(ETH) ethereumA made up idea here. The lines converge in the middle of july. If the price of Ethereum climbs towards that moment there is a good chance Ethereum crashes. If the price of Ethereum stays neutral or even declines leading to the middle of July there is a good chance the price of Ethereum rises. Mysterious.
The Olympics start at the end of July. . . . . . .
Thinking
3 Market Movements- Range, Volatile, Trend.Today , I will be showing the 3 kinds of movement in the market (besides our classic up , down , sideways ) ,how to spot them, and how they tend to intervene with one another.
Range ;
When price is sitting in a range, that means it tends to be moving sideways , usually due to indecision amongst big investors.
I usually don't trade if price is moving in a range, however if you scalp you can catch huge R/R by buying at the bottom and selling at the top.
Trend :
The more safe, slow, and practical market to trade in. When price is moving in a trend, it tends to be moving *smoothly*. What I mean by this
is that while price is respecting the trend, it gradually moves to the desired location. This usually provides decent R/R with decent probability.
Fast Moving/Volatile :
This is the most dangerous market to trade if you're not experienced, knocking SL' clean out. When market is moving very volatile and fast, that's
usually due to more positions being added amongst traders. If you're not on the right side of the tug of war while these positions are being filled, you will suffer.
When price moves fast, it tends to stop fast also. TP' are harder to calculate during these times.
BTC Halfing Quick Thoughts and Routes to $100kOutlined a big triangle, exponential potential path is in green after the halfing. Orange path is another thought, potential big-holder dump zone in my opinion, I'd drop it there to break some spirits. Violet lines are some major fibs, used fib projections from where we are and a bars pattern copy of the last big run superimposed to get $100k.
Let D4 Try Again: Psychology Of A Market Cycle!Hey Friends
This is a re-reupload. I was not allowed to write swear words. I hope you will give IT A BIG LIKE, and support this chart again due to its educational purpose! Thank you, my friends
This is an educational chart about the Psychology of a market cycle. Every market is determined by people's feelings. In this chart I have illustrated how people tend to feel through a market cycle. D4 has used BTCUSD as an example but it applies to every market.
Enjoy!
D4 loves you <3
Please give a BIG like - It really means a lot to me <3
ETHEUR - can it do it?This is s little bit forced analysis (or rather a wish :) but regardless of this.
If we take this as Elliott triangle wave, we would need a touch of resistance somewhere in D and then pullback to E. Is it feasible?
Well, we have 20 days more to reach points D and E, and in the past ETH was able to reach +20% and -43% in 20 days (see "20d" mark before point C). In our case it would have to rise 25% to reach D and then drop 30% to reach E. And then, if there is any justice, we should see breakout through resistance and up we go.
Point E would also mean 61d period, like it was between A and C.
Plus, after Rise 1 we got back to 78% Fib level in Fall 1 and even broke through it.
In Fall 2 we got bellow 61% Fib level and almost touch 78% (so a little bit less).
Could it be that in Fall 3 (if Rise 3 ends in point D), we would close well bellow 50% and touch 61% level?
That would be awesome :) but as I said, this is more of speculation than proper TA based on facts :)