ETH
When is the correct time to sell Bitcoin? Hello Traders, welcome back to this market breakdown.
In this video, I explain the time cycle of Bitcoin and what a good time to sell is.
1. Halving Cycle Structure
This chart leverages Bitcoin's logarithmic scale to illustrate its price behavior across halving cycles, providing a clearer perspective on exponential growth and diminishing returns.
Key Takeaways from Bitcoin's Halving Cycles
1. Halving Cycle Structure
Cycle Length: Each cycle spans 1432 days (approximately 4 years), divided into:
Bull Market Phase (1064 days): Gradual accumulation followed by accelerated growth.
Bear Market Phase (365 days): Sharp corrections and consolidation before recovery.
Historically, bull markets account for the majority of price growth, with bear markets serving as cooling-off periods.
2. Historical Price Performance
Cycle 1 (2012 Halving):
Entire Cycle move: 11644%
Pre-Halving having: +390%
Post halving +2947%
96.65% of the entire move was after the Halving.
Cycle 2 (2016 Halving):
Entire Cycle move: 2503%
Pre Halving: +213%
Post halving +703%
91.5% of the entire move was after the Halving
Cycle 3 (2020 Halving): Still going...
Hypothesis: 86% of the entire move was after the Halving.
Entire Cycle move: 1671.43%% based on my maths
Pre Halving: +234% so far
Post halving +92% so far
If the hypothesis is true then 905k is the projected price.
3. Upcoming 2024 Halving Predictions
Projected move: 270K USD peak if historical patterns persist and the Hypothesis holds.
Bear Market (2027–2028):
Based on prior cycles, corrections could range from -70% to -80%, leading to a consolidation
Trade safe
Tarder Leo
Market pullback at the change of the monthToday, on the threshold of changing the monthly candle, I want to once again consider the market position and prospects for the coming week. This week, the price has worked once again according to the forecast for a local overshoot and a test of 3750. Further, according to the planned plan, by the change of the month, the probability of consolidation prevails in the area of the key level of 3500, which determines the direction by 5000 or 2500 in case of consolidation under it. I think the new month will open above 3,500 due to the positive opening of the half-year, quarter and second half of the quarter, which give signals to maintain purchases. Today, there is a probability of a breakdown of 3750 with an attempt to close the month higher, but with a lower probability, because this week an attempt to retest 3000-3100 was bought off and this target remains for the new month, which puts pressure on the market.
Bears are quite likely to take advantage of the current pullback to 3500 to work out the goals on the 3100 retest. In this regard, at the beginning of the week, the market may stall even when the month opens above 3500, against which a shadow will be drawn for a new monthly candle on both tops and altcoins. For coins that have shown a large increase this month, this momentum may turn into stable sales and a rollback on an annual schedule until the beginning of the new year. It is worth being on the alert when working with overbought coins. Coins that have not shown significant growth this month are likely to give a slight pullback and quickly return to continued growth.
After the shadow on the new monthly candle, I expect a recovery in buyer activity from the middle of the week and a transition to a continuation of the bullish trend and a reversal of the weekly and monthly candles into bullish ones by the end of the week. Purchases are likely to continue until mid-December against the background of last month's trend. During this period, the bulls should be able to break through 3750.
Against the background of the current pullback, I reduced positions on ast and akro because they have an incomplete issue and are more sensitive to market drawdowns against this background. There is also no obvious breakdown on the move, which indicates the fears of buyers in connection with the upcoming pullback. I keep Vib in full volume due to the absence of pitfalls in the form of emissions. It protects the probability of a 0.1 jump with an attempt to close the month higher. According to vite, there is also a fairly large position in the work, due to the full issue and high oversold value of a similar vib.
ETHEREUM → A coin is being prepared To The Moon ↑BINANCE:ETHUSDT is lagging behind the general market growth in the cryptocurrency world. The price is still squeezed between consolidation boundaries, but there are already positive signs. Bitcoin is close to 100K and altcoins are opening the season.
Ethereum is lagging behind in the race, this is clearly visible on D1-W1. It's not that the price can't reach ATH, the coin hasn't yet updated the 2024 high. Before the start of the altcoin season, the community was skeptical about the fundamental project due to the behavior of the development team, but the victory of trump, the change of the political team to a pro-cryptocurrency one could be the strongest driver for ETH in recent times.
After local distribution, the price is testing the triangle resistance, forming another accumulation. A retest of the upper boundary indicates the formation of a trigger, the breakout of which will activate the rally.
Resistance levels: 3442, 3568
Support levels: 3028, 2820
Technically, the coin shows us another trading range, the role of which is consolidation.
If the resistance cannot be broken from the third time, a correction before further growth is possible.
BUT! We need to be careful, as any BTC correction can trigger a bearish rally in the altcoin market. Bitcoin has almost reached 100K and for many this is a red zone for profit taking.
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHUSD ;)
Regards R. Linda!
Ethereum has a strong bullish momentum, could it rise higher?The price is falling towards the pivot and could bounce to the 1st resistance which is a swing high resistance.
Pivot: 3,726.90
1st Support: 3,544.38
1st Resistance: 3,974.79
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BTC weekly data is shifting. MASSIVE UPSIDE is waiting now! BUY!BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k.
Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond.
From our weekly chart diagram above, you can observe that the black bear cells has faded and the white dot (longs) has literally escaped the shorts prison cell (black cell). This signal has never missed since the 15k BTC season. The batting average of this one playing out again is very very high.
This week is the best time to SEED. Get them all planted now. BTC is already up by 10% after that quick bounce from the strong major order support at 57k area. Signs of what's coming next after this week.
Spotted at 60k area.
TAYOR.
Example of how to trade in an altcoin bull market
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(ETHUSDT 1D chart)
The volatility period of ETH is expected to continue until December 5th.
The point to watch is whether the price can be maintained above 3707.61 and the ATH can be renewed.
As the price rises, I think the important support and resistance area is the 3265.0-3321.30 area.
Therefore, if the price is maintained above this important support and resistance area, I think it is likely to continue the uptrend.
However, if it falls below the BW (100) and HA-High indicators, there is a possibility that a downtrend will begin, so you should think about a countermeasure for this.
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I think it is better to refrain from trading with a sell (SHORT) position in an altcoin rising market and trade mainly with a buy (LONG) position.
The reason is that there are many more cases where it pretends to fall and then rises.
Therefore, it is better to find a time to buy when the candle on the 1D chart is a falling candle and it shows support near the support and resistance points drawn on the 1M, 1W, and 1D charts.
However, coins (tokens) that have updated their ATH do not have support and resistance points, so it is impossible to confirm whether they are supported.
In this case, it is recommended to buy when the candlestick on the 1D chart is a bearish candlestick, when the StochRSI indicator on the 1h chart rises below the 50 point, or when it shows support from indicators such as BW(0), HA-Low, BW(100), and HA-High.
The fact that BW(0) and HA-Low indicators are created means that a low point range has been formed, so if support is confirmed near the range made up of these indicators, it can be considered a buying period.
-
The fact that BW(100) and HA-High indicators are created means that a high point range has been formed, so if it fails to break through the range made up of these indicators, it is a time for a split sale.
However, when an altcoin bull market is in progress, it is recommended to lower the proportion of split sales or wait.
-
The question of which altcoin will rise is a meaningless question given the current flow of the coin market.
In an altcoin bull market, it is better to ignore most auxiliary indicators or the increase in price and trade.
If you pay attention to auxiliary indicators or the increase in price, you will miss the time to buy and buy after the price rises, which increases the possibility of failure in trading.
Therefore, as I mentioned earlier, when the candle on the 1D chart is a downward candle, you need to think about how to proceed with the purchase and focus on finding the right time to buy.
However, since it can fall again, it is better to adjust the weight with the intention of buying in installments from the beginning.
In addition, you need to set a stop loss point to reduce damage caused by a sudden drop.
This is because if it suddenly fails to turn into an upward trend and falls, you can suffer great damage.
Therefore, when buying, consider whether to buy in installments or cut your loss and find a new time to buy, and then proceed with the purchase to reduce the psychological burden.
-
Have a good time.
Thank you.
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- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.
Accordingly, the upward trend is expected to continue until 2025.
-
(LOG chart)
Looking at the LOG chart, you can see that the upward trend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, I expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
That is, the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
It is up to you how to view and respond to it.
Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.
The reason is that the user must directly select the important selection points required to create the Fibonacci.
Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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Ethereum | Extremely Bullish but Rushing is not The WayIf the green box comes, I will skip it directly, but I don't think it will give such a good entry.
We'll be lucky even if the Reds get a retest.
Trades can be made with breakouts in low time intervals around $3800.
If the price enters a range, I will try to give you the correct places as in the previous analysis.
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ETHEREUM Strong Resistance Ahead! Sell!
Hello,Traders!
ETHEREUM keeps growing
In a strong uptrend and the
Coin is locally overbought so
After it hits a horizontal
Resistance level of 3975$
We will be expecting a
Local bearish correction
Sell!
Comment and subscribe to help us grow!
Check out other forecasts below too!
ETHBTC - 0.618 Strong Recovery PointThis 0.618 fib is a good spot for a recovery for ETHBTC out of this long bear market
ETH to me right now is extremely undervalued in comparison to BTC and I think the recovery and disparity will change at this Fib line. Letting ETH move ahead of BTC, which is also a strong sign of an altcoin season.
Bearish until .618.
ETH's volatility period is expected to last until December 5th
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-------------------------------------
(ETHUSDT 1D chart)
Unlike the BTC chart, the HA-High indicator is showing signs of rising and being created.
Accordingly, when the HA-High indicator is created at the 3602.01 point, the key is whether there is support near that point.
-
BTC's volatility period is expected to last until December 4th.
However, since ETH's volatility period is expected to last until December 5th, we need to check whether it can be supported near 3644.71.
Currently, the StochRSI indicator has fallen from the overbought zone and has switched to a state where StochRSI < StochRSI EMA, so whether there is support is expected to be an important point of observation.
When the initialization of this StochRSI indicator is completed and it switches to an upward trend, if the price is maintained above 3644.71, it is expected to show an increase to renew the ATH.
Since the BW(100) indicator on the 1D chart was created at the 3707.61 point due to this decline, the possibility of an upward trend starting has increased if it rises above 3707.61.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
I used TradingView's INDEX chart to check the entire range of BTC.
(BTCUSD 12M chart)
Looking at the big picture, it seems that it has been maintaining an upward trend following a pattern since 2015.
That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend.
Accordingly, the uptrend is expected to continue until 2025.
-
(LOG chart)
As you can see from the LOG chart, the uptrend is decreasing.
Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.
Therefore, we expect that we will not see prices below 44K-48K in the future.
-
The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.
In other words, it is the Fibonacci ratio of the first wave of the uptrend.
The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.
Therefore, this Fibonacci ratio is expected to be used until 2026.
-
No matter what anyone says, the chart has already been created and is already moving.
How to view and respond to this is up to you.
When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately.
However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance.
This is because the user must directly select the important selection points required to create Fibonacci.
Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies.
1st : 44234.54
2nd : 61383.23
3rd : 89126.41
101875.70-106275.10 (Overshooting)
4th : 134018.28
151166.97-157451.83 (Overshooting)
5th : 178910.15
-----------------
Nov.26-Dec.02(ETH)Weekly market recapSince last week, the market has entered its favorable seasonal period, typically characterized by heightened optimism due to holidays such as Thanksgiving and Christmas. The nomination of Bessen as Treasury Secretary, who advocates for deregulation, a reduction in national debt issuance and deficits, and support for cryptocurrencies, has further bolstered market sentiment.
However, the inflation risks stemming from Trump's high tariff policies remain the primary concern for the market, as they diminish the likelihood of the Federal Reserve continuing to cut interest rates over the next 25 years. The PCE released on November 27 reached 2.8%, showing no signs of slowing down for six months, which has heightened concerns about re-inflation. Consequently, this week's non-farm payroll numbers and unemployment rate will be closely monitored; if the non-farm data significantly exceeds 200,000, it could intensify market fears regarding a pause in interest rate cuts.
Recently, the U.S. government plans to sell $2 billion worth of BTC, which may exert some selling pressure on the market. Additionally, data indicates that BTC's market share has declined from 60% a month ago to below 57%, approaching a multi-year support line, while ETH's market share has similarly dropped to 12.9%.
These macroeconomic and external factors will undoubtedly impact the cryptocurrency market.
After rising to around $3,700 last week, ETH has been experiencing some volatility. The WTA indicator shows a disappearance of the blue bars representing whales, indicating a gradual reduction in large capital inflows. Meanwhile, the purple wave area on the ME indicator is widening, suggesting a strengthening of bullish sentiment.
In summary, we believe that ETH may continue to fluctuate this week, and it is essential to be mindful of the risks associated with price volatility. We have adjusted the resistance level to 3,800 and the support level to 3,200.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Ski Mask Dog (SKI): The Next Big Meme Coin on Base?In the rapidly evolving world of cryptocurrencies, a new contender is making waves on the Base network: Ski Mask Dog ( MUN:SKI ). This meme token not only embodies the playful spirit of many successful digital currencies but also carries with it a significant message about privacy, anonymity, and freedom of expression in the digital age.
Fundamentals
The Spirit of Ski Mask Dog
At its core, Ski Mask Dog represents more than just another meme coin. It stands for freedom of expression, especially in environments where anonymity is crucial. In an era where digital footprints are closely monitored, MUN:SKI advocates for the right to express oneself without fear of judgment or repercussions. This ethos could resonate well with a community that values privacy, making MUN:SKI not just a financial asset but a symbol of online freedom.
Token Utility and Accessibility
MUN:SKI tokens are actively traded on platforms like Aerodrome SlipStream, Uniswap V3 (Base), and BVOX, indicating a healthy liquidity environment. Despite not being listed on major exchanges like Binance or MEXC, the token's presence on decentralized exchanges underscores its community-driven nature, which is often a hallmark of meme coins with strong grassroots support.
Market Performance: With a market cap of $105,235,113 and a 24-hour trading volume of $3,911,570, Ski Mask Dog has shown robust growth, recently increasing by 185.40% over the past week. This performance outstrips both the broader crypto market and similar meme tokens, suggesting a growing investor interest.
Technical Analysis:
MUN:SKI has experienced a 14% drop in the last 24 hours, which might worry some investors. However, its current trading pattern suggests it's in a consolidation phase, which could precede a significant move. The Relative Strength Index (RSI) at 65 indicates that while the asset is approaching overbought territory, there's still room for potential upward movement before it becomes overstretched.
The Moving Average Convergence Divergence (MACD) is showing signs of strength, potentially signaling an upcoming trend reversal.
Market Sentiment and Future Prospects:
The daily price chart of MUN:SKI depicts a falling wedge, which is often considered a bullish reversal pattern. This could provide an entry point for buyers, especially around the 38.2% Fibonacci retracement level, where value investors might see an opportunity due to SKI's recent milestone of surpassing a $100 million market cap.
Risk Factors
The broader crypto market's health, influenced by external factors like macroeconomic policies or significant Bitcoin movements, could impact SKI. If Bitcoin undergoes extreme corrections, SKI might face further selling pressure, potentially retracing to lower Fibonacci levels or even testing its one-month low.
Potential Growth:
Despite these risks, the lack of mainstream recognition for Base network tokens, including MUN:SKI , suggests an untapped market. If Ski Mask Dog gains listings on major exchanges or if the Base network itself gains more traction, MUN:SKI could see a significant valuation increase.
Conclusion:
Ski Mask Dog (SKI) stands at a pivotal moment. Its fundamentals are tied to a transformative narrative of digital freedom, while technically, it shows signs of potential recovery and growth. For investors and traders looking for the next big thing in meme coins, SKI offers a unique blend of cultural significance and promising market dynamics. As with all high-volatility assets, due diligence, risk management, and an eye on broader market trends are essential.
However, for those willing to dive into the less charted territories of crypto, Ski Mask Dog might just be the gem they're looking to add to their portfolio. Remember, in the world of meme coins, it's often the community's belief and the coin's meme-ability that can drive value as much as any technical indicator.
Bullish momentum to extend?Ethereum (ETH/USD) is falling towards the pivot which aligns with the 38.2% Fibonacci retracement and could bounce to the pullback resistance.
Pivot: 3,487.10
1st Support: 3,278.38
1st Resistance: 3,757.61
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.