#ETHUSDT to $6,275 ? , Massive Pattern BrokeoutWelcome to this quick update, everyone.
ETHUSDT looks really bullish here.
I know the market looks scary here but this chart says otherwise.
The Cup and Handle pattern has broken out.
If the upcoming weekly closes above the 42k level it's highly likely we will see a 6k+ ETH by the end of this year.
just to clear your doubt:- There's always a shakeout before every big rally and I believe the current market is in that situation.
We can have some long wicks to the downside which will eventually be bought by the bulls.
The target of this pattern is $6275 roughly a 55% Rally.
21D MA is the indicator that you need to follow for the invalidation of this chart.
Any close below 21D MA will either invalidate or delay this rally.
This is not financial advice, DYOR before taking any trading action.
What do you think about this chart?
Do hit that like button and share your views in the comment section.
Thank you
#PEACE
Etherium
ETH retest and bulls take overDXY reaching oversold and starting to create a blowoff top. Set up your long trades.
As we don't know how far the DXY will rise, we will enter in 4 positions. Split your investment into 4 and set your limits each 25% of your initial investment.
Trade Management:
First target, we are looking for a bounce back to lower levels. So this time we will close 50% with a sell stop if price rises above target of our position immediately. and scale in if we go back down to increase position size. Will keep you updated when trade is active.
We keep remaining positions and exit 10% each target, looking for new ATH.
SL is not in place until first target met.
#ETHBTC is likely to pump 20% . Here's Why!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
ETH Broke out of the channel and is currently retesting the resistance turned support.
I expect two scenarios here.
Either we start pumping from here or ETH can retrace a bit to the .062BTC level from which I expect a good rally.
Target will be .075 BTC to .08 BTC which is the upper channel resistance level.
This chart will be invalidated if we break below the lower support trendline.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
ETH UPDATE - MISSION STILL A GO!Just a simple elementary update here guys from yesterday.
Everything still playing out in a bullish way. A Little bearish divergence on the RSI shows we could see a pullback to retest the neckline before upside continuation... What would change this is if the neckline support breaks HOWEVER I ONLY THINK IT WILL JUST DELAY THE INEVITABLE.
Targets remain at 4500$ area but we'll watch that neckline support area closely! This area would present a very good buying opportunity around 3650 - 3700 with GREAT RISK REWARD POTENTIAL. I guess I'd personally put a stop loss at 3420 and a target of 4490.
Entry = 3650 - 3700
Target = 4490
Stop Loss = 3420
*** THESE ARE JUST MY IDEAS BASED OF MY EXPERIENCE AND I AM NOT A PROFESSIONAL ANALYST. ALWAYS DO YOUR OWN RESEARCH AND RISK ASSESMENT BEFORE INVESTING ***
Bitcoin Pennant Breakout To $110KBitcoin has been attempting to breakout of its pennant for quite some time now. Now that it has been confirmed, Bitcoin is headed to new all time highs. When analysing Bitcoins Fib Circles and Speed Trend Line we can assume the first resistance level would be met around the $80K mark (late November/early December) time. That would also indicate a completion of the (5th Elliot Impulse Wave) which would then be followed by a correction to its Fib Circle support area at $60K.
After this cycle is complete, the Bull run would continue, creating a bigger picture (3rd Elliot Impulse Wave) which would take Bitcoin to all time highs.
Price Target is 110K (late February/early March) next year.
Overall very Bullish on Bitcoin right now!
Ethereum TOWARS $4,000 ??Ether started to retrace earlier in the week, following a failed attempt to sustain price action above $3,600. It became difficult to hold support above $3,500, resulting in a further deep to $3,400. correction was healthy for Ethereum , whose bulls needed to take eth to $4,000.
SUMMARY ::
Trend: Bullish
Support: $3,400 & $3,250
Resistance: $3,850 and $4,000
16th Oct will see a $5800 ETH followed by a Crypto WinterFractals seem to be mirroring the first leg of this bull run which will see us top out at just above $5800 by mid October. A blow off top could add another $1,000 but it wont hold due to the current world climate.
In a Bullish world we could def see a $10k Eth deflation and a world recession is looming which will bring the Crypto Winter.
Blockbullder
BNB and LTC - examples for Crypto Bull Leg CaseJust a reminder that the actual highs and lows do not mean too much this run.
In the May dump, some coins like BNB made their low during the first Elliot wave. Coins like LTC made a 5th wave low, and some others made a 3rd wave low.
The same exact wave count structures have played out during the September pullback, the only differences being in the Wyckoff structure.
Same idea all over the market, nice leg up incoming.
ETH Past $3350, retesting $3500. Onwards to $10-$15K ETH! 2022Given crypto run expected this quarter, we've pushed passed 3350 and will hit resistance at 3500. I suspect we'll blow past this. My weekly chart post didn't have a lot of details so here is the day chart. If we fail 3500 and fail to stay about 3350, the long position might go neutral. The macro factors are too srong on worldwide currency devaluation and enslaved USD nations moving to Bitcoin as their currency that ETH and BTC are in a race to the top!
Apple is running ETH 2.0 validators and Bitcoin and Ethereum are on it ways to the mass market Apple Wallets built in to every iphone on earth and already integrated with payment terminals in first and second world countries.
The magic here is the world bankless moving to crypto for micro, free of processing fee, payments. If ETH is $3500 with crazy high gas prices and energy used for mining, imagine the price for ETH with ETH 2 running on tiny fees and low energy.
This is the Internet when it migrated from leased lines to high speed fiber optics. If you missed the .dotcom boom, this one is even better. And for veterans of that era, knowing how to get out by reading the charts is your guide to economic freedom.
#ETHUSDT Looks ready for another rally after the retest!!Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
ETHUSDT Looks promosing here,
Broke out of the channel .
I personally accumulated ETH around $2900 and holding on low leverage.
I expect some retracement here $3045 to $3185 and then continuation.
Upper resistance levels are:-
$3333
$3325
$3615
$3900
IF ETH IS ABLE TO BREAK THE 4K AREA AGAIN, IT'S HIGHLY LIKELY WE WILL SEE A NEW ATH!!
What's your thought on this?
Do you think this correction is over?
Do you think ETH could easily pump from here?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
#ETHUSDT Looks ready!Welcome to this quick setup!
Already accumulated around $2900-$3000, ETH looks ready here.
Broke the resistance into the support.
Likely we will see $3400 soonish.
Entry :- $2950 to $3120
Target:- $3300 to $3500
Stop Loss:- $2844
It will also push all the altcoins with it. What's your thought on this?
Do you think ETH will pump from here?
Or some correctio is still due?
Do hit the like button if you liked these short updates.
I'll be posting more if you want.
It takes less time and effort.
#PEACE
The Power of Crypto Investing The Power of Crypto Investing
If you had invested $400 in Cardano on March 13, 2020 (Price: $0.01)... you would have made $100,000 profit on by August 20, 2021 (Price: $2.50). A year and 1/2 later.
People say they're disappointed that they missed out on Bitcoin. People say they're disappointed they missed Etherium. There's no need to keep being disappointed. More ships are taking off as we speak. Just pay a little closer attention, do a little more research, connect with other crypto investors, invest early and thank yourself in a couple of years.