Altcoin 🇨🇭
206 posts


@RonnyGolisch Das was du hier erwähnst ist schon längst wieder Out 😂 da gibt's ne viel geilere lösung für
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$TAO update
The yellow box represents the structure zone: this is the area where, historically, the price has reacted several times, alternating between phases of accumulation and reabsorption of selling pressure. As long as the price remains above this range, the structure remains constructive: this means that buyers are still defending the level and that the trading idea is not invalidated. The spot remains valid: the invalidation has not been touched and the open position between 200 and 230 continues to make sense as long as the price defends this area.

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@eliz883 Hi Eliz 👋, thanks for the clear explanation!
Do you mean this OBV-based view applies specifically to ETH, or do you think that as long as ETH’s OBV remains weak, it’s better to avoid new altcoin positions as well — for example something like $TAO, which is currently near 0.75?
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OBV on $ETH shows a clear view for me: we have emerged from a phase of accumulation and entered one of distribution. Previously, the indicator followed an upward trendline, a sign that volume accompanied price movement and there was real buying pressure. When the OBV broke that trendline and, above all, lost its horizontal support level, the market stopped accumulating: from that point on, volume began to exit.
The price may also try to rebound, but the indicator remains below the lost level: this means that the upward movements are not supported by real capital flows. As long as the OBV remains below that level, we are not talking about strength, but simply technical price reactions. To return to a bullish position, it is not enough for me to see a rebound. I want to see volume return: the OBV must rise above the level it lost, and the price must regain the area from which the decline began. Only when price and volume are aligned again can I speak of real accumulation and not just a technical reaction.
I hope it’s clear 👌

EliZ@eliz883
For me simple ETH has two possible triggers. If it recovers and maintains the upper area, it means that buyers are regaining control: that is the bullish trigger. If, on the other hand, it go below the lows, takes liquidity and is immediately reabsorbed, we have the reversal trigger: manipulation = possible bottom. There is no need to anticipate. We wait for one of the two triggers to activate.
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Altcoin 🇨🇭 retweetledi

Any comment? $ENA

EliZ@eliz883
$ENA a new point of interest soon I’m not short (interesting only in scalp long )
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I plan to sell all my coins.
All of them.
No exception.
We will have different narratives in the next cycle.
We will have a fresh restart.
No need to hodl.
No need to be a community member.
Approach the next months with this mindset.
And you will be fine.
The SELL button will be your best friend.
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Altcoin 🇨🇭 retweetledi
Altcoin 🇨🇭 retweetledi
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People call this cycle the weirdest ever.
They call it a bull run because Bitcoin is in one. But crypto ain't just Bitcoin.
We might be above $100k for Bitcoin but every parameter (compare crypto on-chain volume metrics today with past bull or bear markers) says we aren't in one.
As time went on, Bitcoin broke free from its risk-on asset classification and turned into more of a safe haven due to increased adoption and institutional interest.
Hence why it went against the rest of the market and confused everyone with bull market behavior.
Did we have some phases of relief and resurgence? Yes we did.
But overall the macro environment for risk-on assets like in the past hasn't happened so far yet.
It's why there is a very healthy discussion that things might "still need to start" vs "are we topping soon"?
We still need a stable or growing Bitcoin price for that (which we likely will).
Hoeem put plenty of time into the article below that sheds further light on this (something I've also mentioned my insights on multiple tiles before).
Would recommend the read 👇
hoeem@hooeem
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$ETH/BTC bullrun hasn’t started yet, this is just a small bounce.. 📈
Ethereum bulls still face significant Challenges ahead.. We can say Ethereum has likely bottomed out, but it’s not out of the woods yet..
Bulls need to break through the Critical Resistance at 0.0276 before we can say Ethereum has entered Bullish territory..
#Crypto #Ethereum #ETH

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