Sorting ETC Now Ethereum Classic has no business at it's current price as profits are taken it is going to dump massively. This is my plan. Risk to reward is incredible on this opportunity. Let's send it where it belongs. Shorting Ethereum Classic seems like the logical thing to do. I am not using leverage but if you do don't go over 3x unless you know exactly what you are doing. I might add leverage to the position later to pull some capital out of the trade but that would be the only reason I used leverage on it. I am risking 3.3% of my account on this trade. 0 Leverage to start.
Best of luck and hope someone is able to make something off this. I know there are many hurting right now and the only reason I am sharing some of my trades.
Not Financial Advice but this is: Never Risk more then you can afford to lose and never risk more then 3-5% of your capital on any one trade. That is with no leverage. Technically that isn't financial advice either just good capital preservation.
Bottom
Can eth trigger its triple bottom?It needs to stay above this horizontal yellow line. One way to secure doing that is to flip the orange 1 day 50ma to solid support..I wouldn’t get to excited about this triple bottom validating until it can hold the 50ma as strong support. Once it does we have room for some significant upside as you can see here on the measured move target. *not financial advice*
Nice spot for a bounce on crypto marketThe crypto market has been in consolidation mode for a month since the big break down of mid june. Price perfectly held the retest of 2017's ATH.
Now the whole crypto market broke up this consolidation and is currently retesting it.
If you think the bottom is in and you would like to be long on this market, it's currently a nice area to enter position.
Keep it simple, use horizontals.
Thanks !
BTCUSD weekly (26/07/2022):
In this logarithmic scale analysis of the BTC/USD pair in BITSMAP, where the trajectory of these fluctuations since their incorporation together with the blockchain in the market is found, we are going to analyze possible key trend changes previously as well as the high probability of having reached a theoretical absolute background.
Mainly we understand on a macro or weekly scale in bitcoin certain bearish patterns of change in trend, we have two similarities in the funds generated in previous cycles and transferred to the current one. In addition, we understand the importance of a Wyckoff change pattern as well as its phases that will be explained in later analyses.
We must pay attention to the minimum areas of the RSI around 25 points. The break of the moving average of 200 periods consolidating under it a brief temporary interval. And finally the gauge cluster pressure zones in the Phoenix Ascending indicated in red.
All this warns us of wonderful long-term Bitcoin buy zones and for Holdeo, with a well-measured key strategy.
Geopolitical uncertainty has yet to give traditional markets great fear scares due to the non-existent supply of cheap gas and the inefficient and insufficient production of electrical energy by Europe.
For winter, major energy crises will be approaching, reflected in the S&P and the NASDAQ as well as the large global markets.
From this humble channel we recommend mainly Europeans or, as in my case, Spaniards, to opt for self-sufficiency in renewable energies, solar or mini-wind self-consumption.
As well as using good analysis to support the prosperous and future growth of certain sectors such as blockchain, energy, minerals or digital tools.
In this logarithmic scale analysis of the BTC/USD pair in BITSMAP, where the trajectory of these fluctuations since their incorporation together with the blockchain in the market is found, we are going to analyze possible key trend changes previously as well as the high probability of having reached a theoretical absolute background.
Mainly we understand on a macro or weekly scale in bitcoin certain bearish patterns of change in trend, we have two similarities in the funds generated in previous cycles and transferred to the current one. In addition, we understand the importance of a Wyckoff change pattern as well as its phases that will be explained in later analyses.
We must pay attention to the minimum areas of the RSI around 25 points. The break of the moving average of 200 periods consolidating under it a brief temporary interval. And finally the gauge cluster pressure zones in the Phoenix Ascending indicated in red.
All this warns us of wonderful long-term Bitcoin buy zones and for Holdeo, with a well-measured key strategy.
Geopolitical uncertainty has yet to give traditional markets great fear scares due to the non-existent supply of cheap gas and the inefficient and insufficient production of electrical energy by Europe.
For winter, major energy crises will be approaching, reflected in the S&P and the NASDAQ as well as the large global markets.
From this humble channel we recommend mainly Europeans or, as in my case, Spaniards, to opt for self-sufficiency in renewable energies, solar or mini-wind self-consumption.
As well as using good analysis to support the prosperous and future growth of certain sectors such as blockchain, energy, minerals or digital tools.
A pleasure as always to share my knowledge through this small channel and I hope you enjoy a wonderful week.
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:
En este análisis en escala logarítmica del par BTC/USD en BITSMAP, donde se halla el recorrido de dichas fluctuaciones desde su incorporación junto a la blockchain en el mercado, vamos a analizar posibles cambios tendenciales clave anteriormente así como la probabilidad alta de haber alcanzado un fondo absoluto teórico.
Principalmente comprendemos a escala macro o semanal en bitcoin ciertos patrones bajistas de cambio de tendencia, tenemos dos similitudes en los fondos generados en los anteriores ciclos y trasladados al actual. Además comprendemos la importancia de un patrón de cambio Wyckoff así como sus fases que se explicarán en posteriores análisis.
Debemos prestar atención a las zonas mínimas del RSI entorno a los 25 puntos. La rotura de la media móvil de 200 periodos consolidando bajo esta un breve intervalo temporal. Y finalmente las zonas de presión del conjunto de indicadores en el Phoenix Ascending indicadas en rojo.
Todo esto nos advierte de zonas maravillosas de compra de Bitcoin a largo plazo y para Holdeo, con una estrategia clave bien medida. La incertidumbre geopolítica aún tiene que dar grandes sustos de miedo a los mercados tradicionales por el suministro inexistente de gas barato y la producción ineficiente e insuficiente de energía eléctrica por parte de Europa. Para invierno se acercarán crisis energéticas grandes reflejadas en el S&P y la NASDAQ asi como los grandes mercados globales.
Desde este humilde canal les recomendamos principalmente a europeos o como en mi caso Españoles optar por la autosuficiencia de energías renovables, autoconsumo solar o miniéolicas. Así como utilizar buenos análisis para fundamentar el prospero y futuro crecimiento de ciertos sectores como blockchain, energías, minerales o herramientas digitales.
Un placer como siempre compartir mi conocimiento por este pequeño canal y espero que disfrutéis de una maravillosa semana.
BCHUSDT is creating a rounded bottomThe price is creating a rounded bottom below the weekly resistance at 133$.
Now the market is creating a bullflag below it and the price is getting new liquidity from the 0.382 Fibonacci level.
How to approach it?
IF the price is going to have a breakout from the daily and weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐
Timing Indicates Crypto and BTC bottom #3 I can hear your comments now "messy charting" etc. this is my proprietary pentagrams and pyramidS TA I used to call bottom on July 20 2021, BEFORE BTC went back above $30,000!! This corroborates with my other 2 posted charts! October 7 ish $77,000 ish !! ERC-20 tips accepted at 0x8aC6A06463733eA4A78B1C5Ee6E5446499f579F9.
BTC ! Am I right about BTC bottomI'm looking at monthly timeframe. As I told you earlier BTC has already bottomed based on history data. I'm very confident about it and this analysis proves my previous posts which shows BTC bottomed at 17.5K on 18.06.2022. You can find my other analyses about BTC bottom bellow this one. So in every bear market bottom these 3 things happens simultaneously, only 3 times in the whole history))
If you like my analyses don't forget to like a follow.
The bottom will be printed this week; it will be 16k? 300 WMA?1 - every Fed meeting with hike increase did a 33% dump (could it be priced in?)
2 - RSI doesnt show any bullish divergence yet
3 - 1D RSI shows FOMO and correction due
4 - HS pattern on indicator
5 - there will be no Fed meetings for 2 months
the divergence printed during this dump will mark the bottom of BTC.
APE/USDAnother view huge vol jump signal a turnaround get in at the bottom. This is where the money is made. Buy the dip this is no dip it is the bottom.
Bitcoin Reversal Criteria and SignalsOne condition which could indicate a reversal is the dmi - (red line) reaching the 40 line (purple horizontal line) on the 5 day time frame. Looking at the history of dmi, the dmi - reaching the 40 line/level has been indicative of the bottom being in. Nov 2018, March 2020, both bottoms coincided with the dmi - reaching this level. While it's not necessary, this is one of the signs I'm looking for. It doesn't mean btc price will rocket to the moon straight away once that level's hit, what would be another good sign, following that level getting hit, would be the dmi + and dmi - (blue and red lines) crossing, and then both remaining close, flat, crisscrossing one another for a few weeks, or months. That would be accompanied by the flat price action which often precedes a reversal, not unlike after the low was put in in Nov 2018...it took a while.
⚡️ #BTC OUTLOOK - 19/07⚡️⚡️ #BTC OUTLOOK - 19/07⚡️
60:40
Bullish: Bearish
Been keeping an eye on the Pi Cycle Indicator recently and it looks like the bottom has come in. This thing has called a perfect top consistently.
Like with all TA and Indicators nothing works 100% of the time....but so far this has worked 100% of the time.....so as always in trading probability is pretty much your only companion.
Check this one out - it is a free indicator on Tradingview search "Pi Cycle Bitcoin High/Low" by NoCreditsLeft - give it a like too for making an awesome tool!
Coupled with the timing between the halving's and also a big buy signal on the Alpha Wave on the Weekly we could be looking at a potential bottom.
Excitingly also S&P500 showing buying pressure
🔸 S&P500 corporate insiders are in the heavy buying zone.
🔸 This has historically led to very attractive returns in a 6-12 month time frame.
BTC is and has been correlated with the S&P - so this will likely spill into BTC. Very promising signs
*Data not verified so please DYOR
EUR/SEK potential bottomRight now EUR/SEK is trading at strong support, which goes in line with Fibonacci and Volume Profile indicators. As long as daily close remains above this support area, we should see the formation of the bottom. Potentially, this is the beginning of a medium-term rally, towards 127.2% Fibs
Btc Bottom? Elliot wave analysis of bitcoinAccording to my analysis btc complete elliot wave and correction pattern and it is ready to start it next bull run. It is the best opportunity to long term trade.
You can also check that rsi macd and stochastics all are giving the early bottom signal
Please do your own reasearch it is not a trading advice just idea
Longterm Bitcoin ChartWhile I'm looking for dmi - to reach certain extremes before I feel comfortable claiming reversal is imminent, this old chart implies we could have already tagged the bottom. There's the caveat of the dmi, and if there is another drop, I'd think it would be around ...maybe the 21st, give or take a day. I don't think you're supposed to try to time it cuz you end up looking foolish, I guess. Maybe btc hits 24k first, and if it breaks that...might just be green light to 30k.
We are currently in a bear pennant. Bottom very near. We are currently in a bear pennant. The total breakdown for the pennant has a target of 5k…if we just take the triangle part the breakdown is 14k….I think we go slightly below 14k then find our bottom aroun 13.7-13.9k Before the rebound. Of course there is also a slight chance we’ve found our bottom already in which case it will just break upwards instead of down. *not financial advice*