Indicator on chart shows previous highs and potential future reaches for ETHBTC I expect ETHBTC to move in a curved channel that I have plotted in white. Reversal of ETHBTC on this Weekly timeframe is possible.
Currently, the RSI has entered a zone that often signals a shift towards an upward trend. The downward trend is nearing its end, and I anticipate that Ethereum (ETH) will begin to perform better than Bitcoin (BTC), or at least, stop lagging behind it.
K4 is breaking down the neck line of a potential double top bearish pattern. The possibility of breaking down is relatively high here. From K2 to K3, the supply pressure increased. It is likely that K4 will accelerate to breaking down. It means that it is not worth to hold more ETH than BTC temporarily. If K4 failed to close below K3, and even break up K3, I...
Oh, I've known situations like this. This is a 2W chart of ETH/BTC What is notable here in terms of the Ichimoku method? 1. Candles have dropped out of the cloud. 2. Kijun-Sen crossed the Senkou Span A and B 3. Lagging Span crossed Senkou Span B, but immediately returned. However, the notch is there. 4. Tenkan-Sen is trending downward. There are two major...
a daily bullish pennant breaking to the down and stochastic confirms the bearish trend of #ethbtc key support for ethbtc 0.055, 0.050, 0.044
Is it better to hold Ethereum or Bitcoin? If you are interested in such question, you probably want to see the ETHBTC chart. My analysis is on the weekly chart. What we can see is that the ETHBTC formed a WXY Elliott Wave corrective pattern with a 1:1 FIB extension. If this pattern confirms, ETHBTC could reach a new high and pump massively. But the price is still...
Just a quick reminder that, even as the market, correct, Ethereum continues to slowly rise against Bitcon. I have high conviction that this is going to be the next solid trade and narrative and that Ethereum will rise.
There is a clear positive divergence on the daily frame with a return to the previous bottom, so I expect a corrective rise to the shaded area above, which is a strong resistance area now, and then a decline again to break its last bottom. Let us see.
Anything that follows is not to be taken as financial advice. This is the Binance weekly chart for ETHBTC, with a single indicator loaded on: the Bollinger Bands Width Percentile. The BBWP is a volatility indicator that measures whether or not we should be looking for the price action of the examined asset to contract or expand in relation to its own past...
Deviation and range reclaim targeting range high. Altseason incoming?
I have been beating the drum on this, so I won't waste much of your time. We have confirmed bullish divergence with RSI coming out of oversold on the weekly chart. Further RSI has broken descending resistance, which almost always leads to price lagging and doing the same soon after. You can see that price was rejected EXACTLY at descending resistance, for...
I'm going to put this straight forward simple. BINANCE:ETHBTC , essentially representing the price ratio of Ethereum to Bitcoin, serves as a key indicator of market dynamics between these two leading cryptocurrencies. Due to the recent Break Of Structure on this Chart, I was curious enough, at what prices are we looking at in USD, in order for the ATH to...
Weekly a bit confusing , Though the Weekly candle is insane , This area is a bit shady now , we are still hours away from a weekly close, i prefer waiting for a weekly open for more clearer view.
ETH/BTC is risen recently but I believe It is just retesting its long term broken trend. Harsh dump is possibble after this price action.
The chart is very bullish, A sign that liquidity started moving from BTC to Eth and hopefully to ALTS
Here's that image again as I am seeing it, it usually gets messed up when publishing a chart so I've saved it here: Though this is not coming out of a downward move, the pattern looks incredibly similar to Wyckoff Accum Schema # 1, and just coming out of the Spring, moving towards LPS and then SOS. We could see a strong move up for ETH here. I have shown some...
Etheruem is looking extremely weak at the moment, we have just broken a ercent swing low and looking downwards towards the previous range. I have a few levels below that give me confluence to believe that ETH will drop as well as many altcoins unless we absoultely find a bounce and soon. Below you can find the Previous Range point of control marked in Blue....