ETH-BTC
Ethereum (ETH) Potential Scenarios and InsightsIn the Ethereum (ETH) market, exciting movements could be on the horizon, offering potential scenarios that traders and investors should consider.
Scenario 1: Break and Potential Rally
If Ethereum breaks its current trend line and surpasses a resistance level, closing above it and confirming it as a new support, we might witness a rally toward the $2,000 levels. However, this might require significant news or hype to boost the market momentum.
Scenario 2: Break and Range-bound Trading
In another scenario, Ethereum could break the trend line and enter a trading range between $1,500 and $1,700. This could provide day traders with interesting opportunities, playing within this range. This scenario might happen if economic events slow down.
Scenario 3: Break and Bearish Trend
On a more cautious note, Ethereum might break the trend line and dip below the $1,500 support, triggering a potential bearish trend. If this occurs, Ethereum's price could decline, breaking through crucial support levels, especially if there are events like a major exchange crash.
These scenarios are outlined to help the community understand potential outcomes in simpler terms. By considering these possibilities and engaging in discussions, we can collectively gain insights into market dynamics and make informed decisions.
Always remember, cryptocurrency investments come with risks. This information serves as guidance and not definitive instructions. Conduct thorough research and seek advice from a financial advisor before making any investment decisions.
BTCUSDT: 20/09/2023: What's next?
Well, the price moved upward after collecting liquidity below 25160.
Now, the price is in a supply zone that can push the price down, but in my perspective price can go higher at first to collect liquidity above the previous high and then to a bearish order block.
💡Wait for the update!
🗓20/09/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
ETH Macro Accumulation w/ FractalI pulled the fractal from the 2019 bear market and flipped it. It seems as though we are currently in a macro accumulation phase, where we just formed the Sign of Strength in Phase B by taking out the highs from the Automatic Rally. On a smaller time frame, this entire channel upwards has been a re-distribution forming. You can see a daily bearish divergence already forming on the RSI (marked in white) and on top of that, on the weekly we are setting up a more local distribution on both BTC and ETH. Each of them has a 123 setup on the lows to go along with the distributions. See related ideas. BTC has a 3 day bearish divergence as well.
The theory is that we will see our real bottom in December of 2023 and it will take out the lows from the Selling Climax from June of last year. The real bull run will start in 2024.
What are your thoughts?
ETHBTCThis is a 1D frame analysis for ETHBTC The current price was unable to sustain according to previous analysis and the price had more pullback after hitting the support line. However, the price is now close to the 4-hour support zone and we expect the price to move towards the next resistance line after hitting the support line and stabilizing above it. But keep in mind not to be hasty in making decisions and wait for the price to stabilize before entering into a trade.
Elon Musk will send DOGE into space?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
DOGE goes against the market, why? Elon Musk will send a coin into space?
There are speculations that Elon Musk is again “guilty” of everything. Elon is again innovating on twitter, he changed the familiar "blue bird" twitter logo to "X" and even changed the domain to X.com (by clicking on it you get to twitter) I think that the euphoria-growth on DOGE comes from this events.
The fact is that one of the major BTC hodlers and top investors Raoul Pal suggests that Elon, with the acquisition of a new logo, will continue to use DOGE to integrate payments into X.com! Which of course can cause the continuation of the strongest euphoria. Well, for now, it's just speculation.
Also, if you look at the chart from the technical side, then the price has broken through the global countertrend line and is holding up very well so far, we can say that bullish indicators are also present here - from the technical side.
I have been hodling the coin for 3 months already, maybe soon we will see changes on this altcoin and I even set a take in advance to the nearest resistance of $0.11 from my entry point of 0.0870 + 22% of the total profit.
Guys, I warn you right away that this is not financial advice, I set a take for cases of squeeze movement, but it may turn out that nothing happens and the coin goes back to correction. There are also thoughts of just getting out without a loss, but trading is always risky and I will try to get into profit on this position.
And yes, perhaps all the attention of the fans is focused on DOGE, well, you should also not forget about the "general director" of TWITTER FLOKI, things are not very good there yet, as well as with my position but in the moment everything can change.
ETH - the price has left the channel, what's next?!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Friends, I will update the ETH idea a bit:
So far, everything is going according to plan, after tightening the lower border of the channel, the price was able to break through the support and the walls of the orders that the market maker placed earlier are starting to work out. The most interesting thing is that we got a -2% decrease on the weekend when no one really expected it, I think I managed to warn you in advance :)
At the moment, the plan has not changed much - I continue to keep the scalp short position to the support level of $1820-1825, the market maker has not yet removed the walls from the orders and continues to exert pressure, perhaps we will see a movement below the support of $1820-1825 through a slight rebound, there will be changes, I will definitely inform you.
ETH - Opened a scalp trade to exit the channel!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅
Opened ETH scalp for 10% of the deposit with a short stop-loss.
One of the on-chain indicators shows that the market maker has set strong resistance in the form of walls of orders in the current range. BUT! Bitcoin is still being held as it looks like we're on the verge of a $30,400 bounce again, so I suggest using as short a stop loss as possible and a small leverage of 2-3X on this trade.
Deal plan:
▪️Entrance - $1895
▪️Stop - $1950
▪️Take - $1825
It is very interesting how the market maker will act. ETH seems to be preparing a DUMP, and the bitcoin chart looks again at a rebound upwards. Maybe they just want to confuse and confuse us?
P.S: guys, I opened this deal with minimal risks, if you doubt whether you should enter or not, then it’s better to watch from the outside. It’s not entirely clear what will happen at the opening of next week, but my main plan is SHORT BTC 31250
Professional view of Bitcoin's HistoryI have posted countless posts about Bitcoin, shared educational content many steps of the way. To understand the logic and trade your next big opportunity, you need to have a good feel as to where it has been. More importantly, why it has been there.
So, let's start off with the why. I am one of the lucky ones, I first got introduced to Bitcoin in 2011 - just happened to be in the fintech space and a long time FX/Stock trader. When I first saw Bitcoin I knew it was interesting, but had no concept of the scale or the possibilities.
Fast foreword a few years I started unloading throughout it's first real Bull run. Why? Well, as a trader I wasn't looking for lottery wins, looking more for good returns on the investment. (I wish I knew, what next) Don't get me wrong, it was an awesome run and ended up one happy chappy, but at this stage in Bitcoin's life it was too early to "trade" - this was more an investment vehicle.
As the price rallied, my other hat was hearing other VC's and Angels talk about Bitcoin but with a kind of scepticism, yet a fear of missing out. The issue is, Venture Capitalists are more about wealth preservation than wealth creation. You could write a book on this topic!
What I was seeing, is the VC's would look at other Blockchain based investments and make their decisions based on a simple ' is Bitcoin up or down '
After the drop late 17 into early 18, there seemed to be a different vibe in the family office, LP, more institutional investors. This vibe was one that kinda said "if it survived the pummeling, maybe it's safer than we expected".
Now, if you think VC's are all about wealth preservation, the LP's (Limited Partners) in essence the money behind the VC's, as well as other types of investments. These guys are another level, it's all about longevity, long term strategies, these are not trading moves up and down this is a long term play with a tiny amount of their pie. (which is often still in the Billions).
It wasn't until we got to this point, that as a trader more than a Tech investor - Bitcoin become interesting.
I shared a post at the time explaining why it was interesting, this was called "Re-accumulation"
You can click this post and go through to see it in detail.
It was due to this playing out to the penny, the next stage become obvious. You see, many retail traders assume one thing when it comes to investing like this. That is Big players come in and price goes up. So many jump in, this is the liquidity for these bigger players to cash out. Like I said, as a professional I am not looking to invest $1,000 to make $10 Million. We are looking at 10x, 20x bank it. Go again...
Knowing what was on the cards based on the level of re-accumulation just below and of course a factor of 10x from the lower region accumulation.
You guessed it - DISTRIBUTION
I shared a post titled "They Blew up the rocket"
These levels are pre determined, on the @TradingView show with Stefan, I discussed Composite Man and the fact the market is an Algorithm, seeking liquidity.
www.tradingview.com
We then fall down to this area of liquidity which as you can see above, can easily be mapped out in advance.
Now in this zone, you could see a real ugly move up - this give off the hint that the market was testing the water, checking to see what levels are interesting to various participants.
As we rallied away from this zone, it quickly became apparent that the new top level had been programmed.
Zoom in to read the text here.
So, why was it only going to poke above the old all time high? Liquidity...
Then Where? well, down of course. Here you will see we started changing the character and the next obvious move was on the table. Again, pre-programmed in.
I shared in advance the logic here as to why it will grind up and fall through.
These things are not difficult to understand, yet retail traders mostly have the memory of a gold fish. Levels are not set in stone, you don't get a break and it's done. the change of character is trying to tell a story. It's giving the clues.
I've shared every single major move here with you on TradingView.
Now what?
You have a much, much larger accumulation move in the works.
NOT SO FAST!
One slight caveat.
We are early, it's not done yet. Your local influencers, fake guru's and the social media universe all want one thing! BTC to go up. Blackrock's ETF - you think they will come in to make retail traders rich? Go back and read the start of this post again. Retail is the liquidity for us professionals. This phase is a very, very big one. On a 15 minute Timeframe every $100 will look massive.
You really need to learn the logic behind such moves.
BTC ANALYSIS 15/7/23BYBIT:BTCUSDT.P
Goodmorning people its currently 11:29am here in AUS on a fine Saturday and I've just been looking through all the charts and other things and couldn't help but notice that all Thursday's gains on BTC got eaten up. But for a trader like me we are on the way to our next support SO what to do now? what you need to do now is use your patience and focus on your self-control. Wait for the market to find this support and not just the first wait for a double or triple bttm even. this drop comes from the ripple news after a court hearing. I don't get into news at much, but I do like to know why the market dropped.
Things to take out of today:
*Patience for me comes in now more than ever.
*Emotionally I feel tired after a night shift and a big day of trading and training! so I'll take today off to spend with my beautiful family.
*Keep an eye on that 200EMA for a support (alerts)
Thanks guys.
A GPTUSDT SCALP!BYBIT:GPTUSDT.P
I absolutely love seeing candles, pressure, and shapes like this... to me (NOT CERTAIN) this is a nice crater on the lower timeframe to start a brand-new bottom. Now! I obviously done my research heavily! I had tons of other ideas to pick from but today this chart is most clean on that 15M timeframe. so, I picked this up off of a reaction of a higher timeframe and to me this reaction is exactly what I look for in a trade look it may not pick me up but at least im prepared and ready to move on ALREADY.
Thanks guys.
Ethereum - Prepare For The $2,150 Double TopI've heard that a number of "Chinese Partners" and even their wallets were directly involved in the formation of the Ethereum Foundation.
Whether that's true or not, the reality is that too much of today's digital currencies are connected to the Chinese Communist Party, and that's a big problem for long term bulls when the United States and its allies are talking about "de-risking" from China and Xi Jinping is not in anyone's good books.
Moreover, with the 24-year persecution of Falun Gong by the CCP hanging over everyone's head, being bullish on anything with its roots in China is like asking to get "Zeroed Out" in the truest sense of the word overnight, one night.
At present, you're being told that a bull market is not only coming, but here.
However, with the exception of Bitcoin Cash, which I actually called in like August of last year but it took forever to pan out and I forgot about it:
You're already pretty close to the tops.
Once we're finished here, early bulls aren't going to like their bags and a lot of these alts you think you're smart buying are going to end up at zero because they won't be listed on the federally regulated exchanges or Coinbase.
Anyways, here's the situation.
Bitcoin futures (futes is all that matters) supports a move to $33,000 to $35,000 based on the monthly bars, which I outline in a very accurate call here:
Bitcoin - Balance Amidst FUD
However, Ethereum futures does not support a new high because it already rebalanced the gap in April:
The overall macro situation in the broader markets are also not good at the moment, and a lot of things are about to change. You can view my calls included below and decide for yourself what you want to believe in.
June 30 is also quarter end for the real economy.
Because a new high is not likely, and Bitcoin is primed to go another 10%, where we're at is that we're looking more at either a $2,050 almost-top or a $2,130 double top.
The technicals on this particular trade are also that Eth broke to the bottom of a triangle/flag before it went up.
When it broke to the bottom it neither took out a key pivot nor did it rebalance a key gap, which it really should have done if the target was, say, $4,000 again.
So, if you ask me, you're about to get a time to sell your longs and go short. But they're telling you it's time for you to go long for the super moon.
But what if the moon is still a long ways away?
It's a long fall back to $1,000 if the furus and the Discords and the megaphone accounts are wrong.
The call:
1. Ethereum does not make a new high
2. Do not buy the dip. Short the rips after the rejection confirmation.
3. Keep shorting baby
4. Short and short and buy it all back low
If you can enlighten to it you'll do pretty well. If you can't, you'll lose a lot of your future, won't you?
#ETH - thoughts out loud №4Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Today, we have important news, the situation on the chart reflects the idea of professional operators to implement their plans immediately during the news release, cascading levels with a large number of stop losses have been formed. We can see that if we are long, then at more favorable prices, and if we are short, then we have room to fall, and perhaps someone will not be pleased, but this is the truth as it is.
Thank you all for your attention, I wish you success .
Sometimes you win /sometimes you learn .
- thoughts out loud
- thoughts out loud
- thoughts out loud
⚫ LTC usdt - Weekly ⚫🔵 #LTC usdt
⏰ 1W
⚪ As you can see, the price has broken dynamic resistance and static resistance.
If fixed above $100, $130 is available.
🔴 Support and resistance are shown in the chart.
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📛 Follow the market trend and decide to buy or sell.
⚠️ (This isn't a signal for buy or sell) ⚠️
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👸 Analyzed by : Parisa_Alipoor
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Coinbase - The Moonboy GuillotineFrankly speaking, Coinbase is a stock you actually want to keep a careful eye on, because as the US/International regimes fully integrate digital currency, Coinbase is quite likely to be a key organ of the network.
But for now, this thing is worth $14 billion still and at a time that the crypto market is doing really poorly, Binance and Tether are ticking timebombs waiting to go full Mt. Gox, and banks are about to establish real crypto exchanges.
The current breed of digital currencies, including Bitcoin and Ethereum, are things that have been corrupted by Chinese Communist Party entities.
All the way from the mining cartels to the communities to the Ethereum foundation, there are links to mainland China every step of the way.
And this is something you should really be worried about when the new International Rules Based Order policy is about "de-risking" from China.
And moreover, China has a lot of problems from the pandemic, the coming possibility that Xi Jinping will coup d'etat the CCP in the middle of the US night one day soon, and the looming persecution of Falun Gong since 1999 by the Jiang Zemin faction.
The timing is a little off to go long, but since you're being told it's time for $100,000, if you believe it, then I suppose you've consented to losing your money.
Right now I have calls on Bitcoin for $33,000 to $35,000:
Bitcoin - Balance Amidst FUD
And Ethereum for a $2,130~ double top:
Ethereum - Prepare For The $2,150 Double Top
In my opinion, with the chart set up and pattern, the Coinbase market maker is not going to create higher prices.
The target is below the December low.
Numbers like $15 or $18 are what the low will look like ultimately.
And so right now if you're long on this I recommend you sell on a breakout of this April-July trendline around $69.
If you don't sell your shares now I really do believe these prices won't be seen again for at least 2 years.
I do not believe price will break $72 because the market maker is actually short.
For now, the trade gives a scalp opportunity to go from $61 to $69 as well.
The target is the very bottom. And then a new new bottom of the new bottom.
Afterwards, perhaps Coinbase will rise again.
Chainlink , is it over?Is it over for chainlink , are we going to 0?
Just three days we had amazing news for chainlink , the swift integration , this is massive news but if you been following LINK for a while you new it was coming.
Three days ago we were flooded everywhere with these articles letting everyone know how amazing this development was and how bullish this was for chainlink.
Three days later what do we have?
Your classic flash crash structure on early Saturday morning , I have documented time and time again for years here that these moves always happen Saturday mornings.
The level Chainlink has hit is very important it was the resitance wall of 2019 at 5 dollars , there is alot of confluence in this level so it is likely that it holds here for now, if not 3.5 dollars is next.
Why 3.5 dollars because thats where most of the past volume has been on LINK.
In May 2021 this indicator that I use quite abit flashed bearish divergence with a count of 5 , at the time I thought is this the top? As of today on the monthly the indicator has now flashed bullish divergence with exactly the same count , very interesting.
Don't think for a second that this was just pure coincidence that they pumped the internet with bullish chainlink news only to dump the price 3 days later , its clear they are trying to shake you out.
There no coincidences in crypto only coordinated attacks on your fear so large corporations can load up more.
ETHBTC looking strong and ready to rallySince BTC topped around 31k, ETH has outperformed BTC. It looks like ETH is slowly gaining more and more, as more ETH is being slowly burned through EIP-1559 and more ETH is being staked. As ETH outflows since the Shapella upgrade have peaked and inflows are dominating, ETH now has a yield of about 5%; ETH looks more attractive than BTC.
Of course, BTC has its upcoming halving less than a year from now, and recently Ordinals have given Bitcoin new life. As gold was rallying, the digital gold narrative was also more robust. However, Ethereum has seen its Layer 2 protocols gain more and more traction while AI stocks are pumping like crazy and gold is dumping. Essentially flexible tech is preferred to stable and inert metals.
ETHBTC has almost completed a breakout, as it hasn't fully reclaimed all key diagonals and the yearly pivot. It has reclaimed all critical support, penetrated the 0.06-0.066 area, which I was expecting to happen for a while, and is now looking solid.
Someone could go long now, with a stop loss below 0.064 or waiting for the full breakout. Someone could wait before going long for BTCUSD and ETHUSD to have a failed breakdown by hitting 25700$ and 1720$, respectively.
We Called The ETH/BTC Pump!Looking at our chart, we see that Ethereum started getting oversold near the bottom of our standard deviation bands, along with an oversold reading on our new DVO indicator. This, combined with the oversold green X's we received (combination of multiple indicators), and our dark blue candles (another oversold indication), led us to have a VERY successful ETH long!
The next resistance we're looking at is $1915. This has been a big level on the daily chart and may provide a rejection once reached. You can also see our candles starting to get overbought (turning orange). Once they turn red, that's when I start looking to completely exit or take a majority of my profits.
If you're looking to buy on a pullback, watch the $1715 level. That acted as great support over the past few weeks and could provide a good R/R if we reverse here.
With BlackRock recently applying for a Bitcoin ETF and many other banks following suit, the crypto market is about to get a whole lot crazier!
-Stayed tuned for our new indicators launching soon (shown on the chart + more), along with a slew of great trading info for you guys! You won't want to miss it :)
Let us know if you have any questions!
Crypt Total Market Cap, Uptrend?This chart shows the total Crypto Market Cap, includes every coin on the market.
The Fib levels are drawn from the Covid Crash to the ultimate November Top. Upon the bearmarket retrace we bounced of teh 0.786 support zone to reach current resistance at 0.618.
There is a clear uptrend forming, now this is nothing to trade with imo, just important to note that this might be an area of support.
BTC is strong and we can clearly see that when comparing to the "Total Crypto Market Cap excluding BTC and ETH"
If there is more downside here i expect BTC Dominance to hit those 52%-55% levels
and ETH dominance to hit 22%-25%
while the Altcoin market will suffer greatly...
I still like the odds and will be swapping some ETH into altcoins once all the economical announcements are made this week and the data is clear.
Will also keep ammo for lower levels.
One thing to keep in mind, its all about perspective, just imagine seeing these levels during the bullmarket. These are the "Ah man i wish i bought then" levels
ETHBTC.4HHello dear friends,
*Mars Signals Team wishes you high profits*
This is a time frame analysis for ETHBTC.4H
We are in the four hour time frame. As you can see, the price was able to break the resistance line and stabilize above it, and is currently retreating towards the support line. If it can consolidate above its first support line, we expect the price to rise to the first resistance area. But if it cannot stabilize above the support line, we expect further fall to the second zone.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care