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Trader Who Nailed 2018 Bitcoin Bottom Predicts Ethereum and Solana Rallies, Says Itâs Time for Risk-
An analyst who accurately called the 2018 floor price for Bitcoin (BTC) thinks rallies are in sight for Ethereum (ETH) and its rival Solana (SOL).
Looking at Ethereum first, pseudonymous trader Bluntz tells his 226,200 followers on the social media platform X that ETH appears to have completed a corrective move on the lower time frame chart.
According to the analyst, ETH also flashed a bullish divergence on the 30-minute chart, indicating that momentum is building up for the leading smart contract platform.
âEven though ETH has been the bane of my existence because ETH/BTC has been a perpetual bag of sh*t, I still think thereâs a nice flat setup here on the USD pair with five-wave down now done and a nice low time frame divergence to confirm it.
I think âthe dipâ is done and we at least go for one more high above $1,880 from here.âÂ
Bluntz practices the Elliott Wave theory, a method of technical analysis that attempts to predict future price action by identifying crowd psychology which tends to manifest in waves. Looking at the traderâs chart, he appears to predict that ETH will rally above $1,900 in the short term.
At time of writing, Ethereum is worth $1,850.
Next up is Solana, which the trader thinks has more gas left in the tank even though itâs already up about 338% this year.
â18% three-wave pullback in a monster uptrend, yes, please. This is going straight to $50+.â
At time of writing, SOL is worth $42.
Bluntz is also watching the performance of the US dollar index (DXY), which keeps track of the USDâs value compared to a basket of foreign currencies. According to the analyst, risk-on assets like crypto may see upside moves as he believes the DXY is set for a significant correction.
âDXY now well and truly back in the high time frame range.
Risk on b***hes, lets go!â
Based on the traderâs chart, he seems to predict that the DXY could fall below the key support level of 100 points.
At time of writing, the DXY is trading at 105.069 points.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#EthereumInvestment #SolanaPredictions $ETH $SOL
Looking at Ethereum first, pseudonymous trader Bluntz tells his 226,200 followers on the social media platform X that ETH appears to have completed a corrective move on the lower time frame chart.
According to the analyst, ETH also flashed a bullish divergence on the 30-minute chart, indicating that momentum is building up for the leading smart contract platform.
âEven though ETH has been the bane of my existence because ETH/BTC has been a perpetual bag of sh*t, I still think thereâs a nice flat setup here on the USD pair with five-wave down now done and a nice low time frame divergence to confirm it.
I think âthe dipâ is done and we at least go for one more high above $1,880 from here.âÂ
Bluntz practices the Elliott Wave theory, a method of technical analysis that attempts to predict future price action by identifying crowd psychology which tends to manifest in waves. Looking at the traderâs chart, he appears to predict that ETH will rally above $1,900 in the short term.
At time of writing, Ethereum is worth $1,850.
Next up is Solana, which the trader thinks has more gas left in the tank even though itâs already up about 338% this year.
â18% three-wave pullback in a monster uptrend, yes, please. This is going straight to $50+.â
At time of writing, SOL is worth $42.
Bluntz is also watching the performance of the US dollar index (DXY), which keeps track of the USDâs value compared to a basket of foreign currencies. According to the analyst, risk-on assets like crypto may see upside moves as he believes the DXY is set for a significant correction.
âDXY now well and truly back in the high time frame range.
Risk on b***hes, lets go!â
Based on the traderâs chart, he seems to predict that the DXY could fall below the key support level of 100 points.
At time of writing, the DXY is trading at 105.069 points.
Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#EthereumInvestment #SolanaPredictions $ETH $SOL
Hello Binance! I am a new trader. Do you have any suggestions on how I can grow my portfolio, what to learn, and how to become a consistent and profitable trader?
#Newbies #ProfitableTrade #EthereumInvestment
#Newbies #ProfitableTrade #EthereumInvestment
$ETH ETF IS BREAKING RECORDS! đ€Żđ„đ
BlackRockâs iShares Ethereum Trust is close to hit $1 billion in terms of net inflows ($990 million already invested)! Although the fundâs total assets are around $835 million due to the recent underperformance of ETH, I do expect that it will surpass $1 billion soon. That's also thanks to the ETF that is attracting a lot of interest from investment advisors, who find ETH easier to value than Bitcoin...
In my opinion, this growing interest in Ethereum ETFs, could imply that more crypto ETFs will be potentially soon introduced!
What's The Next Crypto ETF? đ€ Let Me Know In Comments!
STAY TUNED! đ„ & Do Not Forget To Cast Your VOTE On My Profile! Your Support Is MASSIVELY Appreciated!đđȘ - DYOR đ NFA.đ€
#EthereumETF #ethupdates #ETHAnalysis #EthereumInvestment
BlackRockâs iShares Ethereum Trust is close to hit $1 billion in terms of net inflows ($990 million already invested)! Although the fundâs total assets are around $835 million due to the recent underperformance of ETH, I do expect that it will surpass $1 billion soon. That's also thanks to the ETF that is attracting a lot of interest from investment advisors, who find ETH easier to value than Bitcoin...
In my opinion, this growing interest in Ethereum ETFs, could imply that more crypto ETFs will be potentially soon introduced!
What's The Next Crypto ETF? đ€ Let Me Know In Comments!
STAY TUNED! đ„ & Do Not Forget To Cast Your VOTE On My Profile! Your Support Is MASSIVELY Appreciated!đđȘ - DYOR đ NFA.đ€
#EthereumETF #ethupdates #ETHAnalysis #EthereumInvestment
Ethereum futures premium hits 1-year high â Will ETH price follow?
The bullish sentiment in Ethereum's derivatives markets, evidenced by a 1-year high in futures premium, may be driven by several factors including Bitcoin's positive price momentum, anticipated Ethereum network upgrades like the Dencun upgrade, and challenges faced by Ethereum's competitors which might make Ethereum appear more stable in comparison.
#CryptoNewsđđ°đ« #ETHvsBTC #Ethererum #EthereumInvestment $ETH
The bullish sentiment in Ethereum's derivatives markets, evidenced by a 1-year high in futures premium, may be driven by several factors including Bitcoin's positive price momentum, anticipated Ethereum network upgrades like the Dencun upgrade, and challenges faced by Ethereum's competitors which might make Ethereum appear more stable in comparison.
#CryptoNewsđđ°đ« #ETHvsBTC #Ethererum #EthereumInvestment $ETH
*Turning $1 into $1 million*
Binance requires strategic planning and informed decision-making. Here's a step-by-step guide to get started:
1. Begin by creating an account on Binance and complete the verification process.
2. Conduct thorough research on cryptocurrencies, focusing on promising projects with growth potential.
3. Allocate your $1 wisely by purchasing a fraction of a promising coin like Bitcoin or Ethereum.
4. Monitor market trends closely and consider trading smaller altcoins with high volatility for potential quick gains.
5. Implement a disciplined approach to trading, setting realistic profit targets and stop-loss orders to manage risks effectively. 6. Continuously educate yourself on market developments and utilize Binance's tools for technical analysis.
As your portfolio grows, consider diversifying investments to mitigate risks. Persistence, patience, and staying updated with the latest news are key to maximizing your chances of turning $1 into $1 million through Binance.
#binancetrading #CryptoInvesting2024 #FinancialGrowth #BitcoinStrategy #EthereumInvestment
Binance requires strategic planning and informed decision-making. Here's a step-by-step guide to get started:
1. Begin by creating an account on Binance and complete the verification process.
2. Conduct thorough research on cryptocurrencies, focusing on promising projects with growth potential.
3. Allocate your $1 wisely by purchasing a fraction of a promising coin like Bitcoin or Ethereum.
4. Monitor market trends closely and consider trading smaller altcoins with high volatility for potential quick gains.
5. Implement a disciplined approach to trading, setting realistic profit targets and stop-loss orders to manage risks effectively. 6. Continuously educate yourself on market developments and utilize Binance's tools for technical analysis.
As your portfolio grows, consider diversifying investments to mitigate risks. Persistence, patience, and staying updated with the latest news are key to maximizing your chances of turning $1 into $1 million through Binance.
#binancetrading #CryptoInvesting2024 #FinancialGrowth #BitcoinStrategy #EthereumInvestment
đ Ethereum Whale "czsamsunsb.eth" Signals Bullish Trend: Multi-Million Bitcoin Debt to Accumulate đ
If you're an avid follower of Ethereum whales đ and cryptocurrency trends, this one's for you! Ethereum whale "czsamsunsb.eth" has recently executed multi-million dollar transactions đ€ that are setting the stage for a potential Ethereum market rally đ.
Recent activity by Ethereum whale "czsamsunsb.eth" is stirring up the crypto pot đČ. On October 30, data from Lookonchain analytics revealed that this high-stakes Ethereum investor borrowed 100 Wrapped Bitcoin ( ) from , one of the leaders in the DeFi sector . But wait, there's more! He converted this entire Bitcoin sum into a whopping 1,526 Ethereum tokens .
That's not all! Our whale then transferred a meaty 2,374 Ethereumâsourced directly from Binanceâinto his private crypto vault đ. Continuing his crypto-spree, czsamsunsb.eth diversified assets worth $108 million, including 44,280 stETH and 16,313 ETH, across esteemed DeFi platforms like Compound, Aave, and Spark đ.
Using his Ethereum stash as collateral, he then borrowed a cool $6.9 million in various assets, including 200 WBTC, 8.7 million USD Coin (USDC), and 8.5 million DAI. As of the latest DeBank data, this whale's Ethereum and derivative holdings now total an eye-popping $158 million đČ.
Open-Ended Question:Is "czsamsunsb.eth" planning an even bigger Ethereum splash đŠ or could he be eyeing other crypto shores đïž? We'd love to hear your thoughts!
Hashtags:
#DeFiAave
#CryptoTrends2023
#BinanceSquare
Disclaimer:đ Please note, the information provided in this post is not financial advice. Always conduct your own research before making investment decisions
If you're an avid follower of Ethereum whales đ and cryptocurrency trends, this one's for you! Ethereum whale "czsamsunsb.eth" has recently executed multi-million dollar transactions đ€ that are setting the stage for a potential Ethereum market rally đ.
Recent activity by Ethereum whale "czsamsunsb.eth" is stirring up the crypto pot đČ. On October 30, data from Lookonchain analytics revealed that this high-stakes Ethereum investor borrowed 100 Wrapped Bitcoin ( ) from , one of the leaders in the DeFi sector . But wait, there's more! He converted this entire Bitcoin sum into a whopping 1,526 Ethereum tokens .
That's not all! Our whale then transferred a meaty 2,374 Ethereumâsourced directly from Binanceâinto his private crypto vault đ. Continuing his crypto-spree, czsamsunsb.eth diversified assets worth $108 million, including 44,280 stETH and 16,313 ETH, across esteemed DeFi platforms like Compound, Aave, and Spark đ.
Using his Ethereum stash as collateral, he then borrowed a cool $6.9 million in various assets, including 200 WBTC, 8.7 million USD Coin (USDC), and 8.5 million DAI. As of the latest DeBank data, this whale's Ethereum and derivative holdings now total an eye-popping $158 million đČ.
Open-Ended Question:Is "czsamsunsb.eth" planning an even bigger Ethereum splash đŠ or could he be eyeing other crypto shores đïž? We'd love to hear your thoughts!
Hashtags:
#DeFiAave
#CryptoTrends2023
#BinanceSquare
Disclaimer:đ Please note, the information provided in this post is not financial advice. Always conduct your own research before making investment decisions
