Zoom out on COINBASE:ETHBTC to reveal an H/S inverted that hasn't yet hit TP 1 or 2 and is re-testing its breakout.
For a more conservative set of targets (purple), it consolidated around TP 1 and is now re-testing its neckline.
Conditions for success: remain above the yellow and/or purple necklines.
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(ETHUSDT 1M chart)
The price is located near 0.5 (3097.94), falling below 3321.30.
If it fails to rise above 0.5 (3097.94), it is expected to fall to around 0.382 (2647.80).
If the price remains...
The BTC dominance is up, meaning that the capitals in crypto are flowing more into Bitcoin than others at the current time. My target is 60% by the end of the year according to the TA.
ETHBTC chart is also bearish, as Ethereum is THE catalyst for altcoins.
Support from 2016 broke down.
Besides TONcoin, BTC and BNB are the outperformers in recent days, shows...
If you haven't sold ETH at this year's top:
Then you need to know that it has entered our buy area.
I've set a buy order at $3020 and will average down if necessary.
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(ETHUSDT 1D chart)
No matter what the trend of the 1M and 1W charts is, I believe that the movement in the short term is dominated by the trend on the 1D chart.
It appears that the current BW...
Ethereum is still very bullish, so there is no reason to expect lower prices at this moment. We can see that the price broke out of this ascending parallel channel and retested it. Usually you want to wait for a retest and then enter a long position, which is happening right now! You can place your stop loss below the previous swing low (inside the ascending...
Hello, friends! 😊Today we're looking at the Ethereum to Bitcoin chart!
As everyone knows, the Ethereum to Bitcoin price indicates how many Bitcoin units are needed to buy one unit of Ethereum. That's an important metric for traders and investors as it reflects the relative strength or weakness of Ethereum compared to Bitcoin in the market.
👀Keeping an eye on...
📊Analysis by AhmadArz:
this analysis for jumping ETH to BTC in low support ... just wait for give zone .🚀
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Ethereum dominance showed strength a few hours ago. This is a great sign for large cap altcoins as well as Ethereum. There is only a little time left when he will show his strength.
It is important to be ready when the impulse comes. At some point, ethereum should jump by at least 50 to 100 percent.
Also Btc.D dominance will show the peak of bitcoin and then the...
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(ETHUSDT 1D chart)
The BW indicator is showing signs of rising as it shows support near the MS-Signal indicator.
Accordingly, the key is whether it can rise in the 3503-68-3675.23 section.
The...
ETH/BTC pair has failed to hold line gain strength, this points to a giant loss of ETH in BTC terms and everything on Ethereum.
With Solana out to send stable coins cheaply, the SEC declaring ETH a security, ETH will likely never got a Spot ETF thus never catching up to BTC's Spot ETF Inflows.
This is where Staked Ethereum takes a loss they never thought possible.
Since entire crypto markets experiences a huge volatility & shake out due the BTC having event this April month, ETH does not have clear direction. So wait for breakout. Key area for support is near 3050 - 3000 and first key resistance is near 3500 zone.
ETHBTC trading: BTC halving vs ETH ETF
Amidst the buzz surrounding Bitcoin's halving, Ethereum finds itself at a crucial crossroads, as the Securities and Exchange Commission (SEC) initiates a 21-day comment period for Ethereum ETF applications.
A veil of uncertainty remains over the immediate fate of Ethereum ETFs with the potential rejection or approval of...
Bitcoin Dominance may be topping out here - a possible triple-top.
Meanwhile many alts are bottoming vs. Bitcoin.
A couple of examples shown here in contrast with CRYPTOCAP:BTC.D are BINANCE:ETHBTC and BINANCE:HBARBTC which may also be forming triple bottoms.
This could occur as soon as next week.
Other possible scenarios could be:
Scenario 1:...
BINANCE:ETHBTC appears to be reaching a cycle bottom. Sentiment is quite sour (and for good reason). But has things really changed? Just seems like a typical decline while Monthly RSI as at the same level as 2019 with very similar timeframes. Total value locked in DeFi is increasing. Volume is picking up while DEFI dominance is steady, i call that bullish divergence.
