ETH - Road Map To 3kEthereum rejected its previous 2.5k ATH. WHAT NEXT?
This reminds me of one of my previous posts when ETH rejected the 2k ATH. (attached below)
ETH is overall bullish trading inside our brown channel so we will be looking for Trend-Following Buy setups as it approaches the lower brown trendline.
Moreover, the area 1950-2000 is a "Resistance turned into Support".
So the highlighted purple circle with the blue arrow is a very strong area to look for buy setups as it is the intersection of support in orange and lower brown trendline.
As per my trading style:
I will be waiting for it to approach the highlighted purple circle (area) to look for possible buy setups (like a double bottom, trendline break , and so on...)
Knowing that Ethereum can still trade higher aggressively from here. In this case, we will be waiting for ETH to break above 2500 with a full bullish daily candle to consider it broken. Then we will be looking for buy setups on its retest and a movement till the 3k zone would be expected.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH-BTC
Double bottom leading ETH DOWN up ? Hi a nice set up with interesting risk ratio
Enjoy the trade
The bottoms have high volume that shows us " real " prices
DOGE POSSIBLE HUGE RECOVERY TO 0,26 COMING ! THE ETN TRENDHello trading friends,
I hope you had a great day, as the most know who follow us, we did add yesterday a post about possible recovery doge.
And since our update doge breakdown into trend, we expect that its possible we will go into a new breakdown trend for doge. Data shows sell trend.
ETHBTC Bullish for a move to 0.054Technically we are bullish for a move up to 0.054 aslong as we are closing daily candle bodies above 0.029
For the next impulse to start we need a strong bullish momentum candle at this current level
If we close a daily candle below 0.029 we will most likely move to 0.025 and have a big bounce there to attempt an impulse
If we break 0.023 then i will get longterm bearish, but aslong as we are closing bodies above 0.023 im long term bullish from here
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
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