In this analysis I want to take a look at the BTC_ATHDRAWDOWN indicator, which tells us how much percent BTC is trading under the current all-time high. Every time that BTC makes a new all-time high this indicator reaches a value of 1. As seen on the chart, BTC has seen a lot of big drops during bull-markets. Most of these drops have reached the yellow area...
ETH/USDT has been in a downtrend since peaking at around $4,600, with lower highs and lower lows forming a descending pattern. The current price is near the significant support zone around $2,100, which is crucial for maintaining the bullish structure. The key support is at $2,100, a historically significant zone that has acted as support during prior market...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- ETH has touched an important support zone. Therefore, the key is whether it can receive support near 2159.0. If it falls below 2159.0, you should check whether there is support near...
Ideally, would like to see ETH stay above 600s from here on out. Monthly chart, will update on lower weekly time frames as time progresses.
First of all, I should state that I expect Bitcoin dominance to rise to the 60%-62% range and Bitcoin usually falls in september. If Bitcoin will fall and at the same time its dominance will rise that's means we may see a strong downtrend in altcoins. Ethereum has completed its Elliot 5 wave pattern from the bottom and and still in the correction waves. And I...
Result: It's been 21 hours since I posted the BINANCE:ETHUSDT analysis. The price of ETH is moving back and forth, fluctuating between the 2300 and 2400 range, and there have been 5 trading opportunities since then. Difficulty Review: 1st and 2nd one are harder because they bounce the price from the 2350. The other 3 are easier, and we should...
ETH/USDT Analysis: Hourly Timeframe 📊 The chart shows Ethereum (ETH) on an hourly timeframe with clear Buy and Sell forecast signals. Let’s break down the upcoming opportunities based on the green and red lines: 🟢 September 6, 2024, 01:00 AM - Buy Date (Green Line): This marks a local bottom, suggesting it might be a good time to start accumulating long...
gm, eth is setting up for a monumental move to the upside as the etfs were granted access into crypto land. they've been accumulating behind the scenes while a large majority of the market has been panic selling due to a rise in fear, uncertainty, and doubt. --- over the last month i have decided to pivot my primary macro idea from bear to bull, due to two...
Overview: Today marks a mini anniversary—exactly one month since the 15% COINBASE:BTCUSD BTC crash on August 5th, which concluded a 7-day bearish correction. This correction was the third wave in a 28-day cycle. Why does this matter? BTC tends to follow relatively short cycles and typically doesn’t take longer than a month to make a decisive move in either...
Think this down period is just a small hiccup in a much larger run Essentially the beginning - mid of a big bull run I have shown my thoughts with the bars pattern tool. 10K ??
The updated chart for Ethereum (ETH) against Tether (USDT) in the 4-hour timeframe shows potential for a bullish scenario. Here's the analysis based on the chart: The price is currently within a falling wedge, a bullish reversal pattern, where price action is making lower highs and lower lows within converging trendlines. This pattern often signals a potential...
and we are still in ONLY in phase 2 Phase 3 remember is when TitanX becomes Hyper deflationary. Which is due around late November/ December ... But if you are NOT positioned before then it could be too late to enjoy the potential X's that come this ecosystem's way in 2025 #DRAGONX has already done over a 40X from it's bear market low just a few weeks...
Overview: As we wrote on Sept 1st: "Tuesday brings a wave of bears." It's been a strong start to the week for bears. The VANTAGE:SP500 is down 2.12%, pushing aside hopes for new all-time highs and forming a pattern resembling a double top. The riskier NASDAQ:QQQ dropped even more, correcting 3.04%, further confirming bearish sentiment. Both of these...
Today I want to try something different. I want to talk about your most unpopular opinion, the kind of opinion that will get you a lot of 🤡 emoji's on here and other forums. This is your chance to share your widely unaccepted opinion. Most might disagree, but deep down you still know that you're right. Here are a few of mine that might rustle some leaves: -...
Here is the daily chart of Ethereum (ETH) against Tether (USDT), with a focus on a potential short scenario. The analysis based on the chart is as follows: The chart shows a clear descending trend with lower highs and lower lows, indicating bearish momentum in the market. The price is currently near a key support area of around $2,360, highlighted by the brown...
ETH trades around $2.46k, potentially losing short-term support. Closing below $2.42k could mean a retest of $2.34k - $2.37k.
The accumulation and distribution volume matches the positive and negative money flows of the first 5 waves in a Jesse Livermore stock cylinder. Will wave 6 see a rush of positive money flow into #Bitcoin into the end of the year? Let's see If it does then that will further cement this pattern of accumulation , sideways movement then breakout with...
Ethereum (ETHUSD) may have completed three straight red months (1M candles) but despite the recent correction, managed to close August above the 1M MA50 (blue trend-line), in spite of touching it earlier within the month. This is a key Support level as it also held during the August - October 2023 bottom formation, initiating the multi-month rally up until March...