ETH downtrend before bounce. ETH isn't looking particularly strong here. This upward support line is getting smothered with indecision from the market. Supports that get smothered get broken. I wouldn't be surprised if ETH breaks this support to the downside.
Based on the most recent major move up, you can use fibonacci. On strong charts it is normal for it to retrace to the 0.5 fib and on most charts it falls down to the 0.618 level. These levels are 3760 and 3480.
I'm expecting a slight drop down to the 3480 level soon. It may only touch it for a moment and get bought back up, as it is very common these levels get hit and the 'market bots' begin buying again.
Not a good place for a long position right now.
ETH-BTC
$ETH TO $6K?!Expecting Eth to make some moves toward the end of the year aiming for a breakout first.
Once we have broken out and had a retest I personally think we will be flying the first target of $6,000.
Overall eth looks strong and has been holding down the trend we look similar to the previous just a longer accumulation period.
The RSI also looks really similar to the previous leg up we had.
ETH Ethereum Long Idea ETH has been victim to the sell-off that's occurred in the cryptocurrency markets in recent weeks. The price has finally broken below the key $4000 number which is a worry. However, in the short-term a bounce back to the $4000 level is likely considering the recent price action of ETH. The RSI levels for ETH on the 4hr chart remain oversold which shows that a change in momentum is possible, at least in the short term. The price has also found temporary support between $3750-3800, if this holds then a retest of the $4000 area is plausible. The stop loss area for this trade will be at $3680 which is 4% of the trade size.
Deep flight ru invasionRegardless of the radial nature of the alternative tokens in relation to Bitcoin, which like the sun in a limited space allows all these speculations to take place, it never ceases to amaze the potential bribed due to the threat of chain blocks reorganization by ordinary hackers on a platform that already has not yet taken place, where incomprehensible blocks are burned by mysterious manual algorithm. irrepressible, not so crypto marketers manage to disperse the deficit of endless emission in spite of all the mathematics based laws, but not programming that in its case can do everything, AI uses cookies to turn the manufacturer's software console inside out in the near future. Improve roads. Trash is on its way. Too much information. No inspiration today. I need time to explain, but one is not exist. Season greetings!
Etherem is stronger than Bitcoin ...***
As we have seen these days and in recent months, Ethereum has emerged stronger than Bitcoin.
Ethereum ascents and corrections are reasonable, and in this recent decline, Bitcoin has shown more resistance than bitcoin, and according to the patterns on the chart, there are signs of ascent in it.
I think, unlike Bitcoin, which continues to improve, we will see the growth of Ethereum in the coming days.
I hope this time Queen Ethereum will take the Bitcoin emperor by the hand and pull him up.
Of course, all these scenarios were available for Bitcoin before the fall, but Bitcoin fell.
What mattered was the resistance of the Ethereum to this fall.
In the Ethereum to Bitcoin chart, we also see Atrium to Bitcoin rising.
Finally, my advice in these days of uncertainty is to enter the market with caution ...
#ETH/BTC
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DOGE - 11/25/2021The trend set from 4/19 looks good still. The daily chart for doge is almost very oversold. The macd looks like it's showing momentum upwards. ETH and BTC look like they're showing signs of reversal, and if it's true that their price action and the trading pair values for them are good indicators for doge movement, we could see a good reversal for doge soon.
I think it's entirely possible that doge could drop to .1950 or .20 cents though before another spike. I'm still focusing on buying under .2160 as a good position for the upcoming run.
BTC could drop to 54k and ETH to 3950/4k areas following the same concept. I think it's a little less likely given the action in their prices, but not out of the question at all.
Ethereum vs Bitcoin Set To New All-Time High!We are looking at ETHBTC (Ethereum) long-term, this is the monthly chart.
The stage is set for new All-Time Highs.
ETHBTC is looking strongly bullish.
We have the cup pattern clearly marked, which shows that any correction is in the past and already over.
We have prices trading above EMA50 and flying above EMA10.
We have a bullish count on the TD Sequential indicator, with plenty of room left available for growth.
The MACD is looking good.
The RSI is super strong.
It will be sudden and when it starts it will just go and go and go...
50% can be done easily, then the last ATH and 189% as the new jump.
There can be more...
We will let market take care of the rest as our strategy is simply to buy low and hold, just wait for the prices to go up.
Namaste.
ETH/BTC ready for retest ETH/BTC is approaching a retest of its recently broken downtrend. I'd be looking to long upon retest with a hopeful push to the 0.100000 BTC levels. I am unsure on BTC it's self though but ETH will fly once again if BTC can hold its current range and hopefully break towards the upside.
ETHBTC 2022 projectionThe red line indicates a possible target for an ETHBTC market top within the coming months.
The yellow dots represent alternative market tops, where both BTC and ETH are at their respective market tops at the same time. (See related charts)
The red dots would imply ETH being at its market top, and BTC below it.
CELR network starting run to 1 dollar.Last TA on CELR got invalided this asset is incredibly volatile, massive swings and misleading volume reading but now this time round with the Gann Fans we can get a better idea on where price is going.
16 days we have been holding this trend line , price spikes down to the to the white box but instantly gets bought back , macro structure now finally in a uptrend. Sometime in the next 8 days we will have to see a break of the 2/1 Gann ratio or else we go down again.