ETH CLASSIC 200% AUSBRUCH MÖGLICH !!! ETH BULLISCHES MOMENTUM !!! US30 / DOW JONES ENTSCHEIDUNG !!!
welcome to a new video from rsfm today it is about ethereum etium
classic bitcoin dominance and USA the Dow
Jones. I will explain what the interaction is like for all the subscribers who are new. Welcome to this channel and as always give me a thumbs up because of my work please subscribe to the channel if it doesn't happen and I would say let's get started right away today the US markets will open up again that's why I'll give you a Update this morning for you guys what you're paying attention to is what's in today's trading we need to look at and just a little bit of information for everyone for everyone new here I'm also married to the Dow
Jones Uster and I deposited this target zone here a little longer ago The target zone is always the green areas say our beizone and here would be a possibility to expand your portfolio in the US-30 all stocks accordingly, may if also I look at a few lists on Google that are important about what we need to be aware of: we either keep this beizone or we go here to our absolute cell zone, we leave our beisone and it completely breaks down, which will probably give our channel a retest on the end now we are analyzing everything here on a daily basis you know under 0618 in Fibonacci and our 0786 Fibonacci here in this area with the possible highs now we have made a stop after this sell off and now let's see how things go stuff. from here we have four hour candles and here we see a possible double pattern you mean if we look at everything then we would have the possibility of a bullish chart pattern and if we look at everything again in detail then you have to go here to say it clearly it would be more or minus the zone where we see everything and if you really go to the top and here I do then we will be plus-minus and you can see that very clearly on our top trending channel whether we just measure the whole thing or if we say we just we get on our glider yeah that's of course one of the best things fact is one if we then play this double pad and get above 31782 here then we'll probably end up here at 32281 which will also give it a lift to the entire cryptocurrency market.
What happened tonight I'd like to show you briefly using US history we have it here We had a spike I didn't change this line we had this spike here for our new resistance up here and then we got pushed back which means if we break through here now it will probably get to 31,780 fairly quickly we have to wait and see it would be important for us to note that you shouldn't drive below this 31,200 season we drop there 100 is this frustrated scenario sustainable please sustainable always means 4 hours or at last eventually this scenario is frustrated and in this case we have no bullish
momentum it currently looks like bullish
momentum markets open again see if it stays that way or if we're completely screwed here and then we go south let's go straight ahead with bitcoin dominance what i brought with me today i mean bitcoin dominance why you can already see bitcoin dominance lose completely take the pod er and we'll see right away why yeah we're losing a power here and you can see how far down it really is it's down so much and now it's really going down the drain meaning the money is back more in the altcoins what which of course is a good topic for all altcoin holders.
Bitcoin is generally underpowered but you know we can see it in another video not much happened there so no bitcoin chart from me today but here if you want Let's take a look at current SEO you know , this channel has been around for a long time i think i have drawn it up front here a possible channel is really fully unfolding and now we are also looking at a possible double pattern here which has already broken out and we also see a candle above our last breakout and if we look at everything now and say we start from here and take our full candle what miracles we land right in the upper channel at almost 1700 now you have to be careful at this point but why be careful because we have bullish
momentum and with a bullish and bullish
momentum now i also understand why then i see the chart of the stocks with the stocks why all the interaction is just It's important for me to trade to understand the market because a lot of guys here are now shorted.
Yes, they say yes, okay now we can go short again, but if the scenario plays out here from the Dow
Jones, yes. and you can see right now we're almost at the previous channel in the ideum and we're currently starting to form our double you pattern here which is also related to a breakout if you understand this interaction and look at it then you can see that if we're really here now and we shoot through the dow
jones stock index we'll probably make it this far and then it'll eliminate some shortcomings here yeah this interaction always needs to be watched a little bit and then I think you can understand the whole thing much better and therefore derive it for everyone who wants to go short here be careful because currently it looks a lot like Power at ideum to me of course we can also get rejected here and go short here and have a similar scenario with the Dow but please act on this point, be careful not to act here simply blindly, put it in short, we will probably be rejected here for the first time.
That's very clear because we've hit our target day here since our Double You pattern and we've got our trending channel here, but I'd still like to point out caution here and then we'll take a look at
classical education which is an absolute Rocket that I'll tell you to know. looks incredibly crazy in this graphic. I think I had it on the chart weeks ago when we were standing here. I don't know or I'm not quite sure anymore. The fact is that we currently have the opportunity. here at etium
classic to break out of this megaweek bull flag and if we look at every target day of this bull flag and then look at where we might go here let's look at the slope we're surprised that we're here in the area above our old high historical at 118 yes that means we would have doubled almost tripled here but be careful here to rule yes it looks good but it's important to everyone we have first resistance here that's why I've drawn the yellow zones for you significant resistances we have the yellow zone here you can see it if we get a little closer now we are pushed back here has this been the zone has to be taken first yes we have taken this zone then this zone has to be taken and then there is this zone to be taken of course it can always happen like this or we pass through here again down here, all of that is possible, yes, but we can also be careful, but we can also be rejected here, yes, still a we're in the channel so we're always waiting for the outbreak scenario and then everything here, if necessary, waiting for retesting, confirmation and then getting over this old point and then we can all the action here at this point is important from understand I'm still on the weekly candle be careful I'm not here a one hour candle 15 minutes two hours four hours we are here on the weekly candle and that means if you really want to trade according to the weekly candle then you also have than to wait for the new weekly test yes, that means you have to be a bit cautious about it, of course you can.
I would like to see it all on the daily or four hour candle now. I wanted to show you this weekly channel to show you how topical you can be when your team's
classic breaks out and so that you can see the full scenario here. I think it's a good start to the trading week, we expect everything to unfold naturally as I said of course we are never prepared for other similar topics, I have one more question. for everyone still here and i am currently in the process of preparing the coins accordingly maybe please let me know if you are interested in trading forex and forex charts or if you say naj i am not interested in a coin , so let me know if you're interested here and then I'd like to thank you for watching and I wish you a good day until then, ciao