just noticed this and ETH on the monthly just retested it's previous high before the base of the run up, this is common but tested once as a wick earlier. Measured move and I used the fib extension tool 6.18s are yellowed, the base is blue, so a buy are is now, and then the triangle time line is 75 bars measured from the first wick from base trend line to upper trend line. dates back to last bull run on the monthly. Most triangles break out at about 66% so that's 50 bars July 1 from either the top or bottom that's the vertical red line. With RWAs on ETH built projects, some elsewhere but evm and Solana AVAX a front run 9K ETH is really not out or the question almost forgot important indicators rsi trying to turn up volatility hearing up but stich and jewel heading downward some more down may be in store waiting on Hash ribbon BTC indicator on daily to flash a buy middle month new moon maybe crazy but bull full moon is the illuminati of Bitcoin Bat Signal to buy world wide now that's deep lol
1.Head & Shoulders 2.CHOCH 3.Bearish Engulfin 4 1D Resistance
Do you recognize this chart? It is the same chart, a simple chart. Ethereum is giving it all away. What one does, the rest follow. Ethereum is trading at $2,222.22 and the low happened at $1,990. Do you what this means? The bulls are in. Good day, Saturday, moving to Sunday and doing great. I hope you are having a wonderful day today, tomorrow, yesterday now and always. The daily session is full green. (I love Ethereum.) The action is happening at the top of the candle/session, the same for the 2D timeframe which we are using today. This is a simple update. All I need to say is that market conditions stay the same. Bullish. Bullish. Bullish. We are going up next. It takes time, a few days. But a few days means a few hundreds dollars higher. It takes time, a few months. But a few months means several thousands dollars more. It takes time, long-term. Ethereum will be trading above $10,000, maybe even above $20,000 to peak at an astonishing $30K. Wait, what? Yes... Open the doors because we are going up, Cryptocurrency is here to stay. The beginning is over Crypto is now a mature young boy and growing everyday. No longer a baby, no longer a child but soon to become an adult. We are face to face with the biggest growth spur for Crypto; Ethereum and Bitcoin. We are going from childhood to adulthood, acceptance throughout the whole world. This means trillions of dollars worth of market cap. This means a better world. A new means to exchange value. A technology for the future. Money for the new generation. Money for generations to come. In short, Crypto is going up. Ethereum's chart continues to be bullish and current price action indicates consolidation before additional growth. Long-term support remains intact. Any trading above $2,000 is ultra good and bullish. If ETHUSDT ever moves lower, which is hard, this is a great opportunity to buy. If anything drops for a few minutes or for some hours and you have the great opportunity to be present in this event, buy-up and buy fast, because as soon as it drops it will recover the same day. There is no drop. It is going up. Short, mid and long-term. Hopefully, $30,000. Thank you for reading. Namaste.
169 - 175 can be a Good Support Area. Better Financial Results. Should not Break 162 even in Worst Cases. Crossing 180 may lead it towards 190 - 193.
A quick update on Bitcoin, #MARA, and the #Russell2000 liquidity heading into the weekend. #BTC seems to be loosening quickly, with the possibility of some more downside today. Irregular liquidity takes into account differences between lit markets, such as NYSE open hours in the Globex futures, versus the Asian and European markets ironing these out. Time-Layered Liquidity addresses how long liquidity takes to wash through across different time periods.
All of the market obeys Elliott principles by design. At the core of the market is psychology(human nature and logic) and numbers. Psychology is catered for by Elliott Wave and the numbers are catered for by Fibonacci Sequencing. On this chart, you can see Elliott principles being respected. This to me is more than just a theory and should be studied in-depth. I post daily charts on X and you could share your thoughts, queries and ideas @victorkmacharia.
Time frame 1 week. Crypto market dominance to % USDT. I showed this for the first time on 03 2022, nothing has changed since then, everything is the same and the logic is identical. USDT dominance. USDT pumping indicator to the market 03 2022 USDT dominance. Indicator of USDT pumping to and from the market 05 2022 ✔️Stablecoin dominance is falling — the market is growing. ✔️Stablecoin dominance is growing — the market is falling. It cannot be otherwise (capital movement), until the time when ETFs with the US dollar are not massively introduced and popular, they will draw some of the liquidity to themselves. Which will slightly change the logic of this trend itself. Comparable, in terms of impact on the market, as before the introduction of trading pairs to alts/USDT instead of BTC/alts (everyone was like that). Until then, USDT was needed. You need to understand that the main " transitional dollar for the people ", that is, USDT , - reflects the trend of all stablecoins. In particular, the main "competitor" - USDC, all the others (a temporary phenomenon) do not matter. Until USDT exists and can be used to track the direction of the money flow, that is, the direction of the cryptocurrency market. In 2022 09, I also showed this game of liquidity flow into ideas with the combined dominance of USDC + USDT + BTC chart. But this is already a complication, everything is already visible and clear on the dominance of USDT. Domination of USDT + USDC and lows/maxims of BTC. Correlation 2022 09 https://www.tradingview.com/chart/USDT.D/rDwO2P7M-Domination-of-USDT-USDC-and-lows-maxims-of-BTC-Correlation/ Remember, any stablecoin is an alt. The experience with UST (Moon Falling into an Urn) has taught many not to equate stablecoins to a real dollar. The price stability of any stablecoin depends only on people's faith in its stability. This faith is projected by marketing activity, and first of all by the real capital that stands behind the creators. Everything conceived and implemented has a beginning and an end. Bitcoin dominance to alts. I will duplicate my latest idea on Bitcoin dominance here once again. I used it before (it was rational), before 2020 (I used to make a lot of ideas about local zones as triggers for market reversals). Now it doesn't do much. But I see people are fixated on this, not understanding the essence, and why it was so effective before and childishly clear when the market would be reversed (there were no pairs to USDT, but only alts to BTC). Before 2018 (100% efficiency), before 2020 (partial), the dominance of Bitcoin to other alts was such an indicator of the pump/dump of the market. As it was the main direction of money flow. Almost all alts were traded only to Bitcoin. Доминация BTC к альткоинам. Доминация стейблкоинов и памп рынка. 07 2022 https://ru.tradingview.com/chart/BTC.D/TJph7193-dominatsiya-btc-k-albtkoinam-dominatsiya-stejblkoinov-i-pamp-rynka/ Have a plan and understand what you are doing, observing money and risk management. As a result, you will be calm and satisfied with your profit from the market, if you are an adequate person. Alt dominance. And this is the idea of training/work (understanding the reversal zones of the crypto market of secondary trends) in 2023 on alts. That is, the dominance of alts without stablecoins, bitcoin and ether, which take away most of the market capitalization as a whole. The dominance is growing, naturally money is pouring into alta and vice versa. There are also similar ideas (look for publications in 2023) for certain groups of assets. That is, the point is to catch the hype, by groups of candy wrappers or, on the contrary, the threshold of stopping the flow of money into another hype. BTC dominance to altcoins. Dominance of stablecoins and market pump . 07 2022 https://www.tradingview.com/chart/TOTAL3/tSGSNKoH-Altseason-Indicator-Capitalization-excluding-BTC-ETH-USDT-USDC/ Without pain, there is no way for someone to gain benefits in the speculative market. Who will experience pain and who will gain benefits depends only on the qualities of the person who decided to engage in trading. That is, the totality of his positive/negative qualities that project his actions in the market. Everything is extremely simple and honest. Dollar Index. There are a series of interrelated ideas (three, detailed explanation), about the dollar index, that is, the larger cyclicality of the markets in general, and the crypto market as a small projection. Also, all publications of 2022-2023. DXY Dollar Index USA. Recession and Pump/Dump Market Indicator 09 2022 https://ru.tradingview.com/chart/DXY/Ne0UKqU3-dxy-indeks-dollara-usa-indikator-retsessij-i-pamp-damp-rynkov/ DXY (Dollar Index) and Pump/Dump BTC. Market Cycles . 09 2022 https://www.tradingview.com/chart/DXY/gqHshtPN-DXY-Dollar-Index-and-Pamp-Dump-BTC-Markets-Cycles/
Here we have SMCI on the hourly chart, we recently just had a bearish cross over with the 200 SMA crossing over the 50 SMA. Price was consolidating and then broke out of the downward parallel channel but if price does not overcome the 39.16 price, we might see some lower prices for SMCI. Please see chart for key levels
Gave yall this AMAZING Fibonacci Setup 2 weeks ago Drop a like and Ill share the next buy setup!
SUI at Buy Zone. I'm starting to take longs here and adding on with trend reversal confirmations.