ETH/USD "ETHEREUM" Crypto Market Heist Plan on Bullish SideHi there! Dear Money Makers & Robbers, 🤑 💰
Based on Thief Trading style technical analysis, here is our master plan to heist the ETH/USD "ETHEREUM" Cryptocurrency market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. So Be Careful, wealthy and safe trade.
Entry 📈: Acceptable anywhere; I advise placing buy limit orders within a 15-minute Chart. The entry for the Recent/Nearest Low Point should be in pullback.
Stop Loss 🛑: Using the 4H period, the recent swing low
Goal 🎯: 4600.0
Scalpers, take note: only scalp on the long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.
I'll see you soon with another heist plan, so stay tuned 🫂
Ethereumbtc
#Ethereum - thoughts out loud #11Good evening, we are from Ukraine!
Why was it necessary to place a limit buy order at this particular moment and what were the goals for profit-taking?
I'll start with the first one, because we are at the bottom of the trading range after manipulating (on volumes) with a false breakout of the lows and a quick resumption of purchases on the buy bars with an extended spread. That is, the technical reason is more in favor of the longs.
The second part of the question. The first target is the local high of 2160. Moreover, if the situation develops positively, the position can be held up to 2200, accompanying the instrument.
Thank you all for your attention, I wish you success.
Sometimes you win /sometimes you learn .
ETHBTC Altcoin indicator recovery due for alts? ETHBTC is used against Bitcoin, meaning, when Bitcoin is bullish ETHBTC will be bearish and when ETHBTC looks bullish Bitcoin will be looking weak.
Ever since 2016-2017 crypto investors have been using this tool as an early indicator to get in alts and to find "alt seasons".
You can also use this as an indicator along with Bitcoin to find when alts are going to be bloody all along. Whenever this indicator is looking bearish you know alts are going to be bearish together.
If you did not this before, let me narrow down the importance of using ETHBTC as an indicator to find ALT pumps or ALT szns:
-Ethereum Dominance: Ethereum is the second-largest cryptocurrency by market capitalization after Bitcoin. It has a significant influence on the overall cryptocurrency market, and many altcoins are built on the Ethereum blockchain. As such, ETHBTC can be a good indicator of the health and performance of altcoins.
-Historical Performance: The historical performance of ETHBTC during previous altcoin seasons has shown a correlation between the price of ETH and the price of altcoins. When ETHBTC is rising, it may indicate that altcoins are also likely to rise in price.
-Trading Pair: ETHBTC is a commonly used trading pair on many cryptocurrency exchanges, which makes it easy to track and trade. Investors can use ETHBTC to monitor the performance of altcoins and make trading decisions accordingly.
-Technical Analysis: Technical analysis can be used to identify trends and patterns in the price movements of cryptocurrencies. By analyzing the charts of ETHBTC, investors can identify potential buying or selling opportunities for altcoins during alt seasons.
-Diversification: Investing in altcoins can provide diversification in a cryptocurrency portfolio. By using ETHBTC as an indicator, investors can identify potential opportunities to diversify their portfolio and potentially increase their returns.
-Market Sentiment: The market sentiment towards Ethereum and Bitcoin can impact the performance of altcoins. If investors are bullish on Ethereum, it may indicate a positive sentiment towards altcoins as well.
ETHBTC - After Rejecting the Downside, We've got an Upside!ETH and BTC have quite closely correlated over recent times, with the price somewhat consolidating in this ever-tightening wedge formation. This wedge is coming to a close soon, but there's still time to profit from a few more swings!
We've received a Buy signal from CTv2 shortly after the price tested and was rejected by the lower trend line, this should indicate a move to the upper trend line - total profits of well over 5%, not bad for a few days!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Eth/Btc Weekly Timeframe AnalysisAfter a long period of time, Eth/Btc finally tested highs of May 10 2021, back in December 2021, and met with a seller pressure, which led the price to the closest demand area and now it's still in a sideways trend, which makes it unclear for Ethereum, whether if it's bullish or not. In order to talk about a bull trend. The price should close above the red box and buyers need to defend this area. Otherwise, if the area marked as "low taken" gets lost, the closest demand zone is the blue box(area).
Below the blue box, there is a huge liq. void(multiple imbalances), so losing this level will be resulted in the strong bearish environment for Ethereum against Btc.
Ethereum Looking for a rebound against BTC!Ethereum has been following my second path pretty closely we got rejected off resistance at 0.073 and we have trailed down to support at 0.071 and we are looking for a very important bounce here coming up on our daily close. Looking at the bollinger bands we notice one thing that is not very ideal but isn't super crucial, we have fallen below the midline which is support but we are looking like we will close below here for our DC, this will flip the midline to resistance and could give us a bit of trouble when we try and rebound upwards. However it definitely isn't crucial because with some decent momentum we should be able to blast right through here once again and flip it back to support. Now the RSI, a big part of the reason i think we are looking at a rebound here or coming up shortly is because the heavy supports we have on the RSI, we have our first coming from months back which we are currently bouncing off of and then a hair below that we have decent uptrend support coming from a month or so back. Next up for supports is the midline on the RSI, this is by far the most crucial level that we must hold, if we do we will remain in a confirmed uptrend which obviously is great, but if we do fail to hold this level, fall below, and struggle to regain it we could be looking at a short term downtrend, above the midline once confirmed is a clear uptrend and then below once confirmed is a clear downtrend, could be short or longer term either way. Now lets look at the declining squeeze momentum indicator, we are coming up close on the midline where most people would think we would be soon entering a red bearish squeeze but due to all this support we have especially on the RSI i think there is a good chance that we see a fakeout and continuation of a green bullish squeeze here, just before this current green cycle we had an extended red cycle that had 2 waves of bearish squeeze. so it is definitely a possibility we see something similar here with our current cycle, i have a rough path drawn out showing what we could potentially be in for and its not out of the question. At some point soon we gotta see an increased green bar showing signs of a reversal, and from there we need to see daily increases in our bar size and then we will be in another confirmed bullish squeeze, the squeeze portion is shown by the black crosses on the midline and the squeeze release which is the very explosive part of this is shown by the black crosses turning white, majority of the time when we see the release we get an explosive to the upside in this case! Not financial advice just my opinion!
Ethereum Classic = Zero Rolls Royce - 1000$Cryptocurrencies have values of 0 and 1.
Either it has no value, it is 0 dollars.
Or is it infinite.
What did you expect? 1000$ free to come?
Bitcoin suddenly became 60-67 thousand dollars. Do you think that there is no pain at all?
The miners' game came and sold the lowest. There were those who were afraid. Has Ethereum Classic crashed, of course not.
When bitcoin, your most trusted cryptocurrency, is 50%, panic is normal. Now there is a record-breaking bitcoin. What panic there is, Now there is the Record. Very fast charting for bullish in crypto. The fix is finished.
As we have looked at Ethereum and Bitcoin in the past, everyone will say I wish I could buy it from here.
Ethereum breaks records. Doesn't Ethereum classic break records?
You can read all my articles.
It is not investment advice.
ETHBTC Scenarios that could occurLooking at ETHBTC we can see a large triangle or similar to a bullflag
This could breakout nicely upwards which I think it will
The other scenario however is that this is a top formation and the two squares both indicate points of a double top
I am very bullish on Ethereum with Visa's involvement
Ethereum VS Bitcoin 80% PROBABILITY TRADE. GET IN!!Folks,
I have always traded in the USDT pairs.. Well I have learned many lessons lately and 1 of them is to gain more bitcoin while in a bull run.. Cause' it is the mother of all coins and most value.
Check.. Imagine you have 1 ETH worth of $1000.- and 1 Bitcoin is at the same time $10.000.- then ETH/BTC is 0.1 BTC
Later when the market has gone up your ETH is worth $1500.- and 1 BTC is at that time $20.000.- then ETH/BTC is 0.075BTC.
This means you are up $500.- in USD and 25% down in BTC value. But you have 0.1 BTC against the value of $20.000.-
is $2000.- instead of $1500.- that is $500.- more profit!
Never understood it so educating yourself is gold and my advice is do it..
I am quite new in this game maybe you already knew so that's good and if you don't I hope this makes it clear..
To come back to the chart..
We have seen many double bottoms before and in this short analysis it seems like a ' trustable' pattern.. So what is the probability of prices moving up ?
BTC money flowing into ETH!!Ethereum has been showing very high strength recently pumping even while BTC falls in price, and as BTC dominance gets lower and lower the altcoins and ETH will start to really explode! we have blew past many key areas recently like the pivot point, the first level of resistance and now the 0.2 FIB level, if we can manage to hold the 0.2 FIB for daily close tonight we are looking hella hella bullish! we have been scaling up the top of the bollinger band, we could see a continuation and keep shooting up more and more, i feel like we might see a little break around this 0.2 FIB maybe just a day to build support and cooloff before flying back up. Or theres the case where we keep on moving up, looking at the wave trend we are not really even close to the sell or the top zone we still have quite some room to run up still, also we have seen before it doesn't always come down right away there is times where it hangs up in the top zone for a little bit, either way i am super bullish on ethereum especially after todays london and eip 1559 upgrade! ETH is being burned now all day everyday anytime there is an eth transaction! think about that, supply is going to start shrinking and the demand is already high and will most likely get higher and higher! Not financial advice just my opinion!
Ethereum could take a hit against BTCEthereum has been trading perfectly in this descending triangle and we have failed to breakout the top many times and now we could indeed be in for a fall out of the bottom of the triangle, from what it looks like there isn't a lot to worry about and this could be a potential fakeout to the downside, as we have many many supports below us this could be a tactic to get weak hands out of ethereum. We notice on the bollinger bands we are tending to go downwards towards that bottom band which can definitely be a slippery slope as if we do continue to ride the bottom band there is a high chance we will see a drop of some sort, i figure the lowest we could see due to all of the surrounding supports is about 0.05 or the 0.6 FIB level. Taking a look at the pivot points we do have support above the 0.6 FIB level but what im interested in for the longer look is that bullish pivot point, if price action can make it upto this level we will be considered in a bullish reversal which is definitely key but that'll be talked about in a later TA as this levels a little out of reach for now, hope im wrong though lmao! Now something that goes hand and hand with the bearish looking bollinger bands is the bearish looking macd where we just recently had a bearish cross, we are only 2 red bars in to this macd cycle and i doubt we will see a green bar say tomorrow, so we could be looking at a maybe 5 day bearish trend on the MACD but there is always the chance of a reversal, there isn't much separation within the MA's so we are looking pretty okay there but we need to see some bull momentum to bring that blue MA back ontop of the orange or like i said we could see a little downside here. keep in mind there is the chance of a fakeout to the downside where we could exit the bottom of the descending triangle but then shoot back up liquidating short positions and getting weak hands out of the market. Not financial advice just my opinion!
ETH testing a UptrendAs you see here we are testing a supply zone followed by some resistance which is normal but next let's see if we can do a Touch & Go off of the (Yellow) lower resistance then get a nice Uptrend that'll get us out of this consolidation.
Then we'll be met by another resistance, if BTC is able to get the market moving we should blow right through it. I do believe we may have 1 for Pullback before the big Bull run.
ETH potential 9% drop looming!Ethereum against BTC has been pretty strong wee are trending slightly down but more of sideways movement within this descending wedge. i think that we could see a little more downside here until we start heading back up, for a few different reasons the first being if you look at my last BTC TA i think we are on the verge of a pullback in price and that will definitely shake up the market a little bit. looking at the coppock curve which isnt talked about very often is pretty accurate for finding market bottoms and reversals, so we see our wave is currently halfway to the bottom point, this indicator doesn't really ever ake any jagged turns or reversals and it smoothly transitions from bearish to bullish over time, we have a little trend line going for the wave bottoms and i think we are going to catch this support again before then transitioning back upwards. We recently got a bearish cross on the MACD and we notice some further separation in the MA's right off the bat and this shows we are getting further and further away from getting that bullish cross in the next phase, our histogram aswell has just started printing a few red bars and they are slightly getting bigger each time, we want to see these bars start to level off and ultimately start to reduce in size. Looking at the bollinger bands we are in an okay spot nothing to worry about here for now, the only thing is that price action is below the midline and we usually see our candles getting held down and below this level. Not financial advice just my opinion!
$ETH, Long time since I checked this chart$ETH
Long time since I checked this chart
Bouncing from .618 fib after some accumulation over ~0.03 sats
I think is too early to know if this is a reversal OR not
UCTS bearish across most timeframes (12H flashing buy tho!)
Set alerts and wait for stronger confirmation.
#ETH
ETH-BTC Wedge Breakdown Eventuality Using more indicators
We can see similar MACD formations between these two price points (purple ovals)
Also similar price formations, with a common bounce of a MA line between the two
Evidence suggests that this wedge that has formed bullishly will break down, bearishly
A head and shoulders can also be identified on the RSI weekly chart
^ above idea suggests continuation, scrap that, bearish action is favored
This is the wedge above that price is currently within