WARNING - Ethereum followed Bitcoin this weekThis subtle price action requires no indicators. Following the failed breakout of INDEX:BTCUSD last week BITFINEX:ETHUSDSHORTS did the same pattern. I pointed this out during my Friday livestream that all traders should watch for this weekly close. The week did NOT close to confirm the new ATH. This is a very dangerous bearish signal for crypto. Ideally, traders should have been able to retain the momentum to continue the trend.
See my linked ideas below for more examples of what can happen in these situations across all instruments. The key idea to watch is what I published in February on another such All Time High test of Bitcoin...
Ethereum-bitcoin
ETH 4000 solid base for take off to $7000, past $4200Some solid support being tested at 4000, ETH is a little lazy at 4200 but will some sat will help it get going a bit. Bullish trendlines. ETH is getting burned by any joe wanting to be a validator (low energy) for ETH2 needs to stalk 32 ETHs. As Ethereum V2 goes from testing to mainet, ETH will become scarce in supply as more shops will want have built in ETH validation and that requires 32 ETH to get setup.
Lay back, enjoy the sub $4200s Once this runs, better to be on board that on the sidelines. Don't stand to close to the launch pad as this Internet Money and distributed finance (DeFi) takes off.
NuCypher Squeezing After a dramatic pump NuCypher has pulled back on price and has been moving sideways cooling off really starting to squeeze between a support of $1.08 and a resistance of $1.18. May be forming a new price floor after its pump. Most of the buying and selling after the pump as occurred at $1.44 which is a point of control (POC). NuCypher seems to be holding well "so far" above $1.00. We're still up 285% within the past 2 weeks so keep that in mind. Keep a look out on NuCypher's movement and on your radars.
Internet Computer (ICP) Has Been Consolidating Will Get to $60Internet Computer (ICP) has really been squeezing in between $42.00 - $50.00 for the past month. Not much volatility has been happening with ICP it's just been moving sideways for most of October. It has not been up to pace with most of the market this month. When coins are moving like this these are the ones I like to keep an eye on. The majority of the trading has been at around $45.50 since July which is serving as the point of control (POC) for Internet Computer. It's becoming clear that a lot of accumulation has been happening in the mid $40 level for ICP.
Essentially Internet Computer is striving to become a decentralized global computer that is geared toward cryptocurrency ecosystems. It's still a relatively new project and it has very strong crypto institutional backings. Once it fully breaks past it's current resistance of $53.00 I believe we will se ICP back in the $60 levels. The a nice amount of upside from these the lower to mid $40 range and we're still mellow on the RSI. Keep ICP on your radars!
Support: $42.50
Short Term Resistance: $48.55
Resistance: $53.00
Much peace, love, wealth, and health!
₿ ETCUSDT 1D ₿ : 24.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask . My personal opinion : Personal review to buy (Buy Recommendation)
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 24.Oct.2021
⚠️(DYOR)
₿ ETHUSDT 1D ₿ : 23.Oct.2021This analysis is a check of the chart in a Daily time frame and everything is clear on the chart and does not need additional explanation ... However, if you have any questions, feel free to ask . what do you think ?? Bull or Bear ?? which scenario is more possible ??
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 23.Oct.2021
⚠️(DYOR)
BTCBUSD 15MINBTCBUSD is on a up move and making a trendline in a smaller timeframe braking that and retesting it now, after pullback can give targets of 69000
ETHEREUM ETC Bears? Anywhere? ETH2 validation costs 32 ETH...So, the charts indicates on the short term timeframes ETH, is running a little hot. There's a lot of buyer interest? Humm. Could it be because you need to buy and stalk to burn 32 ETH for every payment validator?
So like Joe and Jane could setup up shop in their little community and become the payment processor for just a bit of hardware, knowledge and 32 ETH???
Wow, Any reason to be bear on this pillar of cryptocurrency? Please comment in any case. Anyone interested in getting "down and technical"? LOL
My target for ETH? $10K real fast. Once the World understands Bitcoin and Ethereum will replace VISA, Mastercard and private/crooked/world banks. The worlds best Trojan against corruption and greed was unleashed in 2008 to fix the monetary war that started 50 years ago in 1971 with Nixon telling the world the US "IOU" would be paid back with weapons instead of gold.
Do good. Don't trust banksters, it's "their money", you're just borrowing it. Trade it with something of some value!
TOP CRYPTOS
BITCOIN BTC traded on cryptoexchanges like Binance or Coinbase, HODL via cold metal wallets (don't long term hold electronically)
ETHEREUM ETH The swiss army knife of cryptos, you need at least as much as BTC no?
SHIB Shiba - To pick a good third crypto, you need to follow the leaders. This one is open source, open community and the hidden rocket man is having a shitload of fun with this one.
Question? Can you easily be a billionaire of something in 2021 relating to crypto? Yep! Get in early on a massive burn!!! LMAO! You have to be a geek to know one! LMAO!
Ethereum Q4 UpdateWhat a time to be in the Crypto space! As BTC broke All-Time High, we will be seeing Ethereum breaking his anytime now. After following by an upside move at least to 4,400 that is where the next resistance is at. This move will cause the 3rd phase of the crypto upside cycle, Bringing the Altcoin space to new highs with large profits. Q4 is coming fast be ready and have a strategy in mind.
If you haven't done so please take a minute to see my accessing channel and how Ethereum has been respecting it, see how the Moving averages are simply carrying Eth upward making it less overpriced to more stable prices, which is good and healthy.
You can now observe Eth is trying to break the 4000 level. for the 3rd time, it is piercing. This resistance is now getting extremely weak, when it does like I said it is a trade opportunity toward the 4,400 lvl.
As now BTC broke ATH we are in discovery mode. there will be resistance at 70k lvl and 4,000 lvls
As I stated on Aug 9 in the analysis above. We are still in a bull run. I expect it to last until the end of the year, before hard correction. . If you want too long I would long ETH or other Alts such as ADA BNB. Please show support and stay posted for updates. I will be bringing more exciting trends and analysis ASAP
Smogster...
Get Ready for the Great Ascension. LeakNot investment Advice. ⬆︎
As you know, we have seen ethereum and bitcoin return to their former levels.
We think all altcoins will approach record levels.
Bottoms will appear with Bitcoin's Retest.
And we will never see these levels again.
Estimated levels
Bitcoin bottoms are 47800-48600-49400-51800-52300-53300.
Our goal is to increase our Ethereum Classic number.
We will buy again at support points.
We say we have increased the number of "Etc" we have.
We are not afraid of manipulators like JP Morgan.
+mining
+macd sales stopped
+grayscale
+jpmorgan
Congratulations in advance to the new rich.
Green = low
orange = medium
red = high
Kusama (KSM) Will Be Heating Up $400 IncomingKusama has been slowly marinating about to cook up. With Polkadot (DOT) trending towards all time highs Kusama will most likely follow in the weeks to come. Kusama has been moving sideways squeezing between $315 - $350 since September 21st and now fighting to bust pass the $370 resistance area . A run up back to the $400 point of control (POC) area will be more probable once a full break past resistance happens. Still a good amount of run up on the RSI as well. We've been on a nice steady uptrend since July 21st. Kusama has a good chance of re-testing its all time highs as well.
Keep Kusama on your radars! There's still a nice amount of room for growth with only a $3 billion market cap compared to Polkadot's $43.3 billion. Only a max supply of 10,000,000 coins!
Support: $315
Resistance: $370
Much peace, love, health, and wealth!
ETH-BTC During Bitcoin SeasonBitcoin is nearing it's all time high again. Assuming Bitcoin season is here, what is the likely path of ETH? For this bitcoin season it looks likely we'll be up in USD on ETH by December. In 2020, ETH doubled while BTC tripled in the fourth quarter. So it also ended up up in USD.
ETH/BTC support lies at 0.055. We'll see if we reach it before ethereum turns around for ETH season. I will keep track of where various points in the channel are as the cycle continues.
₿ ETHUSDT 1D ₿ : 16.Oct.2021 (Update)Well, as we can see, the price is still moving towards its ATH and the price peak will be reached soon. To find long-term targets, refer to the analysis attached to this analysis ... ETHEREUM will have a $ 20,000 target in the long run.
Long-term Analysis :
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Oct.2021
⚠️(DYOR)