I am closely watching BTC and ETH for the run-up in 2024. I prefer to invest my money into ETH and stake for Steth or ETH rewards from Lido or Gemini. Currently, look at new targets at 1.618 for both charts. This is the beginning of the real upside before seeing any downside. Accumulating ETH at these levels. No one is watching Ethereum as much as BTC and some...
ETH/USD has been performing very well with BTC. In relation to the bullish continuation, ETH has tested its strong support at $4000 and looks to continue to higher targets. I am looking at $5000 and above $6000 by end of the year or early next year. I am also anticipating a large correction at the end of wave 5 which may trigger the start of the bear market. I am...
BTC/USD 3Day Time Frame. Looking for a short correction to the 0.618 with Valkyrie Bitcoin Strategy ETF as a catalyst to the bullrun or short term correction if rejected. NVT looks prime to continue higher and when looking at the weekly, momentum looks it will continue to go up as a trend.
BTC/USD 16H Time Frame. BTC is about to test a resistance and break through 1.618 with target 2.618. BTC last support hold at 40k is higher than the previous drop of 30k showing a confirmed trend break and continuation to the top. Most likely we are going to see new highs with this continuation trend. It may be helpful to see if altcoins are going to be...
BTC/USD 8 Hour time frame. It looks like BTC is looking pretty bullish after a strong 40k support hold. This is most likely going to lead to new highs in the upcoming months. I would look into Stock to Flow that is related to the scarcity of Bitcoin and its demand. There is a good medium article by PlanB with statistical analysis that fits 99%. Here are new...
ETH/USD 8H timeframe. ETH/USD is looking great if it holds the latest support. If price action breaks above 1.618 we are looking at target 2.618. Currently ETH is testing its support and holding pretty well. Right now I am looking at BTC movement and support holds to determine the trend of the entire market. At the moment, price action is quietly testing support...
ETH/USD Golden Cross Daily Time Frame. 50 MA Red 200 MA Yellow The golden cross on the daily time frame usually indicated a bullish run for weeks to months on end. Ethereum seems to have reached its Golden Cross a lot earlier than BTC/USD being that it has higher volatility than BTC. ETH in 4 years time can easily 3-4x your holdings though not financial advice....
BTC/USD Daily Time Frame Golden Cross. Red 50 EMA Yellow 200 EMA The 50 crossing over the 200 to the upside is considered the Golden Cross where we will see a long term bullish run. The opposite is called a death cross when 50 crosses over 200. This could be done for both EMA and MA. I am looking at the Daily time frame because any crosses on the higher time...
QNT is looking bullish on the 15 minute time frame. It is riding in the overbought area but it looks like yet to break the 80RSI. This will continue to the upside but I am not sure for how long. BTC and ETH remains to be bearish or moving sideways and QNT seems unaffected.
I am updating my part 1 of QNT/USDT from a couple hours ago. It looks like QNT has reached the 2.618 but still remains bullish. It looks like it may continue to go up further as time goes by. The first analysis saw a bullish pennant indicating a bullish continuation. The yellow line is how far the price is willing to move based on the shape of the bullish...
I am looking at the 1 hour time frame for QNT/USDT. It looks like a bullish pennant and if it breaks the the top side, we can expect a small bounce back to the top of the triangle for support and continuation to the upside as long as the entire market remains bullish. The yellow line is the length of which how far the price can move forward once it breaks...
Ethereum has not popped and looking pretty weak for a potential continuation to the bottom. Until I see a break of its previous highs the trend will remain bearish. Right now it looks like it is moving sideways for consolidation and no signals to a bullish continuation yet.
RAY is looking bullish on the 24 minute time frame. I would keep an eye out for all Solana shitcoin ecosystem. This coin is something I own for the SRM-Ray Pool for liquidity mining. The setup currently looks bullish for a continuation. This coin seems to perform well when Solana is doing well. Also it doesn't move much in terms of volatility compared to Solana itself.
SRM/USDT is setting up for a bullish continuation on the 24 minute time frame. While it is hard to determine how the market will react to Bitcoin and Ethereum, Solana has been moving in the opposite direction. I would keep my eye out for this one and Ray as well. A lot of shitcoins in the Solana ecosystem are doing pretty well.
15 minute time frame. Ethereum keeping it simple. Setup consolidation looking ready to drive up to a higher price. The yellow lines are targets 1.618, 2.618, 3.618.
IOST/USDT 24 Min Time Frame looks like its going to pop any minute now. Pop to the upside.
Breakout to the top has happened and will likely continue to the top. Green lines are 0.618 resistance lines and targets to the upside.
IOST/USDT is looking bullish on the 15min, 24min, and 1 hour time frame. It looks like IOST wants to continue with the upward trend.