Btceth
ETH Set to Outperform BTC? - This Chart Says YesEther looks set to outperform Bitcoin, at least that's what the BTC/ ETH Ratio says, with the presence of a clear head and shoulders pattern, which would suggest that the ratio of BTC/ ETH may well narrow to as little as 15:1 (this would equate to a price of ether of $2,400 USD at present time).
This pattern is even more easily discernible on an inverted chart of BTC/ ETH
'Inverse head and shoulders' (BTC/ ETH Ratio inverted)
This case for a period of ETH outperformance is strengthened with the current consolidation that BTC is experiencing, namely a pennant, clearly visible on the 4hr chart, with a potential bearish break resulting in a move ranging from $35,000 USD to $31,000 USD,
Couple this with the fact that ETH has yet to make new ATHs and is only a stones throw away from prior highs at $1,600 USD and it is easily possible to see the BTC/ ETH ratio at around 18:1
ONE way (not the only way), that this ratio could be achieved would be a fall in BTC to around $30,000 USD (a bearish move out of the pennant) and ETH to just reach prior highs at $1,600 USD, this would equate to a ratio of 18.75:1
In other words an outperformance of BTC of nearly 2:1
-TradingEdge
When to but Ethereum? Increase your BTC?This is the only Ethereum chart that matters
We have Inverse Head & Shoulder and descending trend line.
Entry level: break above trendline
Take profit 1: Red line
Take profit 2: 0.085
20/21 Bullrun:BTCUSD, ETHUSD & ETH/BTC - what's this telling us?I'm looking for a pattern of the ratio of BTC to Ethereum to try and get some insights of what may happen with Ethereum short term based on what happened in 2018 and how ETH tends to react to BTC historically. Would welcome thoughts and insights!
ETHUSDT VS BTCUSDTETH is in a rally as same as BTC and they are rising the same as the other for now and that's great for investors cuz they can take huge profits just need to careful about the boundaries plotted in chart
the story is ETH and/or BTC are going for a correction which it seems they need it and continue their bullish trend
if you are trader catch every wave is possible no excuse
if you are investor u can save and get more profit from these cryptocurrencies no excuses again !
ETHBTC Long 📈 BUY 🤑Hello friends!
With the start of a new and profitable week. Work and earn!
As we can see, the price began its downward movement and was able to break through the support line. At the moment, the price is below the line, which means this is already a resistance line. On November 24, the price began to decline. At this point, I think the time is beginning for a good buy price.
Please note that there will be a profitable signal today. I think that the price needs to reach the resistance line and a buy can be opened. This will be a good growth and a profitable signal. Now is a good time to buy a price. I expect the price to be able to reach the retracement zone.📈
Open the BUY.💵
❗Don't forget about stop loss.❗
Do you agree?)
Your Solldy.
Ethereum longA big big monthly Head And shoulders Pattern on ETH/BTC.
Hypothetically this could happen.
If you are holding Eth I'd keep hold of it ;)
My opinion is that fundametally central banks monetary policy (printing money and stimulus) is favourable for Ethereum and Bitcoin.
All the best for everybody!
If you are trading use stop losses, and don't use too big positions!
1st mistake beginner traders do is take too big risks
This is not financial advice
-Jebu
BEAM Found a New SupportBEAMBTC is Going for a Strong Support Zone at 0.00000500 Sats
❌MOM: Bearish Momentum
❌SMA: Price Below SMA Bearish
❌ADI: -DI > +DI Bearish
✅MACD: Bullish
❌PSAR: Bearish
Support And Resistance
S: 0.00000500
S: 0.00001710
R: 0.00001890
R: 0.00001970
R: 0.00002070
R: 0.00002210
R: 0.00002310
Volatility is moderately low
⚪️RSI:No divergences
⚪️MFI:No divergence
⚪️FVE: No divergence
⚪️Volume: No Trend or volume confirms trend
Not a Financial Advice
Do you're own Research
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Bitcoin looks ready to break out of a BULL FLAG!Keep an eye on the RSI, if the price breaks out of the bullish flag & the RSI doesn't break the downward sloping resistance to create a higher high than there will be a clear bearish divergence.
The DPO is starting to creep above the red downward sloping line of resistance, potentially indicating there is more upside price action & the price isn't ready to top out.
The dark blue line is the price of ETH on coinbase, Ethereum is noticeably taking charge of this bull run, very interesting.
Bitcoin | 13th August | Whats Happening.The yellow circle indicates the Double top formation and also a bull trap being extended beyond the downtrend line. Bitcoin needs to correct itself either in price by finding support at 50/100/200 EMA or in time by consolidating at these levels.
Outflow model always works, supply/demand is key.Since when I published that the Outflow model was in the lowest points BTC started to move up proving my point.
Even though the graph was looking bearish we always have to keep an eye on the fundamentals.
I am selling around 9900, if we consolidate the break of the triangle I´ll be back at it, if not I´ll buy again at the support.
Have a good one guys! And always share your thoughts!
ETHBTC - break trough resistance Hi Traders
Looks like ETHBTC finally will be able to break trough the resistance at 0.026 as there is no strong rejection at this level, like we had it before. As long as price sticks around this area I would expect it to break trough sooner or later. A potential target area for a breakout trade could be the region around 0.028
The bullish Hitman also indicates that this resistance will break.
BTC/USD (Local trendline break; Bullish Pattern still valid)BTC/USD
-Bitcoin manages to break the local trendline resistance
-closing the daily candle bullish
-new higher low is set at 9.2ks area
-upward trendline of ascending triangle still valid
-the priority is back to the bulls
-we may have a high chance to retest the 10k major resistance
-notice the volume decline approaching the triangle apex
-it is telling us a large move is about to happen
-be ready and always use a strategic stop loss area
✌️😁✌️ Bitcoin, Show Me Some Volatility! (BTC)💰 LET'S GET INTO SOME BITCOIN ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- Welcome to a new week Bitcoin & Cryptocurrency traders! 😁
- Now is critical time as the weekly is full on compression of a doji candle. We need some serious bull pressure to step in and break this out soon for bulls to reclaim territory.
- The 3 day is still showing red crossover candle, with a chance of average crossover.
- The ema dots indicator all 3 continue to fire red as the weekly begins to compress hard ad start to shift towards red ema dots.
- I believe that this week will be key for a market move to really start getting the volatility rolling back into Bitcoin.
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! 🖖😁
Have an awesome trading week!!! 💰
🥇MLT | MAJOR LEAGUE TRADER
