The_Paradoxed_Prophet

The chart, spanning from mid-2021 to projected levels into 2027, showcases Ethereum's price in a classic ascending channel, characterized by higher highs and higher lows. This is indicative of sustained buyer control and a maturing bull cycle. Price Action and Key Levels: Ethereum bottomed out near $880 in June 2022 (close to the S2 support level around $900), forming a strong base. Since then, it has rallied through multiple resistance zones, with the most recent breakout above the R1 level at approximately $3,471. This breakout, confirmed by a close above the line on higher volume, flips R1 into new support and opens the door for further gains. The pivot point (P) sits around $2,800, providing a safety net, while lower supports at S1 (~$2,400) and S2 (~$1,200) have held firm during previous pullbacks. On the upside, the next targets include R2 (~$4,700), R3 (~$6,000), R4 (~$8,500), and R5 (~$11,000). Extending this using Fibonacci projections from the 2022 low to the 2024 high (a common tool for measuring bull runs in crypto), we arrive at a target of $12,000, which aligns with the upper channel boundary and historical cycle multiples. Volume Confirmation: The bottom panel shows volume bars spiking during uptrends, particularly in the recent push above R1. This indicates accumulation by institutional investors and retail buyers alike, with declining volume on pullbacks suggesting limited selling pressure. Increasing volume on breakouts is a hallmark of sustainable rallies, reducing the risk of a false move. Momentum Indicators: The blue line in the sub-chart appears to be the Relative Strength Index (RSI), currently hovering above 50 and trending upward without entering overbought territory (above 70). This signals building bullish momentum with room to run. Additionally, the lack of divergence between price and RSI further supports the strength of the current uptrend. If we see the RSI push toward 60-70, it could coincide with acceleration toward higher resistance levels. Overall, the chart reflects a multi-year consolidation phase transitioning into expansion, similar to the 2020-2021 bull run. A measured move from the recent range (from ~$2,200 low to ~$4,000 high) projects an upside of roughly 3x, landing near our $12,000 target. Fundamental Catalysts Ethereum's technical strength is bolstered by robust fundamentals, making the bullish case even more compelling: Network Upgrades and Adoption: Recent upgrades like Dencun (2024) have drastically reduced layer-2 fees and improved scalability, driving real-world usage in DeFi, NFTs, and gaming. Ethereum's dominance in smart contracts remains unchallenged, with total value locked (TVL) surpassing $60 billion and continuing to grow. Institutional Inflows: The approval of spot Ethereum ETFs in 2024 has opened the floodgates for traditional finance, with billions in inflows expected to continue. Major players like BlackRock and Fidelity are ramping up exposure, providing a steady bid under the price. Macro Environment and Crypto Cycle: With Bitcoin's post-halving rally typically leading altcoins like Ethereum, we're in the midst of a favorable cycle. Easing global interest rates and a weakening USD (as seen in recent Fed signals) further support risk assets like crypto. Ethereum's deflationary mechanics via EIP-1559 (burning fees) create scarcity, enhancing its store-of-value narrative. Risk Considerations and Entry Strategy While the outlook is bullish, no analysis is complete without risks. A broader market downturn (e.g., due to regulatory hurdles or economic recession) could push ETH back toward S1 at $2,400, invalidating the short-term breakout. However, the chart's structure suggests strong support there, making dips buyable opportunities. For entry, consider positions on a pullback to the new support at $3,471 (former R1), with a stop-loss below $3,000 to manage risk. Position sizing should account for volatility—aim for 1-2% risk per trade. In summary, Ethereum's chart screams bullish continuation, with technical breakouts, rising volume, and positive momentum aligning for a push to new all-time highs. Targeting $12,000 represents a realistic extension of the current trend, potentially delivering 3x returns from current levels around $3,500. This isn't just speculation; it's a confluence of data-driven signals in one of the most innovative assets in the market. Stay long, stay vigilant.

Price is approaching previous highs with strong bullish momentum and no major resistance until the red-marked level around 240,000. Given the breakout structure and Fibonacci confluence, the most likely scenario is continuation toward the 140,000–160,000 range before facing any significant rejection. A stop loss would be prudent just below 91,000, with the initial target set at 139,000, and extended TP zones at 155,000 and 239,000. This trade aligns with a longer-term macro trend.

This is $POPCAT / #POPCAT I don’t think the bottom is in yet. The volume signature and price action still don’t align with a true Spring. but hey, alts have bottomed like this before. This doesn’t mean the top of this rally is in either. If we stall around the 0.5–0.618 fib, I’d expect one more leg down, a proper Spring would be ideal. But if we rip to the top of the trading range, I’ll be watching the 0.618 retrace measured from the ST low to the Phase B high. Just something to keep on your radar

When TOTAL and TOTAL2 enter their bull markets, large capital will look for save havens to increase their purchasing power.While Bitcoin has proven time and time again to be an amazing hodl after the accumulation phase, it's R:R is reaching diminishing returns.Major Altcoins that have proven the test of time, like Ethereum and Litecoin, will start to get more attention during these bull markets as a safe place to massively increase purchasing power.Cross referencing Charlie Lee's Tweet, and the levels he's suggested vs Bitcoin, paint a very logical target for pattern and range traders anyway.So, post halving - and into any liquidity events (COVID19, FTX Collapse etc as examples) - I will be looking to bag up Litecoin.

Phase AThe selling force decreases, and the downtrend starts to slow down. This phase is usually marked by an increase in trading volume. The Preliminary Support (PS) indicates that some buyers are showing up, but still not enough to stop the downward move.The Selling Climax (SC) is formed by an intense selling activity as investors capitulate. This is often a point of high volatility, where panic selling creates big candlesticks and wicks. The strong drop quickly reverts into a bounce or Automatic Rally (AR), as the excessive supply is absorbed by the buyers. In general, the trading range (TR) of an Accumulation Schematic is defined by the space between the SC low and the AR high.As the name suggests, the Secondary Test (ST) happens when the market drops near the SC region, testing whether the downtrend is really over or not. At this point, the trading volume and market volatility tend to be lower. While the ST often forms a higher low in relation to the SC, that may not always be the case.Phase BBased on Wyckoff’s Law of Cause and Effect, Phase B may be seen as the Cause that leads to an Effect.Essentially, Phase B is the consolidation stage, in which the Composite Man accumulates the highest number of assets. During this stage, the market tends to test both resistance and support levels of the trading range.There may be numerous Secondary Tests (ST) during Phase B. In some cases, they may produce higher highs (bull traps) and lower lows (bear traps) in relation to the SC and AR of the Phase A.Phase CA typical Accumulation Phase C contains what is called a Spring. It often acts as the last bear trap before the market starts making higher lows. During Phase C, the Composite Man ensures that there is little supply left in the market, i.e., the ones that were to sell already did.The Spring often breaks the support levels to stop out traders and mislead investors. We may describe it as a final attempt to buy shares at a lower price before the uptrend starts. The bear trap induces retail investors to give up their holdings. In some cases, however, the support levels manage to hold, and the Spring simply does not occur. In other words, there may be Accumulation Schematics that present all other elements but not the Spring. Still, the overall scheme continues to be valid.Phase DThe Phase D represents the transition between the Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E). Typically, the Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS), making a higher low before the market moves higher. The LPS often precedes a breakout of the resistance levels, which in turn creates higher highs. This indicates Signs of Strength (SOS), as previous resistances become brand new supports.Despite the somewhat confusing terminology, there may be more than one LPS during Phase D. They often have increased trading volume while testing the new support lines. In some cases, the price may create a small consolidation zone before effectively breaking the bigger trading range and moving to Phase E.Phase EThe Phase E is the last stage of an Accumulation Schematic. It is marked by an evident breakout of the trading range, caused by increased market demand. This is when the trading range is effectively broken, and the uptrend starts.Wyckoff’s five-step approachWyckoff also developed a five-step approach to the market, which was based on his many principles and techniques. In short, this approach may be seen as a way to put his teaching into practice.Step 1: Determine the trend.What is the current trend and where it is likely to go? How is the relation between supply and demand?Step 2: Determine the asset’s strength.How strong is the asset in relation to the market? Are they moving in a similar or opposite fashion?Step 3: Look for assets with sufficient Cause.Are there enough reasons to enter a position? Is the Cause strong enough that makes the potential rewards (Effect) worth the risks?Step 4: Determine how likely is the move.Is the asset ready to move? What is its position within the bigger trend? What do the price and volume suggest? This step often involves the use of Wyckoff’s Buying and Selling Tests.Step 5: Time your entry.The last step is all about timing. It usually involves analyzing a stock in comparison to the general market.For example, a trader can compare the price action of a stock in relation to the S&P 500 index. Depending on their position within their individual Wyckoff Schematic, such an analysis may provide insights into the next movements of the asset. Eventually, this facilitates the establishment of a good entry.Notably, this method works better with assets that move together with the general market or index. In cryptocurrency markets, though, this correlation isn’t always present.

Litecoins halvings creating nice rallies during the bear market in between Bitcoins halvings. This is a chart showing majority of the divergence / hidden divergence on the timeframe selected. The halving is due in August 2023. if there is a throw back after the current hidden bear div is locked in, the sweet spot is marked.be sure to have a profit taking system that's methodical.

Bitcoin - fractals - ranges - curious.One would assume the bottom is in - or very close, and we'll rally to the range quarter / annual open. reject in glorious fashion (think April > June 2019 Bear Market rally)

[ Litecoin Theory ] Circulating Supply: 71,089,056.28 LTCTotal Supply: 84,000,000Website: litecoin.org/CoinMarketCap: coinmarketcap.com/currencies/litecoin/Founder: twitter.com/SatoshiLiteSocial Link #1: twitter.com/LTCFoundationSocial Link #2: twitter.com/litecoin Random Facts:Litecoin is a fork of Bitcoin. With '4x' times more supply.Litecoin has a feature that allows share mining with Doge.Dash is a fork of Litecoin.Halving dates for Litecoin:Aug. 25, 2015: 50 to 25.Aug. 5, 2019: 25 to 12.5.Aug. 23 (guesstimate), 2023: 12.5 to 6.25.Notes:Litecoin paired against Bitcoin is in a trading range, and is attempting to reclaim the range currently. The deviations were the same duration, and volume signatures. The time of the H&S distributive pattern was the same duration as the start of the BDW accumulation pattern, before the deviation begun.This is DOGE 2.0.

Really not a fundamental trader, and usually fundamental events are sell the news. Could see a narrative around the entire 'left vs right' privacy and free speech vs control..if MWEB is added to Litecoin, it then means it can also be added to Doge and Bitcoin.I'm positioning long. I am managing my risk.Good luck!

Early/Mid March, Bitcoin will end it's cycle bull run, and move into distribution.The price will reach $280,000 - $320,000.$316,000 being the most likely.Position yourself wisely. Manage Risk!