The big seller moves the price lower. Time to sell!The tool shows an upward movement. Updated the high and removed liquidity for $ 1600, now there is a pullback to the support zone. There is also a large seller at a price of $ 1518 (132k coins) who pulls the price down, buyers are in no hurry to buy back this asset, the volume of buyers is weak, which suggests that the seller can easily push the price, I expect a trade near the levels, I will go in when activity in the glass, as well as with the activity of a large seller.
ETH-BTC
Eth Back Where It BelongsOne line chart... yes it is silly but it tells a good story. When BTC enters a bear market it is known for touching the previous bull runs all time high . The previous bull run touched ~$20,000. As you know, BTC was floating in that area until the FTX debacle pushed it way lower. Had FTX/Alameda/Genesis not had imploded in historic fashion, BTC likely would have held the general ~20,000 area. Ethereum is now doing the same. It collapsed well below its' 2018 all time high but quickly regained it back. You can make an argument that the stellar run crypto has had the past few days is simply a market regaining position back to where it rightly belong... at previous bull market all time high. Should these levels hold this would mean the bottom is likely in and we begin a new bull market sometime soon.
ETH Drop to $1430* before going Higher or LowerI reckon this is in play for Ethereum.
Here are my reasons:
1. BTC & ETH are at strong resistances.
2. Perfect retest of H8 OB for ETH.
3. Lots of Selling Pressure.
4. SPX is at a strong resistance, likely to drop.
5. DXY showing inverse head and shoulders reversal pattern at resistance.
6. Price likes to test main diagonal resistances before making the next move. This is for a liquidity grab to fuel the next move.
I am shorting to these levels. NFA
Risk Management is important.
$ETH & $BTC PUMP but what does this mean?This is a copy paste & apologize can't show all charts spoken about here
See our profile for more info
1
$ETH RSI = 86
MUST USE $BTC #FUTURES as derivatives DICTATE price & NOT SPOT #BTC
This = why most Influencers get calls wrong
Truthfully, most don't have real chart skills
Historically, RSI has been higher 5/21 top
RSI is STRONG = good sign
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2
We surmised #crypto pump was incoming
Call it experience
Daily $ETH broke 2 resistance areas within week
VERY GOOD, both with ease & okay volume
WEEKLY RSI + trading⬆️both Moving avg = GOOD
#ETH getting closer to light blue area
This is #ethereum REAL TEST
#Crypto
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3
$BTC won't be outdone by $ETH
Also⬆️10% & broke resistance EASILY
Volume on daily IS GOOD
ALSO, like #ETH, #Bitcoin has GAP to fill
Likely fill before BULL rally
Don't think #BTC breaks LONG TERM DOWN TREND on 1st try, but who knows
Have 2 say, FEELS lil different
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4
$BTC RSI is 90.6
#BTC hit this few times in 19 & 1x in 20 & 21
ALL TIMES, except 21, traded sideways after
= #bitcoin CONSOLIDATION for NEXT PUMP
21 = SMALL pullback for more PUMP
Slight exception 1st time in 19, begins bull
*DIFFERENCE, we're in BEAR vs that was BULL mkt
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5
This #bitcoin & #Ethereum🧵can be MUCH LARGER but will only mentioned the important
Weekly $BTC, see RSI?
Only 1x closed🧵⬆️50 but NO FOLLOW THROUGH
Currently HIGHEST in down trend!
Like $ETH, don't think #BTC downtrend broken 1st try
GAP on WEEKLY, will be attracted to it
-
Way tough to call #BTC bottom
See current pinned post on $BTC bottoms
Signs are coming in AGAIN
It's also GREAT that #Bitcoin is "leading", ot the very least, NOT LAGGING $ETH & #altcoin
Time will tell but this FEELS different than other 2 potential bottoms
BE PATIENT
BNBUSDT| The asset has reached the zone of interest.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I expect BNB to continue correcting towards local support zones.
Received a small BNB short position for 2% of the deposit. Due to the strong takeaway of BTC, altcoins also rose in price quite well, earlier on tradingview I noted for myself an area of interest of 300-315 for a short set, the asset has reached its goal and a slight correction is already observed. You can also work with a grid of orders at 1-2% of the deposit for each order.
Deal plan:
▫️Entry $300/315/330
▫️Stop 355$
▫️Taiki will be updated.
For altcoins, I do not advise overestimating your risk management (taking a large leverage) while we see a slight correction in assets, but the withdrawal may continue further.
ETHBTC - Broken Above Symetrical Triangle!We've got a significant break upward with ETHBTC at the moment - breaking out of this symetrical triangle it's been trading within for the last few months. With a Long signal from Crypto Tipster v2 last night we're already seeing gains of a few % in just a few hours!
Get your SL in at just under the most recent tradinf range, around 0.071 and watch this rise up to meet the most recent swing high, grabbing around 8 or 9% profit.
If you enjoyed this idea, agree or indeed disagree - drop us a comment, like & follow! :)
$ETH leading $BTC again - Looking better, againNot much buying in $BTC & $ETH
Technically #BTC looks ok
#ETH looks bit better
Need 2c conviction & volume is simply NOT THERE
Some technical improving on DAILY but NOT weekly
More on #bitcoin & #ethereum below
Weekly & daily chart
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$ETH breaking ^ resistance, orange
Bullish moving avg crossover
RSI healthy
#ETH weekly
ABOVE RED Mov Avg
RSI getting there
Potential double bottom
NO BUY VOLUME
Small downtrends BUT MAJOR, YELLOW = problem
#ethereum leading $BTC
Need #BTC 2 LEAD
#crypto
SHORT ETH After loosing our last entry for this whole long we would've caught by 70 cents I'm sad. Welcome to the game of trading what can I say LOL. I am looking for a short at buyoff exhaustion at 1271.04. My hard Stop LOSS is at 1283.8. GOING IN AT 100X LEVERAGE
TP1 is at 1258.28 once TP HITS SET SL TO ENTRY
TP2 is at 1230.8.
Good evening, we are from Ukraine!Good evening.
I leave a promising deal that will work in the near future. If you want more such deals and a more detailed overview of the situation, follow my page, because there will be a lot of interesting and useful things ahead!
Good luck to everyone!
#ETH
#ETHUSDT
#USDT
ETHBTC As tight on the edge as it can get.The ETHBTC pair has been trading within the 5-month Higher Lows Zone for the past 5 days, tight also within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). All this while it remains bearish below the Lower Highs trend-line that started on the September 07 High.
The 1D RSI is rebounding off its 3-month Support Zone, so technically we should see a rebound. How high that will be depends on the September Lower Highs trend-line. A break above should target on the short-term the 0.076200 Resistance 1 (Dec 02 High). As long as a candle closes above each Resistance level, the next one can be targeted and pull-backs bought on the RSI Support Zone.
A break below the Higher Lows and the 1D MA200 (which hasn't had a 1D candle closing below it since October 22), would be bearish and should target the 0.0660 Support 1 (Nov 09 Low).
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LAST CONSOLIDATION BEFORE NEXT BULL RUNMy Idea of consolidation towards next bull run. Best time to Buy and HODL.
ETH and BTC showing tendency of having a pullback soon before finally moving down towards the last consolidation area.
Expecting to see strong bullish formation after taking out previous HTF Low towards the GAP on 3D TF
We could already be at the start of the next bull run very very soon. Probably between March to June of 2023. :)
Time to study the best crypto projects out there.
I think the timing is just perfect, as most of the influencers out there area calling for the next bull run to be in 2024.
Momentarily my bias is a short swing upwards as a retracement of 50% to 61.8% taking out some of the gaps left recently before the continuation towards the last consolidation area.
Bitcoin 12.000 bad scenario for cm before christmasBitcoin 12.000$ soon because markets in bull/bear fight right now
Cryptomarket traders hear bad news since 2022
News about Bankman fried arrested
Maybe result bad/good for cryptomarket
I believe we see negative a result on cryptomarket pricing
Btc 12.000
Eth 600
LTC 35
Doge 0.034
ETHUSDT is testing resistance, SHORT level!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
ETH is testing the local resistance of $1340-1350, which in my opinion is considered a good short entry point, but I do not exclude the possibility that today's volatility will see a trip to the $1400 zone, so I advise you to work with limit orders.
The exit from the triangle turned out with a false break down, the price tested the $1240 zone and then the removal to the $1350 zone followed, which can be seen on the chart.
At the moment, the volatility continues, bitcoin is testing the important $18,000-18,200 zone and ETH is following it like it happens with any other alt, so there may be punctures above $1350 plus increased volatility from the data ahead of us, be careful!
Eth can have some more juice Doesn't show on the normal chart but we have a series of HH's and HL's on on the HL chart .
1299/eth was long term resistance .Nice breakout yesterday ,today we are printing an inside HH candle .Inside candles are continuation candles.
I think there's more juice left in this bad boy.
Everything above 1299...bullish !
BTCThis is my primary count heading into 2023. Seems like unless we straight nuke to $9,200 then I'd expect this move to play out.
Much more painful on both sides. Finish around the 618% of the covid 2020 crash $11,500 but never reach $10K as many are waiting.
Then B wave up to $34k getting everyone tweeting WGMI and then B wave gets finished and Rug back to finally hit $10K making everyone think Crypto is dead again.
Finally completing this correction & the HTF Wave C and this bear Market.
After that 2024 1/2ing and run it back turbo $200K.
BTC & ETH Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
111 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
ETH ANALYSIS
#ETH UPDATE.
#ETH is currently trading in ascending triangle making higher highs and higher lows,any break below to the black diagonal support line would force eth to test the red box support area .For longs eth need to close above the red line resistance on daily.