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ETH-BTC

Going Long on ETH! Lets ride.ETH has been taking a beating this month... but it will soon see a nice rally (if the rest of the market behaves). ETH is entering a key zone of support and just below it lays the volume profile that has been pulled from mid June. Along with the VP there is also a important descending parallel channel that will come into play. If the key zone is jabbed, it is very likely to get a wick bounce off of the VP. I would also like to add that the RSI is oversold on medium time frames, this doesn't always mean a lot, but it is something to consider along with the other points that I have mentioned. Either way, ETH will see a well deserved relief rally 5-40% (based off of my targets). My take profit targets are noted by the golden pockets on the chart above. I will more than likely take a small profit off of the table after a 5-10% bounce to secure profit and move stops to entry.
Long
by farmtrader15
1
What time it is to be aliveLet's recap where we are on the state of the financial world & what may impact us. Inflation rate Aug/22: USA 8.3% CANADA 7% FRANCE 5.9% AUSTRALIA 6.1% EUROPE AREA 9.1% UK 9.9% RUSSIA 14.3% CHINA (2.5%) *hard to believe! GDP Growth Rate Jun/22: CHINA -2.6% INDIA -1.4% USA -0.6% UK -0.1% - Putin announces partial mobilization for Russian citizens: If this conflict worsens and the West participates in this by helping Ukraine can impact the financial market. -USA new home sales have dropped -50% in the last 2- years to reach the 2016 prices, and an extra -10% decrease is expected in the coming month. Houses sold at 1miillion dollars in 2020 are now at 500k$, and can drop to 400k$. Keep an eye on this great asset! The QQQ dropped -16% in the last 36 days and is set to revisit the 16 June low at 269$ The S&P500 dropped -12% in the last 36 days and is set to revisit the 16 June low at 3636$ Euro/USD (0,9826usd) taking the hit of his young lifetime, by dropping below 0,99$ first time since its launch in 2002 at 0,90$, with zero support between those numbers. The crypto total market cap of 871B$ has dropped by -28%, taking off 331B$ in the market #WelcomeToTheBearMarket. It's set to revisit the 18 June low at 765B$ and make a new low due to the potential capitulation. ETH merge has finally happened, the market move was a classic buy the rumor sell the news. Everything went smoothly, and ETH fans who expect a rise up from this have not been watching long enough in the market to understand that an upgrade cannot make the price goes up instantly. Now ETH has entered the team of Proof-Of-Stake consensus mechanics, 99,5% of energy use has decreased, and institutions can invest in a green blockchain! The triple halving has happened, and like every bitcoin halving, nothing happened on the market the same day! Now ETH goes from a 4% annual issuance rate to ~0.49%, meaning that less and less ETH will enter the market, making it more scarce. That's the good part to remember for the price action: Less ETH = more pump potential in the long run BTC is doing exactly what he is supposed to do in a bear market! Possible double bottom at 17,5k$ in the coming months, followed by a capitulation to 13,4k$.
CRYPTOCAP:TOTALShort
by kelman971
LUNA CLASSIC HYPE IS OVER FOR NOW >> Target .00013Im sorry guys but Im not very bullish on this chart. This is looking bad to me. Its the same type of hype run and correction is had back a couple months ago. I show that in the chart, that the previous run up from its lows to its high around .00017 it ran about 100% and then corrected down almost 35% after breaking the trend line support but an overall correction of 46%. On this rally Luna did a 500% run and has now corrected down to a similar support trend line as the previous run. The fractals are very similar, and fractals within the same asset usually play out the same too. So on this correction after the break of the support trend-line I predict a drop about 50% from where we are now, and a total of 75% before this correction/consolidation is over. I think that probably around mid October Luna will have bottomed out and starts its next run up. I think the correction on this run will be greater because the rally was also 4 times what the previous one was so the bigger the rally the bigger the correction. So I think .00017 will be a nice level to start buying, there may be wicks even lower to around the .00013 and 14 levels so have a couple buy orders there too. Sorry guys I wish I had better news, but the chart looks terrible and the news isn't that great either for the whole market and Luna specifically. The hype is dying down along with the volume in trading. Also the burns aren't as cool as everyone made them out to be (even I fell for it for a bit) . At the rate of burning now it looks like Luna will burn 75% of its supply in around 15 years. That is not very good especially if you expected a dollar by the end of the year. I don't think Luna will reach a dollar anytime soon, unless we have a major surprise burn catalyst like multiple exchanges burning transactions taxes etc which I don't think is going to happen, or some philanthropist comes out of the woodwork and says they are going to burn 50% of the Luna supply in one shot. I fell for the hype a too but I managed to make 350% on the last rally and I traded the bounces all the way down. There might be a big pump but itll be fast and brief, not sure how high but there is some bullish divergence on the 2 hour. The Daily macd is straight down adn the RSI is headed down as well. This is not trading or financial advice this is just my opinion and speculations. Comment below and let me know which way you think the price goes from here. Thank you and good luck.
Short
by Bitgolder
6
LUNA CLASSIC LUNAC Trading Within Triangle, FOMC=Direction!LUNA Classic has been trading within this Triangle for a while now. The triangle will resolve I believe today or tomorrow. We will see whether LUNA can break the triangle to the upside or not. There is a couple things going on today like the FOMC meeting and LUNA starting its burns. So here is how that is going to work. The Fed raising rates by 75 basis points is priced in. The burns for Luna are also priced in. If the Fed raises by 100 BP then Luna and the entire market is going to tank for a bit, Luna will probably fall to previous support around .00024 and then we will re-visit. If the Fed raises by 50 BP which is lower than expected LUNA will rally along with the rest of the market, and LUNA might make a run to previous resistance around .00039 and then we will re-visit. If the Fed stays the same and people are happy with the burns then Luna will trade kinda sideways for a bit I think ranging within .00024 and .00029. If the burns start and the math is done to show that it may take many years to reach the 90% reduction that everyone wants then Luna will dump pretty hard regardless of the FED meeting. If the burns show that the supply could fall quite quickly and not take that long then LUNA will probably make a decent rally at least to previous resistance at .00039 and then we will re-visit. On the lower time frame I think we will see a run up from current price around .000285 to the top of the triangle around .00031. Volatility is expanding and the MACD is coiling up to break to the upside on the hourly so this move will happen within an hour once the resistance is broken around .0002905. Please note that Symmetrical Triangle patterns once formed break in the direction of the current trend as a continuation pattern. The current trend is down and corrective, so the chances of Luna breaking down is more probable than an upside break. As you can see back on September 1st when we had that nice pump, a symmetrical triangle formed and it broke to the upside because we were in an uptrend. Also the current Symmetrical triangle has a slight upwards angle which could make it a rising wedge , which is also very bearish and most likely a break to the downside. Thank you all for your support, please like and follow if you appreciate my charts and content. This is not trading or financial advice this is just my opinions, and speculations. I hope you all have a wonderful day. We Broke above resistance at .00029 at time of writing this so a move to at least .000305 - .00031 is imminent.
by Bitgolder
3
✅ DOGE inside the FALLING WEDGE. What is the next target❓Hi friends! Dogecoin consolidationg in the narrow range. This means that the price is compressed, but it is on the decompression you can make the most money. We have to not miss this decompression. In this idea, I will tell you how to catch a powerful movement and make money on the rise. Now the price of DOGE below the 2 HUGE value areas which are resistance for the price. The big players continue to collect the liquidity close to the local lows and it`s good for upcoming movements! 📊 Preconditions to open long: 🔥 false breakout of the wedge 🔥 volume growth which confirms the pressence of buyer 🔥 DOM and Footrpint scalping tools help you to find the bottom and reversal point for the DOGE. Huge orders on the DOM usually help me to set short sl and get the best RR (risk to reward) 🔥 bullish BTC force the altcoins to grow and reach all targets The most important value area is $0.06-0.065. The bottom of this area become the resistance for the price and if the bulls have no power to break it, the price continue to fall. 🚩 If you open a long at the false breakout of the wedge, i recommend you to pay attention to this area. Maybe, it`s worth to book 50% of profit. 💻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
2
LUNA CLASSIC LUNC Classic Double Top Forming, Target .000265Luna made its pump I said it would make in the previous chart chowing the W formation. It pumped exactly to where I said it would. It then correct and had another pump but the second pump failed to get above the previous pumps high so now Luna is forming a double top on the 30 minute and 1 hour time frame. indicators are showing weakness still. My short term target is .000265 over the next couple of hours, in which At that time Luna will have created another head and shoulders (i will link another image below showing that head and shoulders potential forming. A measured move from that head and shoulders down will be around .00019 mark and with little support in that area I think a further drop down will follow. One this downside break starts its going to be swift. Luna could lose 50% within an hour or two so you need to be quick. For now though lets hope the .00026 and the .00024 hold and hopefully that head and shoulders will be invalidated. Good luck out there my friends, this is not trading or financial advice. Give me a like and follow me for more updates. Thank you.
Short
by Bitgolder
4
ETH/USD Trendline BreakHigher Time Frame Trendline Break, look for a continuation up north. Just know FOMC is approaching. A break below the Trendline may be a reason to get out. Tight stop loss for this one. Stay tuned more to come. PM me for any chart request and I will promptly post them. This corresponds to my previous signal on bitcoin. I would love to chat with you all about how to play the end of the year Q4. Like and leave a comment, I appreciate all the support. look for a retest of the low of this last 4 hours bar for best entry. I don't have a set price for take profit, just looking for a further continuation off these lows. That is all for now on Ethereum.
BITSTAMP:ETHUSDLong
by LiveTradingHouse
3
LTC/USDT - SHORT MEDIUM-TERM----- Welcome, dear followers! ----- - Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns. - For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me. - If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero. - Today's deal is shown in the chart, and here are the entry and exit points below. -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. -- ------------------------------------------------------- ⚡️⚡️ LTC/USDT ⚡️⚡️ Exchange: Binance Futures Trade Type: Breakout (Short) Leverage: Cross (1.0X) Entry Orders: 1) 49.92 - 100.0% (148.91248 USDT) Take-Profit Orders: 1) 46.58 - 80.0% 2) 42.56 - 19.999% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
Short
by Mahdicryptodotma-pro
2
ANC : WHAT IS TIME FRAME OF INCREASE SINCE INDICATOR GOING UPFrom 7 SEP until 11 SEP, we have seen a 112% increase in ANC. The coin was a time stable since May 2022 There is a change in volume structure which makes this coin interesting. The last movement of 7 SEP can get a further in trend. The indicator Depending on this indicator what the chart shows it's still the breakdown of ANC in red. Ad since short term it did activate into Green, which means the volume and interest on this coin can be active into this area. The Risk It's a very high-risk coin with a return to high profits. So, for risk between 1/10 - it's 8/10 risk coin. Targets 0,15 0,20 0,49 1: only in case high FOMO The time frame of increasing Since the indicator become green high chance, this can be so fast as possible, but there is not any guaranty for time frame. The increase depends also on interest and flow.
ALong
by Goldenbreakout
2
Luna Classic LUNC: WTF With These Damn Head And Shoulders!!Luna appears to have formed another head and shoulders on the hourly. The measured move would bring us down to .000238 minimum and possibly lower. Technical Indicators are all bearish all the way to the 2 day. The inverse head and shoulders that was formed is probably invalidated by now. It may still play out but its not looking good right now. I expect at least a move to .00024, if the selling pressure is high then we may head lower from there. I will reevaluate at that point. Thank you and good luck. This is not trading or financial advice.
Short
by Bitgolder
21
LUNA CLASSIC LUNC Cant Break Resistance, Breakdown Possible :(Luna Classic was looking good yesterday, the run was going strong and then it hit a wall at .000335 or so and its had a hard time getting through that. Keep an eye on the .00029 level I think thats where we are headed now in the next hour or so, if we break that then we head down to about .00026, if we break that then we head down to .00024, if we break that then it looks like the macro head and shoulders correction may play out and we will see .00015 - .00009. Keep an eye on those support and resistance levels. I cant make too many charts today, I wont be home but ill try and update throughout the day. I am currently in cash, I sold at the break of the .000315 level and now waiting to see what happens. Good luck out there my friends. This is not trading or financial advice this is just my opinion and what I am doing. Thank you
Short
by Bitgolder
6
ETHW ETHPOW Pennant Failed, Now In Channel Target Is The SameETHW this is an update to my previous analysis. ETHW broke down and the bull pennant failed. Now in a descending channel, finding support around $10.50. People are selling their free ETHW coins right now so we need to be patient. This is also so new so analysis is hard because of liquidity at the moment. If ETHW breaks down out of this channel then we could see single digits. This is not trading or financial advice, just my opinion. Thank you for checking out my charts, follow me for more updates.
KRAKEN:ETHWUSDLong
by Bitgolder
LUNA CLASSIC LUNAC Inverse Head And Shoulders, Rally Imminent!Hi guys another quick update on Luna Classic. It looks like Luna has formed a nice inverse head and shoulders on the bi-hourly and is about to test the neckline around .000295. A break would initiate a minimum move to at least .000345 but likely to hit .000358 at the next resistance. Then a small correction and back off to the races I believe. The daily is looking really good so this move should be a good one. All is invalidated if we break below .000255 and go back into the falling wedge/bull flag. Then Lunac would likely retest the support of the wedge at around .000221, and then we will re-evaluate. If this wedge breaks to the downside a major correction to around .0009 ish will probably play out, but i am not leaning towards that scenario as the indicators and charts are looking good right now. This is not trading or financial advice this is just my opinion, and this asset is extremely high risk and speculative; however the reward is also extremely high. Thank you and good luck everyone.
Long
by Bitgolder
4
ETHW ETHPOW USD : QUICK 2x Coming! This Thing Could Really Run!ETHW , ETHPOW, or Ethereum Proof Of Work, looks like its about to retest the previous high area. This could run pretty quick because there isn't very many coins for sale yet. The indicators are showing that a nice move is about to play out to the upside. Plus you never know this thing could really run. Lets say something happens with the new POS chain, where would everyone run to? They will probably go back to the original ETH where everything worked fine. Either way, this is high risk and just speculation, but the reward could be massive. This is just my opinion and not financial advice, good luck out there evryone.
BITFINEX:ETHWUSDLong
by Bitgolder
ETHBTC Bearish Cross on MACDThis is yet another chart on the 3D time-frame, which time after time has proved to be reliable in catching medium-term price trends. This time on the ETHBTC pair, the 3D MACD just formed a Bearish Cross. As you see, since the June 06 2021 candle (so more than a year), every such formation (with the exception of August 20 2021) was a sell signal. I have pointed out key Support zones with the first one being around 0.06500. Since the pair has been on a Channel Up patten since mid August and the price is now too close to its bottom (Higher Lows trend-line), it is worth attempting a tight SL buy but reverse to a sell if the price breaks below the Channel. On the longer-term, the Bearish Cross effect will be invalidated if the pair breaks above its 0.088640 Resistance (previous market High). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
3