Total crypto MC - 1DThe total crypto market capitalization on the daily timeframe has formed a Falling Wedge pattern, which is typically a bullish reversal pattern. The price has broken out above the upper resistance line of the wedge, confirming the breakout. Currently, the price is undergoing a retest of the breakout level, which now acts as support. If this support holds successfully, it is expected that the market will experience an upward move in the near term, signaling potential bullish momentum.
Cryptos
COIN -- Major Trendlines + Bearish Divergence = Breakdown?Hello Traders!
Today I have shared the chart of COINBASE. Of course we cant know for sure what price will do, however you can take clues and combine them to give you a high probability reading of the chart.
Here are the clues:
1) MAJOR TRENDLINE
2) TRENDLINE
3) BEARISH DIVERGENCE
4) BULL FLAG MEASURED MOVE
When we combine these clues, a very bearish picture is painted... This signals to me that there is a high probability price will likely reverse and trade to the downside in the near future.
I hope everyone enjoyed this post and is able to use it as an educational tool.
Thanks everyone and best of luck on your trading journey!
XRP clears Point of Control to test highs.XRP is breaking out of a consolidation zone and above a volume point of control that has been massive since its November rally onward.
Looks like next node is to $3.14
Super strong coin.
Ripple testimony in banking committee yesterday was bullish. Ripple partnering with BNY Melon yesterday was bullish. Ripple leading regulation standards with their XRP case is bullish. Ripple winning the status of XRP as one of a kind is bullish. Ripple getting a bank charter and fed master account is bullish.
Not much is close to XRP fundamentally.
BTCUSD • 1H ABCD Completion at Key Confluence – Long Bias1) Macro → Micro Context
Daily / 4H Trend:
Still a clear up-trend on the daily & 4-hour: higher highs / higher lows above the 8, 34 & 55 EMA ribbon.
The $120 K–$121 K zone houses the largest Volume-by-Price node in two weeks, now acting as near-term support.
1H Context:
X→A: $106 100 → $118 950 impulsive run
A→B: ~15% pullback into $117 000 (≈0.15 XA)
B→C: 3.06× extension to $123 230
C→D: Retrace into $119 900–$120 300, matching 0.618 BC & ~80% XC Fib
2) Structural & Momentum Breakdown
AB=CD & Fib Confluence: D at $119 900–$120 300 aligns perfectly with both 0.618 BC and ~80% XC retracements.
1H Bullish Order Block: $119 900→$119 750
20-period SMA (mid-BB): ≃$120 100
VRVP High-Volume Node: Centered ≃$120 400
RSI (14): Holding 47–50 on the hour, flattening and poised to curl up
PVT: Flat-to-up on the pullback—sign of absorption
Volume: Contracts into D, then a slight uptick on the last 1 h bar
3) Exact Trade Plan
Entry: $119 400 - $120 300
Stop-Loss: $117 300 - $118 000
Take-Profit 1: $121 800 → $122 200
Take-Profit 2: $123 000 → $123 500
Optional “Hype” TP instead of TP 2: $125 000 → $126 500
(for a parabolic push if the upcoming House vote prints strong headlines — targets at 78.6%–100% BC extensions)
Entry Confirmation (any one):
1 h bullish engulfing or inside bar within entry zone
RSI (14) closes back above 50 on the hourly
PVT prints a higher low with renewed buy-side volume
ETH / USDC Liquidity Pool RangeEthereum is climbing alongside Bitcoin, but it’s clearly outperforming. In many ways, ETH is the Microsoft of the crypto space—serving as a foundational platform on which countless networks and tokens are built, much like Windows supports a broad software ecosystem. In contrast to Bitcoin’s role as a digital currency, Ethereum functions more like a software operating system.
We broke out of the previous range for strong profits. The new range is tighter, with the lower boundary set just above the current ETH spot price at $2,995.91 and the upper boundary at $3,340.90, as marked by the horizontal yellow lines. On the 3-hour chart, momentum is beginning to turn upward. To enter the liquidity pool within this range, we must be fully allocated in ETH.
Feeling the waves (Ripple $XRP)Setup
The price has been consolidating since the explosive move from ~50c to $3 last year. There has been a wide $1 price range between $2 and $3. A failed breakdown below a still rising 30-week moving average and new 4-month high suggest underlying bullishness.
Signal
Should there be any follow-through to last week's big up-move, then any pullback to the golden pocket between the 50% and 61.8% Fibonacci retracement levels could trigger a rebound.
Bitcoin Smashes Records, Hits $117,000Bitcoin has climbed to a new all-time high of approximately $117,000, gaining further credibility as an institutional asset class. Strong demand from ETFs, growing mainstream adoption, and a favourable stance from President Trump regarding crypto regulation are all contributing to this momentum.
As Bitcoin grows in market cap and adoption, its volatility has been slightly dampened, but it remains highly reactive at technical pivot points.
Technical View (BTC/USD):
The next resistance sits at $118,000, which also coincides with the 161% Fibonacci extension level. If price stalls here, expect potential pullbacks toward $114,000 or even down to $110,000. However, a confirmed breakout above $118,000 could re-establish a new bullish leg.
Wings of Opportunity: LINK’s Harmonic Setup Unfolding🦋 Title: A Butterfly on the Edge – But Only with Confirmation
On the 2H timeframe, a Bullish Butterfly Harmonic Pattern is unfolding. The wave structure (X → A → B → C → D) aligns closely with harmonic principles, and point D lies above X, within the 1.27 to 1.618 Fibonacci extension of XA — reinforcing the pattern’s validity.
📌 No entry has been triggered yet.
We are currently waiting for price to break and hold above the key resistance at 13.60 to confirm the bullish scenario.
🔹 Bullish Scenario (our primary and preferred outlook):
Given the strong reaction around the 12.74 demand zone and the harmonic structure completion, we are primarily focused on a long opportunity, if and only if confirmation is achieved above 13.60.
📥 Entry Zone: 13.05 – 13.65
🎯 Target 1: 17.94
🎯 Target 2: 18.76
🛑 Stop-Loss: Below 12.74 (structural invalidation)
🔻 Alternative Bearish Scenario:
If price fails to break 13.60 and instead loses the 12.74 support, the bullish setup becomes invalid, and the market could enter a deeper correction phase.
Potential downside targets in that case:
📉 11.80
📉 10.90 – 10.30 (if bearish momentum continues)
📊 Risk Management Notes:
Position sizing should not exceed 1% of total capital
Avoid early entries before confirmation
Prefer partial entries after breakout and retest
Stick to the invalidation level strictly
📈 While both scenarios are on the table, we are currently favoring the bullish setup, as long as price action supports it. Discipline and patience are key — confirmation first, trade second.
COIN long -- currently in Wave 3 of 5 wave advance I've been using Elliott Wave Theory to look at COIN's price action. We seem to be in the middle of Wave 3.
- Wave 1: April 7, 2025 to May 22, 2025
- Wave 2: May 23, 2025 to June 13, 2025 - we pulled back right below the 23.6% Fibonacci retracement level with ~$244 serving as support.
- Wave 3: June 14, 2025 - now. The third wave usually has 5 distinct sub-waves. As of July 7, 2025 We appear to be in the 3rd sub-wave of wave 3. Using the upper channel line, price target for this wave is around $408-$410. Quite possible if we see BTC move up explosively, which also seems imminent given the highest weekly close on July 6, 2025.
COIN is a very volatile stock that has explosive moves to the up and downside. I think we still have more room to run in this current wave 3--even beyond sub-wave 1 peak at $380.
Crypto at All Time Highs! But...Last month I shared a chart of an equal-weight crypto basket suggesting crypto may be on the cusp of fresh All Time Highs -- those highs have arrived! While that is certainly exciting for crypto holders one should take note of other aspects of the rally.
The US Dollar has depreciated substantially against foreign currencies this year (2025)
Bitcoin has yet to reach a fresh high against Gold
Bitcoin is strongly correlated to US equities, which are also at all time highs
USD Decline
The US Dollar is down a whopping 10% against a basket of foreign currencies this year, lead ostensibly by President Trump's raucous political policies, most notably aggressive tariffs across the globe and industries. The crypto rally therefore could be characterized as more of a Dollar softening than a crypto strengthening.
Bitcoin v Gold
Bitcoin - still the epicenter of all things crypto has not topped Gold.
Gold in fact has been on a heater of late against the Dollar.
Many folks still regard Gold as "real money". As such crypto could be said to be in a "stealth bear market", especially considering the declining momentum against Gold while failing to match its highs.
Bitcoin v Stocks
Bitcoin is also strongly correlated to US equity performance, despite claims that it's a hedge. The correlation has only grown stronger as Bitcoin's price against the Dollar has soared.
That said, it does consistently outperform equities, as long as the music is still playing!
Closing Thoughts
Most people likely don't care about how Bitcoin is faring against Gold. Bitcoin, the highest quality form of crypto is itself still highly speculative. While an equal-weight basket of cryptos is impressively reaching an all time high against the Dollar, coins with smaller market caps will surely be the first to go when this speculative impulse subsides.
There's probably still some gas in the tank at this point, but now is a good time to consider trimming positions before you miss the chance 🤑
Bitcoin Is Looking For A Bullish ContinuationMorning all! Bitcoin has impulsive characteristics on 4h time frame, and we can clearly see five waves up that can send the price even higher after recent projected ABC correction. With the current impulsive recovery back above 106k area, it confirms that bulls are still here and we should be aware of further rally in July, especially if breaks above channel resistance line near 110k area. Seems like it's in wave (1) of a new five-wave bullish impulse, so after current wave (2) pullback, we can expect more gains within wave (3).
ETH: Buying in the DipCME: Micro Ether Futures ( CME:MET1! ), #microfutures
On May 22nd, #Bitcoin reached a new all-time high of $111,814. The king of cryptos rallied as bullish sentiment built up behind the most pro-crypto U.S. administration. As of last Friday, bitcoin realized a one-year return of +90.8%. For comparison, holding S&P 500 only yields 11.8% for a year, even after the US stock index made its ATH last week.
Meanwhile, #Ethereum, second only to Bitcoin in the cryptocurrency world, experienced a dramatic decline in 2025. ETH is currently trading around $2,500, down 40% since December. It is a far cry from its ATH of $4,815 on November 9, 2021.
Why Is Ethereum (ETH) Falling?
The most significant challenge facing Ethereum is the proliferation of Layer 2 scaling solutions. Networks such as Arbitrum, Base, and Optimism were developed to address Ethereum's scalability issues, but they've created a revenue problem for the main chain.
When users conduct transactions on these Layer 2 networks, transaction fees flow to third-party organizations rather than to the Ethereum network itself. Revenue diversion has weakened Ethereum's economic model.
Ethereum could counter the revenue erosion by implementing a fee on Layer 2 transactions. However, it would undermine the very purpose of these networks. Layer 2 solutions were designed specifically to reduce transaction costs by processing operations off-chain and submitting only batched results to the main network. Adding fees would increase costs and diminish their competitive advantage.
Increased competition in the blockchain space has further eroded Ethereum’s dominance. Investors have been withdrawing funds from Ethereum and redirecting them to competing projects with potentially better returns or technological advantages.
Future Outlook
Ethereum’s path forward appears challenging. While the platform still hosts thousands of decentralized applications and maintains a large developer community, its economic model is under pressure from multiple directions. Without finding new ways to generate value, Ethereum may continue to lose market share to more nimble competitors.
The platform’s supporters point to upcoming technical improvements and the maturation of the proof-of-stake consensus mechanism as potential catalysts for recovery. The recent approval of staking enabled ETF for Ethereum in Hong Kong is one of the ways forward. However, with increasing competitive pressures, Ethereum faces an uphill battle to reclaim its former status as the undisputed leader in smart contract platforms.
While the future remains challenging, Ethereum still has upside potential at the current price level. As ETH dropped below $1,500 in April, bargain hunters came in to scoop it up. As a result, ETH had a spectacular rebound of 70% in the last three months, outrunning Bitcoin’s 25% gain for the same period.
There are over 17,000 cryptocurrencies in existence, according to Coin Gecko. However, only a handful of them have proven to have a lasting investment value. We could refer to Bitcoin and Ethereum as the digital form of Gold and Silver. Historical trend shows that the spike in gold prices would likely prompts investors to buy silver at a lower cost, helping maintain a stable Gold/Silver price ratio. The same could be true for the BTC/ETH relationship.
For extensive reading, please refer to my Editors’ Picks, The Gold-Silver Ratio Explained, published on TradingView on April 28th.
Recent regulations on #stablecoins in the US and Hong Kong are good news to the crypto space. It legitimates crypto offerings from mainstream financial institutions. Bitcoin is positioned for another big lift as investors reallocate assets into cryptos.
On July 4th, President Trump signed into law the “Big and Beautiful Bill”. Above all, this massive package funds deficit spending and raises the national debit by $5 trillion. While we will carry the debt burden for many years, in the short run, injecting huge liquidity into the economy and the financial market would pop up asset prices.
The latest CFTC Commitments of Traders report shows that, as of June 24th, the total open interest for Micro Ether futures are 128,500 contracts.
• Leverage Fund has 94,167 in long, 112,442 in short, and 1,854 in spreading
• The long-short ratio of 0.84 does not provide a good indication of what the “Smart Money” views about Ethereum.
In summary, I hold the view that ETH may regain ground above 3,300 before year end. Investors sharing this bullish view could explore CME’s Micro Ether Futures ( NYSE:MET ).
Long Futures with Stop Loss
Last Friday, the August Ether Futures contract (METQ5) was settled at 2,518. Each contract has a notional value of 0.1 ETH, or a market value of $251.8. To buy or sell 1 contract, a trader is required to post an initial margin of $84. The margining requirement reflects a built-in leverage of 3-to-1. It’s cost-effective to invest with CME MET futures, vs. buying ETH from the spot market.
Let’s use a hypothetical trade to illustrate how the long futures with stop loss strategy would compare with buying spot ETH.
Hypothetical Trade:
• Buy 1 METQ5 contract at 2,518, and set a stop loss at 2,400
• Trader pays $84 for initial margin
High Price Scenario: Ethereum rises to $3,000
• Futures gain will be $48.2 (= (3000-2518) x 0.1)
• Futures return will be +57.4% (= 48.2 / 84)
• This compares to a 19.1% for investing in spot ETH. (= (3000 /2518) – 1)
Low Price Scenario: Ethereum drops to $2,000
• Futures stop loss at 2,400, and the maximum loss is $11.8 (= (2518-2400) x 0.1)
• Futures return will be -14% (=11.8 /84)
• This compares to a 20.6% loss for investing in spot ETH. (= (2000 /2518) – 1)
The above scenarios show that
• When ETH goes up, futures will have higher returns due to its leverage nature.
• When ETH falls, the stoploss will kick in to reduce losses.
Happy Trading.
Disclaimers
*Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services.
CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Ethereum Trading Strategy: 5:1 Risk-to-Reward Ratio"Ethereum Showing Strength on the 4-Hour Chart — A New Bullish Trend Emerging?"
The 4-hour timeframe is starting to show strong bullish momentum. Could this be the beginning of a new uptrend?
A potential 5:1 risk-to-reward setup is forming:
Entry: 2,620
Stop Loss: 2,364
Target: 4,062
Support 2500 must hold!!!
Crypto Market Completes A Correction Within Bullish TrendGood morning Crypto traders! We got a nice bounce and recovery in the Crypto market along with stock market rally after US President Donald Trump announced that Iran and Israel had agreed to a ceasefire, calling the conflict “The 12-Day War.”. Crypto TOTAL market cap chart now shows that correction is completed, support is in place and bulls back, so more upside can be seen in upcoming days/weeks, just be aware of short-term intraday pullbacks.
Crypto Stocks to the moon?NASDAQ:MSTR , along with numerous other publicly traded companies with significant cryptocurrency exposure, experienced a remarkable rally during the previous crypto bull market. There are indications that a similar dynamic could be emerging once again.
#bitcoin #crypto #stocks #stockmarket #portfolio