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ETH-BTC

"THE FLIPPENING" : When ETH flips BTC in dominanceThe flippening, or when ETH exceeds BTC in dominance, aka flipping dominance, will happen on May 2023 according to this chart. By charting the ratio of ETH dominance, ETH.d, to BTC dominance, BTC.d, the flippening occurs when the ratio exceeds 1. ETH.d to BTC.d ratio has printed a cup and handle pattern on the higher time frame. This pattern's measured move, if the ratio breaks out of it, exceeds 1 meaning that ETH would have flipped BTC in dominance. By projecting a rising channel from the handle, the intersection of the measured move is around May 2023. At the moment it seems inconceivable that crypto will rise, but drops of 80% to 90% are common in alts in bear seasons, bull seasons will be in the multi Xs gains for alts. BTC is facing many problems, the largest of which is energy consumption, currently turning a profit mining BTC is in the red as energy prices have risen and BTC price has dropped. Another problem is that BTC transaction time is exceedingly slow and BTC lacks smart contracts. ETH merger has addressed the problem of energy consumption in mining and theoretically transaction fees which have been astronomical since ETH price has risen. ETH technically is a better contender as a BTC replacement. Also, ETH holders from March 2019 covid dump have outperformed BTC holders. Microstrategy would have been in better shape if it held ETH. In an old idea below, I predicted that ETH will reach the neckline of the cup and handle around 25% of the market cap.
CRYPTOCAP:ETH.DLong
by nagihatoum
21
Bitcoin | SPX, DJI, Altcoins, Flash Crash, The Merge-ETH & MoreWho dares to make a prediction at such a juncture? Anything goes... After this type of action, a new low compared to June but with lower volume... We normally tend to see a test of the "counter trendline", this is as common as it can get. We also have MA200 dropping fast and once this one drops the candles tend to move in the contrary direction and meet up half way. We also have the feds easing a little bit, any good news the market can use as an excuse for a much needed relief. We see many Altcoins that did not hit new lows instead hit new highs, signaling that not all is lost. The SPX is sitting above 4000. Its bear market is not over but already in the relief phase with a few more weeks to go. The DJI broke the August high... We see some positive signals around... What about Bitcoin, where will it go? We are looking for a jump now but we have no volume, no positive signals... So many a flash crash and then up? Ethereum, the merge, is already trading above EMA10 but weak nontheless... I say up... What about you? Let me know in the comments below. Namaste.
Long
by AlanSantana
7
BNBUSDT| We take SHORT from local resistance.Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ From the last signal in LONG, they were able to take 20%; now the asset has rested against the local resistance of $ 303-305, there is a chance to get a rebound! I take no more than 5% of the main deposit for a deal, with a short stop order for $318, be careful, you can see a puncture and then go below $300 Take profit will be updated according to the situation.
Short
by DanilBlinkov
2
Chainlink Trade (High Risk)This is a really high risk trade but I like these springboard patterns they have high hit rate for me. Every time LINK has dropped under 5.8 it has been bought back up pretty quickly. The 12hour time frame has caught these divergences pretty well and we just confirmed another one with the last candle. So what do we have : 1. LINK extreme oversold zone RSI under 40 2. Bullish divergence on 12h 3.Springboard setup 4.Max Fear in the market I take the trade Stop loss last swing low 5.6
COINBASE:LINKUSDLong
by Sporia
6
🔥FORGOTTEN GAINER: STEPN (GMT) IS ON THE WAY TO NEW HIGHS?🔥 Hi friends! The media activity around Stepn a fall to it's yearly lows, so this is a time fot traders to pay attention to it. The retailers are already wiped out on this 46% dump as the overleveraged traders. 🚩 Aditionally, we see how the GMT price move during the double bottom pattern. This pattern calls the swing failure pattern cause the price can't fall/grow after the reaching swing low/high. GMT already make it 3 times and now we see the 4th. All the targets for GMT will be reached, If BTC make a pullback to $19k. I think that is more than possible. 📊 TRADING PLAN: 🔥 long traders liquidation which happen not so far. We can see it on the growing volume bars. Also the short traders who open a trade on this dump will be forced to close their trades in loss. Such activity will push the price higher and higher 🔥 squeeze to the trendline before the breakout 🔥 bullish BTC is a must have for altcoin growth 🚩 The main task of traders is to understand the mood of the whales in different situations. I use DOM and Footprint scalping tools to idenify the big players. I see when they sold during the pump and buy during such "avalanches" like that. So it's very usefull tools. ✅ TARGETS: 1. $0.43 - the closest key level 2. $0.57-0.66 - the closest value area and strog resistance 3. $0.92-1.1 - the important value are and even number of $1, which is huge technical resistance 🚩 I recommend you to book at least 70-80% of profit at the 2nd target. Traders, what is your targets for GMT? Write in the comments 💻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
by Yuriy_Bishko
3
ETHUSDT | We are waiting for the exit from the pattern and dial Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Still the same triangle, only had to adjust the borders from the last signal. Here the 50/50 deal placed an order below $1200 (1160), the asset starts to clamp in the range and I think the exit from the triangle will be a downward movement, if I can’t hook the order, then I’ll just wait for a new entry point, I’m trying now to share deals without much risk! Be sure to work with risk management, it is now more important than ever!
Long
by DanilBlinkov
1
TSUKA - We're about to turn.Buying pressure on the hourly has created an effective floor. We have a price shock to the upside possible. As you can see the descending wedge in the regression channel has almost completed and is about to break trend to the upside. Also TSUKA's official twitter feed on Friday announced they will be listed on a major exchange in the next ten days. twitter.com Someone bought heavy to the point of owning over 5% of the current float of TSUKA, this could be a whale, or this could be an exchange gearing up for a secured launch. NFA - I am long TSUKA and am buying as much as I can afford.
by jpactor
Ethereum ETHUSD - Welcome to Bear Markets. $2,800 Lies AheadBear markets provide exceptionally nice volatility and are a really great opportunity to trade. But because they trade big ranges and go after both highs and lows, humans don't like them. Why? Because people want to push buy on something and have it go up in a straight line with little or no pullback. If that's what you want, go loan someone with good credit some money at 5% interest and stop trading. Ordinary humans don't want to have to think about risk and reward and they don't want to have to take profit. They want to smush buy and get a 10 or a 20 bagger and go to the strippers. And yet in the last stock market bull run, the greatest in history, retail traders lost $5 billion in the options market . Go figure. The reason bear markets have such huge rallies is because bear markets are about selling. If you understand what selling is about, you'll understand that institutions and funds don't sell the bottom like you do. Neither do they buy high like you do. Instead they buy at low prices from you while you're afraid and sell to you at high prices while you're greedy. The best part of a bear market rally for them is that it Pavlov's Dogs you to buy the dip, so that when the pump is over you'll be on the wrong side of the trade, buying and buying "at a discount" while it slides downwards like an avalanche with only impotent wicks that don't last along the way. Now, I'm not bullish on crypto. I think digital currencies, without exception, are scam coins with literally no value. The most fundamental reason for my opinion is that the Federal Reserve and the U.S. Department of Treasury intends to crack down on crypto in the very short term future for the purposes of replacing these so-called "decentralized" systems, which are heavily centralized in Chinese Communist Party-linked interests in the first place, with Central Bank Digital Currencies. You should know a global digital dollar is never going to run on Ethereum or BTC. Don't be foolish. Nobody is going to give you power like that. It's a small club, and you aren't a part of it. If you don't believe it then read the Fed's FOMC minutes. Stable coins are targeted in each and every one. The Democrats, which so many of you somehow still vote for, have crackdown legislation targeting crypto making its way through the House. Look at things from the International Bank of Settlements and look at comments given by the Deputy Governor of the Bank of Canada on the topic of Smart Contracts. CBDCs and global social credit are coming. The globalists want to emulate the Chinese Communist Party. Technocratic communism won't be built on Ethereum. Ethereum is just here to groom you to accept real technocratic communism. When they're done using it, this will get knocked down to $50, and then $20, and then $5. Ethereum has already degenerated into a censorship regime as well. There's nothing AnCap about this junk, except that it goes uppy and you want to get rich, and quick. In terms of long time frames, because Ethereum rallied so huge and so fast, from $300~ to $4,500 in only seven months, big moves like $1,100 to $1,650 only amount to marginal variance inside what can be considered a demand zone. The truth is, though, that once Ethereum broke $1,700 during the June dump, this market is no longer a bull market. The makers are accumulating positions at a relative discount, still, and that type of demand zone, because the range is so huge, goes all the way up to $2,600. There are two important considerations with this trade, considering ETH: 1. Ran the bottom of the $1,300 consolidation range and immediately recovered 2. Broke out, hard 3. Has not retraced in 2 weeks These factors combined mean that the MMs are still heavy on the sell, and if ETH is to stop making upwards progress and actually trade under $1,480 again, it will not be for the sake of a rebalance for further upward movement, but because we are going under $1,110. In short, that price range is "poison" and will only manifest when the markets at large are in trouble. So if you're underwater short, I hope you cut your losses while you have a chance. Because the MMs are heavy on the sell, you can expect previous highs to be eliminated. Those most significantly stand at $1,800 and $2,050, two key psychological levels that will bring in a lot of FOMO. Because they will bring in FOMO and people who have been standing on the sideline scared, the market isn't likely to turtle soup either of these levels. Instead, I expect the real intention of the MMs is to take the longs they accumulated in the $1,100 - $1,200 range over the course of several weeks back towards and above range equilibrium of $2,600 and begin distribution. Once distribution is finished, the drop will be tremendous in terms of both speed and magnitude. What's aimed for will be three digits, and at that point, what we are being being set up for is probably a new high over $5,000. But it will be very hard for you to survive long enough to see numbers like $5,000, especially if you want to HODL, especially if you get greedy, especially if you get scared.
GEMINI:ETHUSDLong
by LordWrymouth
11
🔥BINANCE ⚔️ FTX: how will this battle end❓Time to buy more❓🔥 Hi friends! CZ, Binance CEO, said that going to sell their FTT (FTX Tokens) worth about $600 million. The tokens will be sold for 2 months to not manipulate the market artificially. The reason for conflict is the possible bankruptcy of FTX. FTX reserves in ETH fell to a two-year low of 108,000 ETH from 400,000 ETH just three days earlier❗️ 🚩 Binance received FTT as part of its exit last year from an early position in FTX exchange, which they had held since 2019. FTX bought Binance's stake in the company for $2.1 billion in FTT and BUSD. ✅ Finally, this story could end badly for the bulls. FTX is a TOP 2 exchange and if it collapses, it will be much worse for BTC🔻 than the case of Terra Luna❗️ ✅ What happend to FTX and BNB in the 2-3 weeks? Here the 2 scenario for you to open the BEST trade👇 📊 THE FTX SETUPS 🔥 The most negative scenario will be the falling of FTX below the current lows at $15. It can trigger the massive sells off. Why the worst scenario for FTX can happen? Another risk of a further drain on FTT tokens if Alameda fails to prove that it did not sell tokens to the Bybit exchange (BitDAO). The BitDAO community has said it will vote on the fate of the FTT tokens it holds on its balance sheet unless Alameda provides proof that it continues to hold BIT tokens on its balance sheet as promised, rather than selling them into the market. 🚩 This would mean that FTX is trying by all means to get rid of it and sell all of its holdings and trigger the massive DUMP. 🔥 The positive scenario if FTX still hold BitDAO and the price return to the $22-29 value area, where the whales and retail accumulate FTX tokens. In this case we can assume that everything is okay and should try to find mid-term entry point. There are always a lot of possibilities after such shakeouts. 🚩 Just take a look on the volumes indocator on FTX. I leave for you 2 callout that have to show you retailers mentality. They bought a lot at the all-time highs and sells now in a HUGE loss. Remember this when the next bull market will be finished and you already make a lot of money. 📊 THE BNB SETUPS It was my scenario for BNB almost 1 month ago. BNB already make +36% and reach my targets. Take a look on the volume indicator. TThe volume is squeezing before the PUMP and it was the importnat precondition to opne a long. 🔥 Positive scenario for BNB would be a close above the $337 key level. In this case the price continue to grow. But if it close below the key level, it would be the false breakout and the price will fall to the closest support at $260-310 with high possibility. There we can wait for some price reaction and find the entry point to open a long/short. 🚩 Another rumor is the FTX CEO Sam Bankman-Fried "helped" the Luna to colapse and as far as you remember, Binance lost almost $1.5B in Luna. Is this another reason for CZ to remove the nearest competitor from the market? What is your opinion about this situation? Is it worth buying FTX now or will the price fall even lower? Write in the comments! 💻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.
by Yuriy_Bishko
5
The Future of Bitcoin.Hello, I have outlined the current channel structure with two possible scenarios. As BTC climbs we will likely see a rejection at the resistance point of the channel around 25k. Macro political issues will play a role in either continuing the rise or fall of BTC. From my understanding of the global macro climate, it is highly likely Putin will launch a tactical missile(nuke). This will spark panic/fear in markets that we have not yet seen this cycle; leading to a flash crash to 12K or below in the highlighted dates. The flash crash presents an opportunity for accumulation. After the crash, the price is expected to rebound back to 29K which marks the end of the bear cycle and the beginning of a new bull cycle. Bitcoin is expected to surpass 100K.
CME:BTC1!
by BitcoinOasis
1