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Marketstructure

Is Ethereum going to dethrone the king!?This is the million dollar question. This has been a topic thrown around from time to time. Will Ethereum pass Bitcoin, Blah Blah blah. This is the first time I feel there is any evidence towards it. Let's take a look, as do believe that this could happen either before the next bull run or during the next bull run. Ethereum for the time is showing strength against Bitcoin in a bear market. We can clearly see it here in the Market caps of ETH and BTC as there is a clear divergence that has been made. ETH came close before in in 2018 at it's peak of the bull run. Ultimately in the bear market the gap of ETH market cap widened as it corrected much harder. Even with this divergence the gap percentage in 2018 was smaller than now but ETH has never shown us divergence against bitcoin. ETH along with every other altcoin has shown weakness and has fallen off drastically against BTC in bear markets, so this divergence is strange to say the least. What will it ultimately lead to? We don't know, but if it keeps up, it will eventually dethrone the king. It could just be signs of an alt-season that could be brewing. we don't know, time will tell us. One thing is for sure, there have been a few first times in the last two years and this is just another for the list. The crypto market is changing and growing while showing some different dynamics in my opinion. The indicator below shows ETH Volatility. The thing of importance is that the volatility has kept going up while the market cap of ETH has reversed course and has begun rising and showing strength while bitcoin's market cap fell more. Another thing to note is that this divergence started before the FTX collapse but even after it amongst all the fear ETH has stayed the course and it actually confirmed this trend and strength because of it. I have gone long with the chart as I do believe this trend will continue at least for the short to medium term. Please let me know your opinion down below. Let's see what people are thinking on this subject. Kind Regards WeAreSat0shi Stay Blessed!
CRYPTOCAP:ETHLong
by WeAreSat0shi
1
EURUSD Analysis and Trade Execution -What do we see here? -Price has been consolidating on this box with no real intention of going up. -However, technical indicators suggest that we are in an a bulls market as price is respecting the trendline drawn on the chart. -For this, I would suggest that we use stop orders for the sake of protecting ourselves as shown in the diagram. -Our stop loss is quite some pips below as i am factoring in the consolidation of price in the box and the buy stop above the consolidation box as i am anticipating a break out to the upside. -Initially i had thought the previous bullish candle was a big shadow and a buy catalyst but on looking left there is a lot of price action and so opted to place stop orders instead. What are your thoughts on the same? Comment below your charts and ideas for brain storming. Regards.
by EMkioko
USD/JPY: Lower High market structureUSD/JPY it's suppose to continue bearish, but it's appear that watching from now!!! We're in the formation of the upside movement that we can to contemplate that it's making LL = Lower low, then HH = Higher High, then Lower high recently. And also, this could to get me an clue that USD look bullish in this formation that Dollar make. It's better analyzing how the par behaviour!!! This it's the H4 panoramic there!!! And also, it's unlike that Dollar going bearish in this way as we form a bearish channel ,but we're in the key support here that I mark in the blue arrow. So guys, I change to long in USD/JPY now. It's time to change to short from long in this market structure explained. I put in long now in $132.47 JPY, Stop Loss n $132.01 JPY and take profit in $133.95 JPY. Good luck in this long position
Long
by harisonhbn9718
3
XAG Market Structure Breaking Down The chart above shows a 12hr outlook of Silver (XAG). The light blue trend line shows the macro lower highs that are being printed and this line has been respected several times. The current price action is now in an area revisiting this downtrend. This does not mean a reversal is imminent but gives us an indication that this is where a reversal would occur if it's going to. Let's look at the chart below for a close look at recent price action. We are now zoomed in to the 1hr price action and can see the more recent market structure shown by the yellow line. The price action squeezed between our larger blue downtrend and this yellow uptrend before finally hopping outside of the yellow trendline. The price breaking the yellow trendline does not mean that a reversal is confirmed, it's simply the first potential point for the bears. But immediately following that trend line break, the price action has created a lower low as well as a lower high, both of which are very good signs that the bears are beginning to take control. Not financial advice but this is sufficient for entering a short for my trading strategy. The short position shown on chart is simply a guide, as this will be the beginning on a new trend. My strategy is not to take a blind take profit but to continue monitoring this until the bulls begin to take control again and only then do I close my position.
OANDA:XAGUSDShort
by Obscure_Trading
#AAVE : With Upto +60% Profits Opportunity in the MidTermFundamental Aspect AAVE devs just launched $SYRO presale! Holy fck this is huge, one of the most anticipated defi protocols. Full public allocation, no VCs = we get the cheapest price possible here. Easy 10x in next days. Early birds gets the worm 👀🚀 Technical Aspect - Falling wedge formation with a breakout. - MACD signal buying indication with a cross. - SMA working accordingly in favor of bulls both in the short and midterm timeframes. - Volume needs some good momentum. - Break above the falling wedge and staying above the resistance trend line even if it pull backs and retest it is a must to continue in the bullish side of the trend. - RSI looking bullish too. - We are still in an accumulation stage and the next heavy barrier resistance will be around 786% fib level. - Impulsive elliott waves formation is expected. Will be updating this chart to see the possible out comes for the short and mid term scenarios. CTE
Long
by cryptotalk_et
1
EURUSD buy idea-Here we have EURUSD which has painfully tried to break price within the box twice. Once to the upside and twice to the downside in what we called the last kiss trade. -Its however worth noting that as price tried to break bearish, it was met with a strong monthly support. -EURUSD has also been in a bulls market for the last 3 months as from our previous analysis so its highly unlikely to break the support zone below. On this analysis too, , We said that when trading the last kiss trade, Emergency stop loss is placed in the midpoint of the consolidation box. -The above statements alone are enough to nullify most bearish sentiments about the EURUSD for the coming week. -We can also see that yesterday's candle formed a nice bullish engulfing signal after the rejection from the monthly support aided by the NFP news. -Those are my thoughts on EURUSD so i will be looking for buy signals come Monday next week.
Long
by EMkioko
I could be wrong but..Just an idea, I definitely could be wrong. everybody is talking about a 2023 recession but the sp 500 has closed 3 weeks in a row near the high of the week. Sure its in a range but 3 bullish hammer candles in a row on the weekly chart? there must be some sort of institutional buying at the 3800 level because every time we go there I see a bounce back up. I feel that a possibility that would be the against the crowd is a strong move up on equities. I feel that a move lower is kind of expected, its the consensus and as we know the market moves against the crowd most of the time. I do believe we are heading lower at some point this year but keep you guard up for a strong move up to flush out the shorts followed by a move down when its least expected. from a trading perspective I will only be bullish above 4100. i feel the likely scenario is a pop to 4050 followed by a strong move down let me know your thoughts in the comments below I do respond to all comments. have a fantastic weekend :)
PEPPERSTONE:US500
by Kyle_Campbell
LTC - Good Key To Feel The Market!🔑Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. I always keep an eye on Litecoin to feel the overall crypto market. LTC has been overall bullish from a medium-term perspective trading inside the red rising broadening wedge pattern. After rejection the upper red trendline and breaking below the last minor low in gray the bears took over for a bearish correction. As we trade lower, we will be approaching the lower bound of the rising broadening wedge . Moreover, the red zone is a previous high and demand zone. So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the red demand zone and lower blue trendline. (acting as non-horizontal support) As per my trading style: As LTC approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) If we break the lower red trendline downward, then expect further bearish movement till the lower bound of the big blue wedge around 55.0 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
19
EUR/USD: Bearish expectative to reach the key level in $1.0440In this analysis, we see that Euro look in the bearish side, but I will going to explain each timeframe what happen here. In daily timeframe, we see very clear that Euro/U.S. Dollar break up the EMA 200 and market structure indicating a bull market incoming. Based in this clue to trade to long in swing trading. But if you're analyzing the H4 timeframe, it's unlike probable that Euro doesn't forming any bullish channel or market structure as it's very clear that we're in the correction yet in H4 and H1 timeframe to reach a new lover to $1.0460 USD. But there're not some bullish signal for this timeframe and H1 too. But now, we see a bearish side that we can to get this opportunity to make this trade in January 2023. Trade Information: 1) Entry Price: $1.0558 USD (Buy Order Limit) 2) Stop Loss: $1.0609 USD 3) Target Profit: $1.0440 USD 4) Pips: 117 pips
Short
by harisonhbn9718
22
EURJPY - Now Wait For Bears!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my last analysis (attached on the chart) we were looking for bulls to take over around our green support. on DAILY: Left Chart EURJPY traded higher and now approaching the blue resistance zone, so we will be looking for sell setups on lower timeframes. on H1: Right Chart For the bears to take over, we need a break below the previous low in gray. Bear in mind that EURJPY can still trade higher, dive inside the resistance zone and then form a new swing low. In this case, we will update our gray zone (trigger swing) Meanwhile, until the sell is activated, EURJPY can still trade higher inside the daily resistance zone or even break it higher. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
11
EURJPY I In correction and will decline from resistanceWelcome back! Let me know your thoughts in the comments! **EURJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
5
EUR/GBP: Reaction point to watch in £0.8764 GBPIn this analysis, we see a nice setup that we can to prepare for both scenario here, first berish and second bullish in the smart point like sell here and buy here. But nothing will be to make a good preparation here. So, we see in H4 timeframe two scenario that it's very possible to watch in the next hour in EUR/GBP. And below of this sentence we see a explanation that we can to get a possible drop toward £0.8764 GBP and then a bullish setup from this smart point, and also another possible will be that EUR/GBP just make a consolidation and then drop, or make a consolidatio with some time and then make a cheat in the market, it's a thing to watch here and take this both scenario. But in my personal opinion, I believe that EUR/GBP will drop until £0.8764 GBP and then from this smart point will be a bullish setup. And also to take a perspective in Daily timeframe, we're bullish!!! Now, I will make a 2nd analysis there to explain why I decide to short EUR/GBP Good luck!!!
Long
by harisonhbn9718
2
S&P 500 Big Picture Update - Bearish ScenarioMany investors are already assuming a breakout from the upper trend line and thus a continuation of the uptrend. The economic sentiment is still bearish , many companies now have to bear the high capital and energy costs and many companies are still highly overvalued. Therefore, today we would like to introduce you to a bearish scenario that is likely to occur, the Double ZigZag . Structure of a Double ZigZag - Superior: (W) - (X) - (Y) - Subordinate: (ABC) - (ABC) - (ABC) - Subwaves: (12345 - ABC - 12345) - (ABC) - (12345 - ABC - 12345) Current situation If this scenario is correct, we would be in the last sub-wave ABC and now see the last downward movement as sub-wave 12345. This would complete the last subordinate (ABC) wave. This scenario would be confirmed if in the next few days/weeks the SPX initiates a trend reversal to the downside. We already see a weaker SPX struggling to pump above the yellow highlighted resistance. Even if we could make it above this, it would have to be retested first and thus hold above resistance. We now expect the SPX to either make another small breakout to the upside before correcting back down, or for the SPX to correct right away. Strongly changing market The market is very difficult to assess at the moment. Many economic news are affecting the markets very strongly, new political and economic changes are coming at a record pace and most investors are still afraid to lose money. Thus, this Double ZigZag scenario is one of several possible scenarios. We will post a bullish scenario in the next few days.
SP:SPXShort
by Consyder
1
EURUSD short analysisHello EMKioko followers, Yesterday's candle closed bearish with a long wick;signifying huge rejectionfrom above. For this we anticipate selling pressure to continue today. You will also notice that we created a new low as the candle dropped lower to close at 1.0573-ish on the 30m. By default, lower lows and lower highs lead to what we call a down trend. From these observations, we are going to look for areas on the chart where we are going to form a new lower low and from the lower low formed, a sell signal to confirm our sell position. What are your thoughts on the same? Comment below your analysis and critics. Success in your trading.
Short
by EMkioko
1