Looking to take advantage of the higher volatility in the bitcoin family, buy Feb ether 24736 limit, stop at 23003
The CME GAP is finally filled, but I am still concerned about the RSI hidden bearish divergence on the weekly chart.
One of our #ETH TARGETS has been hit. The Gap is FILLED! CRYPTOCAP:ETH doesn't look as bad as CRYPTOCAP:BTC but it is weakening. Keep an eye on #Ethereum volume. Very important short term. As we've been saying for some time now, #ETF , or institutions, are NOT what #crypto is about & makes it easier to manipulate #crypto. It is what it is now. On ETF...
CRYPTOCAP:ETH has been hovering around Major Resistance for some time and it has certainly held well. There's a tiny downtrend but this can easily be broken today & on HEAVY VOLUME. #ETH RSI & $ Flow are looking petty good, not bad at all. 1st target called long ago was 2300. Next target is the Gap fill and that sits around 25-2600. Then the final target...
I am leaning more toward the idea that it is a bearish consolidation because we just closed the gap. Since things are likely more apparent with ETH, we can correlate it to Bitcoin when bullish ETF hype is still kicking. ETH I will be a buyer at 1700K$ levels Right now, my position with ETH and BTC is derisked.
Battle happening with CRYPTOCAP:ETH at the moment. #ETH pumps but it cannot hold them. CRYPTOCAP:ETH is really struggling @ major resistance. Recently it did break the uptrend and bounced back above. As of now it's under it again and in the middle of an intraday downtrend. #ETH RSI & $ FLOW peaked in mid November & have formed negative divergence since then...
I'm not sure about what the first quarter of the year will bring, but I would like to see a bullish response towards the weekly gap. If I'm correct, we are in the 2nd re-accumulation stage of a Market Maker model on the 1D timeframe, so the price should make a strong upward move. In case the idea is invalidated, I'll be looking at the sell-side liquidity below...
CRYPTOCAP:ETH is breaking down at the moment. Currently, it is testing the Green Moving Avg support area. #ETH has NOT traded under the Green average since Oct 23. RSI doesn't look very good but it also looked strong before & didn't pump much. So it may weaken but reverse. We'll see. Weekly does show hope HOWEVER, #Ethereum may get a lil ugly before it gets better.
In my opinion we fill all these gaps before we go up. Make sure you have enough cash to buy Eth at 1100 USD. Do not get trapped in the market's sentiment. Buy the fear sell the greed. Cheers
Ethereum futures (ETH) have showcased robust performance this year, marking an impressive gain of over 80% year-to-date, albeit trailing behind Bitcoin (BTC) with its remarkable surge of over 130%. However, this lag may present a compelling opportunity for ETH as a catch-up trade. In the realm of cryptocurrency fundamentals, Ethereum distinguishes itself with a...
False breakout to above 2100, likely to revisit previous key zone to test support
CRYPTOCAP:ETH on the other hand has the LOWEST amount of shorts in a LONG TIME!!! Daily it looks like $BTC. At least in the sense that it wants to push a little bit higher. #ETH targets are in the 2500-2600 & 3k area. IF #ethereum can break above the Major Resistance right above, 2300ish area, it's off to the races!! #crypto
buy ETHR futures ( ehtrium ) at 17770, stop 16280 Entered yesterday.
CME: Micro ETH Futures ( CME:MET1! ), Micro BTC Futures ( CME:MBT1! ) On March 29th, I published this trade idea: “Crypto Staged a Strong Comeback in Q1.” At the time, bitcoin was quoted $28,348, up $11,800 or +71.3% year-to-date. The main driver was flight-to-safety when a series of US bank failures shocked the financial markets. On July 17th, I published a...
In this update we review the recent price action in the Ethereum futures contract and identify the next high probability trading opportunity and price objectives to target PAST PERFORMANCE NOT INDICATIVE OF FUTURE RESULTS
Eth is now trending in a new range. This range is created from the 2 CME gaps. An extreme PvP market. All later positions get squeezed out by 5 to 10% rips and dips. Retail trading volume is low compared to last 2 years. Low liquidity means more hunting for exchanges.
Will be looking for the RSI MA to trend towards 30. Timeline maybe off, Setup does not account for black swan event.