ETH Secondary trend. Channel. Potential triangle. 25 12 24

Dec 24, 2024

Logarithm. Time frame 3 days.

With altcoins (overflow of profits from bitcoin, now) along with XRP this is asset #1 for pumping, the reason for this is liquidity, which is extremely necessary for large capital. The average price of 1 distribution zone is conditionally 10 thousand. These are not the maximums of the cycle.

When the price lingers in this zone and there is a massive positive news background, all L2 assets, which are now in their accumulation zones, or in retests of breakout zones, will "fly" to super pumps (this is what it is). In percentage terms, they will show an order of magnitude greater profit in their distribution zones. Remember, as a rule, such assets (low liquidity) are first pumped by an aggressive pump (to leave in parts, without regret) by a huge %, and only then is a distribution zone formed on a rollback (channel, triangle ...) (hope for a huge profit on the continuation of the pump).

This idea is a continuation of this idea (which I can't update) of a secondary trend, the goals of which have been achieved with utmost precision:
ETH/USD Secondary trend. Bullish triangle. Breakout. Target 96% 11 11 2023

It is worth noting that now in the news background: "ether is bad", huge fake short positions for the news background. Many crypto media personalities speak negatively about the “prospects” of this very promising cryptocurrency of the “American” (Jewish) transnational financial conglomerate JPMorgan Chase (size of depository assets — $ 32.4 trillion, size of assets under administration — $ 7.7 trillion, etc.). What kind of lack of prospects can we talk about??

If they “stink” a lot to create public opinion, then there is probably an interested party in this. That is, it is worth doing everything the opposite of what they want to inspire, and as a result, tilt supply/demand in a favorable direction, which, as a rule, is always unprofitable for most market participants.

If you are an investor, then buy at any price (you can use martingale in parts, or place trigger orders for a breakthrough of important zones), and do not be interested in the opinion of the majority (meaningless market noise) and the news background (manipulation, deception). Sell ​​in the distribution zone (time is known in advance when, 2 zones) with a huge profit, as for a liquid trading instrument.

If you are a small investor or trader, then pay attention to the L2 group of assets and ETC (big pump “stick”), and use ETH itself as an indicator of “when”.

Also, the idea shows an unlikely scenario, or rather two scenarios. Consider this in your risk management.

The idea of ​​​​the main trend, published several years ago. Which, of course, is still relevant now. Everything develops organically, and extremely precisely according to plan.

ETH/USD Main trend Pump/dump cycles. Accumulation/Distribution 8 09 2022

Trend in general for clarity now.


locally this potential triangle (it doesn't exist yet) looks like this.

Dec 28, 2024

Note

even more under the microscope key local levels and the price clamping in this trend-forming range, which will form this more probable exit pattern.

Dec 28, 2024

Note

📊 This (for the market as a whole) can be said to be almost (if there is no long stop loss collection) the last chance (if a less probable scenario is not realized) to gain positions.

🤔 If you doubt something, work from the average price and exceed the risks, especially regarding the margin. Although I understand that my words repeated dozens of times the same (emphasis of attention) always fly in one ear, until the time when it is already too late or painful...