$ETH has seen sharp correction from its all time high over $4300 to levels below $2000 now. The current price range is an area $ETH hovered in for over 65 days on its way up to the all time high. Assuming a sense of symmetry is respected, could we see a long period of a range bound sideways market between $1400 and $2000 like we saw during the climb? The video...
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we endured and hopefully survived through. Markets are designed to shake you out UP ONLY doesn't exist in the real world in a real Marketplace ... save that for the PONZI schemes (ahem Madoff) The days of 80%+ value destruction in #BTC SHOULD not happen (unless we see a HUGE spectacular blowoff event)
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for ETH, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
Ethereum, value area is broken. 2nd goal achieved.
Another interesting structure with BTC. Have a look at the overlay's here. Here's the link to part two of the Wyckoff basics; Here's the original call for the drop - the levels were pretty respectful as a whole and hit the target a bit quicker than planned. Disclaimer This idea does not constitute as financial advice. It is for educational purposes...
ETH - Hit 1st goal. I think it might stop at the trend line
ETH, Local trend line is broken. We are still in a range
Ethereum - I also think that 2nd wave down is possible
we are near top of bull season as per btc dominance chart.. BTC dominance 40 means we r in top of alts season and now $btc dominance near 45%.. Now market will wait for fresh investment.. and it will come in BTC first.. so there is two situation 1. if btc price jump hard in 6 month than alts will dump in same period , but they will bounce back once btc stable at...
Bitcoin is at the trend line, SL of sellers might skyrocket it.
Ethereum and most alts are currently looking weak. That weakness is equally visible vs Bitcoin. In this video we walk through some support and resistance levels and what are possibilities support target levels. We also discuss where it could come structurally bullish from where we currently are in price and time basis. Since this a pretty much macro video....
POTENTIALLY YES all is not lost but there are technical risks to the downside but also historical reasons to see this is as AN OPPORTUNITY wealth is made during these times of max PAIN.
10 sec video showing Eth vs Btc triangle formation
Let's focus on the BTC / M2 ratio. We just hit a crazy support!!! Ready to pump.
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