ETH-BTC
📈SOL: potential pullback! Don't fall into THIS trap.Solana (SOL) is now under the sellers pressure. I marked how the volume growth when the SOL reached new highs. That means that retail traders buy the highs in case "to not miss the opportunity" but actually it`s just another pottential trap for them.
After the price return to the key level of $37.37 the volumes have to confirm that big players continue to sell the SOL as it marked on the chart. Only after this we have the good opportunity to open a short trade with good RR.
The target is a value area of $28-32. There is also the global trendline which is also have to be the HUGE support for the price. After this pullback we can expect the continuation of consolidation or local growth until BTC nt be ready to reach news highs.
How do you think the Solana continue to grow and be the top gainer of the next year or it`s blockchain is not ideal and it`s goes donw int he top crypto list? Let me know in the comment your thoughts about fundamentals!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
bitcoin still can have correction ? its possible !!!here is my idea about the worst situation that could happen to bitcoin
and i think it will happen
we should start our road to moon next year
and still we have 12 month
and yeah i think it can reach 12000$ and i hope it happen
because i could have more at lower price .
it is always good to buy the deep
WTF Is Happening To Ethereum?!After the Market Crashes in The Last Few Days, Following The Loss of Some Important Technical and Psychological Supports of Ethereum, This Cryptocurrency Lost a Much Larger Percentage Reduction in Price Compared to Bitcoin. Examining the Bitcoin-based Ethereum chart, Ethereum Has Been Able to Fill the Liquidity Void Left Over From the Past Uptrend During This Price Correction, and By Hitting Liquidity Areas in Several Times, Has the Potential to Reverse the Trend. It Should Be Noted that By Analyzing The Chart From a V.S.A Perspective, One Can See The Tangible Inflow of Smart Money. However, Given The Amount of Tick Volume and the Size of The Candle Wicks, It is not Out of The Question to Retest Supply at These Levels. If The Supply Test Is Successful, The Scenario Drawn in The Chart Will Be The Most Likely Scenario For ETH/BTC.
Ethereum for $1000 IS IT REAL?!Who here asked for a discount on ethereum?)
Friends, I think that ETH will very soon cost $ 1000 already in this zone, maybe the tool will find its support.
So far, it is possible to gain a position in short with a small percentage of the deposit, a take-pro of $ 1050. Don't thank me)
We took the last short with you confidently now we will catch long from $ 1000
✅Do not forget to visit the channel there is a lot of useful information about trading.
✅Write your comments what you think about this coin.
Precious Metals continue to surge against cryptos#Bitcoin and #Ethereum have been in a lot of hurt lately, and the end has yet to be seen.
This custom chart shows #Gold and #silver in their historic proportions versus major cryptocurrencies #BTC and #ETH.
As you can see, PMs have been outperforming cryptos in general since November of last year.
A reverse head-and-shoulders can be found in this chart, implying that the pain for the crypto market has a ways yet to go.
It used to be common to have 5 to 20% of a portfolio in precious metals depending on risk tolerance. With the threat of inflation those numbers should be significantly higher. Today's median crypto investor has 0 in PM holdings. Luckily there is an easy way to convert crypto to actual, allocated, physical (and even deliverable if desired) gold and silver.
Check out the Kinesis platform to learn more: kms.kinesis.money
Good luck out there everyone
Levels for ETHBTCAltcoins currently taking a hit relative to BTC. Ethereum almost at its previous cycle's ATH around 1400, nearly testing it before Bitcoin has come this close to its 20k previous ATH.
As usual altcoins take the brunt of the beating, and we clearly see that with ETH vs BTC here. This is a good indication alts have more bleeding to go, at this point it isn't a surprise anymore. My past posts show that I believe a bottom may be close, but not here yet and the fact it is going to take TIME to develop with a long accumulation range.
I might post potential bull divs forming or other potential bottom structures in the meantime, but it does NOT mean I'm immediately jumping into a long position. Just observations and ideas in the meantime as the macro structure plays out. Any bottom at this point should be temporary and retested before we can slow down the pressure imo.
If in doubt, zoom out.
Cheers
V
ETH and BTC, search how long will it take to get to the bottom.Hi All,
This next video post is about looking at time frames on how long it will take to get to the bottom.
Is there anything in the past that can help us guess-timate where the bottom is.
This is just exploring and interesting enough, I found some potential answers.
In this video, I cover #ETH #ETHEREUM and #BTC #BITCOIN.
I have not tried the fib time extension tool here as I wanted to explore this, fyi, it was a 1st attempt here.
Haven't done it prior to this video and the results are surprising making sense.
Give me your thoughts or comments.
All the best,
S.SAri
Whale data : Shows interesting for OMG : OmisegoCrypto has seen last times more breakdown trends - it's a time where the most users have low interest in crypto - and same time for whales to choose to best long-term coins.
And it's not my best first choice - but if we follow the whale data - then we see OMG is one of the coins , why is these? the time will and should show the effect.
OMG is known as a coin that had the good times before - and same time we know that ETH founder :
Vitalik Buterin has some work on it before, this could be a partnership or lower - but out of that - always study the markets well - as there is no guarantee into markets.
And we have seen that markets going last times also on the normal stock effect.
This update is only to show that this coin can be interesting coming time, and with time we will see or this will get confirmed.
ETHUSDT🔥 Let's go for a breakdown of support!!!#ETHUSDT🔥
▫️ETH tested the lows of $1,700 again, with a reversal, taking $ 1,872, where we met resistance, after which the asset moves to the support zone again.
💡Then I think the next retest will be at the breakdown, where there may be a price update of $ 1600
✅Do not forget to visit the channel there is a lot of useful information about trading.
USDT's Roller Coaster rideAfter Yesterday's publish, USDT immediately breaks its resistances, and our coins losses their value. But after few hours, USDT resistance at 6.4%-6.5% rejected on going too far and now, USDT losing its value and transferring to our coins. Again, support area at around 5.9%-5.8%. If this area breaks, coins will have a mini bullrun.
DYOR and Trade Responsibly.
PIVX USD : PIVX MULTI YEAR BULL FLAG BREAKOUT TARGET $100PIVX has been around for a while and I've always liked PIVX. I believe if this pattern plays out then we will see something extraordinary out of PIVX and maybe all of the reputable and stable/secure staking coins. The USA government is going after Proof Of Work mining because of the energy it requires to run and the environmental pollution it creates, its within the executive order that was signed in the Crypto Bill. I believe also that is why Ethereum switched over to Proof Of Stake early is because they knew this was coming and they got ahead of the game, which in turn will probably cause a flippening with Bitcoin putting Ethereum in the number one spot. At least until Bitcoin switches over or finds a new innovative way. I dont know exactly what is coming but something is in the works and i think we will see a mega rally in the staking coins in the not too distant future. PIVX has been playing out a massive bull flag for a few years now and it is reaching what I believe to be its end and PIVX will blast through the upper resistance line and making a run up to about $100 dollars each, which would be a measured move by the size of the flagpole. Its easily possible, especially with a team that has been busting their ass for a while. If you find this content useful then please leave a like and follow me for more updates.
This is not trading or financial advice, this is just my opinion and what I am doing! Thank you for looking!
XTZ TEZOS USD : BOTTOM IS IN BOUNCE OFF MAJOR SUPPORT $14 - $22XTZ Tezos USD had broken below the long time rising trend line area of support, breaking down out of the ascending broadening wedge thats been going on for the past few years. I believe the correction is over and this is a fantastic buying opportunity for XTZ. It corrected close to 50% from the initial break of the wedge, which is a typical and common percentage correction after breaking this pattern before reversing back to the upside. I see a target of about $14 dollars minimum by June of 2023, and at that time we will revisit XTZ and see if it has the strength to break the upper trend line of the wedge and have an even more massive run to $20 - $25 and use the upper trend line as support for the next run! Indicators are also pointing towards a nice run up, MACD, STOCH RSI, and BBWP.
Also the USA government is signing executive orders to regulate this space, along with handle the major power consumption that proof of work coins are using. They will probably suggest proof of stake because it uses virtually no real power. At that time BTC may have to switch to proof of stake or another proof method for validating blocks. I think that proof of stake coins are going to be the next major go to. ETH may have seen this coming and hence why they switched to proof of stake? ETH may overtake BTC if and when that happens.
If we do end up breaking down however below the current support then we will probably go all the way down to the next major support line to about $.30 cents or so. I dont think that will happen because I believe the bottom is in in the majority of the crypto market as a whole. If we do end up going into a multi year bear market then XTZ will probably break down to that low of 30 cents. I don't believe that is the case though, especially because I have been in crypto for a long time and I know what to look for in market bottoms and I don't mean just charts, and this almost identical to the last bottoms I have been through!
This is not financial advice!
ETH ETHERUM USD : Ethereum Is Ready To Explode! Bottom Is In!Ethereum is playing out the same fractal as the 2016 bull run in which Ethereum went on a 224,000% rise, thats two hundred and twenty four thousand percent! I believe the bottom is in for Ethereum! I see some serious upside coming in the not too distant future. This market is poised to leave everyone behind. 90% of people are bearish and are going to get trapped, they will be left behind in this run because its going to go up so fast it'll make your heads spin. This correction is over and bears are going to hibernate for a while. This is not financial advice this is just my opinion. Leave a comment below and let me know what you think and follow me for more analysis and updates, thank you!!
The New Chainlink Cycle Has StartedThis could very well be the new Chainlink channel before breaking the 8/1 Gann Fann and going to all time high.
So as you can see from the two yellow circles this channel is becoming pretty important for link. Last time we hit the bottom of this channel it was the Covid crash March 2020.
791 days later we had the same thing happen capitulation crash to the bottom of this channel and so far things are looking pretty good, we keep closing weekly candles above it .
The BTC/LINK time sequence is now officially started, check out this TA below .
From here onwards Link has now started its new cycle, a potential rally could take it as high as 20 dollars this year , before rolling over at the top of this channel going into 2023.
The next BTC/LINK sequence is now April 2024 which lines up with Bitcoin halving and March 2024 time Fib you see in this chart. It is possible that during the period April -March 2024 chainlink will break the 8/1 Gann Fann and start its parabolic move upwards and break all time high.
Target for late 2024 would be 185-200 dollars.
Ethereum Spec - Interesting Level, Interesting Volumes, Intere..-This is not a trade or financial advice so please use your own discretion and appropriate sentiment to make IB decisions.
Interesting area, though we are in bear market.
Big money moves on both sides of market to happen. Looks more likely to bounce temporarily from here than fall through a cause de volumes.
Je pense que there is a minor retracement here part of larger trend to push lower though for now said vols do not suffice the power to fall through. Couple areas of interest I would note for way up and look for signs of exhaustion/loss of steam.
Personally I think 3 figure Eth ($) is very much feasible before the commencement of the next cycle. (Stagflation on a list of circa alf a dozen) (I also think that 3 thousand Eth ($) is also very much feasible too.)
BTC Halving - 2024.
Historically, pre hype, pre cycle gives us a nice push and more heavy accumulation phase in the 6 months prior. I expect halting of the establishment 'Chop Shop' around Late Summer/Autumn 2023.
My personal strategy for now is look to trade swings where appropriate and DCA into my fav coins, I will be more aggressive with accumulation in 2023.
(Note: I am learning more and more about this market every day, these thoughts are my own and not intended for financial advice and I accept the fact that any ones views may not align with mine, I am always open to discussion as I am striving for improvement each and every day so feel free to comment or DM to discuss)
Also @NonFungibleGNGA on tweeter.