Ethereum-bitcoin
Strong Monthly Altseason Argument ETHBTCThe Gaussian Channel shows a bullish trend on this Monthly timeframe with a strong bounce off the middle line of the channel.
This as a point of reversal allows ETHUSD and other altcoins to out perform BTC on a Monthly scale.
I think BTC will Top very early compared to that of Ethereum and other altcoins.
Massive Drawdown or Rally vs Bitcoin AheadEthereum is about to lose most of its value vs. Bitcoin, or gain near equal footing with it instead.
What are the scenarios, and why?
Bear Scenario:
Lost a 7.2 year uptrend - failed to reclaim on re-test, failed to touch bottom of trend on re-test.
50/200 week MAs Death Cross
Remain below on any further possible re-tests, expect ETH to lose >90% its value vs BTC
Bull Scenario:
Fake Breakdown - 7.2 year uptrend is reclaimed upon testing the 200 week MA following the death cross.
This leads to a breakout at the other end of the wedge.
A fake breakdown leading to a breakout at the top of the wedge would target ETH becoming near equal in value to 1 BTC
💎 ETHEREUM (ETH) - Investment Opportunity (READ THE CAPTION)Upon analyzing the #Ethereum chart on a weekly (logarithmic) timeframe, it is observed that the price had grown by 169% from October 20, 2023, to March 11, 2024, reaching $4090, before finally experiencing a drop and correcting down to the $3000 range. After a correction, it is likely that we will see Ethereum grow back to its previous high of $4850. The long-term targets for Ethereum, in order, are $5000, $5500, $6600, and $8500.
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Pepe's Bullish Scenario. This run is not over yet. #PEPEThis run is not over yet. Pepe has been consolidating for some time in what is looking like a massive bull flag. The upside from, if this LTF IHS as well as the HTF flag plays out, is very very large. I am VERY BULLISH PEPE. THIS IS NOT FINANCIAL ADVICE.
Ethereum will drop as liqudity goes to BitcoinAs are currently seeing price of ethereum dropping as bitcoin sucks liquidity from all altcoin and driving the bitcoin dominance higher as a result we have seen in previous cycle that once we see a breakdown of the ETH/BTC pair most altcoin will bleed heavily. so I expect on a probability view that price will retrace lower during the next few month before the first interest rate cut!!
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💎 LITECOIN (LTC) - More Bullish ? What's the Targets ? (READ)By checking the chart of #Litecoin in the weekly time frame, we see that based on the previous analysis, the price has started to grow and we are witnessing a 9% return so far! I still expect more growth from this crypto! ! The targets of this cryptocurrency are $92.5, $115, $200 and $268 respectively!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
BTCUSDT | 4H | TECHNICAL CHART Hello traders, If buying doesn't come in at the 65,000 level for Bitcoin, it will drop down to the 62,000 level.
I have determined the formation target on the chart. I wish everyone success.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
ETH - Huge Oi rise. Big move is comingETH - Huge Oi rise. Big move is coming
Open interest increased by more than 100k contracts on Binance only. Ofthen that's a signal that big move is coming.
in a video i shared with you 2 examples on BTC and ETH how price moved 20% from it.
I highly recommned you to watch vidoe to see my plan and make money on it.
ETHEREUM Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand
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1-23-2024
Strong downtrend with RED TrapZone established for days now and RED UMVD continues still. Bunch of Trapped Buyers Spotted!
💎 CHZ/USDT - What's the nexts Target of CHILIZ ? (READ CAPTION)By checking Chiliz chart in the weekly time frame (logarithmic), we can see that the price is trading in the range of 16 cents, and by maintaining the support of the range of 10 to 13 cents, we can see further price growth to higher targets such as $0.18, $0.225, $0.315. $, $0.40 and $0.50 in the medium term and $1 in the long term!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
XAI - Promising Layer 3 BlockchainXAI – this Layer 3 blockchain is a hidden gem waiting to shine. We're riding the waves of a bull run, and XAI's set to skyrocket. Picture this: XAI's not just another blockchain player; it's a game-changer, operating on a level beyond the standard Layer 1 and 2s.
Here's why XAI's the one to watch: Layer 3 brings innovation and flexibility that Layer 1 and 2 can't match. It's like having a secret weapon in the world of blockchain technology. This added layer means more efficiency, better scalability and enhanced functionality. It's the evolution of blockchain, right before our eyes.
Now, with the market heating up, XAI is perfectly positioned to take advantage of the bull run. It's like a coiled spring, ready to launch. We're not just talking small gains; we're talking about a potential moonshot. The kind of growth that turns heads and fills wallets.
So, here's the play: get in on XAI before the crowd catches on. This isn't just a buy; it's a strategic move. We're in for a wild ride and XAI is our ticket to the top.
Remember, timing is everything. Jump in now and we ride the bull market wave to its peak. Miss out and you're left wishing you had a piece of the action. XAI is more than a promising blockchain; it's our opportunity to lead the charge in this bull run. Let's make this move.
ETHUSD - Road to success__________________________________________________________________________________________________________________________________________________________________
Hello, my dear traders investors and community, as the whole stock market as well as the crypto market is panicking because of volatility that hasn't been seen since years it is important to look on the opportunities such volatility can bring us and don't get over panicky.
This analysis is for the middle to long-term showing the possible opportunities ethereum can provide to us. On the daily view, I detected some interesting signs which are worth to look at!
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Ethereum provided us a big wide range in which it is trading all over 2019 till now, you can see the range market with the dashed red trend-lines on the bottom and top of the range and also with the turquoise double-arrow seen in my chart.
The bottom of the range is very important as it holds the whole structure intact. When this bottom gets crossed bearishly down I don't see much of a continuation of the up-trend! But as for now, it seems like the price is stabilizing above the bottom of the range.
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The last days we saw a huge volatile break-down because of the corona fears, it must be said that this was a panic reaction of the markets! There is a possibility to see a stabilization in price.
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RSI: The RSI touched a first time the level of 22.5 before providing us a healthy up-trend. Now we see exactly the same valley in the RSI as you can see marked with the green and orange circles in my chart!
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Bear-Trap: Ethereum fell down and made the low at 88.20 USD which provided an immediate pull-back to the break-down level at 135. This could be the beginning of a new trend otherwise it can fall still more and continue
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61.8 % Retracement: The 61.8 % Retracement in this structure is very very very important! Because it is also marking the last point before the huge bear-move down happened! It is the last neutral point in this structure. When a decent uptrend develops I see the
next resistance at this level as you can see marked in my chart!
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Otherwise, there is still a possibility tofall to lower levels, I won't underline the bullish scenario 100% for sure, but for now, they're coming to some bullish signs which shouldn't be ignored.
Also, it is important in such volatile times to wait for a confirmation of the developing trend. Wise traders always wait for confirmation in the markets.
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Thanks for watching! Feel free to leave a like and follow for more market insights! All the best!
Information provided is only educational and should not be used to take action in the markets.
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ETH & BTC - OMG WHAT IS HAPPENING?! (CROSS ANALYSIS)Don't panic, this was expected. It's not the end of crypto, it's just a healthy correction that we need once and a while to justify a rally in the future. Price cannot always go up even though we wish it was that easy.
What is on the charts? (3 steps)
1) The consolidation that had us wonder what was going to happen. (Again we forget that there is also option trading amongst other things with Bitcoin and time plays a big role. In fact, time is so important that if you can control when price will drop just by being a big player, you can put everyone out of the money right at contract expiry. One of the many ways whales will f*** you. How do I know? I don't. But if I had the ability to move markets I'd do just that.)
2) Bearish structure that could have been a short entry but obviously I prefer a double confirmation. Double confirmations just put probabilities on our side. When money is on the table, you either gamble or play the probabilities game. That's what we're doing here: trading not gambling.
3) Sellside liquidity taken out. This is our signal. If not now then when? Again this isn't me telling you to short. Who am I? No one, do your own research.
So what now?
We want a retracement in the reload zone and the 0.702 + FVG is THE place to be. If it goes higher then I'd cancel the idea for now. Again the DAILY ANALYSIS supports the short and that's what matters.
As always, happy trading and stop gambling you ape. ;)
MATICMATIC is currently trading in downtrend.
We can see it at the price of 1 or even at 1.5 dollar.
For that it needs to break the trendline & also the resistance level of 0.8870 dollar.
Similarities to Wyckoff AccumHere's that image again as I am seeing it, it usually gets messed up when publishing a chart so I've saved it here:
Though this is not coming out of a downward move, the pattern looks incredibly similar to Wyckoff Accum Schema # 1, and just coming out of the Spring, moving towards LPS and then SOS.
We could see a strong move up for ETH here. I have shown some bearish outlooks in the past, this is a bullish one. Bitcoin Dominance is also looking bearish atm, while Other.d is looking bullish. Eth.d is a bit neutral however.
Lil more data on BTC and ETHAdding more to previous post
Did not notice the CRYPTOCAP:BTC DAILY $ FLOW - Kinda gross, really fell off.
#BTC RSI has been weakening for a bit, we've mentioned this few times.
#bitcoin is once gain testing the Green Mov Avg.
CRYPTOCAP:ETH RSI & $ FLOW, like BTC, is weakening.
Volume has been trending lower.
#ETH is still on an uptrend but it is facing pressure.
Weekly, #ethereum is still okay but consolidation is very likely.
#crypto
Please see profile for more data. More info there.
When Head Shoulders is done then Bullish | Long BiasOn 1h TF
OP closed below 2.227 that confirm to Head Shoulders Pattern with target around 1.93
But OP is supported by Ascending Trend Line so we have a good zone to buy around 2.1 first then 1.93 if OP still down more.
Wait for rejection and signal for Bullish come back
Here's What Needs to Happen Before I Grow Interested in AltcoinsTraders,
We've done great with 22 winning trades in a row, exiting just before this little pull back. I wanted to bring you a quick update to show you what I am waiting on before I grow interested in re-entries into my altcoins of choice again.
Stewdamus