Polkadot - Entered a LongJust entered a long on DOT.
- clear invalidation/risk (2.25%)
- clear targets above
- dotted line is where this could SFP, if that happens I may manually close
- plan to move stops up to break-even if I can
If this breaks down, it's pretty bearish so I have conviction knowing that I'm fine being wrong if the overall trend is still down, but if this continues higher it has potential
Lets go.
V
Ethereum-bitcoin
Ethereum/Bitcoin: Overview correlationEthereum look that has a bearish evolving in weekly timeframe, what it's a moment to sell Ethereum as Ethereum can to make a deep impact in front of U.S. Dollar in front of this bear market what crypto living today.
Also, it's obviously that Bitcoin it's still bearish, one of the best strategy to accumulate Bitcoin using altcoin it's knowing the 3 key points:
1. U.S. Dollar value
2. Ethereum/Bitcoin or Altcoins/Bitcoin
3. Using Bitcoin dominance (to know when Bitcoin it's weak as strong in the trend)
That it's a smart strategy that I ever learned throughout of my crypto-experience since 2018.
So, there're a lot way to accumulate Bitcoin like making trading and find up consistent ROI, hold Bitcoin and using the old strategy that I know when we analyze altcoin in the strong dominance, that will be the case that they rise up in front of Bitcoin value. An also, you can to make trading in some crypto-broker that offer a lot instruments in the financial market like Forex, stocks, crypto or commodities and the benefit of them it's when we see a U.S. Dollar strong, a Bitcoin strong, an Ethereum strong, we could to change it for the convertibility to fiat to Bitcoin or Ethereum, or Bitcoin to Ethereum, and more.
A good broker called Prime XBT offer it to trade this thing.
But well, more later I will deepen this theme about Bitcoin and altcoins
Technically, we see that Ethereum/Bitcoin look in this bearish side, as Ethereum look more weak in front of Bitcoin value, I hope a drop in the Ethereum in front of Bitcoin value that could to reach down toward 0.038 BTC in the next month, it's a good chance to buy Ethereum later to accumulate a lot quantity of Bitcoin or an smart strategy it's making trading and starting to buy Bitcoin now and find up a goal like 20% monthly and each month re-buy more Bitcoin and then successively. Because as right now Bitcoin and Ethereum down, later of this bear market, I look that Bitcoin could to take more influence in front of Ethereum and altcoins giving us a clue of what the dominance could stand up after that Bitcoin repeat the same cycle in 2019 when Bitcoin dominance climb and altcoin weak in front of Bitcoin value. But for that, its essential to know every situation of each altcoin as I prefer that Bitcoin goes climb and Ethereum still more weak in the next month, and also a fix target could be 0.023 BTC for Ethereum/Bitcoin.
So guys, this it's a fundament and vital information if you want to know where to invest your own money later of this bear market. First starting to buy Bitcoin and accumulate Bitcoin and keep away of Altcoins for now and starting to accumulate Bitcoin for now and learn to make trading if you want to grow up your Bitcoin assets. Until the U.S. Dollar still more stronger, it's a way to apply it and change Bitcoin or Altcoins for Dollar when Bitcoin/Dollar may to weak and then, you must to re-buy Bitcoin in the deep and hold it. It's very hard to understand it, but if you have an ability, you can to get success in crypto-markets .
I hope that this information support for you. A lot content like this will be created very soon!!!
Keep update!!!
Max Pain Approaches, But How Low Can We Go?As stated in my last Chart a few months back, we are finally approaching the 2-week 100 Simple moving average. This moving average has historically acted as a magnet & major support for the market for the last 5 years. It would make logical sense that we see the same thing happen again. I see many calling for a $12K bottom, which is entirely possible, but we'll see if this 100SMA can continue to act as major support for the crypto markets again. Remember... Stay level-headed, be logical, and don't follow the crowd.
Ethereum Versus Bitcoin: Getting TightBITFINEX:ETHBTC Ethereum / Bitcoin is getting curiously tight around the 50% Retracement Level. Price abhors a consolidation and one direction or another we can expect to see a fast move away from this level. It will be interesting to watch this near term answer to the debate of which currency is going to become more dominant...
See below for Higher Timeframe Analysis
Ethereum: Bottom Price with Timeline (UPDATE)Hello friends, today you can review the technical analysis on the 1M (monthly) linear scale chart for Ethereum (ETHUSD).
UPDATE FROM AUGUST 2022 CHART!
I placed vertical lines for the month of April from 2017-2025 to show up to now and in the future when price may start making major moves. The current structure looks very similar to 2018 and my prediction shows the same type of movement for Ethereum.
The concerning factor is the price has a significant downturn to go based on this chart scenario. Other concerns include low volume, bearish MACD, and RSI is below the support line.
The long-term looks positive for Ethereum as I see upside over $8K but price may need to get to around $200 before it goes higher. Hold on tight!
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
BTC & ETH - Detailed Top-Down Analysis - Day 81Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
81 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
ETHEREUM ROAD TO 1096 | BEARS AREN'T OVER YET Right guys!
I know it's been too much and most of you want it to pump hard but in trading there are 0 emotions if we keep on hearing to our desires then we may loose it all.
So here are some of my points, eth wasn't able to properly cross 2k and it went all the way back to that very trend from where it started pumping.
Things take time to settle after such a big dump and that's what is happening.
According to me it's a short
And in next 3 days you can see eth at at least 1150 moving over 1096
Eth wasn't able to cross 1380s
So i want you guys to at least keep this much margin in your trades so that even if you're at long then you must be saved
And if you're on short you can gain good, don't close at 1200 levels.
If you like my idea
Please give me a like ❤
USDT.D CONTINUATION BAD FOR CRYPTOUSDT.DOMINANCE CHART
Weekly and Daily timeframe Symmetrical Triangle in play with target as shown just past the Range High at 10%.
Not good for crypto because going above the blue line 0.382 labelled above market = Chaos.
RSI printing Bullish Divergence.
I also believe we are in the 5th Impulsive Elliot Wave with blow off top, followed by an ABC Corrective Waves.
It is just an idea but if it plays out very bearish for CRYPTO.
ETHUSD $ETH.X Ethereum cycle Outlook From 5K max high level that we saw NOV 2021 ( same period High for $SPX) we only see, lowest level, #RSI indicator can help US to understand this behavior.
The New Bear Trend Just start, from 12 sep RSI cross above 70 level, and now apparently must go to 30 levels, in this #bearchannel.
if we use Volumeprofile indicator we see very clear that next conhgestion level is too low ( near to 500 usd range zone). :(
Other waise maybe if RSI star to develop convergence, he can hope and more less we say after upside broke above 2.000 lvl, potetial valuation. this is very difficult more when all big wall street guys looking more BEARs into stock market.
Gala forecast and signal.Hi traders,
After the dip falling that Bitcoin and Ethereum had (and will have), I enter a sell trade for the second wave of GALAUSDT price declines.
Good luck All 😊
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✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
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✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed, and ask any questions about chart analysis.
Thanks for your attention