Let's look back at the previous bull market. As you can see, with the explosive growth of DeFi, the bull market officially started. The upcoming bull market can be the same. We expect to see massive adoption of retail and commercial investors this time. What is your DeFi bet? Will you play it safe or high R:R? Let me know below!
Today I want to consider the vigorously gaining momentum PNT which has repeatedly brought a profit of 50-100%. At the moment, there is an exit from the triangle and a downward medium-term trend with the consolidation of the bullish trend on the indicators on the day. Usually, the goal of exiting the triangle from the third wave is to surpass the first wave (0.25...
Bitcoin has been gradually trading upwards since the huge move late October. As seen on this chart, BTC has continuously making higher-lows alongside the purple dotted support line. As of earlier today, BTC hit the support again and saw a bounce from the lows. However, as long as we're below the yellow dotted resistance there might be a higher probability for...
Bitcoin is currently in the process of breaking out of a bullish flag pattern that has been in the works ever since we hit 35k last week. If we can get a 4H candle close above 35,250 I'm considering it a successful break out, with a likely continuation of the bull trend. 40k is my target for now, as per my initial bullish break out analysis several days...
Hello everyone, let's take a look at the ETH to USDT chart on a one hour time frame. As you can see, the price came out of the local upward trend line. When we unfold the trend based fib extension grid, we see a support zone from $1,854 to $1,837, which stopped the decline, then we have support at $1,815, and then support at $1,753. Looking the other way, there...
The altcoin market, measured by TOTAL3 - the total altcoin marketcap, has been severely underperforming Bitcoin this year. However, there might be coming an end to the seemingly endless suffering of alts in the coming months. The inverse head & shoulders pattern, which started to form over 1.5 years ago, has broken bullish. Classically, inverse head & shoulders...
Flow fell by -99% from the ATH. This is a massive liquidation and capitulation of holders. I think it's time to recover. Now the price broke the 800-day(!) wedge and grew by +50% in 4 weeks. 💥 What targets next? The closest local targets at $1 and $1.45. The glovbal targets are on chart. like❤️ and follow Check the links and get a BONUS🎁 from me👇
Ripple made a strong pullback by -55% after the liquidity collection. The price falls to the launch pad 🚀 and continue to consolidate inside the massive triangle. 💥why does no one think about this pullback as an opportunity? think about it. The closest huge resistances at $0.93 and $1.93. They can be considered local targets. like❤️ and follow
There were few updates after BlackRock’s iShares Bitcoin Trust was listed on the DTCC. Therefore, BTC continues to maintain fluctuation, and It's moving much like it did in late June. Also boosted by the news about ETF, BTC remained within a narrow range. On the macro level, the latest employment data in the United States was released last week, with the...
Hello everyone, I invite you to check the current situation of ETH in pair with USDT, again taking into account the four-hour interval. Let's start by defining the yellow line, the sagging trend line, from which the price has moved upwards dynamically and is moving above the upward trend. Let's start by marking support points for the price and we can see that...
Hi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. Often when quick increases happen, pullbacks and corrections are sure to follow, even during a bull market this is natural. ETH formed a flag, and this gives the opportunity to take either a long or a short. Watch the video for a quick...
Clear and straight forward analysis, just watching the monthly levels to reduce the noise within the markets. Green horizontal ray shows previous cycle all time highs and possible new support zones. Red horizontal ray shows intermediate resistance which was now flipped. Let's follow up on this view in a few weeks time.
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Today, ETH once again confirmed the ascending channel from the top, which is currently the local resistance zone of $1905-1914. The ascending channel pattern, as often happens, is working towards a correction. Our first support zone is...
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Bitcoin continues to consolidate above $35,000 yesterday's descent into the $34,500 zone and the quick buyback was a simple withdrawal of liquidity. I think that the next descent, if it happens, will be at the breakdown of the lower...
In this analysis we're going to take a look at the BBW (Bollinger Band Width) indicator, which is derived from the classical Bollinger Bands, but only measures the distance between them. Bollinger bands expand during times of high volatility, and compress during times of low volatility. Periods of high volatility always follow periods of low volatility, and the...
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ETH update, Still in my initial entry, 1552. Added to my position, 1799. Looking tired to me, so TP and watching for retrace. I've been around a while, I know I could be wrong, so I am not all outing until the market proves it's done, then I'll flip. #Altcoins #Elliotwave
Ethereum's current pullback presents an intriguing scenario. The BITSTAMP:ETHBTC price seems to be seeking support in the range where it retraced during the mid-summer of 2022. Currently hovering around 0.05, this level stands as a crucial support zone. If Ethereum maintains above this mark, a potential climb to 0.058 and beyond becomes feasible. On the...