Shotokhan

For those who remember I had posted a weekly chart many months ago with the following pattern:my idea was that the first stop would have been last ATH, level where price could have ranged for a while. Despite all the recent criticisms toward ETH I think we're still on track to that target. Yes, ETH is underperforming and there are plenty of better and cheaper solutions out there (example: Solana fees are super cheap compared to ETH) but all this doesn't matter because eventually it'll pump anyway. As you can see on daily price formed an asymetrical triangle (continuation pattern) and RSI and OBV present bullish DIVs. Squeeze momentum instead presents a bigger bullish DIV. If I'm right the breakout should take the price to the daily R and from there to ATH. I think it's a good moment to buy ETH, even ebcause if you check ETHBTC you can see it has kinda bottomed and I don't see it deviating much more from that trendline (max -16%) while it has a great upside potential upward:If BTC top will be from 150 or 170 then that resistance would mean ETH should range between 12.3K to 15K USDT.Good luck!P.S.From a more FA point of view I consider Ethereum's gas fees problem a huge one. Vitalik has had years to fix it and he did literally anything but this giving the green light to the competition. This is the reason why I do not trade on Ethereum blockchain and the reason why I bought SOL and SUI rather than ETH). If Vitalik doesn't harry up it'll be too late for ETH to catch up (not that I care).

There are three possible patterns in formation right now, two of the which would be bullish and one bearish. I'm not 100% on which one I'd pick so I'll present here the three cases.[1] right-angled broadening wedge (the bullish case): - check the following links https://www.forex-central.net/chart-patterns/right-angled-broadening-wedges.php and https://www.centralcharts.com/en/gm/1-learn/7-technical-analysis/27-chart-patterns/522-right-angled-descending-broadening-wedgeIn this case we should expect a dump to the 86K levels and then a bounce back to breakout and push price to 125K: [2] right-angled broadening wedge (the bearish case): see the previous links for the examples. In this case the wedge support wouldn't hold breaking down and bringing price to the 75K area. Notice that the upper resistance of the wedge shows alsoa double top which is a very bearish pattern: [3] descending channel retest: for this case I've used the coinbase's chart, it's just because the chart is less messy. As you can see the break out happened already days ago and this could be the retest of the previous R. This is a bullish case that would make price bounce to 109K At the moment I don't know where to lean because my gut says market are overreacting to this AI fuss so I stay open to any possibility and I'm not doing any margin trade, just buying what I think has potential. Good luck

ENS broke out of a falling wedge, successfully retested it and bounced off. It's the same DOT pattern I've posted yesterday and honestly a very widespread pattern these days. Differently from DOT, in this case ENS follows ETH and it seems ethereum is waking up so, being strictly connected it's likely they'll both go up. Vitalik months ago declared that ENS is super important for ethereum ecosystem. Too many are disappointed by ETH but I believe that it'll wake up at some point and I don't ever trade it, but it's quite reasonable. Months ago on W I had foreseen something like this and I still think is possible: What I do know is that I bought ENS instead of ETH because I think it can do an higher ROI which is what interests me. I think you can still enter at current price. Just don't buy close to the resistance zone up there.I think first real target after the break out from resistance zone will be 66 then 88 USDTGood luck

Open interest and RSI are in bearish DIV and price has been stuck here for a while. After so much pumping I think it's time for a serious retracement. I see two possible paths, let's see which one plays out. The D chart looks like exhausted: Good luck

It's amazing when you see around so many ascending triangle, it means cryptomarket is awakening and altseason is beginning. Some could say the break out already happened but I think it didn't yet, I'd feel more confident when I'll see a candle closing over this zone. I think it's still a relatively safe zone to buy. Even if this retraces it won't be for long. Crypto gaming will be huge, be sure to have something in your bag.Weekly also looks good: Good luck

ETH was in a bullish pennant who had already broken out weeks ago but really started to move toward their target after US elections.I don't believe much in pattern targets because in my experience they're not reached very often but considering that this time the target coincide with last ATH I think it's very likely to be reached. This will only be the first step, I think ETH should go up to 10-12K.I don't usually trade ETH but I think it will eventually do pull a 3-4x. If you have to buy I would suggest to buy on a retracement since it has pumped for 7 days in a row now.Good luck

PYTH has not awakened yet despite the entire Solana ecosystem has been pumping following SOL itself. It's weird because we all expect it to be the new LINK. I wanna believe it will start late but will catch up. I drawed the trendline and the resistance zone to show you that price is currently into a sort of ascending triangle. I'll consider this alts awakened when price will break out that resistance zone up there. As you can see from weekly chart the recently closed candles was a bullish engulfing one, hopefully this is a sign price will hit the resistance soon although to be honest, on daily timeframe there's a clear bearish DIV on RSI With current market cap around 1.5 bn PYTH can easily do 10x from here and this is a conservative target. I have a small bag already but I it's still in buy zone.NOTE: this is a mid to long term TA.Good luck

Current largest prediction market (Polymarket) is powered by UMA and nobody talks about this. To me this is crazy because without hype price doesn't reflect the importance of this project. The support has been established, I think we only need a spotlight!Weekly:When/If people will realize how well UMA works this should gain traction and pump pretty well!I have a bag of this.Good luck

Currently SOL is trying to break out from a big asymetrical triangle that could also be some sort of handle of a giant cup. The weekly close is still far from closing so we have to wait to be sure but in a red market this is a good sign.Weekly chart: If the break out happens the final target for this leg should be 300 USDT with resistances at 205 and 260.99. When this happens the entire Solana ecosystem should follow.Good luck

If the break out from this bull flag will happen in this month I expect a retracement to the middle fo the flag (more or less 58K or a bit lower) and then a pump toward the break out. DXY is going up but so BTC.D as you can see here:I always expected BTC dominance to reach 60%, this could in part lead to BTC price going up as I don't think all the money would flow into fiat or stablecoins. However if we remain on BTC chart analysis on 4h there is a bullish DIV on RSI and a hidden bullish DIV on OBV. Moreover with the weekly shaping this way it's really unlikely we'll see a green candle this week, so plenty of time to make a new local low.Take the occasion to buy the alts you think are interesting and with good potential.Good luck.Eventually BTC did went in the 58 tecnically, it touched 58.9K I think, not really the 58K but close.I think this might still go lower though, check the weekly chart