$ETHUSDT is interesting, I've been bullish relatively vs Bitcoin for a while, but got out of my latest attempt at riding the pair trade in minor loss of 0.15% yesterday. I had secured some gains since my last publications before, and tried buying back after a dip. See related ideas for the last post. There is a lingering chance of forming a monthly uptrend in...
In today's inflationary economy where money printing reigns supreme, the idea of "burning" money to maintain a currency's worth stands out as counterintuitive and different. It's also highly illegal - creating your own money supply (counterfeit) or destroying them are usually both felony offenses in most fiat systems right now. In a way the ability to control a...
Ethereum is steadily gaining on BTC. As shown in the chart, we have a lengthy bull flag breakout targeting a move to approximately 0.177 for ETH on the BTC pair. With the EIP-1559 Ethereum burn activated, there have already been over 70,000 Ethereum burned. Couple the deflationary component with Ethereum 2.0 staking, and the ETH circulating supply is going to...
Everybody's favorite Unicorn in Cryptocurrency. Like most of the other alt-coins we've been hitting major resistance levels before the next major step-up. We formed a short term horizontal channel so we're moving sideways a bit. We'll see how long this holds. Once we break this resistance level of $31.30 we will be grinding towards re-testing all time highs in the...
Green arrows highlight the ideal scenario for recovery. There are 3 levels I am currently watching - $2100, $2900, and $3500. We’ve already reclaimed the $2100 support. Broke out of a huge falling wedge recently on June 28th. Here are a couple scenarios I’m thinking of: Scenario 1: Reclaim $2900 with a 4HR close above. Next, reclaim $3500 with another 4HR...
Been adding ETH since the dip earlier last month... and with EIP1559 London Fork scheduled on Aug 4th, looking forward for a big pump to lead the whole market along with it. I won't be surprised if it pushes BTC above the 45k along with it.
Actions speaks louder than words, but this familiar Triangle will explode every chart after the upgrade. Expect the unexpected like they say. Target: 0.19-0.20 ETH/BTC BULLIIIIIISSSSSSSSHHHHHHHHHHH!!!!!!
Will the hard fork coming up in ETH's EIP-1559 upgrade lead to another "Ethereum Classic"? Maybe, maybe not.
I know people are starting to sleep on cryptocurrency. Not too much heavy buying and not too much heavy selling. The state of the market is in limbo but these times present great opportunities. If you don't own at least one Ethereum now will be the time to seriously consider making it a goal. If you're trying to build wealth in cryptocurrency with the least amount...
Hello London... Hello EIP 1559... Hello 2100... TA, PA & FA are saying one thing... the only way is up for ETH. Riding this to ETH new ATH with loads of bags!
Hello, As we regularly visit the 'oversold area' on RSI-14, this suggest accumulation on the market. CME expiration date could suggest the the "spring area' in the pattern. CME expiration date is right after the launchpad of testnet of EIP-1559. The final 'London hardfork' with full EIP-1559 implementation stats 14. July, however right after testnet we will know...
“One of the biggest problems I’ve found with our project is not the technical problems, it’s problems related with people,” Vitalik Buterin said in a recent interview. Why the scalability problem isn't easy to solve, and why people's political outlooks will affect the outcomes of the crypto race in the next few years.
ETH 2W , in yellow box, about to hit bull/bear divide intermediate RSI support. CRITICAL.
traders LOOK at this and buy this dip or shorth the snot out of it tonight when the #CME opens the minimum we see $1000 right?? IDK
Bitcoin in general follows his routine and the whole crypto eco system Like you see, we have made a nice support on the 200 Moving Average with eth/btc correlation, which would consider go back around 3700 dollar per Ether(under pic) and going dominate BTC in the long term. What suprised me is that Bitcoin always follow his routine and never follows people...
seems reasonable considering putting in a sell target will assess the overall conditions of the market before doing so or take out the initial cost at 7k and let the rest ride.
Getting a nice sideways cruise with The Graph (GRT). We've been holding a sturdy support level above $1.00 since February's run up to $2.89. Then we cooled down and hit a low of $1.13 on April 23rd. And since April 23rd it seems like we have a slight bounce back the upside. In between $1.33 - $1.80 seems to be a nice area to scoop up some before we inevitably...