50-day EMA holding as support for this trend. I see the trend continuing with ETH's market cap catching up to BTC's. Fund Strat put a $10,000 price target on Ethereum for this year
Ethereum bearish divergence happening on the indicators. But, one must be open minded to the possibilities here. If ETH blows thru .046BTC valuation it is going to the upper white supply line. Which is the .382 fib node (highlighted in purple here). Considering then, the ascending broadening wedge pattern it is in (white lined pattern), The upper supply line would...
Quite self explanatory. Take it for what it is worth - these are just some thoughts from a random guy on the internet.
Usually we see the BSV/BTC pair 'pump and dump'ing. - But we are witnessing a retest of a falling wedge right now. - It might be the beginning of an (long term) uptrend here. - Considering the positive news that Binance (better said: Users that use Binances mining pool) began to mine BSV quiet extensively. (~13% of all BSV hash rate as of today). With Binances...
When price makes lower lows but MACD line makes higher lows this is the divergence I am referring to (as circled in orange). This has only happened 2 times before and each time a massive rally has followed in the ETH/BTC ratio. Based on past moves, the rally could return around 2200% (from early Sept. lows). REVISIT I published this idea on September 25th...
xrp is making great gains for those who traded near the bottom (as per my previous charts) we are at some resistance here now: - 200dma - monthly 7ema however this is just the start of the big wedge breakout (line charts shows clarity). will xrp ever surpass btc in terms of stature - faster and cheaper transactions with real world uses... would you bet on it?
Major support about 30% below current prices. Sellers slowly loosing momentum over many months. Flippening still possible next alt cycle.
When price makes lower lows but MACD line makes higher lows this is the divergence I am referring to (as circled in orange). This has only happened 3 times before and each time a massive rally has followed in the ETH/BTC ratio. Based on past moves, the rally could return between 400% and 2200% (from early Sept. lows) in as little as 55-166 days. I believe the...
NOT TRADING ADVICE Is eth leading or following? I suspect it's leading at this point
I do not own ETH/BTC. What I want to do here is monitor the chart, consistently, looking for where a bounce may occur. Then potentially put in an entry with a tight stop when a trend change seems likely. @CryptoDonAlt (one of few decent Twitter traders) has said 0.15 mark could be where it bounces. Will check in on this chart regularly and observe the overall...
After last week 79.00 dollar lost.. I figure let me practice marking up and getting better at this.
Hi Guys, Just noticed that ETH recently completed a bullish diametric which means that it ain't over yet for ETH. I'm assuming that with the coming PoS for ETH planned for (or delayed to) mid 2019, its already starting to have an impact on ETH. Maybe the flippening isn't just a meme after all? :) I'm pretty new to using diametrics, and I find it pretty difficult...
This analysis builds on previous charts made linked below. Ether has successfully tested and a new multi-year trendline. This pattern of breaking a multi-year trendline to the downside during a bear market and establishing a new one during the bottoming process has returned time and time again in crypto markets. The new trendline dictates that Ethereum is going to...
Bearish pennant. Neutral here. $ETHBTC looks promising but not touching this just yet.
Might have a rising wedge here, maybe also some exponential support on the current trend. Logscale 1 day chart to track progress.