Luke

9 days ago

@Technotoaster @grumpypleb Thats coming, its called a CBDC

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moonxrpluke retweeted

10 days ago

On higher timeframes, I am unequivocally bullish on $ETH, and I made a very in-depth video last week explaining why (pinned tweet). Based on developing PA, we have a few different ways this can play out on lower timeframes though. This post will cover the potential options and explain what you should be looking for: There are 3 main possibilities on the table right now. Two of the three suggest that our bottom on $ETH is already in. 1 of the three allows for a marginal lower low below $1500 but not below $1380. Let's break each one down: Scenario 1: This is technically the "least bullish" option. We have what looks like a potential 5 wave impulse off of our lows, but this is preceded by two corrective structures, giving us a classic "flat" corrective structure (3-3-5) that means this LTF impulsive move up was just the "C" wave of a corrective structure to local supply (in non EW terms, essentially just ranging PA with a deviation above the highs). In this scenario, we would expect a pullback from here to at least sub $1700 and potentially below $1500 (new local lows) but not below $1380 (our HTF inval level). Scenario 2: In this case, our bottom is already in on $ETH (yes, leaving behind a double bottom/equal lows). In this case we printed our 1st low timeframe impulse which would be kicking off the move that takes us to new all time highs and we would expect a pullback soon for our "wave 2" before continuation to the upside. In this case, a pullback below $1700 is likely, but we should NOT make new lows below $1500. This is neither the most bullish nor the least bullish option. Scenario 3: In this scenario, we are printing our first low timeframe impulse (just like in Scenario 2) but it is not yet complete- and the 5th subwave may extend into the 2000's before any significant pullback. This would be the "most bullish" option that gives almost nothing in terms of a pullback (would not expect a move below even $1750). Ultimately, on the LTF, all three options are currently on the table. We can't see the future so we will use developing PA, market context, and the process of elimination to narrow down the possibilities until only the most probable remains. Meanwhile, on the HTF, our stance is clear- and there is only one primary expectation at this time- that our HTF bottom is being formed and we won't see below $1380's. In a situation like this the plan is simple and straightforward if you agree with the above- load up on spot ETH for a HTF end-of-cycle hold while at the same time watching PA develop so we can narrow down a more precise trade entry on lower timeframes. If the lower TF entry is missed, we simply wait for the next one and in the meantime ride our spot holdings to new all time highs and ultimately, $20,000+ $ETH.

CredibleCrypto's tweet photo. On higher timeframes, I am unequivocally bullish on $ETH, and I made a very in-depth video last week explaining why (pinned tweet).

Based on developing PA, we have a few different ways this can play out on lower timeframes though.

This post will cover the potential options and explain what you should be looking for:

There are 3 main possibilities on the table right now.

Two of the three suggest that our bottom on $ETH is already in.

1 of the three allows for a marginal lower low below $1500 but not below $1380.

Let's break each one down:

Scenario 1: This is technically the "least bullish" option. We have what looks like a potential 5 wave impulse off of our lows, but this is preceded by two corrective structures, giving us a classic "flat" corrective structure (3-3-5) that means this LTF impulsive move up was just the "C" wave of a corrective structure to local supply (in non EW terms, essentially just ranging PA with a deviation above the highs). In this scenario, we would expect a pullback from here to at least sub $1700 and potentially below $1500 (new local lows) but not below $1380 (our HTF inval level).

Scenario 2: In this case, our bottom is already in on $ETH (yes, leaving behind a double bottom/equal lows). In this case we printed our 1st low timeframe impulse which would be kicking off the move that takes us to new all time highs and we would expect a pullback soon for our "wave 2" before continuation to the upside. In this case, a pullback below $1700 is likely, but we should NOT make new lows below $1500. This is neither the most bullish nor the least bullish option.

Scenario 3: In this scenario, we are printing our first low timeframe impulse (just like in Scenario 2) but it is not yet complete- and the 5th subwave may extend into the 2000's before any significant pullback. This would be the "most bullish" option that gives almost nothing in terms of a pullback (would not expect a move below even $1750).

Ultimately, on the LTF, all three options are currently on the table. We can't see the future so we will use developing PA, market context, and the process of elimination to narrow down the possibilities until only the most probable remains.

Meanwhile, on the HTF, our stance is clear- and there is only one primary expectation at this time- that our HTF bottom is being formed and we won't see below $1380's.

In a situation like this the plan is simple and straightforward if you agree with the above- load up on spot ETH for a HTF end-of-cycle hold while at the same time watching PA develop so we can narrow down a more precise trade entry on lower timeframes. If the lower TF entry is missed, we simply wait for the next one and in the meantime ride our spot holdings to new all time highs and ultimately, $20,000+ $ETH.

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moonxrpluke retweeted

11 days ago

Might get a smol dip across the board soon- if we do I think it will be a good chance to position before some more significant/sustained relief across the board. I'll be watching closely...

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moonxrpluke retweeted

15 days ago

This is coming from an $ETH fundamentalist. When the TA and fundamentals align, you better be paying attention. Video in my pinned tweet covered the technicals, so watching that will at least have you coveted from that perspective. As @krugman87 said if you don’t want to take the time to educate yourself on the opportunities available to you there is only so much people like me and him can do. Make the effort now so you can reap the rewards in the future and you’re not left chasing like so many others will be.

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15 days ago

🫡

TraderJB

@TraderJBx

15 days ago

Do a good deed and repost this to help prevent a $CRV seller from fading the bottom on a w3–w5 RSI divergence. Humanity united against market depression. #CurveFinance

TraderJBx's tweet photo. Do a good deed and repost this to help prevent a $CRV seller from fading the bottom on a w3–w5 RSI divergence.

Humanity united against market depression.

#CurveFinance https://t.co/bl6xxNtKTZ

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18 days ago

@Heccles94 @CountBinface Yesssss I can't wait to starve to death 😊😊😊

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18 days ago

@jessicaelgot Or maybe just maybe you let normal people have a opinion 🤔

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19 days ago

Let's fucking gooo 🍿🚀🚀🚀🚀

19 days ago

New Youtube vid aka feature film goes live TODAY. GET YOUR SNACKS READY. GET YOUR DRINKS READY. GET YOUR HEARTS READY. (and put your wallet away cus its FREE).

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22 days ago

🍿🍿🍿

22 days ago

This next Youtube vid is going to be AN ABSOLUTE BANGER. Prepping right now and holyyyyyyyyyyyy shit you guys need to see what im seeing on the charts 90% of CT doesn't see this coming imo and in hindsight it will be so freaking obvious

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22 days ago

@MikeParcej @Keir_Starmer Because english people just get on with it 😉👀🤣

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24 days ago

@RichardBurgon Anyone who invested in gold from the time nigel started promoting gold would be in good profit now 👍 labour in power means less money in your pocket but they try and distract you with stuff like this

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about 1 month ago

@ZackPolanski 🤣🤣🤣🤣🤣🤣🤣🤣🤣

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about 1 month ago

@elonmusk Im in, let's goooo!!!!

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moonxrpluke retweeted