PEPE + BNB Will Moon Just Like ETH Did In 2017 17 year experienced trader here sharing my thoughts to help the crypto community.
As everyone knows this is a very important time for the market as we are approaching the end of the 3rd year of the 4 year cycle . Year 4 has always been ALTSEASON . The charts I am sharing with you are setting up to have HUGE runs into 2025. In teh video I share with you my reasoning on why this meme coin and BNB will explode higher just like ETH did back in 2017 . ETH was the the daddy back then and now MEME coins are the hot narratives (look at how many meme coins that Binance have listed) and there is a reason for it . Meme coins are bring in heavy trading volume for exchanges creating good revenue and they also bring in new crypto people to the community , we have seen xrp bring in millions of people , then we seen DOGE bring in millions of people then SHIB and then PEPE . Each ALTSEASON it has been a new meme coin that helps bring in and grow the crypto community so this time will be no different . This time we have new coins like NEIRO that can moon also but that is for another video .
Do not sleep on these coins and if u need any help or have any questions please just send me a message and I will be happy to try my best to help .
Have a great weekend
MartyBoots
Ethereum (Cryptocurrency)
Become a TOP 1% Trader 🔸🔸What it takes to become TOP 1% Trader? Everybody wants
to succeed in the trading game, but what's the actual formula?
🔸🔸What can we learn from the most successful global hedge fund
Renaissance Technologies? How did the Japanese legendary trader
Takashi Kotegawa become a TOP 1% Trader? Rules of life of
undefeated savage Japanese samurai Miyamoto Musashi.
🔸🔸RetTec flaship fund got 40% CAGR over a period of 30+ years, which
is an exceptional trackrecord in the industry. RenTec utilizes HFT trading
and uses multiple quantitative / statistical / data science models to gain
an edge over the market. RenTec is one of the most secretive hedge funds
in the industry, however it's clear that the fund relies on algo trading
to generate it's exceptional returns.
🔸Complex Models: Renaissance's models are built upon intricate mathematical models and statistical analysis that leverage massive datasets.
🔸High-Frequency Trading: The firm executes trades at breathtaking speeds, taking advantage of fleeting market inefficiencies.
Key takeaways from RenTec success
1) Use algo trading / HFT trading to gain an edge over the market
2) Use data science / quant models to identify patterns
3) Use proper risk management for capital protection
4) Do not overleverage / use leverage over x20
🔸🔸Takashi Kotegawa is a legendary Japanese trader who
turned initial investment of 13 000 USD into 150 mln USD trading
Japanese stock market.
🔸🔸Risk Control: His approach to managing risk ensures that trades are executed within safe limits, without jeopardizing overall financial stability.
🔸🔸Seizing Opportunities: Kotegawa's ability to swiftly identify and act on market inefficiencies underscores the importance of vigilance and quick decision-making in trading.
🔸🔸Takashi Kotegawa keeps himself out of the spotlight and gives virtually no interviews. That's one of the reasons why we don't know much about him and there are only a few pictures available on the internet.
Key takeaways from Takashi Kotegawa's success
1) Disciplined approach to trading
2) Enter / exit trades and make fast decisions
3) Grind alone and stay out of spotlight
4) Remain humble do not show off keep low profile
🔸🔸The majority of the Japanese people know Musashi Miyamoto as Japan's most famous and most skilled swordsman. His status among the Japanese has reached mythic proportions in the same measure that Westerners would give to Muhammad Ali or Michael Jordan. The life of Musashi is the gold standard of samurai in Japan.
🔸🔸Musashi's introverted nature, which manifests as a preference for being alone or engaging in solitary activities, allows him to focus on his own thoughts and ideas. He is particularly skilled at problem-solving, often finding unique and unconventional solutions that others may not think of.
🔸🔸Musashi's approach to winning was formed from repetitive disciplined training, focused practice, knowing his opponent and unorthodoxy.
Key takeaways from Miyamoto Musashi success
1) Grind alone and become savage
2) Develop your own strategy unlike any other
3) Outsmart your competition always stay sharp
4) Become ghost and lead a low profile life
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
ETH - This will take timeThe fourth wave of major degree, clearly forming a big triangle since its last all time high (wave 3 of major degree). Triangle c - wave should come to end between 1.900 and 1.850 fulfilling the monthly bearish pattern at 1.899.71 as well as testing the monthly bullish pattern at 1.853,60. I do not expect to see a new ATH for this year.
ETHUSD: Market Is Looking Up! Buy!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 2,454.31
Wish you good luck in trading to you all!
How much money can you make in Forex?🔸Consistentcy is the key - top professional traders aim to generate
20-30% returns / per month, obviously depends on account size,
risk tolerance, max DD, std lots exposure and multiple other factors.
🔸Depends on your trading style and risk profile, obviously.
Currently algo traders / full-auto systems generate the best returns.
🔸Forex trading bots are automated software programs that generate trading signals. Most of these robots are built with MetaTrader, PineScrips, Python and cAlgo.
🔸High-risk compounding strategy: Assuming you can double your cash multiple times in succession and start with 1,000 dollars, the 10th time, you would be a millionaire. It implies that assuming you contribute $ 1,000 and double, you contribute $ 2,000 and double, then, at that point, you do it from time to time, you will be a millionaire when you double your money the 10th time.
🔸Lower-risk strategy: risking no more than 1-5% per trade, limiting your exposure via trailing SL strategy or adjust SL to BE as soon as the trade
generates decent pnl
🔸If you want to separate yourself from the 90% (probably closer to 95% in my opinion) of traders who lose money consistently, you have to think differently.
🔸Most Forex traders overtrade and overleverage their accounts in an attempt to make 50%-100% profit or more every month.
🔸So to be in the top 5% to 10% of traders, you have to do the opposite. You have to put more focus on how much money you could lose rather than how much you can make.
🔸A higher win rate gives you more risk/reward flexibility, and a high risk/reward ratio means that your win rate can be lower and still stay profitable.
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🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Ethereum Closes with 10% Loss, Testing Key Support at $2,400Market Update:
Ethereum had a challenging week, closing with a 10% loss, briefly dipping below $2,400.
ETH is now attempting to reconfirm $2,400 as support after wiping out all gains from September, turning market bias bearish.
Technical Outlook:
Ethereum is on the verge of making a lower low, and the coming days are crucial for the remainder of the month.
If weakness persists, the price could drop to $2,200, but if buyers return, a recovery towards $2,500 is possible.
#Ethereum #ETH #CryptoMarket #BearishBias #PriceAction #SupportLevels #ETHUpdate
Bitcoin Falls Marking the Worst 'Uptober' in Nearly a DecadeMarket Update - October 4th 2024
Takeaways
Bitcoin fell following the news of Iran’s retaliation on Israel, and the election of Japan’s new prime minister: The decline comes after a recent rally spurred by the Federal Reserve's rate cut.
Net inflows into global crypto funds reached $1.2 billion last week, marking their largest increase in 10 weeks: US-based spot bitcoin ETFs contributed $1.1 billion in these inflows, while Ethereum products ended a five-week streak of outflows by adding $87 million.
Changpeng Zhao, founder of Binance, was released from prison after completing a four-month sentence for failing to establish money laundering controls: Zhao paid a $50 million personal fine and is no longer allowed to hold executive positions at the company.
Ohio State Senator Niraj Antani introduced a bill that would require all political subdivisions in Ohio to accept cryptocurrency payments for state and local taxes: The proposal also allows state universities and pension funds to invest in cryptocurrencies, positioning Ohio at the forefront of crypto adoption.
More than 94% of FTX's Dotcom creditors voted in favor of a reorganization proposal: The proposal would see 98% of creditors receiving at least 118% of their claim value.
🥩 Topic of the Week: How Can I Make Returns or Rewards on My Crypto?
🫱 Read more here
Four Horseman of Defi !?Defi is dominated by four sectors. Chains. Staking. Dexs. Lending. Those four sectors cover majority of crypto space today. Together they create a liquid financial market. Tomorrow they may help spawn an emerging sector like ai, gaming, metaverse, nft, depin, etc into a dominate industry.
Unfortunately for many those emerging sectors have yet to become dominate day to day within crypto or outside of crypto.
For now we have chains, staking, swapping and lending.
We have four chains that are widely available on centralised exchanges. Ethereum, Solana, Sui and Avalanche.
The four assets listed here cover all four widely available high performing chains in all four high performing sub sectors.
BenQI is the high performing lending protocol on AVAX.
Uniswap is the high performing dex on Ethereum (and defi space as a whole).
Sui is the high performing growth layer 1 chain leading after the big3 (eth, sol and bsc).
Jito is the high performing staking protocol on Solana.
Bearish reversal off overlap resistance?ETH/USD is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as a pullback support.
Pivot: 2,440.09
1st Support: 2,276.53
1st Resistance: 2,562.47
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Ethereum's Next Major Bull Run: A Supercycle in the Making?In this analysis, we delve into Ethereum's price action and the potential for a significant rally in the upcoming market cycle. By leveraging Fibonacci extensions and multi-year technical patterns, we can gain valuable insights into where the next major resistance levels may form.
Looking back at the 2021 bull cycle, Ethereum reached its peak around $4,800, perfectly aligning with the Fibonacci 3.618 extension level. Fast forward to the present, and we are again seeing an ascending triangle pattern emerging—this time spanning several years, dating back to 2021.
By applying the same 3.618 Fibonacci extension, we can project a potential top for the next cycle around the $15,700 level. Not only does this align with the technical structure, but it also supports the case for a prolonged bull market—possibly a supercycle.
Historically, altcoins have shown strong performance following Federal Reserve pivots, often running for an extended 20-month period. If Ethereum were to reach this projected $15.7k level, it could act as a catalyst for an extended altcoin rally, ushering in a longer-lasting and more robust bull market cycle.
This confluence of technical patterns and macroeconomic factors suggests that Ethereum may not only continue its upward trajectory but also lead the charge in a broader market rally. Should this scenario play out, investors could witness one of the most significant bull cycles in cryptocurrency history.
Let me know your thoughts in teh comments.
DOGSUSDT Opportunity to buy at SupportDOGSUSDT has experienced a sharp decline, dropping almost 50% from its all-time high (ATH), potentially presenting a discounted buying opportunity. However, recent price action shows it has broken and closed below the key psychological level of 0.001, signaling weakening bullish momentum. The price is now testing the 0.0009 support level, which is crucial as the overall market sentiment remains bearish during this correction phase. There's a likelihood that the price may dip below this level, continuing the downtrend.
The consolidation phase currently seen suggests market indecision, but it could precede further downside before any potential upward movement. A possible scenario is a false breakout below 0.0009, which could trap sellers expecting further declines. If the price quickly rebounds after dipping, it might create a buying opportunity. A reversal could target the resistance zone at 0.0011
BTC BULL to $101k - $125kIf the Bearish chart of Bitcoin won't play out, this is the bullish possibilities.
It does look like we will go up. Indicators on Daily timeframe just reset indicating bullishness.
Altcoins look very bullish and are ready for another 100% leg up or even bigger run this time.
Th only thing that doesn't let me freely believe this bullish chart is that BTC have not crashed yet and usually it does crash before thee big run, but this cycle is already different having new ATH before the halving which did not happen previously.
New BottomWave (iv) of an Impulse originating from 3977 likely ended last Friday. Since the 2351-2439 zone serves as a support, a counter-trend rebound is expected. However, this should be followed by continued selling aimed below the August low of 2111.
A trend reversal in favor of bulls can be discussed only if the descending channel is broken.
The chart includes marginal zones, which should be used to determine the pivot point.
ETH Triangle Pattern on Daily ChartETHUSDT Technical analysis update
ETH is currently forming a triangle pattern on the daily chart, indicating potential consolidation. The price could dip to $2,250 before a possible breakout to the upside.
We can confirm the bullish move once the price breaks the triangle resistance and crosses the 100 and 200 EMA on the daily chart.
ETH Another retest of the ~2k lows before rocketship to 3.4k?ETHER
- We want retest of the lows ~2k at
- W Trendline support
- W RSI falling wedge trendline retest
- W GP Fibs jsut below (one more lower low to there?)
- Elliot wave will complete 5th wave down of the C wave
- D will be oversold if we drop into GP
- Bull market breakout zone retest at ~2k
- Daily Trendline (falling wedge) breakout
- D EQ will start to fomr if we form a HL above 2150
We ENTER at red circle and have a STOP at 2150
TARGET 3.4K W Trendline if this plays out
Stops in if we actually breakdown with followthru!!!!
ETH/USDT Price Action Technical Analysishello guys.
let's dive into ETH!
Bullish Engulfing Patterns: Two significant bullish engulfing patterns are highlighted on the chart. These indicate a reversal of previous bearish trends, suggesting bullish momentum.
Quasimodo Levels (QML):
QML1: This support level, around the $2,585 region, was previously tested, and price rejected it, leading to the formation of the first bullish engulfing pattern.
QML2: The second Quasimodo level is marked around $2,600, where the price has recently reacted and is currently finding support after a slight retracement.
Resistance Zone: There's a clear resistance area marked just above the $2,680 level. Price might test this zone if it continues upward momentum.
Key Support Zone: The support area is between $2,585 and $2,600, which has been validated by the market reaction at QML1 and QML2.
Price Action Structure:
After a corrective move down, Ethereum has been showing signs of recovery, with the market forming higher lows.
The price is currently bouncing from the QML2 zone, looking to retest the key resistance at $2,680.
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ETHUSDT Faces Key Resistance, Downtrend Ahead?The ETHUSDT chart shows Ethereum currently trading within a sideways channel, with support around 2,400 USDT and resistance near 2,750 USDT. After a slight recovery, ETH seems unable to break through this resistance level and is now turning downwards.
Combined with uncertainty in the cryptocurrency market and macroeconomic factors, ETH is likely to continue fluctuating within this range before possibly breaking the support zone. If the 2,400 USDT level is breached, a strong downtrend could push ETH to lower levels around 2,200 USDT or even further.
Trading strategy: Traders can wait for ETH to reach the resistance zone near 2,700 USDT to enter a sell position, with a target of 2,400 USDT. If the price breaks below this support, continue holding the sell position with a lower target around 2,200 USDT.
Ethereum (ETH) - Crabs remain in control!It remains anemic.
For me it is not a trading zone and should be treated with caution. As it keeps making lower highs and trend is down on the daily
Weekly is holding by a thread. Take action if it breaks below
Below 2,300 = Red button.
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Most altcoins look like this. Only a few are still somewhat attractive, but unless this low holds. I see no reason to blindly bid on “support”.
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Safest entry above $3k.
Treat everything as resistance until that level is recovered.