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Ethereum (Cryptocurrency)

My understanding of the market cyclesThe idea is purely for educational purposes and SHOULD NOT be considered as trading advice. Based on my understanding of the market cycles I have tried to summarize how the money flows into the crypto market using Bitcoin USD and Large Cap Index/ BTC price as reference. The large cap index consists of XRP, ETH, LTC, ETC, NEM, XMR - basically large caps which are consistently in the top 15 since 2016 and covers more than 50% of the altcoin market. There are several reasons why newer alts(like BCH, Cardano, Neo) are not considered for the analysis, lack for sufficient historical data being the primary reason. Moreover, I have seen the market to move in tandem i.e. all altcoins go up and down togeather so the index is sufficient to study the market cycles. I hope you like the idea. Please share and follow incase you find it useful. I am also curious about why
Education
by saurabhbansal123
4
How to Trade Bullish Flag Patterns - ETHUSDThe flag pattern is fairly simple with just three components. 1. The flagpole 2.The flag A strong up trend Ideally, we want to see a retracement of 38.2% or less for trend continuation. To trade the flag, you can time an entry at the lower end of the price channel or wait for a break up above the upper channel. Look to take profits by projecting the length of the flag pole at the bottom of the flag. Stop loss is to be placed below the flag channel. Anyone interested to know more about forex, cryptocurrencies or crypto mining feel free to drop me a message here.
COINBASE:ETHUSDEducation
by lyl89
3
Pending Orders & Important ZonesI would like to show you a good example explaining why we should use pending orders for entry the markets above/below important zones. Several days ago I wrote about possible trading opportunity for Ethereum Classic. You can find this post in related ideas. I wrote that the price bounced from the resistance zone which was formed by SMA100, the downtrend line and 11.00 resistance level. We got a new swing high as an important level for placing pending orders for buy. And now we can see that this idea was right. Buy orders allowed us to entry this market on time. You could miss this trading opportunity just trying to get the better level for entry and more solid signals for buying. The price reversed and moved upward very quickly. The 1st profit target was reached and we made some profit. If you can't monitor the markets 24/7, using pending orders and important zones is a good way out for catching price movements on time. How to do it correctly? If we have bearish markets like in this example, we should place buy orders above the local swing highs, downtrend lines, resistance levels. If we have bullish markets, we should place pending orders for sell below the local swing lows, uptrend lines, support levels. When the price breaks such zones, we should expect for strong price movements in the direction of breakouts. It's good strategy for entry and you can use it on any markets and time frames. Just don't forget about proper money management and you will be in profit in long run.
Education
by DLavrov
15
Is it always a good time to buy ICOs?For an ICO to give you a positive ROI, history shows that an average time frame of 6-9 months is needed before the market starts to move into markup phase. This time frame is shortened as the bull market gets closer to the end, as time frames compress, and price action accelerates. Furthermore, towards the end of the bull market, the returns in % become much lesser. The best time to buy an ICO is when: 1) BTC price is cheap 2) We still have a foreseeable bull market ahead However, as the bull market comes to an end, the risk of btc price decreasing, and having the altcoin be slow to market, multiplies the risk (of buying an ICO) exponentially. With this potentially being the last leg up for BTC and consequently for alts, please thread with caution.
BITSTAMP:BTCUSDEducation
by onemanatatime
2
This Is The EndFew people realize it, but the cryptocurrency markets have already topped. Bitcoin is currently bouncing back to the $4,500 area, at which point big money bottom accumulators, who were taken by surprise by the recent aggressive dumps, will proceed to exit their positions by selling Bitcoin as well as other cryptocurrencies such as Ethereum. This will create a blatantly visible double top on the daily and weekly. Bitcoin's price will then proceed to decline by around 80% over the next year or so, powered by profit-taking, miner dumps, government crackdowns, exchange closures, and panic selling by hundreds of thousands of schmucks who bought in at the top of the bubble. My target is $999 or lower by the end of next year. I've been in bitcoin since 2012. It's been an incredible ride. But at this point, there's nothing powering price anymore beyond the expectation of higher prices by junk/dumb money speculators. This fundamentally defines the top of a speculative bubble. This is the exact same market sentiment that was around during the 2013 run-up from $100 to $1200 and subsequent bubble pop. It was simply impossible for many market players to imagine that Bitcoin prices would plummet. This is a severe psychological limitation that's especially pronounced in the cryptocurrency markets. Greed is rampant and big money is out to profit as much as possible on the backs of the endless new, dumb money coming in. Just a couple of weeks ago, a Russian grandmother ("babushka"), a distant relative, called my people looking to invest her life savings into digital currencies. She has no information about bitcoin beyond the fact that she'd heard prices were going up and that it was an easy way to make more fiat. C-list US celebrities are also jumping on the bandwagon. Floyd Mayweather, Paris Hilton, and Kevin Hart are just a few of the folks who recently sought to promote worthless ICOs and cryptocurrencies to their social media followers. Ray Dalio, head of Bridgewater Associates, the world's largest hedge fund with $150B AUM, recently expressed his thoughts on Bitcoin. Knowing Dalio, I know for a fact that he'd never talk publicly about anything without having done incredibly thorough research and dampened his psychological biases by speaking with the most talented people in the space. Dalio said bitcoin is a massive speculative bubble. I tend to agree. It's hard to imagine Bitcoin prices plummeting if you've been in the space for a while. You've drunk the Kool-Aid. You're part of a community that believes one thing and it'd be wrong to believe otherwise. My friends, I urge you - take a step back. Look at the facts. Look at the charts. Listen to the people who have decades of financial market experience and who've been through dozens of hype cycles. They've lived it - they know what they're talking about. Bitcoin won't die. Its price will simply decline by around 80%, as will the prices of the majority of altcoins. Until the next hype cycle.
BITFINEX:BTCUSDEducation
by UnknownUnicorn38668
154
How to Make Money in Crypto MarketsIf you read this post, it means that probably you are interesting in making money in the crypto markets. You want to trade cryptocurriences and multiply your investments. But do you really think that it's easy? The cryptomarkets open for everyone great opportunities, but you must have some skill for conversion these opportunities into real money. If you think that everyone can make stable profit just buying coins and holding them for long term, I should tell you that you are wrong. You can face with troubles which can beat you and your deposit. And what should you do for avoiding such cases? The answer is very simple - you must know how to trade and manage your money properly. You must have knowledge, trading strategies and an accurate trading plan for making money in long term. You must have discipline for following your trading plan day by day. Only in such way you can expect safe and profitable trading. But I see a great number of novice traders who know nothing about proper trading. They make all possible mistakes. Buying on tops and selling on bottoms it can give you some fun and a lot of emotions. But if you want to make money you must trade in other way. I advice all novice traders think about their trading. Ask yourself, are you ready for real trading? Do you have everything for proper trading or not? Do you have understanding how the markets move? Do you know when you have to buy and when to sell? Do you know how to manage your money properly? If you don't have answers for these questions, you should stop your trading on real money. You have to start learning the theory and start working under your trading plan. You must note that without these components of successful trading you can't make stable money in long term. I advice you to start trading in the crypto markets in right way from the very beginning. While you learning and searching for suitable strategies, you can use trading bots or trading signals as a variant of trading. It will allow you trade in the crypto markets safely and gain experience. I wish you good luck!
Education
by DLavrov
28
ETHEREUM / D1 : Sinewave & Elliot suggests TP but still bullishCombined Elliott wave analysis and cycle analysis through PRO Sinewave (beta) both tend to confirm a TP area nearby the current prices which would mean the end of subwave 3 of our supposed last impulse (V) that is our extended wave. Which means that we may still have a final 5th wave to complete on the subcount in order to finish this cycle. Anyhow bulls must get out at that point and wait for retracement to eventually jump in again for the final wave 5 call. Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/comment/follow if you feel like it deserve it ;)
COINBASE:ETHUSDEducation
by PRO_Indicators
8
The best way to trade the most trade Cryptocurrency pair ETHBTCETHBTC is like the most traded currency pair, comparable with EURUSD. Currently the trend is strongly in favor of Ethereum it moved from as little as 0.01 ETHBTC to now 0.1 ETHBTC, which is an increase of price of more then 10 times or 1000% Best way to trade ETHBTC is holding all your money in Ethereum and whenever you see price drop to a retracement then you buy it, and when price breaks two resistance you sell it. Example When you start at 0.1 ETHBTC Buy at 0.095 ETHBTC and sell at 0.105 ETHBTC When you start at 0.11 ETHBTC Buy at 0.105 ETHBTC and sell at 0.115 ETHBTC Like this you are able to profit from both: 1. LONGTERM TREND of Ethereum 2. Dips from price drops and correction Result: You get a result that outperforms both underlying markets.
Education
by BTCSwisswatcher
2
ETHEUR: Long term view, chart of all chartsThis is how the Ethereum chart looks, plotted against the Euro using Kraken data. It has been the most reliable instrument to perform analysis on this pair, together with $ETHBTC from the Poloniex feed. Currently, we are tracing a daily, weekly and monthly uptrend. Periodically, smaller timeframes might be in a consolidation or retracement phase, to then rejoin the big picture trend in the monthly. Right now, we can anticipate higher prices all month, courtesy of the daily and weekly signals depicted in yellow and turquoise. This weekend is loaded with fundamental events that can further boost this rally, so I think it is logical to see $ETHEUR hit the daily and weekly top target zones in time or even earlier than expected. After the time expires for these signals, we could commence a consolidation phase, which can take a myriad of shapes, and isn't predictable yet, other than on a time duration basis. Normally, the market will absorb supply from profit taking, which takes a proportional amount of time to the rally itself, so it is logical to observe what Tim West has noted in his 'Time at Mode' proprietary method. So far, this methodology has served me well, and I would be glad to share the benefits of it with people interested in trading these powerful trends. Tim is working on new material currently, you can pm me or him to learn more about it. Now, on to the trading reccomendation aspect, if you're long, consider average volatility to determine your position sizing. During a trend, it is reccomended to gain exposure, and while consolidating, trimming it back down, or outright taking profits. Don't risk more than a 10% drawdown on a worst case scenario basis if trading long term, it will be hard to recover otherwise. Keep your coins safe in hardware wallets like the Trezor or Ledger nano, and make sure you do your due diligence when it comes to cybersecurity, and exposure to centralized exchange risk and margin trading. Good luck, Ivan Labrie.
Education
by IvanLabrie
34