Looks like Ethereum is trying to form double bottom. I long it with small size and small leverage. (no advice)
Just up & HODL to the green belt, Buy the golden dip brick by brick, Buckle up to the ...... moon, No exit strategy just get some bloody red tips!
Ya, umm what to say? What to say? Agree or disagree you likely are still simply going to see another 80% dump or more. Extremely amusing to watch a familiar pattern of behavior repeated one Cryptos now on Meme stocks. So! A repeat of (FILUSD, DOGEUSD, ETCUSD) & More than I can keep up with? Oh and if I didn't make myself clear now I will take the opportunity...
Taken out of first trade for a B.E. Remember you wont win them all. Partial profits taken again on my 2nd trade as we could fill the 15min imbalance and have a rejection. Equal highs of liquidity above. I will be targeting these. We are in a down trend on all higher time frames. We have to be mindful of this. I entered on the 1min TF. Stay consistent and trade...
If this Bitcoin bull market continue (that's i believe) i think we can see another capitulation in Doge and after this again FOMO into it and go to $1 or beyond. Sound ridiculous but why not?
this one will give min. 300% - more likely 500% load you bags
1. Ethereum becomes really really soon deflationary 2. Ethereum moves from PoW to PoS 3. The idea of introducing smart contracts on l2 (btc) weakens the principle of Decentralization. Keep it real on l1, this is probably what satoshi would have said too 4. Institutions are increasingly interested in ETH because, in addition to a storage of value, it offers other...
Watching for something like this
TSLA is currently oversold on the RSI and bounced off support and trend line TP1: 698.75 TP2: 782.00 TP3: 900.00 TP4: OPEN Stop Loss: 593
It's pretty obvious bitcoin is returning to the "mean" of the moving average. I personally believe it will either bounce off the MA and do a bullish MACD cross, or it will fall past the MA, test 27k- then resume bullish narrative. This is the best time to dollar cost average and accumulate coins, simply because the more we go sideways; The bigger the RUN!
From a chart perspective, ETH has various support lines between 1950-1725 that provide support for it to maintain its long-term position in the rising triangle. If the London update is finalised on 04 August this year, and ETH becomes finally deflatinonary, I expect a new ATH in the medium term before the end of the year. SL: -1725 -1890 -1951
Reasons why I am bullish on this trade: * TLM/USDT is testing 0.618 Fibonacci retracement. * Bullish Moving Averages. * RSI divergence * Ascending Channel Buying zone: $0.1037 - $0.1104 Targets: 1 - $0.1350 (+24%) 2 - $0.1575 (+45.5%) 3 - $0.1666 (+54%) 4 - $0.19 (+76%) Stop Loss: $0.095 (-12%)
I believe ETH can do something like this in next few months. No financial advice.
First a bit more down to 31.5 - 32.5k zone. Then up to 36k - 37k zone. Then DUMPENING to around 19.5K - 20.5K Zone. Long Consolidation. Then HEAVY MOOOOON UP UP UP UP ! I am the BTC Seer and I see what BTC will do.
Although the left is on a more clear uptrend than the current, the fractal has a very similar price action amongst other things. Bitcoin is more than likely early to the proper euphoric bull market cycle, and perhaps this is the fractal that helps illustrate that timeframe MACD was starting to turn around, but perhaps there's one more dip that plays out...
So, i hope every moon boy will like it, i invert this BTC chart and change the color. so you can see BTC mooning. love ya folks. enjoy, i'm holding my bags of short from 34154, see you in this inverted moon
Price tested broken trendline... this should hold... we need time to consolidate and whales will accumulate for some time.. after that i am expecting another leg up... patience is the key... don't forget :) cheers guys This is not a financial advice... i am posting it only for educational purpose.