Quick update on ETH here.... its dominance is growing, less and less ETH available to exchanges could see the price rocket, huge fund advisors like Pal going very bullish but lets just assess the situation first, we saw flash crash last friday just outside midweek market hours and if bears take control, we need to see where ETH is likely to follow.. fib levels...
For those unfamiliar with the term, "flippening" alludes to the point in time when Ethereum (ETH) outpaces Bitcoin (BTC) in market capitalization. Well, as of December 2, 2021, Ethereum market capitalization is less than 50% away from flipping Bitcoin. Market Cap Comparison According to CoinMarketCap data, Ethereum's market cap stands at over $557 billion...
5 years in the making. All of crypto noticed this long 5 year term triangle converge with the shorter 5 month term triangle and it broke up both ways. Moves upwardly may be violent, and diminish your ability to think straight. Faces might be left behind in a puddle of skin. Good luck.
ETHBTC has broken out of the falling wedge pattern, zoomed in from a larger macro formation shown in a previous idea. Expecting eth to really pump here after a potential retest of the wedge resistance line
I saw this. Lmao, do you people think there's a solid chance it will happen or is it just moon mentality acting up because of the recent pumps ? If it happens we could see a 20-60k eth by the end of the bullrun if btc reaches +200k.
ETH has been performing better than bitcoin ever since nfts, stablecoins and dApps got popular. I think this trend looks set to continue. If you want an oppertunity to increase your BTC holdings, trade some (or all) of your BTC into ETH (not financial advice)
Blowoff top could be coming if crypto continues it's run up. Fundamentals on-chain show serious ETH supply shock coming to help fuel this growth in price next 2 months.
The term Flippening was colloquially coined in 2017 and refers to the possibility of the market capitalization of Ethereum (ETH) overtaking the market capitalization of Bitcoin (BTC). Therefore, the term describes the hypothetical moment in the future when Ethereum becomes the biggest cryptocurrency by market capitalization. Lets compare bitcoin dominance to the...
*Disclaimer, this is not financial advice, just my opinion as a crypto enthusiast. ANALYSIS On the weekly ETH/BTC chart we have a "cup and handle" formation which is known to be one of the most consistently accurate chart pattern. PATTERN CHARACTERISTICS *The base of the cup is very smooth (rounded) rather than jaggedly or V-shaped which gives this pattern more...
Will $ETH flip $BITCOIN this bull run? Will ETF get approved by EOY? ETH EFT? BTC ETF? Which one gets approved first?
What makes the crypto space exciting this year (and also a little scary) is that individual coins have been popping off, independent of what Bitcoin is doing. If BTC is king, it's losing its grip on power as the ecosystem matures and that is also reflected in the numbers as well.
So, as you can see, since ~20th of Feb, we've entered and, for the most part, stayed within the Pitchfork channels the entire time. Only exceptions being a few of our four hr candle wicks busting thru the support beams at the bottom, but they always closed above. Now, we are at the top resistance line of the last channel. Separately, there is a new channel that...
On the left we can see the still bullish yet slowed down move potential on BTCUSD this slowed down bullish movement is indicated by the bearish MACD cross on the weekly chart Similarities to the 2017 run and the current run can be seen at point (1) yet the 2017 run lacks a bearish cross, so in a way this run is unique when comparing the two On the right we can...
This will probably make me unpopular with some people, but then again, I just look at the TA so here it goes... BCH was basically in a downtrend since it's inception and is now undergoing and uptrend which if keeps on track could possibly lead BCH to ~1.1 BTC target which is given by the fibs. This in turn would result in a so called "flippening" with BCH having...
Recap : Ethereum entered May extremely bullish. First it resisted deeper corrections when BTC and the TOTAL2 market corrected in April, then it came flying out of the gate towards the mid/end of April, growing over 70% to today. Quite exciting. Looking back we saw two consolidation periods where MMs appear to accumulate before a slow growth from 26 April until...
Cardano looks to be setting up above a resistance level that's been holding it down since early March. If it bounces up with any amount of strength from here, it will likely explode upward to meet the next resistance to beat at the .00002917 BTC level. What's interesting to me is that this corresponds with a solid dip from BTCUSD. I think the Altcoin flippening...