Chandler Bing

Lone Wolf.

[Doctor Profit 🇨🇭 @DrProfitCrypto]

#ETH - What’s Next?

The Big Sunday Report: All You Need to Know

🚩 TA/LCA/Psychological Breakdown: A massive ascending triangle is forming on the monthly chart, preparing for a huge breakout. We're still holding our bags from $900 because the road to the $6K–$8K region is about to begin. It's still a good time to enter everything below $4K is a gift for the mid-term. Those who bought with me at $3,200 recently are already seeing good profits. So, what’s next?

We recently witnessed a significant golden cross on December 4th. At the same time, there have been increasing outflows of ETH from exchanges. In the last two months alone, over 7.9 million ETH have been transferred from exchanges to private wallets. Another critical fact is that just 104 whales hold 53% of the total ETH supply, and many of them have been accumulating more ETH just below the $4K region. To me, it’s clear that ETH is preparing for a massive leg up toward the $6K region soon.

At the same time, Deutsche Bank is reportedly developing a Layer 2 solution on the Ethereum blockchain to address regulatory challenges faced by financial institutions. This is a significant development. Ethereum’s blockchain can be used for virtually everything, from the tokenization of assets to running the digital euro. This is precisely where we’re headed by 2030, and Ethereum’s use case will shine brighter in the coming years. In my opinion, the "meme coins" we saw during the last bull market were just a "test" to demonstrate the true capabilities of the Ethereum network.

Now, the most important factor to watch is how ETFs are reacting to ETH. We can clearly see a shift in market behavior toward a strong "BUY" sentiment.

ETH is clearly preparing for a significant move toward $6K first, with a target of $8K likely by the end of 2025. The chart below shows the 3D chart, highlighting the strong support around the $2,800 region. I'm thrilled that I bought at $900 and advised you to do the same back in 2021. I also suggested buying at $2,200 in August and September. Now, it’s clear that $2,800 is the next "perfect" entry point. However, I wouldn’t risk waiting for this price. Instead, I prefer accumulating more as we approach the $2,800 level. For example, just two days ago, ETH hit $3,150, which I believe is an excellent mid-term entry.

Once we break out above the massive ascending triangle forming on the monthly chart, many will regret not having bought in time.

[Chandler Bing @wanderinggwolf]

@CryptoHub210 @thebrianjung @aerodromefi @CrushHunk

[Rekt Capital @rektcapital]

#BTC

4 Phases of The Bitcoin Halving

1. Pre-Halving Rally

Approximately 42 days remain until the Bitcoin Halving in April 2024

And ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)

History has repeated in this respect

Now, Bitcoin is approximately halfway through its Pre-Halving Rally phase

In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"

Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally

Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself

2. Final Pre-Halving Retrace

After the Pre-Halving Rally has concluded...

A Pre-Halving retrace tends to occur a few weeks before the Halving event itself (dark blue circle)

In 2016, this Pre-Halving retrace was -38% deep

In 2020, this Pre-Halving retrace was -20% deep

This Pre-Halving retrace can last multiple weeks and up to 77 days

3. Post-Halving Re-Accumulation

The Pre-Halving retrace is followed by multi-month re-accumulation (red)

This period can last up to 150 days (i.e 5 months)

Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving

4. Post-Halving Parabolic Uptrend

Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)

It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs

This phase tend to last just over a year (~385 days)

$BTC #Crypto #Bitcoin

[Daye @traderdaye]

Scalps: 1 - 5min TF

Day Trades: 15min TF

Intra-week Trades: 1hr TF

Swing Trades: 4hr TF

[Michael Saylor @saylor]

Everyone Benefits #Bitcoin

[Matthew Hyland @MatthewHyland_]

#BTC Dominance

The move up earlier in the week now looks like the 3rd rejection off horizontal support

See how the weekly closes:

[Dan Held @danheld]

Funny how $62k Bitcoin almost feels boring 😂

[Daye @traderdaye]

Price Action is linked to Time, each timeframe is governed by a higher timeframe, the same goes for each Cycle.

[Daye @traderdaye]

We have seen @I_Am_The_ICT run up a live account publicly on YouTube.

His work has cut our learning curve by 90%.

He has countless students that are making money.

Yet still… people call him a fraud.

Some people are born to spread hatred and lies, they have no other purpose.

[Chandler Bing @wanderinggwolf]

@AltcoinDailyio Hopefully

[Chandler Bing @wanderinggwolf]

@GFromcrypto @DrProfitCrypto That's correct

[Chandler Bing @wanderinggwolf]

@7jaguar1000 @DrProfitCrypto That's obvious.

[FORTUNE @FortuneMagazine]

Polygon has quietly thrived—even during Crypto Winter. https://t.co/sJ9lPPgPem

[Jatin @CrushHunk]

Please look into it. I've also tried creating a ticket with the App but all in vain.
#TrustWallet #MATIC #PolygonNetwork

[Jatin @CrushHunk]

Hey @TrustWallet,
I transferred @0xPolygon coins from my @binance wallet.
Binance is showing the transaction as 'completed'. I've also confirmed it with BSC block explorer, but my @TrustWallet isn't showing anything. It's been 3 hours now.

[The Prop Trader @the_proptrader]

Risk Management:
Max: 1 Trade per Day
Max: 3 Trades per Week
0.5% Initial Risk
If Loss is taken drop Risk to 0.25% until Loss recovered
Daily Max Drawdown: 0.5%
Weekly Max Drawdown: 1%

[Chandler Bing @wanderinggwolf]

Where are those NFT brats ? 😆

#BTC #BearMarket2022

[Polygon @0xPolygon]

After a smooth transition to Proof of Stake, Our Wallet Suite, Staking and Bridge services have resumed operation 🙌🏼

👉🏽 https://t.co/lwmJzmfgQu