ETH-BTC
SOL ADA SFUND ENJ DOT look like trashBoy we're glad we sold $SOL LONG AGO!
Something didn't look right after last green bump 11/5 & since then, nothing but sells
$SFUND & $ENJ Tiny trailers, great sells too
$BNB $DOT sold off huge after sells @ blue line
Dishonorable mention $ADA = TRASH
#cryptomarket #Crypto
$VGX Long on Daily, $1.20 again??With news of #Binance putting in a new bid for #Voyager, #VGX has been soaring. It is testing the bottom of the triangle (old support, which is now resistance). If breaks through we can see $.70. Will it hit $1.20 again???
ETHUSDT | We are waiting for the exit from the pattern and dial Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Still the same triangle, only had to adjust the borders from the last signal.
Here the 50/50 deal placed an order below $1200 (1160), the asset starts to clamp in the range and I think the exit from the triangle will be a downward movement, if I can’t hook the order, then I’ll just wait for a new entry point, I’m trying now to share deals without much risk!
Be sure to work with risk management, it is now more important than ever!
4Hr $BTC is FINALLY leading!!! Yes, it's 4 Hr but it's a startWHAT IS THIS?!?!?!
DO YOU SEE IT?!?!?!
Granted, this is 4hr chart but $BTC is FINALLY leading!
Posting ETH soon
RSI looks good on both
$ETH lagging but will likely FOLLOW
THIS IS GREAT NEWS
AGAIN
4 Hr chart, don't get so excited but nice PLUS
#BTC #ETH #Ethereum #Bitcoin #crypto
TSUKA - We're about to turn.Buying pressure on the hourly has created an effective floor.
We have a price shock to the upside possible.
As you can see the descending wedge in the regression channel has almost completed and is about to break trend to the upside.
Also TSUKA's official twitter feed on Friday announced they will be listed on a major exchange in the next ten days.
twitter.com
Someone bought heavy to the point of owning over 5% of the current float of TSUKA, this could be a whale, or this could be an exchange gearing up for a secured launch.
NFA - I am long TSUKA and am buying as much as I can afford.
ETHBTC looking strongWhile ETHUSD isn't looking the hottest right now, ETHBTC is looking pretty good. ETH was able to put in a bullish inside bar/ pin bar vs BTC on the weekly. For this setup to remain valid price needs to stay above the low of the pin bar but optimally I'd like to see it stay within the channel. Target would be the upper end of the channel if the setup plays out.
Ethereum ETHUSD - Welcome to Bear Markets. $2,800 Lies AheadBear markets provide exceptionally nice volatility and are a really great opportunity to trade. But because they trade big ranges and go after both highs and lows, humans don't like them. Why?
Because people want to push buy on something and have it go up in a straight line with little or no pullback.
If that's what you want, go loan someone with good credit some money at 5% interest and stop trading.
Ordinary humans don't want to have to think about risk and reward and they don't want to have to take profit. They want to smush buy and get a 10 or a 20 bagger and go to the strippers.
And yet in the last stock market bull run, the greatest in history, retail traders lost $5 billion in the options market . Go figure.
The reason bear markets have such huge rallies is because bear markets are about selling. If you understand what selling is about, you'll understand that institutions and funds don't sell the bottom like you do. Neither do they buy high like you do.
Instead they buy at low prices from you while you're afraid and sell to you at high prices while you're greedy.
The best part of a bear market rally for them is that it Pavlov's Dogs you to buy the dip, so that when the pump is over you'll be on the wrong side of the trade, buying and buying "at a discount" while it slides downwards like an avalanche with only impotent wicks that don't last along the way.
Now, I'm not bullish on crypto. I think digital currencies, without exception, are scam coins with literally no value. The most fundamental reason for my opinion is that the Federal Reserve and the U.S. Department of Treasury intends to crack down on crypto in the very short term future for the purposes of replacing these so-called "decentralized" systems, which are heavily centralized in Chinese Communist Party-linked interests in the first place, with Central Bank Digital Currencies.
You should know a global digital dollar is never going to run on Ethereum or BTC. Don't be foolish. Nobody is going to give you power like that. It's a small club, and you aren't a part of it.
If you don't believe it then read the Fed's FOMC minutes. Stable coins are targeted in each and every one. The Democrats, which so many of you somehow still vote for, have crackdown legislation targeting crypto making its way through the House. Look at things from the International Bank of Settlements and look at comments given by the Deputy Governor of the Bank of Canada on the topic of Smart Contracts.
CBDCs and global social credit are coming. The globalists want to emulate the Chinese Communist Party. Technocratic communism won't be built on Ethereum.
Ethereum is just here to groom you to accept real technocratic communism. When they're done using it, this will get knocked down to $50, and then $20, and then $5.
Ethereum has already degenerated into a censorship regime as well. There's nothing AnCap about this junk, except that it goes uppy and you want to get rich, and quick.
In terms of long time frames, because Ethereum rallied so huge and so fast, from $300~ to $4,500 in only seven months, big moves like $1,100 to $1,650 only amount to marginal variance inside what can be considered a demand zone.
The truth is, though, that once Ethereum broke $1,700 during the June dump, this market is no longer a bull market. The makers are accumulating positions at a relative discount, still, and that type of demand zone, because the range is so huge, goes all the way up to $2,600.
There are two important considerations with this trade, considering ETH:
1. Ran the bottom of the $1,300 consolidation range and immediately recovered
2. Broke out, hard
3. Has not retraced in 2 weeks
These factors combined mean that the MMs are still heavy on the sell, and if ETH is to stop making upwards progress and actually trade under $1,480 again, it will not be for the sake of a rebalance for further upward movement, but because we are going under $1,110.
In short, that price range is "poison" and will only manifest when the markets at large are in trouble.
So if you're underwater short, I hope you cut your losses while you have a chance.
Because the MMs are heavy on the sell, you can expect previous highs to be eliminated.
Those most significantly stand at $1,800 and $2,050, two key psychological levels that will bring in a lot of FOMO. Because they will bring in FOMO and people who have been standing on the sideline scared, the market isn't likely to turtle soup either of these levels.
Instead, I expect the real intention of the MMs is to take the longs they accumulated in the $1,100 - $1,200 range over the course of several weeks back towards and above range equilibrium of $2,600 and begin distribution.
Once distribution is finished, the drop will be tremendous in terms of both speed and magnitude. What's aimed for will be three digits, and at that point, what we are being being set up for is probably a new high over $5,000.
But it will be very hard for you to survive long enough to see numbers like $5,000, especially if you want to HODL, especially if you get greedy, especially if you get scared.
🔥BINANCE ⚔️ FTX: how will this battle end❓Time to buy more❓🔥 Hi friends! CZ, Binance CEO, said that going to sell their FTT (FTX Tokens) worth about $600 million. The tokens will be sold for 2 months to not manipulate the market artificially. The reason for conflict is the possible bankruptcy of FTX. FTX reserves in ETH fell to a two-year low of 108,000 ETH from 400,000 ETH just three days earlier❗️
🚩 Binance received FTT as part of its exit last year from an early position in FTX exchange, which they had held since 2019. FTX bought Binance's stake in the company for $2.1 billion in FTT and BUSD.
✅ Finally, this story could end badly for the bulls. FTX is a TOP 2 exchange and if it collapses, it will be much worse for BTC🔻 than the case of Terra Luna❗️
✅ What happend to FTX and BNB in the 2-3 weeks? Here the 2 scenario for you to open the BEST trade👇
📊 THE FTX SETUPS
🔥 The most negative scenario will be the falling of FTX below the current lows at $15. It can trigger the massive sells off. Why the worst scenario for FTX can happen?
Another risk of a further drain on FTT tokens if Alameda fails to prove that it did not sell tokens to the Bybit exchange (BitDAO).
The BitDAO community has said it will vote on the fate of the FTT tokens it holds on its balance sheet unless Alameda provides proof that it continues to hold BIT tokens on its balance sheet as promised, rather than selling them into the market.
🚩 This would mean that FTX is trying by all means to get rid of it and sell all of its holdings and trigger the massive DUMP.
🔥 The positive scenario if FTX still hold BitDAO and the price return to the $22-29 value area, where the whales and retail accumulate FTX tokens. In this case we can assume that everything is okay and should try to find mid-term entry point. There are always a lot of possibilities after such shakeouts.
🚩 Just take a look on the volumes indocator on FTX. I leave for you 2 callout that have to show you retailers mentality. They bought a lot at the all-time highs and sells now in a HUGE loss. Remember this when the next bull market will be finished and you already make a lot of money.
📊 THE BNB SETUPS
It was my scenario for BNB almost 1 month ago. BNB already make +36% and reach my targets. Take a look on the volume indicator. TThe volume is squeezing before the PUMP and it was the importnat precondition to opne a long.
🔥 Positive scenario for BNB would be a close above the $337 key level. In this case the price continue to grow.
But if it close below the key level, it would be the false breakout and the price will fall to the closest support at $260-310 with high possibility. There we can wait for some price reaction and find the entry point to open a long/short.
🚩 Another rumor is the FTX CEO Sam Bankman-Fried "helped" the Luna to colapse and as far as you remember, Binance lost almost $1.5B in Luna. Is this another reason for CZ to remove the nearest competitor from the market?
What is your opinion about this situation? Is it worth buying FTX now or will the price fall even lower? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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.
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
When ETH Cap approaches 50% BTC Cap they all fallWhen ETH cap approaches 50% BTC cap they both fall down. So crypto should be reaching a peak soon.
Each time ETH holds up a little better than BTC. When BTC gets a bit closer, one of these 50% cap crosses will continue on ward until ETH cap crosses BTC cap, The Flippening. However, until that happens, I must assume they both sell off at the cross.
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!
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.