SOL next few daysThis is my thoughts on SOL, and It is my #1 pick for best recovery but we need to see it brake that resistance line for a bull run confirmation.
Ethereum-bitcoin
Bitcoin Next Week Price PredictionI Would Like to Share My First Analysis Dated 19-June-2022 for the bitcoin price prediction in the next couple of days.
We predict the Bitcoin price may decline on Monday 20-June-2022 to 19200-19500 . which consider a good opportunity to buy it with a target of 22800-23200.
We don't advise you to short now but hold on to your cash whether it reaches the above-mentioned price which is a good opportunity for a long trade.
Keep in mind that prices may go straight forward from the current level directly to 23000 Usdt without any correction, based on that never go short position in the next week.
Regards
SPY and BTCUSDT correlation - Spy @ 290 = BTCUSDT 12kLooking at the correlation between SPY and BTCUSDT (binance). We can see that they are currently holding alignment, I expect Crypto to fully de-peg the financial markets at some point in the next 18-24 months.
If you have any suggestions for this TA please let me know
Crypto Market Mark-Up IdeaFor the majority of coins that failed to set new highs during the recent bullish wave, it wouldn't be too far-fetched to see a nice mark-up phase fueled by smart money.
From a technical perspective the structure is all there, and from a fundamental perspective, these coins are dead... no one is watching them, talking about them, especially not buying them - the perfect recipe for smart money accumulation.
Along with the large caps like BTC and ETH going into a temporary retracement, it will be interesting to see whether or not the lagger coins simply continue to follow along with BTC, or finally have their moment.
Visualizing the scenario, an XRP lawsuit win would also be the perfect recipe for smart money to cash out once we reach distribution phase/retracement zones.
ETHUSD Daily TA BearishETH/USD Daily bearish . Recommended ratio: 5% ETH, 95% Cash. *The House of Cards is continuing to fall in leveraged crypto land with 3AC, Celsius and Babel all either pausing or limiting withdrawals/redemptions; not to mention Microstrategy quickly approaching a margin call on their leverage long BTC position that may have actually been hit when BTC touched $17600. All that said, there is officially blood in the streets, so to all my investors out there, I'd say it's safe to start Dollar Cost Averaging in to some of your favorite shitcoins (with a long term horizon in mind).* Price is currently trending down at $985 after briefly touching $881 as cryptos continue to see selling pressure; $775.83 is the next support that was last tested (as support) in February 2018, if it falls below this level cryptos (as a whole) will likely be wiped out and have to start anew with a whole new paradigm of value. Volume is High and is currently on track to favor sellers in today's session if it can close in the red. Parabolic SAR flips bullish at $1400 which coincides with the lower trendline of the descending channel from October 2021. RSI is currently trending down at 19.41 as it quickly approaches a test of the ATL at 17.42, a break below this level would help confirm that cryptos are essentially due for a wipeout cleansing. Stochastic regressed to a bearish crossover in today's session and is currently trending down at 2.72 as it hovers above max bottom. MACD remains bearish and is currently trending down at -257 with no sign of trough formation as it has officially lost -197.34 support (the next support is at -318.82). ADX is currently trending up at 50 as Price continues to fall, this is bearish . If Price is able to bounce here then it will likely test the lower trendline of the descending channel from October 2021 at ~$1300 as resistance. However, if Price continues to fall it will likely formally test $775.83 support. Mental Stop Loss: (two consecutive closes above) $1300.
$960, Fibo ClustersOn 4H TF
BINANCE:ETHUSDT is trading around 1100
I figured out Fibo Clusters at $960
What next, wait and see
Trading Signals (30% gain in 5 days)Hi guys,after this glorious trade on ETH (30% gain in 5 days) we decided that we want to share our nicely working algorhythm to a wide auditory.
In order to be a part of it and to make sure that youre mostly on the right side.
This is a page for traders which dont want to be all the time in the markets,c but for traders which want to be in, when the "party" really begins-
So make sure to be a part of it as we will update the signals we post with Take Profit alerts aswell as when we Exit those Trades.
This is of course no financial advice
See you soon guys
PyjamaTraders army is building up!
Wonder when you should buy Ethereum? Expect ETH to be 800-1K + when ethbtc reach 0.0265 to 0.033
Buy eth when 1)800-1K and 2)when ethbtc is at around 0.0265 &0.033
WTF Is Happening To Ethereum?!After the Market Crashes in The Last Few Days, Following The Loss of Some Important Technical and Psychological Supports of Ethereum, This Cryptocurrency Lost a Much Larger Percentage Reduction in Price Compared to Bitcoin. Examining the Bitcoin-based Ethereum chart, Ethereum Has Been Able to Fill the Liquidity Void Left Over From the Past Uptrend During This Price Correction, and By Hitting Liquidity Areas in Several Times, Has the Potential to Reverse the Trend. It Should Be Noted that By Analyzing The Chart From a V.S.A Perspective, One Can See The Tangible Inflow of Smart Money. However, Given The Amount of Tick Volume and the Size of The Candle Wicks, It is not Out of The Question to Retest Supply at These Levels. If The Supply Test Is Successful, The Scenario Drawn in The Chart Will Be The Most Likely Scenario For ETH/BTC.
BTC SUPPORT LINES AND GAME OVER RIP LINE. This chart I am showing you what I think are the support lines that must hold or down to the next is 100% guarantee. Note the 3k line IF we go down that far must hold or DEFI is dead and all coin is nothing but a memory of how the world lost money. Also know that the longer we go down and stay down, the bigger the recovery will be. This is crazy and stay clear of alts, some will die. My TOP TEN LIST, of coin I think will recover best are in no particular order are. BTC, ETH, SOL, MATIC, CRO, SHPING, DOT, AVA, ADA, UNI. No I did not list meme coins because they are manipulated by twitter critters who just smell MUSKY to me. I think 10K is going to hit and I hope hold, but no one knows anything anymore at this point, Best of luck to you all, I might place some more at 10K but I want to see 3 steps up before I go long with a real investment. It will go up, just have to wait months or years, No one knows anymore, until lending coins stop failing. But things happen in 3's and watch for big time regulations to hit hard as feds get protective due to all them crying eyes who did not believe the crash, heck, this deep down got me off guard. I thought 23K would be it. I was wrong. Be safe, Be smart, and get wealthy my friends.
ETH moves sideways around $1,800, break lower incoming?Ethereum price analysis is bearish today as we have seen further consolidation and an inability to recover over the last 24 hours. Therefore, ETH/USD should follow along with the overall trend and break lower again by the end of this week.
The market has traded with mixed results over the past day. The leader, Bitcoin, lost just 0.23 percent as consolidation continued, while Ethereum saw a slight gain of 0.21 with similar price action. Meanwhile, Chainlink, Vechain, and Tezos were the top performers from the major altcoins with over 6 percent gain.
ETH/USD traded in a range of $1,777.97 to $1,827.29, indicating mild volatility over the last 24 hours. Trading volume has declined 44.08 percent, totaling $12.4 billion, while the total market cap trades around $218.47 billion, resulting in a dominance of 17.56 percent and a market rank of 2nd place.
ETH/BTC is attempting to consolidateETH is attempting to consolidate above the 2.618 level on the monthly log chart and approaching the 21 fib zone which is a key reversal point. This maps to the beginning of August 2022... I'll be watching price action on lower time frames until then.
Price is currently sitting at the 21 EMA and the 50EMA is below 2.618...
If there's no clear bullish impulse above 2.618 then price is likely to retrace below this level for an extending period of time. I'm targeting the lower range of the gaussian channel if this scenario plays out.
BTC will likely see upwards momentum before ETH in the next bull cycle which supports the bearish scenario for this chart
$ETH / $BTC Weekly (Log) Trendline Paired w/ RSI: Best Buy Time!Hello Traders,
Please see the chart for the best time to buy historically.
The ETH/ BTC pair has been following the yellow trendline since its first touch back in 2017, right before putting in a massive green wick of over 13k%.
Since then the price action has hit the yellow trendline a handful of times but the two best times to buy, were when the price action hit the yellow line, while the RSI level dipped to the 30 levels.
You can see on the chart I outlined the RSI levels with the dashed green line.
If we are lucky enough to get another scenario like this, we would need to see a price of around 0.0409(BTC).
Patience, no FOMO, just setting great buy levels and waiting, is the name of the game.
Good luck!
ETHUSD: BearishHello Traders and Investors,
Crypto and markets overall haven't been looking good all year. We can clearly see that ETH had a head and shoulders pattern that broke the neckline. I am expecting the price to continue to move down in the coming days and weeks. We will have a small relief rally once the target is reached. I am waiting til then to go long if opportunity presents itself.
However, I do believe BTC will head back to 20k at some point. So whenever that happens we will start accumulating more ETH for the long hold. If the price continues to dip, we will buy more ETH and hold for the next bull run. It will come like it had multiple times in the past.
Thanks
ETH/BTC DIRECTIONAL SUPPORT & UPDATE For those of you ( probably like 5 people ) that had the opportunity to read my last idea about a possible perfect bottom. Looks like the bottom we called was within 10 +/-. Pretty good! The Weekly RSI indicated selling pressure was exhausted. Now that we have confirmed the beginning part of that idea, I'd like to share some of my thoughts. I have been considering the idea that many bears are pushing that we will see a dip down to the 21-24k range. While I have prepared for such a drop, it seems a bit exaggerated based on the market technical ( but not impossible ). The recent spike in prices shot the RSI beyond the 70 + range then it quickly correct balanced while retaining a higher price again showing me the selling pressure is getting exhausted at these levels. Right now, I am looking for another solid RSI spike to 80+ hourly range followed by a deep correction below 40. If the price vs RSI continues to balance upwards, the less likely we will see this 21k-24k bottom. Given the situation, this is a good chance for solid bear trap followed by a solid short squeeze back to the 42k range.
Ethereum Spec - Interesting Level, Interesting Volumes, Intere..-This is not a trade or financial advice so please use your own discretion and appropriate sentiment to make IB decisions.
Interesting area, though we are in bear market.
Big money moves on both sides of market to happen. Looks more likely to bounce temporarily from here than fall through a cause de volumes.
Je pense que there is a minor retracement here part of larger trend to push lower though for now said vols do not suffice the power to fall through. Couple areas of interest I would note for way up and look for signs of exhaustion/loss of steam.
Personally I think 3 figure Eth ($) is very much feasible before the commencement of the next cycle. (Stagflation on a list of circa alf a dozen) (I also think that 3 thousand Eth ($) is also very much feasible too.)
BTC Halving - 2024.
Historically, pre hype, pre cycle gives us a nice push and more heavy accumulation phase in the 6 months prior. I expect halting of the establishment 'Chop Shop' around Late Summer/Autumn 2023.
My personal strategy for now is look to trade swings where appropriate and DCA into my fav coins, I will be more aggressive with accumulation in 2023.
(Note: I am learning more and more about this market every day, these thoughts are my own and not intended for financial advice and I accept the fact that any ones views may not align with mine, I am always open to discussion as I am striving for improvement each and every day so feel free to comment or DM to discuss)
Also @NonFungibleGNGA on tweeter.
Drop and drop, support at previous ATH on 2018For a year, Ethereum BINANCE:ETHUSDT has dropped 65% from All Time High.
Right now, ETH is trading around 1,700.
It's creating a falling wedge. If ETH's perfect breakout, forget 1,400. Otherwise, we just catch it.
Scenario come back to 1,400 is more likely.
What next, wait and see
CHZUSDT on a CHANNELIn the daily time frame, it is located in a descending channel that the price provides appropriate support by reaching the bottom of the channel, and if the range is specified and the channel floor does not break, the price can advance to the midline and the ceiling of the channel.
This analysis will be updated if the channel floor fails.
Its not Buy or Sell SIGNALL
DYOR
BY : Mohamad Teriz - @AtonicShark
$ETHBTC 1HR Major Trendline ResistanceEthereum/Bitcoin is testing its major trendline resistance after 2 weeks of rejections and now a 5th attempt to break is really trying hard.
This goes hand in hand with the 1D/3D support trendline that it needs to hold. A break here would signal a support hold on the HTF, while a break would be, well, ugly.
Lot of recent choppy price action in the area where the breakout could be headed, so its a bit of a tossup. Break back down and .0675 should be a key support.
ETHEREUM 3D TF TA : 05.23.22 (Update) Examining Ethereum's chart in the 3-day timeframe , we see that the price has reacted positively to its support range (Bullish OB) . We expect the price to rise to $ 2700 as the first major price target if the support can hold the price in the $ 1700 to $ 2000 range, this is a mid-term analysis.
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 05.23.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
ETH WEEKLY (052322)How can you not be bullish in crypto right now? ETH weekly chart shows we are almost completing wave 4 correction and the next impulse wave 5 is gonna be epic! A good time for accumulation and always be patient. Not financial advice.
Ethereum/Bitcoin cycle prediction This is how I see Ethereum playing out and Bitcoin until the next halving look at my previous post for more detail
