BTC Defends Fair ValueHovering at 38k, the BTC fairvalue continues to defend off price. Still got 50 days left in the cycle, if we assume it'll be about the same length as the previous longer bear market.
Ethereum-bitcoin
Institutions in CryptoHi!
During every market selloff when fear is great there are also good opportunities to those who are not controlled by fear.
Wanted to point out one of them. This could be one of the most exiting projects in Crypto this year.
Side-note: I am holding their tokens since public sale and I'm bullish on that project. This chart shows pretty well
how I like to operate in Crypto markets and you can read about it from my previous post:
Recent market selloff has brought QRDO price down and to me it is in buy zone (I have long-term view).
Basically they are providing the most secure custody for digital assets and they are mainly targeting institutions. But regular people
can use their solutions as well. I'm using their wallet to store QRDO tokens and everything works like clockwork. In addition to that,
simply just holding your QRDO in their wallet will earn you staking rewards 10.1% APY.
I have been with this project since their public sale (July 2021) and I'm very happy how this project is developing. Few months ago
they had 10k Twitter followers - currently it has grown into 47k (social engagement is good).
They have made partnerships with some of the biggest names in Crypto: Coinbase, Figment, Metamask Institutional and Ledger Prime. They even have exposure on
country level as they are providing infrastructure for El Salvador to power Bitcoin banking solutions.
Quote from Bloomberg (06.01.2022): "Security concerns - not volatility and regulations - are holding investors back from Crypto." But institutions
are coming, it is inevitable. And QREDO is ready - in terms of timing and product market fit.
Currently they have quite low market cap, approximately $168 million. As I see their valuation in billions then still lot of upside potential
remaining.
As always, DYOR (do your own research), I'm just pointing out that trading/investing idea.
Thank you and enjoy your trading :)
ETHBTC Horizontal Support & Resistance LevelsWatch for price action signals at these horizontal levels.
$VRA, Daily ChartThis is my short term plan, we finished wave A of wave 4 and now we are going to draw wave B, it will take a few weeks and then move to the target to complete wave 4.
ETH BULLISHETH is looking Bullish on the Daily timeframe as price is starting to Near a Strong Support zone . Which I believe the support Zone should Hold and pump the price UP . As usual NFA.
Ethereum Daily TA : 01.09.22 : $ETH As you can see in Daily chart of #ETHEREUM , we see that yesterday the price broke its first support range and today is stabilizing below this level, the next bearish target (important support) is in the range of $ 2700 to $ 2900.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 09.Jan.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Ethereum crashes with other major cryptosEther prices fell to their lowest in more than three months on Thursday, plunging below $3,200. The recent crypto crash has affected many other major cryptos including Bitcoin, Solana, Cardano, XRP, and Dogecoin. Ether also fell against Bitcoin, dropping to 0.076639 on Friday.
Why are cryptos suddenly crashing? In an effort to deal with rising inflation, the Federal Reserve’s minutes revealed on Wednesday that a tighter monetary policy is on the cards in 2022. Expectations for decreased monetary policy support and higher interest rates instantly hit global risk assets, such as stocks and currencies.
Will Ether plunge to $3000 or even lower in the coming months? 2021 was a great year for Ethereum, which hit record highs. Moreover, let’s not forget that the major metaverse tokens like SAND and MANA all run on the Ethereum blockchain. This is a good sign for the second-largest cryptocurrency. However, the Federal Reserve’s intention to normalise interest rates could potentially challenge cryptocurrency prices even more in the near future.
Near is bullish despite the correction of teh market Near bounced off the support level and also the lower boundary of an ascending channel. Bullich movement inside the channel is expected to continue and reach the top boundary at 19 $
ETH/BTC to break downtrend?As we can see, eth/btc broke the (yellow) downtrend and is currently retesting it.
Dip Buyers Beware Are you a crypto holder?
I have a feeling the start of the year will be painful for you.
Long term, btcusd will continue to go up.. I have no doubt about it..
However, I expect us to take the low of that huge wick.
Dip buyers beware
$ETH 3D Chart is Printing MASSIVE C&HCryptocurrency is on the verge of MASS global adoption with large amounts of money pouring into the ecosystem as a whole. The Ethereum 3D chart is a technical masterpiece with a clear cup and handle printing.
Below average volume at the base of the cup (circled in orange) with declining volume on the downward consolidation at the formation of the handle checks all the boxes needed for me to be bullish here. Measuring out the depth of the cup, we should expect close to +138% upside from current price.
For an additional twist to this chart I overlaid a fractal that I have been tracking that plays perfectly to the measurement of this C&H.
My price target is $9500
-PennyBags
HEX is losing steamHEX shows double bearish divergence on 4hr and daily,and on smaller time frames triple bearish divergence (price with higher highs ,RSI & DMI lower highs)
DMI 2h ,bear line is already above bull line with ADX completley reseted for a (bear) run
1hr ,2hr 21 EMA already sloping down : its not the sign of fit & health
RSI on 2,3,4h already under 50 ,bears are in full control
1.As long as price stays above 0.275-0.28c ,no worries ,there`s a decent chance price will go to at least 0.35-0.36c
2.Once price starts to close under 0.265c target is .23c
3.If price goes under 0.18c ,then we should meet our final target : 0.085c (-60%)
Remember ,price action reflects supply & demand ratio in the end of the day (and thank God in hex theres plenty of supply lol) and TA helps take EDUCATED GUESSES,nothing more.
aave AAVE is one of the best projects for #2022 .
bullish if cross 200 SMA in daily.
it's bullish in both pairs of USDT and BTC IMO.
BINANCE:AAVEUSDT
BTC Riding the RainbowIn HODL-zone now, marching into up to bubble territory. Or down to fairvalue.
If you have cash, this could be seen as bullish.
Get it while it's cheap? Or will we be hitting 43k still?
BTC ROI since ATH - Forbidden chartsIt's no fun to take note of the momentum and direction of price movement since the previous ATH. Down. It's the only way if not up. Unfortunately.
If it holds, we have a long bear market ahead yet still. Let's hope my previous predictions hold true. Long. We're gonna have a great 2022. Just can't get liquidated. :)
I set buy-limits, moving into more cash in periods of frenzy. Looking to sell when the market moves to higher volumes for liquidity.
Eth drop to 3230The break down from a 6 month channel is very likely to play some more downside for ethereum.
there is confluence with the volume profile point of control at 3236, 200 daily MA and measured move from a bear flag.
if that support fails, then 2800 will be the next major level of support.
Either levels are candidates for points of reversal to the upside.
ETH/BTCETH significantly outperformed BTC in 2021. Many smart folks suspect ETH will continue to gain on BTC
ETH was at its highest relative to BTC in Jun 2017
I drew Fibonacci levels from the high to low and currently ETH is hovering around the 0.5 level
Ethereum at its last supportLike I've been warning for weeks in a row, is now unfolding. Bitcoin and Ethereum are dropping hard and both are at their last local support. We are 2 days away from the options expiration on dec 31st and market makers are preparing for it. Ethereum is especially in danger as its max pain price is at 3200. Luckily bouncing back from 2500 where it was last week. We have a small expiration tomorrow with max pain at 3800, could they take to 3200 on dec 31st? Well, why not?
And even then, we still have a technical target at the 2800 zone where a lot of liquidity is waiting. We will have to see how the first 2 quarters of 2022 will play out because we are nowhere near a long term bottom on both Bitcoin or alts. Take off the green glasses backed by your inflation story. Market makers made tons of money in the last years, last thing they need to worry about is inflation. Supply is dry on exchanges and inflows are increasing especially on the CME, where big sell offs are currently unfolding on both ETH and BTC. Institutions dont have a moonboy mentality and taking massive risks, especially with a green stock market on the other side to their disposal.
Trade wisely and manage your risks - you're too late to go short and too early to go long - where are right in the middle of a chop zone - don't get caught out.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
Long Scalp BTC ETHHey 4 hour looking ok for a scalp it's not the best setup because daily and monthly charts are wanting to go down don't hold this too long I will update. Looks good for a scalp though.
$ETH bullish JET FUEL above $4150checking the 4hr ETH has been consolidating forming a flag bots could get switched to buy above the EMA's
first PT $4300
needs to get above 4150 to be bullish
Moving AVerages setting up for golden cross on the 4hr
BITCOIN CASH LONGS 💰💰💰Expect bullish price action on this coin as price is rejecting with a huge bullish momentum from 400$, we have a lot of liquidity that has been taken out on ,,support area,, where a lot of margin stops where sitting in my opinion.
We are going for the BUY SIDE LIQUIDITY above 600$
What do you think ? Comment below..
ETHEREUM (Daily) : Bull or Bear ? $ETHThe price is in a significant support range, which is currently trading in the $ 3800 range. If this important support is lost, the price target will be in the range of $ 3100 to $ 3300, and if this support is not lost, the next important targets will be $ 4700.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 20.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
