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Saturday

An Ethereum WHALE sends $170MThe much-anticipated network upgrade known as Ethereum Merge, which was intended to boost the price of ETH, failed to do so. Ethereum hit a low of $1,410 on Saturday after reaching a high of $1,660 on September 15th, 2022. A sizable Ethereum transfer was seen by Whale Alert, a well-known blockchain tracking and analytics tool, in the midst of the cryptocurrency chaos. A significant cryptocurrency address transferred 109,515 Ethereum worth nearly $160 million from an unidentified wallet on September 16th, according to Whale Alert. The transfer was carried out at approximately 11:03 UTC. 100,000 ETH were transferred from an unidentified wallet at 13:30 UTC in a subsequent transaction about two hours later. LIKE COMMENT AND SHARE. APPRECIATE.
COINBASE:ETHUSDLong
by IPatrice
2
BTC Pressured Below $24,000; Is $26,000 conceivable?The present Bitcoin value examination is showing financial backers' combination mode. As the cost expands the earlier day's sideways development in a scope of $23,400 and $24,000. The greatest digital money by market cap has been exchanging with an unbiased to a somewhat bullish predisposition. BTC cost exchanges higher with unassuming additions on Saturday. The development of two-sequential candles recommends hesitation among brokers. A solid obstruction playing around $24,200 and $24,400 zone. As of composing, BTC/USD is perusing at $23,899.05, up 0.47% for the afternoon. The cost has been uniting beneath the $24,000 mark however the drawback is very much covered close $23,700. Assuming that the value figures out how to hold over the meeting's high of $23,978 more potential gain should be visible in the coin. On the day to day diagram, the BTC cost examination shows that the cost has been exchanging a rising wedge development. A rising wedge is a negative continuation specialized design. Nonetheless, the cost is agreeable and sits over the basic 20-day and 50-day EMA's showing a bullish fundamental opinion. An everyday close over the referenced level would make ready for the mental $26,000 level, This likewise concurs with the upper trendline of the wedge development. The MACD oscillator shows that the bullish energy is supporting over the midline. The RSI (14) is right now exchanging close to the 59 level, which shows that the market is in bullish mode and is a long way from overheating. Any increase in the markers would reinforce a bullish breakout out of the ongoing union. The 24-hour exchanging volume of BTC dropped over 18% to $32,530,459,847. Then again, a break underneath the meeting's low would tempt bears to go into exchange. All things considered, the cost could meet the 50-day EMA at $23,191 followed by the low of July 24 at $22,263.
BITFINEX:BTCUSDLong
by DEinvestment
BTCUSD going For A Long to sellAs soon as price hit this demand zone, it started showing upward moverment and soon it made a juda swing which cleared out the stops of retail traders and took more liquidity to the upside...... So I am waiting for a secondary Low to be formed ont he 15min TF and take advantage of the upward rally for ti to hit the Supply Zone above and Go down to the next unmitigated zone below the zone price is currently coming from...... Lets watch and see how much the trade goes. #btcusd
BITSTAMP:BTCUSDLong
by ButterflyBerry
1
GBPUSD Elliott Wave - Short soonMy previous idea was that we were possibly completing higher degree wave B or 2. While the reversal call was accurate so far, my primary count has now changed. I still think we are completing a higher degree wave B or 2. I just think we have one more move down before we complete it. Idea is that we are in an ABC flat for a wave B (higher degree). Once this final leg of the flat completes, I will look for bearish divergence on Stoch RSI, and OS on both H1 and D1. My elliott wave target for this minor wave C is between 1.31142 and 1.31236. Let's see!
Short
by ZigZag618
1
BTCUSD: Bitcoin Saturday Trade Set-Ups for the Aficionado Bitcoin Saturday Trade Set-Ups for the Aficionado BTCUSDT BTCUSD: Bitcoin Saturday Trades for Die-Hards A slow overnight session has given way to a slow start to Saturday trading. Bitcoin has held up though and if still long here is about 80 points up on the last entry at 7375. Looks like we're stuck with scalping still for now looking at the lack of interest in Europe this morning. The tight range and lack of volume suggests we're going to have to be happy enough with 90 to 200 point scalps at best this weekend. Am raising the stop to 7449 for now on rest of this long position and looking for some interest to pick up later when US opens. If it breaks the stop in the meantime will be looking to buy again off the dynamic with stop about 20 lower. Alternatively can raise the stop to 7409 for smaller profit if hit and run it, looking for 7530-7540 initially and then 7652 once 7540 can be broken above. Got two thirds of this long left. Maybe will do one third and one third as above...in doubt so doing both is easiest way to handle this predicament for now. On the downside Bitcoin has to break below 7410 on Tether feed to turn negative again - can reverse short from this point if looking to trade the next move, which should bring it down to 7360 initially where it will likely bounce again unless we see some decent volume building fast behind it (less likely on a weekend but still possible if whales are around - where are they all? They used come out to feed on weekends once upon a time. Been a long time.) After bouncing again at 7360 back towards the underside of the dynamic at best it should then fall back to 7300-7280 at least and if not to 7211. Depends on volumes really. This pattern looks to be just another continuation pattern within the overall downtrend so far. Although it's near term mildly positive the chart is still saying it has to come lower yet before we can call a real bottom. Any break below 7211 offers a bigger short potential and can be followed back to 6815-6743. 20:37 Bst 15:37 Est Friday Bitcoin Bitmex Update. There was no volume on the break higher but it was still worth following for 100 -140 points from 7400 as it broke the upper dynamic. Now it's come back to test the same dynamic from above. Should hold here and gives a chance to get long at low risk because the stop is close by. It may not work. But the loss is small if so. Stops below 7355 - can put an order in at 7375 - loss 20 . For Bitcoin updates in real-time please check the link, top-left of main page. Aficionados only ; ) And if you find these updates interesting from time to time please hit that button. It's the only way there is of knowing if it's worth carrying on updating via Tv. Thanks
Long
by sumastardon
3
BTCUSD Saturday Trade Set-UpsBitcoin Weekend Trade Set-Ups It looks like we should get an interesting trade coming up here quite soon. Failure to hold on to 8300 will most likely force it back to the lower parallel of the continuation pattern shown at the bottom of this decline. On the downside we need to see a break below the lower small rising parallel and the support line 8230 to trigger the next short back to 7946 and potentially lower still, to 7817-7800 range. The next important support below here lies at 7584. And on the upside, it's had 4 waves up - it should struggle at the big dynamic again at around 8368 on Coinbase now. Obviously any break above the uppermost falling medium term dynamic would be very bullish- and we will have to follow it long if we see it happen - again it will need a volume burst to achieve this, as usual. It is possible. But the truth is it should come off. it's Bitcoin. If looking to trade this today try to keep an open mind for the next hour or two and follow the break when it eventually comes, watching for a volume spike behind it to confirm.
COINBASE:BTCUSD
by sumastardon
1
BTCUSD Saturday Buy-Points and Updates09:20gmt 04:20est Saturday Buy Points and Updates If you went long again off the retest of the lower parallel it's held good overnight but has reached the underside of the neck-line of the small head and shoulders created yesterday and could have been closed out for 300 or so gain by now. If still long the nearest support is close by at 9077 so no point in closing out now. But it must hold up from here to avoid further weakness back to 8899 line again. Failure to do so will trigger another short with stops above 9100. The overall pattern is still delictely poised with bulls holding sway above the 9077 line and bears still roaming the zone underneath 9077. Bullish above the line still and flipping into bearish territory below it. More as the move develops... Bitcoin Bitstamp Update 09:52gmt 04:52est Bitcoin has rallied from the 9077 line precisely and shot higher - local resistance at 9389 which should cap the rally in near term where day traders will likely close out but the pattern is looking positive - as before- bulls hold sway above the 9077 dividing line and bears below. If you bought off the lower parallel for the swing higher and are still long can stay that way though expect some downwards movement to arrive soon if so. Bitcoin Bitstamp Update 12:43gmt 07:43est Coming back to the 9175 support line and the lower parallel. A buy here with stops below the line - or can wait for small dynamic above price to be broken above and the 9224 line reatken again by the bulls to add or for a safer buy anew. Has to break below 9175 line by over 15 points to flip back to negative again back to 9077 13:23gmt 08:23est Can raise the stop on this long to just under 9200 now and let it run towards the upper parallel for day traders and to uppermost larger parallel for swings. *For Bitcoin updates in real time over the weekend please see link at top left of main page
BITSTAMP:BTCUSDLong
by sumastardon
4
Bitcoin: BTCUSD Saturday Update and Next Trade Points Bitcoin Saturday Update and Next Trade Points Bitcoin went into the weekend looking like it was just a matter time before it broke lower still. All that consolidation below structure to the left of price was saying that no-one wanted Bitcoin above 6666. By 22:00 gmt this level really had taken on major significance. The number of the beast or no, it was also now the dividing line between Bitcoin staying negative and flipping back to positive. Then at around 01:50gmt there was a massive whale attack. And although primed for just such an event this weekend, we've never seen an attack out of far East like this for months now. It was big volume - a serious attack. The trigger for the next long was a break above 6670. Since then Bitcoin has surged up to test the junction of the fixed and dynamic resistance lines at 6909 with an intra day high at 6917 on Bitfinex. Now it needs to consolidate some more and is doing so by unwinding in a 100 point range with support underneath provided by the 6817 line here. Can either close out here around 6868 for 218 points profit overnight or stay with it with a stop under 6800 for 120 or so profit if struck. Am doing former as it's the weekend, looking to re-enter long only once 6909-6950 range is broken above, looking for a rough 400 point rally to 7266 minimum and more likely to 7431. On downside support at 6818-6800 line must continue to hold up on retests today for Bitcoin to remain positive from here. A break below 6800 will tip Bitcoin back into bear territory and trigger the next near term short from here if we see it, back to 6666 - where it should bounce again. We are still stuck in the range with the weekend ahead. Unless 6950 can be broken above that looks likely to remain the case for a while longer this weekend - but with some decent near term trading opportunities ahead of us all the same.
BITFINEX:BTCUSDLong
by sumastardon
11
Bitcoin: BTCUSD Saturday Trade Points Bitcoin: BTCUSD Next Trade Points Saturday Yesterday's price action has created another bear flag, smaller in scale than the one sitting above it, but so far quite simailar. It looks to be better defined than the last one which hopefully will create a signal worth trading off when it comes... The overall pattern is still bearish so the break, when it comes, should be downwards. But this is Bitcoin. We need to be ready for either eventuality this weekend. On downside a break below the lower parallel of the continuation pattern at 8070 will flip Bitcoin back to negative again and it should then begin to slide away further to 7700. Any failure to hold this level during the course of this weekend would then be likely to attract even more bears out of the woods and force Bitcoin back down through the support lines to 7547, then 7221 and then right back to 5915 on Bitstamp. Worth following once 8070 gives way with stops 100 or so higher. On the upside Bitcoin has to break and hold above 8460 to trigger a long up to 8847 initially, then a second long from 8855 to 9360-9467 range. Any such upside price action can be followed if we see it. It may look unlikely. But we still need to cover it just in case.
BITSTAMP:BTCUSD
by sumastardon
3
BTCUSD Bitcoin Weekend Trade PointsBitcoin Saturday 9th March Next Trade Points Overnight Bitcoin has rallied to the next line of resistance listed at 9493 with an overnight high at 9506 reached at the now customary 06:00gmt/01:00est turning point, before falling prey to profit takers once again. The break above the holding larger parallels was an encouraging signal for the bulls in this argument. But the overnight rally didn't carry much serious intent with it and didn't create much interest really. We did get a second chance to buy at 9000 though and the run up to 9496 was worth another 500 or so points so if you stayed with this through a slow Friday night you at least got some reward for that patience. But Bitcoin is still stuck within a continuation pattern as a result of last night's price action. Now it falls to Europe and then the US to keep the bull flame flickering today. Since 06:00 gmt it's spent 3 hours or so drifting back downwards. There looks to be 2 potential buy points from here. The first is from 9012-8951 range if we see it come off further from here during today, looking for an entry off the lower parallel of the continuation pattern with stops under the same line. The second buy point will come once the small falling dynamic from the overnight high has been broken through again to the upside. If we see this materialise we can follow long or add with stops under the dynamic. It's the weekend and longs are going to need a volume surge to accompany the break higher if it's to be trusted. If we don't see this be very careful with any longs. We could well see a failed break without some decent volume behind it. Initial resistance at 9500-9510 and the upper parallel of the continuation pattern, then 9831 and 10112. To really start to rally hard Bitcoin will have to break free of the continuation pattern it's being held within, busting through the upper parallel. But it's the weekend and it will need some serious buying later if this is to materialise for us. Looks unlikely right now but if it does happen today at any point we have to follow/add, with stops 50 or so below the break line/upper parallel. It may be unlikely but it's Bitcoin. We have to be prepared for all eventualities, even on a weekend. Returning to the downside: we have a bunch of tiny spikes forming above price on the 15 minute chart but there is no selling pressure, more lack of interest. It can drift lower as a result, back to 9000-8950 but it must hold up here, off the lower parallel if Bitcoin is to stay positive today. A fall below 8950 would tip Bitcoin back into bear hands again and likely force it back to the 8784 line again at least and more likely back to 8356 where it should begin to rally once more. The 8356 line is now critical support for the bull case. Any failure to hold at any point over the weekend will create another run lower, to 7835 at least and more likely to 7547. This looks unlikely at this point though, so long as it remains a FUD-free weekend.
BITFINEX:BTCUSDLong
by sumastardon
26