Is ETH losing its battle against BTC?
We’ve seen both ETH and BTC doing pretty well in recent days, but looking at the ETH/BTC pair, it’s obvious ETH is lagging behind BTC.
When you dig into the technical analysis, it seems like ETH is setting up for a big move soon, especially as it’s hovering around those lower-end support levels.
That said, ETH is also feeling the heat from blockchains like Solana, which offer faster transaction speeds and lower fees. Solana’s been making its case pretty strong lately.
To sum it up, I think both ETH and Solana have solid potential. But right now, the charts and overall vibe seem to lean a bit more in Solana’s favor.
Time to zoom out again!
We’re rapidly approaching the technical targets for this bull run, based on my TA, its at 120k. While I’m optimistic that we could reach 250k in this cycle, it’s important to take at least some profits at 120k!
Right now, we’re moving into uncharted territory, where the price has no historical support or resistance levels. As a result, these moves can be extremely fast!
However if you're here for long run just buy some more :D
Remember, everyone:
99% of altcoins are likely to experience a price dip of more than 90% once this is over.
Ensure your risk management strategies are solid and take incremental profits along the way!
Market correction is a part of game
Don't panic
It's BullMarket BTC
Drop 5-10% = small correction
Drop 30% = major correction
It's important to notice about incoming major corrections because It has major effect in altcoins
For small corrections, it happens every week. No need to concern
Next support for BTC is at 75,500$ Lets hope that market takes some chill days, which is much needed if it wants to move higher!
Читать полностью…We've been covering TON in past posts many times. It found nice support on historical resistance, as expected. Also, the FIB retracement to 0.618 was nicely aligned with the support line. This was a clear sign to accumulate in that range. Today, it broke out of a 5-month downtrend indicated with the blue line. Now we pump!
Читать полностью…Cardano - ADA is on fire!
Looking to hop on?
wait for pull back to 0,45$ (if this ever happens) - which it should.
Solana reached our 2nd target with 40% profit on spot 👍🏻 Lets see how this resistance works now. It still has huge upward potential!
Читать полностью…It's insane what effect such a political event has on asset markets. The S&P is at an all-time high, Tesla gained 20% in one day, and Bitcoin has hit an ATH... and the best is yet to come!👆
Читать полностью…The chart keeps repeating every cycle, so I’m positive you’ve already seen it :D
In my opinion, we’re currently in the belief phase. Also, the Fear & Greed Index has been showing 93 points, which is definitely a sign of overheating.
As mentioned in the past, a 20% correction would be much appreciated at this point to sustain the rally.
BTC is pushing towards 100k. Everything is happening so fast, with the price already up by almost 50% without any pullback.
Keep in mind, a 20% pullback is likely to happen sooner or later, but there’s nothing to worry about.
SOLANA - One of my top picks for this bull run!
There’s speculation that a SOL ETF might be listed by the end of 2025. With a technical target of $400, it looks very promising! 😄
#REDO is our gem pick for this bull run.
Buy some while its Bellow yellow trendline🤫
Eyes on Two Key Players: ETH and BTC
ETH is experiencing a healthy pullback after a 43% surge in price. At the moment, the Fibonacci retracement 0.382 level is holding strong. This presents a good opportunity to increase positions. If the price drops to 2800, it’s wise to have funds ready to take advantage of the opportunity. You won’t want to miss this move.
BTC has found support along the trendline we highlighted yesterday. Everything is looking solid so far.
ETF FLOW:
BTC ETFs saw $402M in net outflows.
ETH ETFs saw $3.2M in net outflows.
Around 4,450 $BTC and 1,000 $ETH were sold on Nov. 14
Hope you’re reaping the rewards of your efforts. It’s great to see BTC and ETH surging!
I’m sharing this chart of altcoin dominance again. Remember, history tends to repeat itself, and once BTC and ETH begin to stagnate, the money typically starts flowing into altcoins—this is known as altcoin season.
This shift will be clearly indicated by a break above the yellow trendline, which has been acting as resistance for a long time. Keep an eye on that!
BIG REMINDER:
WE ARE HERE, BULL MARKET.
MARKET SENTIMENT IS FULLY BULLISH.
PRICE ACTION IS BULLISH BUT IT IS IMPORTANT TO UNDERSTAND THAT PRICE DOEST NOT GO AS A STRAIGHTLINE.
THE VOLATILITY/FLUCTUATION WOULD BE HUGE IN LOW TIME FRAME.
HIGH LEVERAGE CAN HELP YOU GAIN MASSIVELY BUT IT WOULD BE NIGHTMARE IF YOUR ENTRY IS NOT GOOD.
R I S K M A N A G E M E N T
Guys! It’s still early if you want to jump on the ETH train for this bull run. This is a comparison of ETH/BTC. Once we break out of this channel, ETH is set to start massively outperforming BTC
Читать полностью…It looks like ETH is finally showing some signs of life! Hopefully, you were accumulating in this strong support zone. Right now, we're testing the 2800 level, which has historically been a strong resistance. We can expect a few rejections at this point. Once we break above it, we could see a significant upward move!🫡
Читать полностью…Guys if you missed the 2020 you don't want to miss this chance to get rich. Today is the start of party! There is only one way! Technicals are on point as well fundamentals! Trum will fix it!
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