climate, it is highly likely Putin will launch a tactical missile(nuke). This will spark panic/fear in markets that we have not yet seen this cycle; leading to a flash crash to 12K or below in the highlighted dates. The flash crash presents an opportunity for accumulation. After the crash, the price is expected to rebound back to 29K which marks the end of the bear cycle and the beginning of a new bull cycle. Bitcoin is expected to surpass 100K.
CME:BTC1!
by BitcoinOasis
1
THOUGHT EXPERIMENT: Fed Announces Rate Increase, Price does... Look I don't care what TradingView.com says... IVE GOT THE BEST FOLLOWERS. Thanks guys! Here it is. A thought experiment is arriving at a hypothetical outcome based on an event with no prior knowledge whatsoever. I'm 2 for 2...and i can crash and burn on this one. Tomorrow as we all know the Fed will conclude their 2-day November FOMC meeting. Its highly anticipated that they will raise rates by .75 points. My jest is the uncertainty is will they pivot towards a more dovish posture, or will they maintain a more hawkish stance . Truth be told, I could care less about this. To me it's like reality TV. Who whore it better? Powell or Yellen? Jeez, I feel dirty just involving myself in this conversation. But what I do care about...is my followers. I talk to many of you via DM, comments, and even on my personal cell. I want my followers to NOT CARE ABOUT DAYS LIKE THESE. Analyze the pattern and have a plan well in advance. What the Fed does tomorrow will always be the excuse...the direction... you're already trading. SO, here's (The Specifics) what my Fed Day thought experiment entails is this. 1. Price will make a new low tonight or around the time the cash market opens at 930am EST. 2. Price will spend the vast majority of the time consolidating, with a slight upward bias into the afternoon. 3. When the Fed announces the rate decision the high that price strikes should not exceed 3912. 4. When Chairman Powell starts to the Q&A portion of the Fed Release. Price will drop precipitously. Webster defines precipitously as: Dictionary Definitions from Oxford Languages · Learn more adverb 1. very steeply. "off the coast, the depth of the sea floor drops precipitously" 2. hastily and without careful consideration. ...and there you have it. IF I'M RIGHT, THIS WILL AFFECT ALL RISK ASSETS...INCLUDING CRYPTO. If this plays out as outlined above can we please put to rest that news and events precipitate price movements....PLEASE? Best to all, Chris
CME_MINI:ES1!
by maikisch
22
ETH : Another Buy Opportunity😁ETH: Another Buy Opportunity😁 Today the DXY looks very strong this strength is favoring the USD dollar against all the other currencies and cryptocurrencies as well. We could see any price correction during the weekend by offering us another buying opportunity:) Considering that the actual situation on the Crypto market is calm and it is developing in normal conditions all this bearish move should be a normal corrective process. Thank you and Good Luck!
Long
by KlejdiCuni
23
BCASH DEAD CAT BOUNCE INCOMING THEN NEW SLOW BLEED LOWS TO $14BCASH really took a nosedive since its all time high around $4500 down almost 99%, and has yet to recover even slightly. The previous bull run where most coins went to new all time highs or at least close to their previous all time high, Bcash didnt even come close and any gains it had made in that last run was deleted in almost one single weekly candle, which proves that BCash investors cashed out of this at both tops. Only ones still holding now are small retail investors hoping to get rich or thinking that this coin actually has a future,it doesn't. BCash died a long time ago. Interest is dying in this coin, and the 51% attack it suffered a couple years ago really put a damper on this coin and the rally that followed during the latest bull run was lackluster to say the least. Indicators on the short term time frame are showing some bullishness but longer term indicators bi-weekly and monthly are still bearish and at best this next run BCash will make one more dead cat bounce before its slow bleed out over the next few years down to double and even single digit lows. Also the creator of this coin Roger Ver is a felon for one and his most recent actions involving Coinflex was a shltbag move to say the least. He literally almost bankrupt the company because he failed to cover his $45 million dollar margin call that he promised he would. Dumbass made a bad trade and now doesnt want to own up to it. The exchange needed to raise money from other investors to be able to continue its operations. There is currently a lawsuit against Ver for this. Hes a crook just like Do Kwon and BCash will suffer the same fate as Luna. Take profits or forever hold your peace! This is not trading or financial advice this is just my opinions and speculations.
Short
by Bitgolder
LUNA CLASSIC BOUNCE THEN CONTINUATION TO .00009 HEAD & SHOULDERSLUNA CLASSIC LUNC Luna seems to be bouncing within this falling channel/wedge. If LUNC has the volume and manages to break out of this wedge then I can see a nice run to .00033 and if there is enough steam and volume then a spike to .00035. At that point I believe LUNA will drop back down to previous support at .000288. Once that happens LUNA will have formed a perfect head and shoulders on the hourly all the way to the 6 hour, in which a measured move drop would bring it to its previous low in this correction at .000182. From .000182 there is hardly any real support all the way down to .00015 - .00009 and I see LUNA breaking right through .000182 after maybe a tiny bounce and then continue to bleed out all the way down to .00009ish. My previous targets still stand, I do not see LUNA taking off from here, this was a relief rally and once its over the correction will resume. I also wanted to update you Lunatics on the burns. So far since the burns started LUNA has burned about 10 Billion tokens. Binance burned about 5 billion in a week of their transaction fee burning bullshlt. This is the most important part please focus: EVEN IF LUNA BURNED 10 BILLION A WEEK IT WOULD STILL TAKE 100 WEEKS TO BURN 1 TRILLION. THE SUPPLY IS STILL ALMOST 6 TRILLION! AS SUPPLY DECREASES THE AMOUNT OF TOKENS BURNED DECREASE DRAMATICALLY. IT WILL TAKE MORE THAN 20 YEARS TO BURN 90%. I don't understand why everyone is still screaming for $1, $.10, or even a penny, itll never happen with the current supply and because this thing has no use case other than to be pumped and dumped. Then calling me stupid because I am posting the truth trying to save you poor suckers from a scam. What is wrong with you people? Did any of you pass simple 6th grade math? Is the dream state too sweet to get out of? Are you all on drugs? I don't understand what it is but something is wrong with the whole lot of you. I think in your mind you're so set on becoming millionaires that you have lost sight of common sense and what is actually happening because of the delusional dream state you're all in. It reminds me of that movie Don't Look Up. Then when the rug gets pulled and you jackasses loses all your money you start crying to mommy, stomping your feet, and wanting to sue and blah blah blah. At this point I know Ive saved a good handful of people from losing their shirts and they took profits and got out of this scam and put their money into something with true value. Kudos to you guys who did get out. The rest of you, I wish you the best and I hope that when LUNA does crash and you're money is in the whales pockets who dumped on your face this whole time, that you aren't scared to enter crypto again. These scams really put a dent in crypto adoption when they collapse, because it scares people out of the market. At least until the next bullrun when you guys buy the top and sell the bottom again. How many times does someone have to run into a glass door or lick a metal pole in the winter to realize it hurts? THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINION. GIVE ME A BOOST AND FOLLOW FOR MORE! THANK YOU AND GOOD LUCK
Short
by Bitgolder
9
LUNA CLASSIC HEAD & SHOULDERS FORMED AS PREDICTED > SLOW BLEED!LUNC is moving exactly as I predicted in my last chart (ill link it below for you non-believers). The head and shoulders has formed and LUNC is trading below it now. The neckline is broken and the price is hanging on by a thread at this point. A huge drop is coming for the measured move, down to at least .00018 and then a bounce there at the dynamic support level up to about maybe .00024. Then a quick drop back below .00018 and then a slow bleed to major support around .00009 and wicks lower to .00008 is very possible once the panic selling starts and the staked coins start to become un-staked and sold. Anyone who is staking LUNA is screwed in my opinion cause it takes something like 20 days to unstake and by the time they get them the price will be .00009 if they are lucky. LUNA CLASSIC will never burn the coins everyone is hoping it will burn. All this burn talk and Binance burn is to literally keep the suckers hanging on so the big fellas can dump it on their chin. Oh and for USTC to re-pegg it needs to be trusted and used as a stablecoin, that will never happen so drop that idea right out of your heads right now. Shame on LUNA for screwing you all the first time but, Shame on you all for getting screwed twice in a row with this sh!tcoin! Also for all the you-tubers out there pumping this piece of horsesh!t, phuck you too, you're all sh!tbags for screwing over innocent people so you can get your damn clicks, karma is a MF. Get phucked! THIS IS NOT TRADING OR FINANCIAL ADVICE THIS IS JUST MY OPINION. GIVE ME A BOOST AND FOLLOW IF YOU WOULD LIKE TO SUPPORT MY WORK. THANK YOU AND GOOD LUCK OUT THERE. THIS IS MY PREVIOUS CHART I MADE SAYING THAT THE PRICE ACTION WAS NOT GOING TO FORM NEW HIGHS WHEN EVERYONE WAS SCREAMING LUNC NEW BULL RUN. I SAID INSTEAD IT WOULD FORM A HEAD AND SHOULDERS AND THEN CONTINUE THE DROP.
Short
by Bitgolder
18
ETHW BOTTOM IS IN! NEXT RUN UP ABOUT TO START, ALL ABOARD!ETHW looks like its about to make its next run up. This will be wave 3 and the previous high around $14 will be a blip on the chart. I can see ETHW running to about $40 on this next run and possibly higher depending on how much attention it receives. I think the bottom was around $7.60 like I predicted in my previous chart which was major support. Invalidation of this idea would be a break of $7.50 and a close on at least a 4 hour. If that happens then I would expect a move down to next support around $5 with wicks down to about $4. At that point we will revisit and re-evaluate. I dont think this will happen though, I think ETHW has found its bottom on this wave 2 correction. This is not trading or financial advice this is just my opinion. Thank you and if you like my work, please support me by giving me a boost and follow me. Good luck out there everyone. This was my previous charts showing the move that was just completed.
Long
by Bitgolder
5