EHT
4H BTC brief analyseBTC is taking a rest after fierce upward moving.
We will find out later where BTC will be heading to up or down, after a-b-c wave hit at 4hour.
This my trading scenario so that please always beware yourself not to get influenced too much.
Always plan before placing an position and setting up the stop loss.
Can we test that bottom, please ?ANY Bottom wont the "The Bottom" until it is tested.
from my previous observations it seems to me that it would be very good idea to help crypto with re-testing major bottom.
but be aware of manipulated liquidity grabs on the way. after all it is crypto. they will try to take your position before you profit.
dont trust your exchange, no gentlemans here. just thiefs and greedy centralised exchanges.
🔥 LIDO DAO: THE TARGETS FOR THE BIGGEST STAKING PLATFORM🔥Hi, friends! Lido DAO is the biggest independent staking platform. A lot of stackers(and money) start to flow here after the US ban the Kraken staking products. I think it's the next crypto gainer, especially if SEC starts to regulate crypto.
📊 MY TRADING PLANS FOR LDO:
1. fall to the $1.93-2.2 value area and test it as support (close above)
2. volume growth (the buyers open longs)
3. bullish BTC
🚩 I use DOM a nd Footrpint scalping tools to identify the buy/sell orders of the whsales. It's not to hard, because you can see $1,5,10M orders and understand that the whales are going to buy or sell there. You can long or short crypto depends on this info.
✅ MY TARGETS FOR LDO:
🔥$3.32 - the local highs and key levels
🔥$5 - the key level and even number
🔥$10 - the even number
$10 is a highly possible target if the regulation begins and such independent platform as Lido will pump. The same situation as it was with the collapse of FTX and wallets (TWT, SFP) and DEXes.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥SECRET METHOD TO IDENTIFY LONG TERM TREND:VOLUME PROFILE+POC🚀🔥Hi, friends! Trend is the most important thing in trading, so you have to know how to identify it and be a successful trader.
In this idea, I will explain to you the most easiest and useful method for trend identification. I know that you haven't heard about that.
📊 THE INSTRUMENTS WE USE TO IDENTIFY THE TREND:
🔥 Fixed Range Volume Profile (FRVP)
🔥 Point of control or POC
🔥 Bitcoin monthly candles/bars. They help to identify the long-term trend without local noise
✅ IF YOU WANT TO UNDERSTAND IF THE BULL MARKET BEGINS AND CONTINUES, YOU NEED:
1. Use the Volume Profile. Just pick it at the left side of the TradingView chart at "Prediction and Measurement Tools".
2. Stretch the volume profile on a monthly candle/bar.
3. After this you will see the Point of Control (POC, red line) which shows you where the most liquidity is concentrated.
4. If the price continues to close above the POC each month, this means that we have a healthy bull market.
5*. If you see that the monthly candle is close below the POC, you need to be more careful with your trends. This can indicate about a trend change, but it happens at least 1 time in the middle of the bull market.
Check the precious bull market. Thats work perfectly!
🚩 You can check if it rule works for the BEAR market and write it in the comments.
📊 WHY IT'S IMPORTANT TO UNDERSTAND THE LONG TERM TREND
I know that you guys know the most famous trading quote: "Trend is your friend." . Naive but very useful recommendation.
The understanding of the long term trend helps you to reduce 50-70% of your losing trades and increase your winrate at least to 60-80%:
🔥 you can use only trend following strategy and make much more money (open only long trades on bull market or open only a short trades on bear market)
🔥 reduce the risk when opening a trade against the trend and cut the losses.
🚩 Additionally, if you buy crypto (BTC, ETH or other alts) on spot, you can use this method to buy and hold crypto till BTC not change the trend. This method helps you to make a huge profit.
So friends, this 5 min educational idea helps you to grow your deposit much faster and don't get big losses during the trading.
Traders, was it useful for you? I know I have is a lot of experienced traders. Write your most useful trading tips in the comments to help the newbies.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
ETHUSDT | Get ready to buy belowHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Yesterday's results on the consumer price index certainly shook the market a lot!
At the moment, the asset is moving towards the resistance of $ 1625 from there, you can try to gain a short position, I already wrote in my posts about the Ethereum fork, just look at the charts for 2016 when ETC appeared and you will see how the market was dumped there!
🔥ETH and BTC Dominance: will the #1 alt reach $2400 soon?Hi, friends! Let's take a look at Ethereum, the #1 altcoin, and the Domination chart. Why are altcoins falling and when to expect a new ALTSEASON? Read in the description!
📊In the previous idea about Ethereum a few weaks ago i marked the key levels of possible false breakout and liquidity collection by whales. Actually, after 1 week it happend. Ethereum fell bellow the $1800 key level. The big volumes confirmed the large buys at this levels and now we see the price rise by 10%.
📊The targets:
1️⃣ $2300-2400 is the first area of value and the most probable target
2️⃣ $2750-2850 is the second value area and less likely target due to Bitcoin's strength and altcoin's weakness at this stage of the cryptocurrency market
✅The first target. Now when Bitcoin's dominance is rising and alcoins are moving sluggishly, Ethereum will rise less during Bitcoin's rise and will fall lower during Bitcoin's fall. The $2,300-3,400 value zone will be great resistance for the price of this altcoin.
After consolidation below the trend line and manipulation with collecting of long traders' stop losses (such as false breakdowns), the price could show strength and start its rise. We need to wait for confirmation on the volume indicator. The bars should rise, showing us a buyer when the price declines and squeezes under the trend line.
✅Why is the second target unlikely? You can check on the dominance charts that while the cryptocurrency is down by 60-70%, the dominance goes completely to Bitcoin, and all altcoins are very weak at that time. Ethereum has even renewed its lows, which shows the enormous weakness of altcoins right now. There is nothing unusual about this, it has been repeating for over 5-6 years.
Overall, this means that next Altcoin's strong rise could be when Bitcoin renews its ATH and a large number of traders and investors return to the market.No one knows when it will happen. Maybe in a week, maybe by the end of the summer. Stay tuned for updates so you don't miss the good opportunity.
🔥Are you waiting for the altseason soon or it will happen when the BTC update it`a ATH ? Let me know in comments!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
DeGRAM | ETHUSD target 4700Ether is at its maximum values, the resistance at 4385 has been broken and the price is retracing after the impulse to the level for consolidation. You cannot sell the instrument, because strong uptrend. I'm waiting for the price to rise from the support level to the ascending resistance line - 4700
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ETH We need a break here to continueGood Morning traders!
I hope you had a great weekend.
Mine was busy, just like the crypto markets. However the more they change the more they stay the safe. Price continues to be held EXACTLY at the area I highlighted, this is because we the market respects the areas filled with orders.
Currently I can see 2 options for price movement.
Orders are protected and we head lower sweeping the immediate lows before heading higher again.
OR we have a failure of the head and shoulders pattern, I see this as more likely, its a very obvious pattern and retail traders like obvious patterns, whales can see the orders...
As always trade safe
EnvisionEJ
ETH NEXT MOVE? (ON ITS WAY TO NEW ATH?)Ethereum is playing steady right now trying to break resistance, I believe it will fail this time and retest breaking through the second time and be successful with it. I have analyzed the graph and drew a path to where I think this will be going in the coming days.
$ETH vs $BTCPublished this way back around 1400$ on twitter, but ETH is still following the BTC 2017 fractal.
Off course the moves won't be the exact same, especially with black swan events like COVID, but I tried to illustrate this as simple as possible.
What I'm expecting next:
- 6k in September
- 4k retest in October
- 10k in November
- 20k+ in February at the end of the bull market
The numbers are a very vague estimate, but I believe ETH will continue to surprise everyone and simply follow 2017 BTC's path.
FA checks out as well, but ETH staking/burning rising on a daily basis, NFT market booming, Metaverse on the up and coming.
When ETH 2.0 is released fully, and everyone will get to dump their staked ETH, is when I expect ETH to crash hard. (this should be in Q1/Q2 2022 ethereum.org).
ETHUSDT - First dip since 10 MonthsMarket has shown sellers rejection on our drawn support area, same support zone as the 8th January. We can see a long wick and probably a bullish engulfing, moreover the market didn't close any candle below the 1h support, which is indicating the buyers coming in.
15m formed a double bottom with multiple bullish engulfing, a breakout of either side could lead to the run but in my view it looks rather bullish.
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