Mohamed3nan

Mohamed3nan

Hello friends, A quick follow-up to my previous BTC dominance analysis! Remember when we talked about BTC at 54% and said 58% could be next? Well, look where we are now - 60% dominance! Everything played out exactly as discussed. What this means: - We're deep in the "Alts Bleeding" phase - The 50% danger zone is far behind us - That 54% resistance?...

Mohamed3nan

Hello friends, In late 2021, Ethereum ( BINANCE:ETHUSDT ) reached an all-time high of approximately $4,900 before experiencing a significant correction, dropping around 80% to a low of $880. Since that dip, ETH has been consistently making higher highs and higher lows, suggesting a potential long-term bullish trend. I'm focusing on these key levels as important...

Mohamed3nan

Hello friends, Bitcoin (BTC) has experienced significant price fluctuations over the past few years. As we analyze the chart, we aim to provide a detailed outlook for BTC in the next three months using technical analysis tools such as Bollinger Bands and Pivot Points. Technical Analysis: Bollinger Bands : Middle Band (58,000): Currently acts as a potential...

Mohamed3nan

Hello friends, Just wanted to share that Bitcoin (BTC) is taking over the market again! I've talked before about how when BTC takes more than half of the market (50% dominance), it's usually not a great time for other cryptocurrencies (altcoins). You can see what I said here: When BTC's share is under 50%, altcoins often do well, and you might see them...

Mohamed3nan

Hello investors, In the realm of Elliott Wave Theory, the third wave is often the most pronounced and significant, marking a robust move that aligns with the primary market trend. This phase comes after a period of consolidation in the second wave and is critical for traders, as it often yields considerable returns, with a need for careful trading...

Mohamed3nan

Hello friends, ---------------- The current levels of THORChain present an interesting opportunity for both long-term investors and swing traders. It's consolidating around 1.1$ level and showing positive signals at this level. As of now, it trades at 1.18$ For those looking to enter a position: I recommend a Dollar-Cost Averaging (DCA) strategy while setting...

Mohamed3nan

Hello friends! I'd like to share my thoughts on Ethereum's mid-term outlook, focusing on key levels that could determine the direction of the market. For a bullish scenario to remain valid, it's crucial that the support level at around 1600 remains untouched. Maintaining this level will be essential for Ethereum's upward momentum. Looking ahead, I anticipate a...

Mohamed3nan

Hello friends,, ----------------- BTC dominance is getting strong with time. IMO, While BTC dominance is below 50, it is safe to engage in some ALTs trading. The dangerous zone is above 50. ----------------- GL

Mohamed3nan

Hello Friends! ---------------- IMO we are ranging between 22500 and 23300 in the short-term ---------------- So here is my current view: First Scenario - Short: Initial Target: 21700 Entry: 23300 Stoploss: 23700 Then: Second Scenario - Long: Initial Target: 25000 Entry: 21700 Stoploss: 21000 ---------------- NFA DYOR ---------------- Good Luck!

Mohamed3nan

Hello Friends! ---------------- Six months Pivot Point at ~ 19000 One year Pivot Point at ~ 26700 ---------------- First Scenario - Long: Initial Target: 38000 Entry: 21000 Stoploss: 19000 Second Scenario - Short: Initial Target: 13000 Entry: 19000 Stoploss: 21000 ---------------- Take into consideration: Psychological Resistance at 25000 Psychological...

Mohamed3nan

The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. It's Top-level domain name ".eth" ------ Key resistance zone to start the run around 17-18, then 25. Consolidation around 25 zone will take us to the ATH. ------ NFA/DYOR.

Mohamed3nan

What Is a Rounding Bottom? A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. This pattern's time frame can vary from several weeks to several...

Mohamed3nan Updated 

THORChain - Decentralized Liquidity Network Mid-Term Bullish Scenario ! If things go well for Alts, then this wave should be very profitable.. The gray zone is a solid resistance, once this level broke, it will fly. (Chart is in Log Scale). NFA/DYOR.

Mohamed3nan

Hello Friends,, The United States Dollar looks very strong against the Egyptian Pound. We are so close to the Historical High (19.80 EGP), This will act as a resistance. Once this resistance penetrated, The Turkish lira crisis will be so possible. There are a lot of differences between both countries' economics, So here we are talking about charts and numbers only.

Mohamed3nan

Hello friends,, One of the simplest indicators for Alts is Bitcoin Dominance. In general: 📈 BTC Dominance and MarketCap Relation📉: - Increasing BTC dominance & decreasing Marketcap --> Alts heavy dump, BTC down. - Increasing BTC dominance & increasing Marketcap --> BTC faster growth, Alts 5-10% Changes. - Decreasing BTC dominance and decreasing Marketcap --> BTC...

Mohamed3nan Updated 

NEAR Protocol Bullish Scenario, If things go well for Alts, then this wave should be very profitable.. (Chart is in Log Scale)

Mohamed3nan Updated 

Target 70 USDT NOT a financial advice

Mohamed3nan Updated 

Bearish Scenario on BTCUSDT