ETHBTC, VOLUME ANALYSIS - SeptemberPlanThis is a busy chart looking at key dates on ETH/BTC on top of its buy/sell volume.
Current long term increase in buy volume, long term decrease in sell volume on ETH/BTC.
Circles: Decreasing sell volume, Local Low = Buy
Stars: Decreasing buy volume, Local High = Sell
Winter dip cycle:
1st Jan
5th Dec
15th Dec
15th Jan
Spring Dips
1st April
15th May
Notables:
15th June/July
2nd Feb - Danger
Bonus:
Sept 2nd
Red+Green Liquidation support band.
Green price prediction line purely for fun, one potential outcome.
Target = 0.075 ETH/BTC
ETH-BTC
Long-Term Value VS Fast price Increase BSV is superior to all others Coins.
It's not all about Price action, It's also about Long-Term Growth and Scaling.
A lot of Coins Price are going up exposing how bad their network is.
🚨???🚨What good is the price going up if the network becomes unstable and is not practical to use in the real world?
Doge Coin
May make you money in the short term but the Technology behind it is garbage 💯.
Everyone’s is so Hype about Doge going to $1 but what they should really pay attention to is the unpractical transaction fee is already at $1..🤣
Let's not even Start with Ethereum, Valued over 2k and it will Cost you $45 Dollars in miner fee's to send someone $43 Dollars?!?!
Meanwhile BSV transactions are $0.001 💎 Why is it so Low?
Because This is How Bitcoin Was designed to work, as a practical peer to peer cash system.
As time goes on It will become clear Why BSV is #1 🥇💸🚀🌐
🚨 UPDATE ETH/BTC - Trade successfully completed!Hello dear readers,
I presented the idea for this trade HERE on 22 March.
Now the trade is finished:
Symbol: ETH/BTC
Duration of trade: 15 days
Profit: 22% Conservative
All price targets worked off: Yes
With that, this trade can be filed away, on to the next one :)
As always, it's "do your own research" - I am not an investment advisor and this analysis only reflects my personal opinion and is not a call to individual action!
If you want to support my work I'm happy about a Like & Follow 🙏
Best regards & success!
Chartdigger
Before target 61600 hit! The final Target are 56K!Hello trading friends,
we can say the 61600 targets already hit some hours after the update. the most know that our final target is 56K for bitcoin.
We expecting we will see soon a rejection into btc to below 60K.
The already hit target update
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Discipline is the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly * this is not an advice
---> Have a great day
An overlook of the Crypto markets: Bitcoin and everything ElseHello All,
I think its time to address the Elephant in the room. Ever since this whole crypto experiment was on the brink of collapse just two years ago, it has amazed me how Bitcoin managed to keep its monopoly on the Crypto market cap for this long. However, while I think Bitcoins price actions has substantial impacts on the overall market, that sentiment is beginning to weaken. Not only has Bitcoins market share dominance dropped by 18%, but since the turn of the new year, Altcoins and Ethereum have been overall outperforming Bitcoin. Matter of fact, the DMI, VFI, and BTC short/long indices are all pointing towards continuous , accelerating growth. As per my current analysis I think Bitcoin might cross below 50% market dominance and never cross above again.
A followup on ETH/BTCHello all,
Here reporting again on my Eth/Btc analysis. The price movement of the ratio over the last couple of months is extremely reminiscent of the ratios price movement between November and January.In both cases, there is an initial bear market that lasts 1-1.5 months, soon follwed by a trend reversal with a bull flag forming. After the bull flag formed in mid january, ETH saw an unprecedented move to the upside, nearly doubling in price and moving from a ratio of .032 to .045, a 40% increase. Furthermore, I believe that there is a similar setup forming now. Same bear trend, reversal , and bull flag. Currently at 0.037, I can see the ratio testing previous all time highs at .046, signaling a 24% move to the upside and a $3000 ETH price target.However, If i'm being a little more speculative, and if the ratio gan run up 40% like it did into the new year, then a .05 ratio will be the outcome, in which case I'd have a price target of $3500 for ETH. Either way, ETH is poised to drastically outperform BTC in the coming months
If Crypto was a country's GDPDid you know?
The current "Crypto" market cap as around $2TN - there's a chart of @TradingView for this.
What's interesting is - that if you look at Global GDP stats as per image above. You will see that if Crypto was an economy it would sit in between Italy and Brazil for size.
What Is Gross Domestic Product (GDP)?
Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.
Look at the stochastic on the crypto market - shown here on a weekly timeframe.
This indicator shows the strengths of : Total (Orange Histogram) and then Bitcoin in a lighter orange, finally alts in blue.
Take a look at the larger Regression channel. There are a few warning signs here.
Let's go deeper...
You should probably get to know the Bank Secrecy Act, a nearly 50-year-old law that requires financial institutions in the US to help law enforcement agencies police money laundering.
The government could someday try to use the law to impose strict controls on how—and whether—certain blockchain-based currencies can be used. I know people will scream "They can't, Bitcoin, Crypto - it's de-centralized" and all the other good stuff! However, it's the government and they have several ways to make it work in their favour.
David Murray's argument
To tighten its grip on cryptocurrency, Murray said, the Treasury Department should broaden the BSA’s definition of a “financial institution” to include certain cryptocurrency “service providers” as well. While cryptocurrency exchanges and crypto-asset storage providers are already covered by the BSA, other important participants in blockchain systems remain outside the law’s scope, and that should change, Murray argued.
How The US Government Handles Its Massive Stash Of Bitcoin
The federal government's relationship with bitcoin has generated numerous headlines over the years, which is surprising, considering that the U.S. government is one of the largest holders of bitcoin.
The Forfeiture.gov site, which records Justice department administrative, civil and criminal forfeiture actions, should typically be the place to find out more about the total number of bitcoins held by the government. But, according to the Fortune report, there is a lag between the publication date of an online report and the date of seizure. Reports are also not archived online and paper copies are not made. Bitcoin addresses linking wallets to owners are also not available.
This is just some food for thought.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
ZCASH LOOKING BULLISH4HR Chart:
-ZCASH has retraced 80% - 100% since Jan-Feb.
-Showing good levels of support as it moves up.
-Continuous higher lows shows still in uptrend
-Nice gap between 10/50ma over 200ma
-Knocking on the $200 door and now making new highs.
Watching for retrace and potential buy setups.
Hope you all have a great day! Thanks for your time!
Please like and follow!
And remember, don't chase, retrace!
ETH Next Leg UPIF this flag is what is currently playing out, confirmation on impulse from (e) and breakout above (d). My count on the ETH outperformance of BTC puts us to the top of the inclining hourly channel in about 14 days. Coincides nicely
with confluence of resistances (Hourly Channel, Inclining Red Trend, Fib Extension from the base of the 1st move).
After this wave we might expect a retest of the daily inclining channel midline (blue).
Good luck out there!
BUY WHALES SIGNALS ON BTC - BUY WHALES CAN BRING BTC TO ATH -Hello trading friends,
Data shows a possible entry of buy whales into the trend - what means this - if it goes as expecting and as it shows we can break out huge.
since yesterday whales playing. be alert with this - at this moment there is a trend of buy whales entering on MDN target bitcoin . This means a possible new ATH target - price now is below 56K and I really shocked when saw the data. I just thought was this all before just to make some fake trends? there are to many things what i am expecting how that is possible into the before trend.
WHAT ARE THE PLAN TODAY??
WOW I SELF personally see so much data, that's it seem there is what to happened today or next into short term --> i can't see the future - i just trade depending on the data. so i will follow the next market flow.
All of you please trade safe - we will never know 100% the real goal of whales, but we can follow them.
@@Follow/like for more 24/7 Live updates on tradingview.@@
Discipline is the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
---> Have a great day 😃 and thanks for your like
an hour ago
Comment: breakout any moment possible
I Remain delusional! 😵🙃My alarms went off! I am up ETH is up I am lost in utter delusion due to waking up circled these things. ETH down I am back to sleep lol watch me closely to understand my views and thoughts "Hopeium kicks in as the high taste real..." "Beware of the threat of a very real Hopioid crisis" Enjoy and be safe. I have been told that your first pump is always free but Id reckon that doesn't apply in the world of crypto...
😎Tips:
"Noobs please try to understand some people have had bags bigger and longer than you."
***Helpful hint to any newbies out there.. Watch your coin count closely (Think Chuck E. Cheese and your 10 at the arcade)***
***Don't make those gains in vain.***
Last thing: To those that have reached out with their questions some I can answer from my limited narrow view point and I will put them in a few post coming up to those that would care not just ignoring y'all. "I know, I know everyone is an expert in trading crypto as a GURU in this crypto bull." 🐂 🤷♂️
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Most will answer with an emphatic "YES!!!" LOL Or am I really the only person that's down to pull profit and even short a little??? LOL
-No advice just thoughts that I can't shake after the last 5 years in the world of "CRYPTO"
""KEEP CALM AND MANAGE THY RISK!""
ETCG about to run higher with ETHEETCG about to run higher with ETHE
this old trick still works.
Folks get Ethereum and Ethereum classic confused and this spills over into the Grayscale Ethereum trust market as well as you can see.
This seem inversely corelated to SQQQ so looks like we are going to take a rest if not a dip.
I will capture my gains and circle back in 10 days.