Stophunt of old points of resistance and support can often lead to a reversal Now that price has grabbed potential liquidity and stops set for previous lows.. price can now reverse. ETHBTC has hunted that liquidity grab or stophunt as we call it. That gives it room to now reverse. Failed breakdowns can fail fast If this breakdown does fail then have to be...
ETHBTC pair is showing a weekly divergence (not confirmed until weekly candle close). If the RSI divergence forms, we can expect ETH/BTC to rally to its previous ATH until June, and possibly discovering new highs after that (if the narrative doesn't change). I have to mention that with the current status of the market and many people shifting to other L1s, This...
I still watch this pair every day even though I dislike the entire Ethereum ecosystem. But we have seen the triangle pattern wick down indicating strength is dropping by too much from the BTC price flows, this pattern has been forming since 2016 that is 8 years!. And please not this is before the Spot ETF flows has commenced, I don't really see a way Ethereum...
Great spot for a very small speculation entry. Normally when price consolidates like this it is a balance between the demand / supply in the open market, problem is once it sways to one direction it will be violent. I still see the possibility that BTC hitting a supply shock to over $140,000 will destroy this pair harder than what happen with LTC/BTC. (note)...
Ethereum is very bullish, in my opinion. We see that the price went below the parallel channel, but there is no bearish follow-through. In my opinion, this is a bear trap, and we will continue to go higher. 27% pump is my net target; take profit at the top of the trendline, as you can see in the picture. The good news is that the ABC correction has been completed...
Ethereum is currently bearish because the price is below the major trendline. I am currently bearish and expecting lower prices, but if ETH rises above 2320, I will become bullish again. What are the possible reversal points? Definitely 0.618 or 0.5 FIB retracement of the previous uptrend. 0.5 FIB is not that significant for the crypto market, but in this case, we...
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A curved channel clearly showing bottoms and peaks. A rise to the middle of this channel would put ETHBTC at around 0.12. Big rise.
ETH/BTC is now in HTF range bottom with an upside opportunity of 70% until range high. Ethereum ETH is the only other cryptocurrency beside Bitcoin BTC that is now being considered for an ETF. Everyone's attention has been disproportionately given to Bitcoin, while TA and inflow models show both range-low price and reaccumulation patterns. Range top target is...
#ETH Since the beginning of December, Ethereum has been moving well, breaking the patterns it created On a 4-hour frame, breaking the downward trend of corrections We now have a break in the downtrend for correction and the beginning of an expected rise Current price 2300 Expected target 2437 This rise is supported by bullish momentum And strong support areas
#ETHBTC Update "Things are now in motion that cannot be undone" - Gandalf Number Go Up
A large bowl structure or rounded top forming for ETHBTC Currently still experiencing a bearish phase but when completed a bullish move can ensue. I expect this move to be along the green dotted line as it is a major trend line for ETHBTC. Lets see what happens.
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT chart) ETH is one of the representative coins that forms an independent ecosystem between BTC and altcoins. However, since most altcoins are derived from ETH, I believe that the rise of ETH...
Ladies and Gents, we may be entering ETH season. Finally! Finally we get some action on this ETH/BTC chart. I've been waiting for a breakout, either to the downside below 0.05 or above the descending triangle we've formed over the past 7 weeks. ETH has a pretty clear path to get the upper descending trendline which would be 11% outperformance against BTC. Then...
Look, look here. Good time to do rotation BTC => ETH. Here we go.
Seems to have a beautiful similatiry. Just look and wait.
#ETHBTC The Broadening Wedge has a track record of being one of the most brutal patterns for emotional Traders to navigate, but if we peel back the layers to see what's happening of actual importance, that's when things start to get really interesting, IMO. This is very possibly a textbook Wyckoff bottom. It's presenting all the signs of what we want to see plus...
Nice head and shoulder's on the dominance chart Maxi's are not your friend Saylor was calling for 80% dominance just a very short while ago. And yet here we are heading back below 50 Wouldn't be surprised to see massive money rotate into #ETH on the news of the ETF approval. Merry Christmas and Happy Holidays.