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ETH-BTC

Crypto vs GME/AMC vs Evergrande in the Last 3 MonthsA 3 month chart of the returns as a side-by-side comparison. That red line slowly sinking into nothingness is Evergrande, the lines in the middle are GameStop, AMC, and a random ETF I found on the real-estate market here in the US. How the Evergrande crash will affect the US markets is yet to be seen (it'll probably take at least a business cycle or 2 before the effects of it show up here) but we do know that it will be negative, potentially recession-inducing. As you can see, as the real-estate market dips, crypto is actually doing better, not worse. People liquidating their assets in China may have lead to the runs that we see today -- and right now where the interest rates of banks are low, crypto is the only asset that makes any sense if you want any sort of reliable return. If this trend continues, we could see a jump in crypto prices like never seen before. Crypto is also what you call a "inflation friendly" asset because it's not beholden to supply chain issues like other assets are so it's more likely to adapt to economic conditions much faster -- at the very least, it will be affected differently. But the important thing to pay attention to for the #crypto folks is how this is talked about in public -- if you notice, about a month ago crypto and #blockchain markets have taken a slight hit -- but the media around then started publishing articles how Bitcoin and Ethereum was "tanking" along with the real-estate market, due to Evergrade scares. This is what's called "cherry picking" your data set, since the overall trends show that the two things obviously don't correlate. Don't get caught up in other people's problems, other people's fears, in other words. Misery loves company, after all. Crypto is in for some good times ahead, I'm pretty sure of it now.
COINBASE:ETHUSD
by RyanTanaka
34
$SUSHIUSDT: Potential uptrend signal hereIf we get a breakout, we can go long $SUSHIUSDT here, with a decent reward to risk, signal could trigger during tomorrow onwards. I'll update it once it kicks in. Strictly technical trade here, I don't think it's justified to expect a longer term move in altcoins here, $BTCUSD's 2 week timeframe signal is a much better candidate for that, but we could get a short term rapid rally here, and the stop loss is tight, once it is active. Cheers, Ivan Labrie.
Long
by IvanLabrie
2
BTC story so far...Go back to the beginning of Bitcoin and you will see the early adopters and the tech wizz kids where the only real active users. Think of a million dollar Pizza. These guys knew they where on to something, but maybe had not realised exactly what - I know this to be the case for me personally buying in around 2011! Just thought I would take a punt. Then comes along something new and shinny - more innovation inside innovation = just Brilliant. But to really get this going, where are the banks and the investors? They later changed the name to Ethereum... Ah ha; Once some of the institutional money came in, many new traders assumed this was only a one way ticket! Thus, causing many to jump on the wagon. Until the lovely bank manager - let's call him Composite man, decided he wanted to take some profits from this market. You can see this as clear as day here; Which just happened to line up with a wave 3 in Elliott lingo; And this is why I called the warning shot in March. You will not believe how respectful Bitcoin is becoming; Interesting times and next roadmap to be plotted soon! I'll leave you with a Have a great week! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSD
by Mayfair_Ventures
5
ETH An example in why retail traders are wrong!Good Morning traders! Today I have a great example of order protection and liquidity building. This is something that I have been speaking about for a long time and this current PA shows it well. The blue boxes show places where large orders have been placed and and initiated moves. See how price returns to retest these areas?! this gives the Banks, Whales and big players a chance to protect orders. Retail traders place orders outside of these areas "support and resistance areas" These orders can easily be seen, and therefore hunted. The highs and lows create areas for the big players to exit the large volume positions as every buy order needs a seller and vice versa. I hope this information has been helpful. As always trade safe. EnvisionEJ
BITSTAMP:ETHUSDEducation
by EnvisionEJ
3
BTC- SINCE LAST TRENDS ON RED AND 37300 could be the target!Hello trading friends, Today 24 Sep 2021 is not the best day for crypto, first of all, 🚁As we did add about Binance did start to close futures trading for the more EU countries, also Germany. it means you cant deposit with SEPA or credit card and also no futures trading. since today 24-09-2021. and the china news. What about the TA? TA trends look also not the best, to get a confirmation trend for uptrend BTC should hit at last 44K with confirmation time frame, and it looks that we could get a new breakdown trend if BTC doesn't confirm the time frame. We did add before about the 45K+ target, and bitcoin did hit 45100, and from there it did break down because of the news trends. 💎As always hold do your plan, but always good for DCA and manage your risk well. Can bitcoin go to 37300 usd? Yes, it's possible but we should confirm some targets coming time. Have a great day!
Short
by watchtrend
3