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ETH: BEGINNER FRIENDLY ✅ Methods for Predicting Ahead For those who have been following me here for the past three years, you'll know that I usually never miss an opportunity at a April Fool's prank. However, today's post is NOT one of them. Instead, I'm going to take a turn and do a post that may be of real value to many investors and speculators at this point in the market cycle. We'll specifically use ETH for this example but these methods can be used across ALL MARKETS. Understanding the crypto/stock/forex markets can feel like stepping into a vast ocean of numbers, trends, and predictions. As an investor, you might wonder which pricing information is truly crucial: is it the current price or the future selling price? Interestingly, many investors look beyond these immediate numbers and delve into historical pricing data to guide their decisions. But does recent pricing history actually provide reliable insight into future market movements? Let's explore four perspectives on this topic and dive into the academic research supporting each viewpoint. ❕1. Momentum: Riding the Wave Picture yourself on a surfboard catching a wave. Momentum in the stock market is somewhat similar - it's about riding the wave of market trends without fighting against them. Think of it as the market's way of saying, "Go with the flow!" Behavioral finance tells us that investors tend to flock towards rising stocks out of fear of missing out or driven by greed. Academic studies, like the one by Narasimhan Jegadeesh and Sheridan Titman in 1993, suggest that stocks which have performed well in recent months are likely to continue outperforming in the short term. However, this momentum effect seems to reverse over longer periods, hinting at something called mean reversion. ❕2. Mean Reversion: Finding Balance Experienced investors often preach the gospel of mean reversion - the idea that over time, markets tend to return to an average value. This phenomenon isn't limited to stocks; it can be observed in various economic indicators like GDP growth or interest rates. While some studies support mean reversion in certain datasets, it's not a universal truth. It might take years, even decades, for these subtle shifts to become apparent. ❕3. Wyckoff Method : Planning WAY ahead The Wyckoff Method is a technical analysis approach to trading in financial markets, particularly stocks. Developed by Richard D. Wyckoff in the early 20th century, it focuses on understanding the intentions of large institutional players, such as smart money, through the analysis of price and volume. The method emphasizes the principles of supply and demand dynamics, as well as market sentiment, to identify potential trends and trading opportunities. Traders using the Wyckoff Method typically study price charts, volume patterns, and market phases to make informed decisions about when to buy or sell securities. Overall, it aims to provide a framework for interpreting market activity and making more effective trading decisions. ETH is clearly in profit release phase atm: ❕4. The Search for Value: Digging for Diamonds Value investors are like treasure hunters scouring the market for undervalued gems. But this method also accounts for knowing when the price is over- or under valued at its current level. Valuation Metrics include: Market Capitalization (Market Cap): Compares a crypto's total value (price x circulating supply) to similar projects. A high Market Cap relative to peers might indicate overvaluation. Network Value to Transaction (NVT) Ratio: Divides Market Cap by daily transaction volume. A high NVT suggests potential overvaluation, while a low NVT might hint at undervaluation. Both ETH (436 at time of writing) and BTC (417 at time of writing) have a relatively high NVT ratio, which could be an indication of overvaluation. ❕Long-Term vs. Short-Term Investing: Investors should consider their investment goals and time horizons when formulating strategies. Long-term investing typically involves buying and holding assets for an extended period, while short-term investing focuses on capitalizing on immediate market movements. Each approach has its advantages and risks, depending on individual circumstances and preferences. The long and short of the matter here is buying low and selling high. Two methods for TECHNICAL PRICE PREDICTION: 1) Fibonacci Fibonacci can be helpful to speculate future price targets by using it on a macro scale: 2) Logarithmic Analysis Find more information on ETH LOG here:
by CryptoCheck-
1
ALT - Breakout from the resistance >|||<#ALT/USDT #Analysis Description --------------------------------------------------------------- + The price of ALT is currently hovering around the resistance level, suggesting a potential breakout. + If the price manages to successfully breach the resistance level, it presents an opportunity to enter a long position. + I plan to initiate a long position once the breakout is confirmed. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.67159 Stop Loss: 0.5388 ------------------------------ Target 1: 0.7383 Target 2: 0.7950 Target 3: 0.8173 Target 4: 0.9928 ------------------------------ Timeframe: 4H Capital Risk: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
SOL - The FRACTAL you should WATCH📉Hi Traders, Investors and Speculators of Charts📈 If you've been following me for a while, you'll know that SOLANA has been on the list of my top 20 altcoins to watch in 2024. This particular fractal has played out extremely well, and we're about to move into the next phase of this fractal. Here's the original post I made in January when I first starting watching this fractal: From a technical indicator analysis, we can see that the price is still extremely bullish - but the RSI is running hot: Note that this, again, confirms the need for a pullback/drop before considering the start of impulse wave 3 /pop. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:SOLUSDT COINBASE:SOLUSD
Long
by CryptoCheck-
1
LINK - Swing Trade SPOT 📈📉Hi Traders, Investors and Speculators of Charts📈 BTC had recently formed a new ATH, and we're a few weeks away from the BTC halving. I'm expecting corrections (highly overdue) across the markets up until the halving. Chain-link still has huge upside potential: But this post is specifically for the short term. I'm looking at a swing trade (spot) here because it is already a high-risk trade , and shorting when the macro is clearly bullish is VERY risky business . Make sure you check out yesterday's update on BTC: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck COINBASE:LINKUSD BINANCE:LINKUSDT
by CryptoCheck-
Solana - IMPORTANT Support Zone will be TESTEDHi Traders, Investors and Speculators of Charts Solana is frequently trending due to steep fees of ETH. Even after a large increase, there is still great upside potential for the future. However, for the short term, a retets of a prominent support zone is likely after a near parabolic increase on SOL. SOLUSDT is one of the altcoins I was watching for 2024 Altseason, as per previous posts in early January. ✅ 👉 Technical Indicator SHORT TERM is overbought indicating a correction is overdue 👉 Support zone at $153 is critical to hold 👉 Daily candles need to keep closing ABOVE this zone to avoid a potential H&S pattern. Overbought indicates a correction is overdue: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 KUCOIN:SOLUSDT
Short
by CryptoCheck-
1
ADA - Be Ready for a SUDDEN PUMP📉Hi Traders, Investors and Speculators of Charts📈 Fundamentally - I'm no fan of Cardano. In a certain sense it gives me XRP2.0 vibes, with the cult following community and all. Over-promise and under-deliver with youtube shillers is XRP style and raises red flags. Ultimately, I believe crypto is bigger than one person , and most definitely bigger than than one industry expert / founder. These are a few reasons as to why fundamentally, I'm not an ADA fan. HOWEVER. As I've said many times before, any coin can and will be traded by whales. Herewith lies opportunity for retail traders, IF you manage to get a good entry. From a chart analysis, Cardano has broken out of accumulation phase by forming a clear bottom. We even start to see glimpses of a new bullish cycle starting as the price makes higher lows. To the left from a weekly outlook, a wick to the purple 200d moving averages is possible. On the right, from a daily perspective, we'd like to see the turquoise 100d moving averages hold: I believe it's possible for the price to continue increasing from here and I even believe a hard and sudden, random pump is possible (likely followed by a sudden dump). I'll be looking for increases 30% and 45% from here, as near term targets. Higher is possible, but I'll leave higher targets for a later post once we have actually achieved these price levels. You may need some patience though: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck KUCOIN:ADAUSDT COINBASE:ADAUSD
by CryptoCheck-
1
SHRAP is a AAA web3 game token on Avalanche. Nuff said. Shrapnel is a AAA web3 FPS building on an Avalanche subnet - Items and characters are NFTs, and they just launched $SHRAP, which will power the whole economy inside the game. They have industry veteran team (some of whom I've had the pleasure of interviewing) and they are based in the US, in Seattle. Oh yeah, and their version of "influencer marketing" is Arthur Hayes regularly shilling the project on twitter. I'm serious. Since launch, SHRAP has been on an absolute tear. I'm doing some scalp trading, but will also be buying and holding spot because I believe this is just the beginning. The web3 gaming narrative is a strong one this cycle, and with EURONEXT:AVAX pumping to the moon, savvy traders will be buying the most promising projects on that chain. In that sense, SHRAP has both the gaming narrative and the alt L1 meta cycle working in its favor. As for technicals, it seems to be printing a bull flag after briefly touching the .5 fib but getting bought right back up again. Bullish. I've been following this project for over a year and all I can say is that I wish I trusted my own alpha. Time to put my money where my conviction is. happy trades, CD
Long
by cryptodonovan
HEART | HUMANS.AI Short Opportunity | +56% GAINHEART is looking a little dumpy on the 4HR chart and could breakdown lower. A descending triangle has formed for HEART, and if the resistance is broken, a trend reversal could lead us down to 0.15 .  If you enter a short position after ~-3% confirmed breakdown , then you could see a +56% gain if the pattern completes. I have also marked multiple support levels with dashed lines that may stop the pattern from breaking down all the way. These could be used as multiple take-profit levels on the way down. It is crucial to wait for confirmation before entering a short or long position, or the pattern could be invalidated and you'll be at a loss. DYOR and bring home those gains.
Short
by altsandislands
ETH - The ALTCOIN that CAN still x10🚀📉Hi Traders, Investors and Speculators of Charts📈 Ethereum has made an astonishing 6 consecutive green weekly candles. ETH is forever growing, with even more exiting developments on the horizon for this year. The Ethereum Foundation has announced the upcoming launch of the Dencun network upgrade on the Ethereum mainnet, following its successful activation on all testnets. Scheduled for March 13th , 2024, this upgrade mandates node operators and stakers to update their software. With all of the development still happening mainly on ETH, I see a bright future for this altcoin as more adoption comes and market capitalization increases. For the short term: From a technical indicator perspective and given how close we are to 4K, I think ETH increases a bit here before pullback, giving that often when we see "Overbought" in the weekly, there's usually a dip that follows the next weekly candle. Make sure you check out this idea to get a better understanding of money-rotation between BTC and Alts: _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BITSTAMP:ETHUSD BINANCE:ETHUSDT
Long
by CryptoCheck-
6
🔥 ALTSEASON Nearly Here! Watch This Chart 🚨In this analysis I want to make an educated guess on when the next bull-market (read: altseason) will start using the Bitcoin Dominance (BTC.D) chart. An uptrend in Bitcoin with a falling dominance would be the ideal case for alts. As seen on the chart, the altseason previously started by a top in the BTC.D and a consecutive fall afterwards. My best guess would be that BTC.D will continue to rise until it hits the top diagonal resistance. In other words, Bitcoin will likely outperform alts for the time being. Later, likely after the halving, alts will start outperforming Bitcoin for 6-12 months and lead to huge returns. Share your thoughts 🙏
CRYPTOCAP:BTC.DLong
by FieryTrading
9
INJ - Is the Bull Rally Over?📉Hi Traders, Investors and Speculators of Charts📈 With this chart, we aim to identify the current phase of INJ by using the Wyckoff Method . The Wyckoff Method can be extremely technical and complicated, with many phases, sub-phases, sub sub phases etc. The four main phases of the market cycle are accumulation, markup, distribution, and markdown. On this specific chart, we're taking a look at what comes next after the big bullrun is completed. Furthermore, a brief look at the phases: Start of the Bullish Cycle: The price start increasing rapidly, often making parabolic increases. Pullbacks are short-lived, and the rally continues afterwards. PEAK: This is the clear ATH that is established by the bullish cycle. This is where the buyers run out and the tables turn to where sellers start to dominate for the upcoming bearish phase. Failed Rally: The buyers try one more time to push past the previous high, but fail. Instead, a lower high is made and is usually marked by a bearish pattern or double top candlestick. Accumulation Phase: This is usually considered the boring zone. This is where price trades range for a long period of time, whilst whales bulk up for the bullish cycle to come next. All of the above in mind, I believe we are currently trading towards the failed rally phase. This means that we may still test support zone / resistance zone multiple times, until either the bears or the bulls take charge. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:INJUSDT
Short
by CryptoCheck-
2
ALT newly airdroped shiny coin, a risky betHello fellow gambler, I think we are going to $0.49. Holding my long from 0.34$. I know I know its dangerous for such a new airdroped coin, but market is just too hot right now. Everything new coin is growing like hell, then dump. many people got $300-$50k worth of NASDAQ:ALT , its literaly free money, I just got 162,402 NASDAQ:ALT about $50k dumped at $0.31 cents. Can’t wait till a few other projects drop that i have farmed with hundreds of accounts. How to check ✔️ 1️⃣Go to airdrop.altlayer.mobi 2️⃣Input your address to check NASDAQ:ALT CRYPTOCAP:BTC CRYPTOCAP:ETH
Long
by hunterdrop
3