ETHUSDT - DUMP before the PUMP 📉📈Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
A quick look at potential short term price action for Ethereum / ETHUSDT . There could be a chance for a quick swing trade here.
In this video, I briefly discuss the technique I use to get to the short term price target - the 20d Moving Average. This technique involves using Bollinger Bands with Fibonacci Retracement lines and multiple indicator Phoenix Ascending which contains the LSMA, RSI and EMA.
This video is my short term prediction for ETHUSD. However, from a macro perspective, I believe that we are currently in the market cycle of accumulation. This is according to the Wyckoff Method market phases. The four phases of the market cycle are accumulation, markup, distribution, and markdown. During the accumulation phase, a new cycle begins that generates a trading range. This often creates a strong resistance zone / failure point / spring . This is the precursor to another bull cycle, but it can last an extended period of time. The final moments of this phase will attract algorithm trading driven stop hunting , often observed near downtrend lows, where price drops just underneath key support and then triggers a sell-off. This is followed by a recovery wave that lifts the price back above support.
Incase you missed it - What Is Stop Hunt ?
Stop hunting is a strategy that attempts to force traders out of their positions by driving the price of an asset to a level where many people have chosen to set stop-loss orders. The triggering of many stop losses at once typically creates high volatility and this is often very obvious during the accumulation phase of the Wyckoff Method. This implies that there may be volatility during this phase as the price constantly rises and falls. If we take all of the above into consideration, Ethereum can still drop and increase (within a range) multiple times until a clear bottom is established and the next markup phase / bull cycle starts. This makes for a great time to accumulate, and even do a few swing trades with relatively low risk.
Also check out this related idea on Cardano / ADAUSDT :
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Ethereum (Cryptocurrency)
ETH - Detailed Video Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for ETH.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
ETHEREUM - PRICE ACTION UPDATE - Topping Process Complete?In this video I go over the potential for a reversal to the downside and continuation of the down trend.
I cover the current correction having potentially having come to an end.
I also touch on the larger structure which is unfolding and provide some probabilities.
As I have mentioned in the other videos I have just released I am tracking 4 different cryptos.
I am getting a sense for the types of moves we can expect ahead due to the different ways these cryptos are moving.
The waves that they each create gives a very small clue as to whether moves will be extended or be followed by more bear market rallies.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
ETHUSD - Quick scalp buyI personally enjoyed this trading session. Risking 2% to make a total of 8% seems like a solid return on investment for me.
ANALYSIS BREAKDOWN: initial change of character matierialised, followed by multiple breaks of structure to the upside. Price kept eliminating supply and reacting to key low timeframe demand zone.
ETHEREUM - PRICE ACTION UPDATE - Price Has Hit Resistance.Just another update on what is happening with Ethereum since yesterday.
We did not see any follow through to the upside and instead we have seen a breakdown out of a rising channel.
I think it is wise to mention that the main trend is to the downside so trading bear market rallies can be risky.
At this stage if price continues lower and cannot break back into the channel then I would expect prices to fall further.
I have been starting to see news headlines saying that some Cryptos are bouncing, I take the opposite view when I see type of articles.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
ETHEREUM - Looks Like Another Pump Ahead!Following on from my previous Ethereum investigation video, there is now evidence of a further pump to the upside.
In that previous video I said that if we break below a certain level then we go lower.
That never happened.
In this video I explain why now the price of Ethereum could pump even higher and what to expect.
Remember to trade cautiously and check out my website if you want to know how to read the waves yourself.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
ETHEREUM - A Deep Look Inside The Waves.As mentioned in the video I haven't really posted much about Ethereum because I have been thinking long and hard about the pattern.
It is all starting to make a bit more sense now given that we are in this bear market.
As the waves evolve I start to see things in a different light because every wave provides a clue about the future.
This is the first true deep look at Ethereum rom an AriasWave perspective.
No doubt Ethereum is an amazingly game changing revolution but it is still just another chart that needs understanding.
In this video I give you my take on what could be potentially be ahead for ETH.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
Market Review and Key levels to watch on major marketsThe Morning Jumpstart Weekly Review 11/07/22...key levels to watch on major markets for the coming week!!
Cryptocurrencies remain under pressure while share markets bounce but remain in their daily downtrends. Bulls will be looking for major share indexes to base and provide buying opportunities into earnings although bulls will focus on guidance as interest rates rise.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
ETH/USD Multi-Timeframe analysis - update !!!Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
Bitcoin ranginghasn't gotten a good 3rd wave extension like some of the altcoins have. if we do see a reversal, MATIC looks like a good potential for a short.
overall market has been pumping and has gotten into a zone that could be a C top.
Still bearish at this point, but not a whole lot has changed in macro
not financial advice
BTC, ETH, CEL, DOGE, SOL, ICP I want to see BTC Start the new week candle slightly above or around $22,300.
What I am looking for going into this Sunday's candle for BTC and what I want to see in these other coins for places to enter. I also looked at some other things regarding these coins. Probably not that useful for the things that have already happen for people that do not use my indicators to trade, but as always to those that do it is pretty straight forward and simple.
Indexes and Cryptos under the pump so where to for markets now?The Morning Jumpstart Weekly Review 20/06/22...key levels to watch on major markets for the coming week!!
Cryptocurrencies remain under pressure and I expect that things will get worse before they potentially get better as we see cracks appearing in the underlying fundamentals of the asset class. Solana is taking an unprecedented step of freezing a large account that goes against the idea of a decentralised exchanges...and will potentially trigger shockwaves in the crypto space. Major share market Indexes are heading lower as traders unwind risk assets in the face of raising interest rates and continued high inflation.
The general trend for major Indexes remains down with the the USD in the driving seat....continuing to be careful into shares as prices could continue the trend lower.
Markets covered
US - DOW, Nasdaq and SP500
Europe - DAX and FTSE100
Asia - Hang Seng, ASX200 and Nikkei
FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY
Commodities - GOLD , Oil and Copper
Crypto - Bitcoin and Ethereum
Crypto Has Returned To 2017 Levels (Part 1) Decided to record a new video. Ultimately I want to try out Youtube, though I'm also just happy posting on this platform. The 20 minute limit is a little difficult, so this often warrants a part 2.
In this video, I discuss recent market movements and describe a couple of medium-term possibilities. I go a little bit into why I am not particularly bullish longer term on cryptocurrencies in their current state, but much of that reasoning can be found on my written posts.
I also talk a little about Litecoin, since its moves have been a little interesting recently.
As always, this is meant for speculation and entertainment only, not financial advice!
If you would like to be notified of ongoing updates, please reach out to me and I'll add you to my mailing list.
-Victor Cobra
BTC & ETH Close To A Bottom - What To Look For
MartyBoots here. I have been trading for 16 years and I am here to share my ideas with you to help the Crypto space.
IF THIS PLAYS OUT THE LOWS IN ALTS ARE ALMOST IN
There is a chance that ETH and BTC are close to a bottom and we in CryptoCheck intend to be prepared for it
Many ALTs are also close to a bottom and starting to get good for accumulation
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If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading . Have a look at the link below
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