ETH-BTC
#PLSD could retest lower prices#PLSD price is trapped in a parallel channel in a nice accumulation/distribution chart.Sellers are happy to sell at the top of the channel is 4.21usd (resistance), with bottom of the channel at 1,75usd where buyers outweight sellers.(support)
Rejection of the top BB (daily) and the rising wedge on daily ,has a DOWNSIDE measured move to the bottom of the channel .Still a good chart but correction incoming .
Target1 1.75
Target2 1.45
Invalidation 4.50 (daily close)
ETHEREUM - HUGE ACCUMULATION CHANNEL Short term looks like we can have little push to the upside towards 1400 usd. I will consider it as continuation of redistribution and just after its finished I would like to see downward movement to the new lows. I think green line matters and if we will go for new lows there can be our bottom.
In that case huge accumulation channel would be very clear.
LTC - two possible scenariosAll depending on daily close within next two days. If bulls manage to close daily above the green 100 MA (green) - LTC will most likely move towards the stronger 200MA resistance. If tomorrow we close below, the possibility increase to drop down slightly below previous support levels. In this case, I would look at possible Wyckoff accumulation schematics with the potential of reaching new highs before December. Time will tell...
BTCUSDT🔥 Graph updateSubscribe to the channel that would receive new information about the cryptocurrency market✅
Hello everyone👋
I will update the BTC chart
I expect the fall to continue to the $17,700 retest zone
So far, the decline has not been stopped much by short-term consolidation in order to gain more longists, after which the liquidation of longs and the removal of shorts will begin.
I moved my order from the last trade below $18.150
I think there will be a squeeze and they may simply not catch the 17.700 zone
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Let's break down the XRP chart
After a long consolidation, the asset broke out and showed 20%, congratulations to those who made money on this movement👏
Then I expect a rollback to the local support zone, there was no closing of a full candle, so I think the asset will not test the local zone, but will simply roll back.
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▫️BTC is testing the trend line on (TF) 2H. There are two options for events, either a rebound to the local zone and a breakdown, or a test of the trend line with a subsequent breakdown down.
Sample deal plan:
💡Entry $21.150
🔝Take profit 19.855$
✖️Stop-loss $22.450
📈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.