ETH-BTC
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.
THE COIN THAT CAN HAVE HUGE CHANGE AND CAN MAKE MILLIONAIRESJASMYCOIN also called the bitcoin of Japan , is on a price action where it can get soon more price movement.
This coin is known well in Japan, and some think it can become the country coin with second place with BTC , and some going even further, that it will become the Japan BTC coin.
At this price action we see this coin is very low depending on their historical price action- will this coin get them a real increase soon?
Time will learn - but most important is that this project have a huge goal, from IOTA blockchain service to use it as a payment way.
On my side, I expect that this will have a huge change in the coming time - because this project builds on high important futures and have a goal, also a solid team
Is this better than luna at this moment? on my side 100%, but it will stay personally expected as there is no guarantee on any markets in the crypto world.
This was a small view for Jasmy, with the expectation that it can make some millionaires in the future.
see this update as a personal view , and it's not financial advice.
🔥ADA: is Cardano going to do it again? Trendline breakout soon!Hi friends! Cardano has been in a downtrend for over 8 months now. I can see the first signs of strength appearing on the chart. The volume indicator is showing large sales - it means that the Hodlers have finally been thrown out of the market.
There are 3 value areas on the chart:
✅0.25-0.4 - support area
🎯0.81-0.97 - resistance area, target 1
🎯1.16-1.37 - resistance zone, target 2
Now we can see how the price tested the suppor area and reacted to that support. Additional support is the global trendline, to which price also reacted.
📊 The most possible scenario , if Bitcoin will not fall lower, is a consolidation above the support area of $0.25-0.4 and a breakdown of the local trendline, where you can open a long. Examples of a breakdown of the trend line, you can see on the chart.
📊 What scenario is also possible? Watch for a false breakout of the key level of $0.4 or the support zone. Why here? Most hodgers will think the price will go even lower, and a big player will collect all their liquidity at these key levels. [bPay attention to the volume indicator! The bars should go up, as shown in the example.
💻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.
CRYPTO BACK TO $900 BILLION- As you can see the market could potentially go up for a little run, then gas out and break below the SUPPORT!
- What could cause the crash down to $900 BILLION? CRYPTO REGULATIONS!!!
RETAIL INVESTORS: 'OH NO A BEAR MARKET' ..............create extreme fear and disbelief then consolidate for a very long time, everyone gets bored and forgets about crypto, then 2023 we start to pick up and trigger a BULLRUN!
#1 BTC/USD First time we see bitcoin price broke the resistance line its was in 01/012021 and the price for 1 Bitcoin was 28000/29000 Dollar.
after that we can see bitcoin price fly to 40k and fell down again to 28000/29000 we can understand we have good support line at this price because the price go up and fell again to the support line go up and fell again and again
Date 21 Jul. 2021 bitcoin price for the last time tach the price 28000/29000 and the bitcoin rice fly again to 60000/62000 Dollar
for a reason now after the big new come to us from 2020 we know what happened so
Chine close
War Russia + Ukraine
The bank raised interest rates
inflations
that enough for now!
for a big reason I have not buy at any opportunity you guys think that we need to buy a lot now because its the time
the train want to fly up so we are in or again should we gust look and don't do anything
and in the future look back and see we are stupid again ?
i need answersssss!!!
$ETH RISING WEDGE? (DT/ST) Are we looking at another rising wedge on ETH 1H?
Non financial advice but i'm going to be looking closely to the continuation of this trend.
NonFinancialAdvice
Please remember to factor in if the trade posted is a DayTrade (DT) or SwingTrade (ST). To eliminate any confusion, all of the Title's should include one or both DT / ST.
PLEASE REMEMBER TO NEVER FOMO IN!
I'm here to share my thoughts and also receive feedback so please leave a comment if you agree/ disagree/ or just wanted to talk about a different setup.
Thanks,
QoverQ
Is ETH ready to outperform BTC?We published ETH analysis back in March 2022. Back then we did the analysis not because we wanted to trade it but because we wanted to verify our hypothesis. We would say, it kind of verified our hypothesis.
What happened was ETH broken above our fibonacci extension golden pocket and touched the fib speed resistance fan 0.618 line. After that it comes back to our golden pocket as a retest and bounced back.
What is happening right now?
We added new Fib Speed Resistance Fan based on the weekly swing high and low. We found that ETH broke out of downtrend 0.618 line a week ago. You can also see that this line is now acting as a Support.
From here, we are ready to take off to 0.08 area in coming weeks/months. I would like to guess it would be in June/July.
What is the risk?
Due to general market conditions, there is a small risk that it might broke below the golden pocket and retest to lowest level of Fibonacci Channel (marked with yellow rectangle).
These analysis and studies are not financial advices.
THETA 3 day chart has nothing but upside? i believe so!THETA 3 day chart has dropped tremendously...
Im shocked at the value of this token at this price.
This THETA eco-system is definitely one of the most
impressive. With TFUEL, TBILL, TDROP and with
expansion of broadband internet,
and the NFT marketplace ranking in the top 5.
We will see much higher numbers in the near future.
🌐 Good Candle in ENS usdt 🌐🌐 ENS usdt
⏰ Time Frame : 1D
🔵 A good candle is created. We have to wait for it to close, and probably have a correction and then make a decision for position.
All supports and resistances market are in the chart.
📛 Please follow the market trend and decide to buy or sell.
⚠️ (This isn't a signal for buy or sell)
⚠️ The chart is in log mode
#️⃣ April / 27 / 2022
👸 Analyzed by : Parisa_Alipoor
ETH/BTC : PRICE READY TO GROW AFTER REBOUND | LONG SETUP Hello Everyone, I hope you'll Appreciate our Price action Analysis !
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$ETHBTC 4HR Descending Triangle*see $ETHBTC 1D Breaking Point*
$ETHBTC looks to be in accumulation zone that is getting weaker by the day. Bick wicks on both the buy and seel side tells me indecisiveness, but the LHs and the LLs tell me bears are winning.
RSI trending under the 14MA, bit more bearish than bull there.
Breakout is here. Hello everyone,
Everything is going as expected, I am actually happy of how accurate these predictions are.
Today's breakout has been predicted 2 days ago so hopefully everyone was holding a strong short position.
Soon the price may increase due the need of having a test of the previous level of support however we are still bearish till we reach major level of support.
Have a nice trading week.