Ethereum vs. Bitcoin: Diverging Paths of Long-Term HoldersThe behavior of long-term holders is a key indicator for understanding where we are in the market cycle. Here’s why : As prices rise, long-term holders start selling the assets they’ve accumulated over time. Historical data shows that this profit-taking usually begins in the early stages of a bull market and continues past the cycle peak. Monitoring this activity can help estimate market peaks with greater accuracy.
Given Bitcoin's significant influence over the rest of the market, it is often the most straightforward asset to use for measuring these cycles, as other cryptocurrencies tend to follow Bitcoin’s lead.
However, examining this data for Ethereum reveals an intriguing divergence. While long-term Bitcoin holders began selling in January, long-term Ethereum holders have continued to accumulate. This contrasts sharply with their behavior in the last cycle, where it closely mirrored that of Bitcoin holders.
The reason for this shift? Numerous yield opportunities have emerged for Ethereum, making it more profitable to hold. Currently, 27.5% of the total CRYPTOCAP:ETH supply is staked, with 16.3% of this staked ETH being restaked through protocols like Eigenlayer. This highlights the strong appetite for native yield among ETH holders.
Additionally, long-term holders may be waiting for the Ethereum ETF approval and new all-time highs before deciding to sell.
TERM
ETH - Make or Break Zone!Hello TradingView Family / Fellow Traders,
ETH has been hovering within a narrow range in the shape of a flat rising channel around a massive resistance zone $4,000 - $4,100.
What's next?
Scenarios:
1️⃣ Bullish - Continuation
The bulls maintain control as long as ETH is trading within the rising channel marked in red.
In this case, a movement towards the $4,000 - $4,100 resistance zone would be expected.
2️⃣ Bearish - Correction
If the last low marked in green is broken downward, we will expect the bearish correction to start leading to a movement towards $3,100 demand zone.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
BTC - Are You Ready?📈Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 BTC has been overall bullish, trading within the rising channel in blue.
Currently, BTC is undergoing a correction phase and it is currently approaching the lower bound of the channel.
Moreover, it is retesting a structure in red.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red structure and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #BTC approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
3rd try at breaking through long-term resistanceGold is showing a classic long-term cup and handle period. Spent about 7 years in the "cup" (long shakeout period from the bubble that had formed after the last financial crisis followed by an eventual rally to previous all-time high). It has spent over 2 years now in the "handle" (period of consolidation giving the appearance that price can't break through the previous all-time high). After a recent shakeout and false breakdown from the handle pattern, it looks like it wants to test the all-time high again and this time there's a major catalyst (flight to safety due to all the uncertainty recently with the banks and the potential for yet another financial crisis). Due to that, I don't think you need to wait for a breakout of the all-time highs around $195 in GLD but that would be a safer entry (a monthly close above that level). Of course another shakeout from that level could follow because if I have picked up on this potential trade, then many others likely have also. Anyway, I am just speculating and not a financial advisor, if you decide to follow this please trade at your own risk and diversify (this trade won't break the bank for me personally if it doesn't work out and it shouldn't for you either).
BTC - Bullish this Weekend⁉️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 BTC has been overall bearish short-term trading within the falling channel in red.
🏹 For the bulls to regain control, a break above the last major high in red is needed.
Meanwhile, BTC can still trade lower to test the $59,000 - $60,000 demand zone before trading higher.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Prediction to Earnings on TSLA (Closing gap slowly, then retest)TSLA is being tossed aside as all attention goes to NVDA and semiconductors. TSLA has been experiencing slow growth relative to the S and P. These are my thoughts on TSLA price action up to earnings in mid April. This is a prediction that is longer in time frame compared to my usual predictions, so take with a massive grain of salt. I'll update as more information comes up near earnings.
We see a channel formed starting from the previous earnings. With it's current growth speed, I expect filling the gap early March to the $210 range. I believe attention will continue into semiconductors, and bring TSLA along with them to this point. Since we hit new ATHs with the S and P and NVDA recently, this seems like a good estimate as to when we will see a market correction. Momentum into the S and P seems that it will carry it for a few weeks. The TSLA options market seems to align with this, since we have P/C ratios between 0.5 through 0.75.
After this upward leg, I expect investors to brace for earnings in mid-late March, early April. With no new exciting news coming from the EV space, I think investors will expect a similar results to the previous earnings report. This is where we may begin seeing price action back towards previous lows, potentially retesting $185 to $190 prior to earnings.
Post earnings: It's easy to think we will have a similar result as the previous quarter, since we don't have news, but the EV sector is looking to slash jobs and cut costs. This may help TSLA keep a larger margin that may potentially be lost by Tesla car price cuts. With more information leading up to earnings we may be able to refine this.
As always, significant market news can change things to unpredictable places, so I'll be keeping an eye out and updating.
3B BLACKBIO DX LIMITED Currently Market Price @ 786.55 ... Good for Holding for a Year .
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 49.9% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 44.5%
Promoter holding has increased by 2.86% over last quarter.
Launch of Subsidiary Co.
3B BlackBio has launched its own subsidiary co. in the United Kingdom after entering into a Joint Venture Agreement with its European Distributor, HS Biolabs Limited based in Manchester, UK. TRUPCR Europe Limited has been launched to accelerate growth of TRUPCR's range of molecular diagnostic kits within Europe. TRUPCR has been well-accepted in 35+ countries across UK and Europe, Middle East, APAC, LATAM and United States of America
3B BlackBio Biotech India Limited.
Incorporated in 2011, “3B BlackBio Biotech India Limited”, a subsidiary of Kilpest India Limited, is engaged in Design, Development Manufacturing and Commercialization of qPCR tests, Rapid tests, NGS based Molecular Diagnostic Kits and Extraction Kits. The company has the largest range of CE-IVD products in the molecular diagnostics segment.
Brands: TRUPCR, TRURAPID, truNGS, TRUPCR Europe.
Matic will be shooting up like Steph CurryWith the fall that just occurred, Groupings A and B of cryptos are going to want to rebound and rise. They’ve already made the reversal. But even long term. They purchased CDA to assist with the purpose they exist and if that isn’t enough to convince. They’ll be changing their name from matic/polygon to just Pol. 5am-7:45amEST WILL be the last chance fire for quick swing trade come up. If anyone knows w way to re use kucoin. It’d be greatful. Or how to beat its kyc system. Please DM me if it works
THIS IS EXIDEIND FOR LONGTERM INVESTMENTAs we can see stock is not very bearish as per volume fall and price fall.
Stock trading above 20 50 100 200 ema on the day
on weekly and monthly chart double bottom formation
a bullish crossover on daily and weekly
Golden crossover on 20th Oct
1st-time breakout attempt with heavy volume but can not sustain about 175
2nd-time breakout rounding bottom with good volume and sustain above 175
RSI65,
stock can retest as shown in the chart plan accordingly. in the chart, there are two long positions you can make but you the different risk-to-reward ratios you'll get.
educational purposes only!
MPC - Wait For The Trigger 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📦 MPC has been overall bearish trading within the falling channel in red.
📈 However, it is currently approaching a strong round number $0.3.
🏹 For the bulls to take over and shift the momentum from bearish to bullish, a break above the last major high in red at $0.45 is needed.
In such a scenario, a movement towards the $0.65 resistance would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ETH/USDT 1HInterval Chart ReviewHello everyone, let's look at the 1H ETH to USDT chart, as we can see the price is approaching an attempt to break out of the triangle marked in yellow.
Let's start by setting goals for the near future that we can include:
T1 = $3,452
T2 = $3,576
T3 = $3,665
AND
T4 = $3777
Now let's move on to the stop loss in case of further market declines:
SL1 = $3,307
SL2 = $3227
SL3 = $3097
AND
SL3 = $3097
Looking at the RSI indicator, we can see that it remains in an upward trend, while when we look at the STOCH indicator, it looks like a return to price correction is possible.
AAVE - ClasaICrypto - Long Term - AAVE is a decentralized finance (DeFi) protocol built on the Ethereum blockchain, providing peer-to-peer lending and borrowing services without traditional intermediaries. Initially launched as ETHLend in 2017, AAVE later rebranded and became one of the prominent DeFi projects.
Here are some key aspects of the AAVE protocol:
Lending and Borrowing: AAVE enables users to lend or borrow crypto assets using a collateralized system. This process occurs without traditional intermediaries, such as banks.
Liquidity Pools: AAVE utilizes a market model based on "liquidity pools," where users deposit crypto assets into a pool to provide liquidity and earn interest. Other users can then borrow crypto assets from this pool.
Flash Loans: AAVE introduced the concept of flash loans, allowing users to borrow crypto assets temporarily without requiring collateral. These loans are conditioned on their return within the same transaction, adding a high degree of complexity and opportunities for advanced traders.
AAVE Token: AAVE has its native token called AAVE. This token is used within the ecosystem for governance decisions and to participate in activities such as lending and borrowing. AAVE holders can also earn interest and other benefits.
Governance: The AAVE community of token holders has the power to propose and vote on changes to the protocol through the decentralized governance mechanism.
AAVE has had a significant impact on the DeFi ecosystem, contributing to its innovation and development. It is essential to note that the DeFi space carries associated risks, and users should be aware of them when participating in such protocols.
BTCUSD 2023-2025 16k--62k-ish?Here we have BTC-USD-monthly with logistic (growth) function (phi-rameters are somewhat arbitrary) and with simple Triple Exp Moving Average.
Based on this, I am kind of thinking to buy in during the autumn 2023 (somewhere between 12k-16k), and I might be selling during the winter 2025 (somewhere between 44k-62k). Or maybe not.
___
This is NOT a trading advise! (It is just my superbiased idea.)
The information shared is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations!
GOLD - Long-term Swing to $2500Hello traders!
This is an area where I have been expecting gold to fall for a long time.
Since the price has reached the POI, I will wait for additional confirmation to go long to $2500.
This is the idea of swing/position trading (very long term). It can also be considered as an investment idea.
However, the risks must be calculated and you must have a proper plan in place before any execution.
This is the first POI from which the price can potentially turn bullish.
If we don't get a confirmation and the zone fails to hold, the 2nd POI will be monitored.
Good Luck!
DISCIPLINE
Strive for patience, perseverance, determination, & rational action.
Limit your losses, use stops.
Never cancel a stop loss order after you have placed it!
It's just an idea of mine.
However, everyone can share their thoughts in the comment section below.
Also, don't forget to support me! :)
Disclaimer: Trade at your own risk. I'm sharing my ideas and not giving trading advice.
Always plan your trade and trade your plan.
What you think about it 🤔😂 What you think about it 🤔😂 ! But wait ✋ think about this analysis seriously or regret later 📉📈🔥....may be it can be take support at $3500 also 💀 or take off on right now price ( between $17k or $20k ) 🚀 as compared to 2020.
also btc big f*cking rally coming soon (In 2024 📈🔱) so best of luck 😉👍to all.