Ethereum is going to where its belong!You definitely remember that in the previous analyzes of Ethereum, it was mentioned that what ranges we can see in unimaginable low prices!
Currently, we have entered 2023 and no specific changes in price and volume can be observed, of course, it goes without saying that the annual candle of Bitcoin has been closed in the worst possible way, in the form of a downward engulfment!
There is still no change in my personal opinion about the path that Ethereum is taking, and it still seems that Bitcoin and Ethereum are on the path of an endless correction!
Be careful that what is meant by endless is so hard and long that it may cause many traders to be kicked out of the market during this time!
Of course, this analysis is in a monthly time frame and it will definitely take a lot of time to cover the path specified in the chart!
If the $880 range is lost for Ethereum, figures such as $88 will be available in the long term, this analysis is in the monthly time frame and will not be updated until the signs of returning above the 2200 levels are seen!
The current view is still bearish and any high means entering a sale transaction or exiting a purchase transaction, please consider your personal trading setup to take advantage of this analysis.
To get a deal with the help of this analysis, pay attention to risk and capital management as much as possible!
Bitmexsignals
Bitcoin Long Scalp$BTC looks bullish in the short term, I am entering a short term scalp trade.
After this bounce from the falling wedge and after it at least reaches target 1, I am exiting the trade.
$BTC is currently very choppy and still in downtrend so longing is unsafe as we can fall down below $16k very easily.
My Targets:
TP1: $16,659
TP2: $16,800
My Stop loss:
STOP LOSS: $16,430
Bitcoin Daily Update [3]Hello everyone, hope your enjoying the profits so far, if not, your up for good news!
Bitcoin is trying once again to break out of this falling wedge that I spotted on the 4h and daily, and I think it is going to break out right now!
Expect Bitcoin to pump nicely guys :)
IF you missed my long, you could trade this break out.
Time to long bitcoin once again!Hello everyone, hopefully you listened to me in my previous analysis when I said to keep leverage low because the trade was risky and we could go down a bit more.
Well we have went down a bit to where I knew bitcoin was possible to fall to, so lets long again! This trade will be extremely profitable, similar to our Ethereum Short from $2000 or bitcoin short from $24k!
I knew bitcoin might fall down more which is why I said the trade was risky, but I also knew that we are definitely going up in this current area that we are in (19k-20k).
I am expecting a good Bull rally that will take us up thousands of dollars to $22k,$23k, $24k and beyond!
Lets enter this long ladies and gentlemen!
ENTRY: Enter right now a little bit and wait because it may go down $100-200 before going up more.
Stop Loss: $19,200
TARGETS:
TP1 $21,000
TP2 $22,100
TP3 $22,800
TP4 $24,200
Time to Long Bitcoin!Bitcoin is turning bullish, I have longed both Bitcoin and Ethereum.
If you are also long please be aware that it is a risky trade because bitcoin was in a strong downtrend which may very well continue but I believe we have a good chance of going up from here!
Stop Loss : $19,600
Targets:
TP1: $21,100
TP2: $21,700
Bitcoin might go further than $21,700, but there will be resistance when we approach that area.
I will make an update when we approach that area!
Expecting downtrend for Ethereum!Check my recent Ethereum/BTC chart as well guys, Ethereum is really not looking well at all!
I shorted Ethereum already but unfortunately it tumbled a bit too fast and I could not alert you guys about the shorting opportunity.
However, I did post the $ETHBTC bearish analysis before it fell this much!
Follow me for the highest quality signals for FREE! I shorted Ethereum at the top at $2020 too before this local top!
Feel free to ask me about anything you are curious about!
ETHBTC Looking Bearish!Ethereum / Bitcoin pair is looking pretty bearish which will cause $ETHUSDT to drop too.
Although Bitcoin has the possibility of going up, like I stated in my recent bitcoin analyses, I do not think $ETHUSDT will go up too much because of $BTCUSDT.
$ETHBTC will stop $ETHUSDT from going up, and like I stated in my recent analysis, $BTCUSDT does have the possibility of going down.
If $BTCUSDT heads down, then I $ETHUSDT will suffer very hard because we will have multiple factors bringing Ethereum down.
I called $ETHUSDT from the top at over $2000 ;) check my profile for proof, and follow me to never miss out on high quality signals for free!
Daily Bitcoin Update [1]From now on I will be doing a daily Bitcoin Analysis update EVERYDAY for FREE.
Since this is the first official Daily Bitcoin Update, I have added the number 1 to the title.
In this update I am recommending stop loss moved from $20,717 to $21,412 in profit. (Entry price was $21,112)
The reason I am calling for this stop loss adjustment is because there is a higher chance of us going down now than before.
I still believe we have a decent chance of going up so lets keep the trade but move the stop loss in profit, this way this trade becomes risk free now! ;)
Follow me to never miss out on my high quality crypto market analysis and updates, for the price of 0$!
BTC Analysis updateHere is an update for you my followers that have entered the long.
BTC looks very bullish still and I think will definitely be going to $22k-$23k by today/tomorrow!
Expect heavy volatility, when we go up, we will go up very fast, and very steep!
I hope you enjoyed my analysis, I will post more updates soon!
Long Tron!The reason I closed our long early for Tron is because I expected this fall in price and wanted to re-long lower, now is the perfect time to re-long!
In the chart I have shown, I have shown all the possibilities for Tron. Once we approach the top of the parallel channel I will make an update if things look bearish!
Keep stop loss at $0.06375
Risk: Medium
Targets:
TP1: $0.067
TP2: $0.068
TP3: $0.069
Time to long bitcoin once again!Hello everyone, now that Bitcoin has dipped a bit + RSI has reset and no longer has a bearish divergence + we are also above very strong local support here at $20,8k-$21,3k, I am starting to feel more bullish now!
Enter longs here at $21k, keep stop loss at or below $20,5k!
Risk: Medium
Targets:
TP1: $21,8k
TP2: $22,7k
TP3: $24,7k
Update for BitcoinIn my previous analysis, we closed most of our shorts in enormous profit, and opened a long.
I now see some bearish signs, so I advise either closing the long in profit right now and shorting, or hedge a short and keep the long open as well.
This is a scalp trade, however if we continue the downtrend and break the local support at $20.8k - $20.9k then it can turn into a longer term swing trade!
RISK: Medium/High ( be careful!)
Risk to Reward: Excellent
Keep the short's Stop loss at $21,4k$, or slightly above!
Short term targets are the support at $20,8k - $20,9k, if we break these I will post an update with more Targets!
Remember to follow me for constant quality market updates, for the price of $0.00!
Long TRXUSDT aka Tron!TRXUSDT seems pretty bullish, including TRXBTC.
I think Tron will uptrend pretty well along with Bitcoin.
But the uptrend may not last too long because Bitcoin may continue the downtrend after this bounce I am expecting in the following post:
Why is Tron bullish?
Well,
1. have spotted bullish divergences
2. Tron has a good potential for a breakout from the falling wedge
3. MACD is bullish
4. Bitcoin is bullish
Please do not use high leverage on this trade if you are trading futures!
REMEMBER, Alts are very volatile and are far more unsafe than bitcoin futures!
Time to short Bitcoin!Bitcoin has shown lots of bear flags which have made me short.
Personally I shorted around 24,7k$, right now the price is about 24,4k$.
I would wait till btc goes up a few hundred more before you short, keep stop loss at $25,3k-$25.5k$!
TP1:$23.5k
TP2:$21.9k
TP3:$21.2k
TP4:$20.4k
Analysis Update, Enjoy the gainz ;)Hello everyone! I hope you catched the short from 24,7k, and are enjoying the gainzzzz!
Here is a little update for our short:
We are approaching support from 22,4k-22.6k$ level.
We may bounce from there up to 23k$ before we continue the dump.
There is a chance we may start a bull rally from bouncing from this support, but it is unlikely.
Hold your short, take a bit of profit if you would like though!
Follow me for constant high quality market updates for FREE!
Expecting a decent dip for Bitcoin!I am pleased to show you guys another one of my fantastic trading predictions, in this prediction I am expecting a dump down to 22-21k$.
After there we may dump much more, or we may bounce up and start a rally upwards!
I will post an update once we approach 21-22k$ or if the charts show me that we will go up!
This is a swing trade, keep low leverage and put your SL at 24,7k$ or preferably, a tiny bit over 25k$!
Time to Re-Long! In my previous analysis I expected bitcoin to rise from the 22.8k$ area, but it seems like btc decided to fall down a bit lower.
Bitcoin is still very bullish to me, and I am still expecting the same uptrend I did in the previous analysis!
Keep your stop loss at around $22,000-$22,250! Do not put Stop loss above that just in case of a shakeout !