🚨 CRYPTO REVOLUTION: 0.5 BITCOIN FOR KEFIR 💊 PART 3📣 Hello everyone!
I believe that we are witnessing a global uptrend in the ETH/VTC trading pair and the value of Ether in relation to Bitcoin should grow over time.
In May 2017, the first wave of the cycle ended, then in September 2019, the correction in the wave of the II cycle ended, after which the long-term impulse wave of the III cycle started.
In the wave of the III cycle, an impulse wave has already passed at the primary level, and at the moment the market is busy forming a wave of correction of the primary level. I expect the correction to end at 0.037 minimum in July 2024, maximum in September 2025.
After the correction is completed, according to the logic I have built, a long-term uptrend should begin, the minimum goal of which will be 0.55 Ether per Bitcoin coin.
⚠️ Think for yourself, decide for yourself - good luck in making independent trading decisions and profit ✊
Goodbye!
ETHBTC
ETHBTCIt's around 800 days since ETH is under pressure from BTC many people during these boring period bought and bought without any profit and the loss their Bitcoins.
what happen next ?
I believe we are in a last leg down weeks tolerate a bit more it would be surprising after all even for a short time pumping.
ADA/BTC - My simple trade ideaADA/BTC went under a 6 months bottom trendline channel this week
I think its making a spring/fake out so basically :
if ADA/BTC manage to get back above this trendline, at ~550 there will be a possibility for the pair to go x10, meaning that ADA/USD could go at least x20 for this bull run
if it can't go back above this trendline, I will slowly quit ADA to go for other assets performing already well
Weekly RSI is in bullish divergence since the trend has started (summer 2024) so this is kinda a big sign that ppl are buying it and that the coin is not necessarily dead
note that ETH/BTC is quite in the same situation and I have the same strategy for this asset
ETH / BTC Secondary trend. Descending channel. Wedge. 18 10 2024A local wedge-shaped formation has formed in the descending channel in this ETH/BTC trading pair. There is potential for a breakthrough and price growth, to the resistance of this descending channel. Perhaps after consolidation. If this happens, then most of the “long-suffering” altcoins will similarly go up in price, but with a larger %. The local alt season will begin.
This trading pair clearly shows how money flows from one high-cap asset to another. Shown on the chart. Look at the time and the Bitcoin to Dollar chart, at the time of the breakout of the symmetrical triangle of the distribution zone downwards (weakness of Ethereum relative to Bitcoin). Since then, Bitcoin has grown in price by almost +200%. While Ethereum relative to Bitcoin has weakened by as much as -50%.
Now there is a reverse flow of bitcoin into ether, and some alts, for about 1.5 months already. Then, the money will flow into a variety of alts, which will consequently be reflected in their prices a little later. Today is a significant date 18 10 2024. There are 18 days left until the US presidential election.
Remember, about this, where this zone is in the main trend.
Ethereum: On the Verge of a Major Dominance Uptrend!Ethereum appears to be gearing up for a new phase of growth. Its dominance in the crypto market is completing a significant corrective phase — the second zigzag in a double zigzag pattern. This process has been unfolding over the past three years, correcting the previous growth seen from 2019 to late 2021.
Looking at the historical trend, we can observe a clear cycle: three years of decline followed by one year of rapid altcoin growth. This cycle, along with characteristic Elliott Wave correction patterns (where the latest structure shows a = c) and a false breakout at the critical 13.95% level, suggests that significant changes may be on the horizon. We also see confirmation in technical indicators — MACD, the MACD histogram, and RSI — signaling bullish divergence and a break in the downtrend on the Momentum indicator (40-day period).
A similar picture emerges in the ETH/USD and ETH/BTC pairs, forming a base for the bullish trend. This points to the potential beginning of a strong upward movement for Ethereum and an expansion of its influence in the cryptocurrency market.
There may be one more slight decline in ETH dominance, probably to the level of 13,6%, to form a double bullish divergence, after which I will accelerate my bullishness on ETH.
ETHEREUM look bullish (4H)Ethereum seems to be forming a bullish triangle.
From where we placed the red arrow on the chart, it seems that the correction of ETH has started.
We now seem to be in wave D of this triangle.
We are looking for buy/long positions in the green range.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ETH/USDT chart, which shows trading within a descending channel.ETH continues to trade within the descending channel, which indicates a bearish trend in the short term. A breakout above the upper trendline could signal a bullish reversal.
The immediate support level is around the $2,240 mark. If Ethereum sustains above this level, it could see a potential bounce, leading to a bullish move.
There is a crucial resistance zone around $4,000 to $4,400. ETH could face selling pressure when it approaches this zone.
The chart includes the 21-day simple moving average (SMA), which is acting as a dynamic resistance. A clear breakout above the SMA could be a bullish signal.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other altcoin.
@Peter_CSAdmin
ETHBTCLong term trend line being revisited this week...
Haven't seen that for eth in a while
Is this the psychological low or is eth destined for obscurity diluted out by other layer one chains...
From the stats I've seen from eths l2chains the eth economy is well and truly active with scaling nearing completion
Solana is the nearest competitor by use but the chain has decentralization issues and therefore has shut down multiple times in the last few years for periods..
Ethereums security lies in being able to access the network at all times.. something no competitor has managed at scale as of yet
Ethereum's bigger trend is bullishFrom where we inserted the green arrow on the chart, Ethereum has started to create a bullish diametric.
Now the F wave is over and Ethereum is preparing itself to move in the form of a G wave.
By maintaining the green range, it can be pumped towards the targets listed on the chart.
This means altcoins are bullish for at least 60-80 days
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ETH / BTC: A Potential Shift In Performance
It's no secret that Ethereum's price performance has been relatively underwhelming in the past 1-2 years, lagging behind the broader market.
A more clear picture emerges when we examine Ethereum's performance against Bitcoin.
On a weekly timeframe, the ETH/BTC chart reveals a long-term uptrend channel. However, within this uptrend, the pair has been in a downtrend since December 2021.
Essentially, the price has been moving from the upper boundary of the uptrend channel towards the lower boundary. It appears to have reached this lower boundary recently.
This suggests that Ethereum might be poised for a period of outperformance relative to Bitcoin.
Note: This doesn't imply a massive shift of capital from Bitcoin to Ethereum. Rather, it suggests that Ethereum could potentially appreciate at a faster rate than Bitcoin. The conditions for this shift may be maturing.
ETH/USDT 4HOUR CHART UPDATE !!The blue-shaded area between $2,680 – $2,800 indicates a strong resistance area, which the price has struggled to break. The price is currently testing this area.
The brown-shaded area between $2,165 – $2,250 is a crucial support level. If the price fails to move above the resistance, it could retrace towards this area, as indicated by the arrows on the chart.
The downward-sloping trendline (white) marks the resistance from previous highs, which Ethereum has been respecting. The price recently broke above this trendline, indicating a change in momentum.
The green line appears to be a moving average, possibly 200-period and has acted as resistance and support. Ethereum is trading slightly above this moving average, indicating a potentially bullish bias in the short term.
The downward arrow highlights a potential scenario where Ethereum may face rejection from the blue resistance area and drop back to the brown support area.
Do you want information on potential trade setups or further technical analysis on this chart?
Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
The difference between buying on the chart and actual buyingHello, traders.
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#ETHUSDT
When ETH looks good to buy, it will rise near the section the finger is pointing to.
That's because if you wait any longer, you will feel like you've missed it.
However, the section we should buy is the section the arrow is pointing to.
The best position among these is when it goes beyond the section the arrow is pointing to after September 17.
The reason is that the DMI and OBV rose near the BW line and HA-Low.
Currently, OBV has risen above the High Line, but since DMI is at 0, I think it would be better to wait until DMI shows an upward trend.
If you couldn't wait and were going to buy, you should have bought it at the time when you should have bought it before.
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The BW line has been created again near the current price.
Therefore, when it rises above the BW line and shows support, it is the time to buy.
However, since it was created at the highest point (100) of the created BW line, it is recommended to check whether it is supported even if it rises.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale upward trend will begin when it rises above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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If it is supported near 2531.05-2621.99, it is time to buyHello, traders.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day today.
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(ETHUSDT 1D chart)
ETH is showing a disappointing performance, falling more than BTC.
However, the current location, that is, near 2531.05-2621.99, is an important support and resistance area, so whether it can receive support and rise is the key.
We need to check whether it can receive support and rise to create a state where M-Signal on the 1D chart > M-Signal on the 1W chart > M-Signal on the 1M chart.
Therefore, ETH can be considered as a buy point at the moment.
If it falls, you should check for support near 2159.0.
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This is because the section that must be supported in order to rise is the 1941.90-2159.0 section.
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Since the BW indicator has touched the highest point (100), the BW line will be created soon.
Therefore, you should check for support at the newly created BW line and consider whether you can trade according to your trading style.
The stop loss point is when it shows resistance near 2531.05.
As I said again, the M-Signal on the 1W chart is currently falling just above.
Therefore, even if it is supported and rises now, it is highly likely to touch the M-Signal area of the 1W chart and fall, so you should think about a countermeasure for this.
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The next volatility period is around September 30th (September 29th - October 1st).
Therefore, the point of observation is how the M-Signals of the 1D, 1W, and 1M charts are arranged based on this time.
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Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will begin when it rises above 29K.
The section expected to touch in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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ETH/USDT 4-Hour Chart Update:The 4-hour chart shows a descending trendline that has acted as resistance, with ETH recently bouncing back after testing that line.
Ethereum has reached the $2,625 mark but is showing signs of correction.
A highlighted zone around $2,150 to $2,250 could act as the next support level if a downward correction materializes. This range aligns with a demand zone seen on the chart.
Based on the bearish sentiment and the break from the resistance, the next move could push Ethereum toward the $2,150 area, offering a potential entry point for buyers waiting near support.
Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
ETH/BTC Inverted - Apple / Blackberry. Times different?
Don't follow alt coins much nor Ethereum but I decided to check out the ETH/BTC pair inverted it and found a very strong similar pattern that Apple and Blackberry made after the dotcom bubble.
Apple as the strongest competitor in the smart phone scene left Blackberry spinning in circles with a last jump to try gain market share resulting in a fail of the share price.
Today? we see Ethereum playing out in similar fashion where Bitcoin started then Ethereum tried to tail the success of Bitcoin's innovation.
PoS could be similar to trying to put a physical keyboard on a smart phone.
If this is the case and Bitcoin goes on the run I expect it to, this could be the final wave of Ethereum's market share.
ETH/USDT on the 1-hour chartThe price recently broke out from a wedge pattern but has faced a minor correction after hitting resistance around $2,600.
The price is now retracing back to test the breakout level.
The nearest support is around $2,550-$2,537, indicated by both the trendline and the marked horizontal level.
ETH could continue its retracement toward the support, followed by another attempt to test the $2,670-$2,680 resistance zone.
A successful breakout beyond this zone could push prices toward the $2,700-$2,800 range, as drawn in the projection.
Let me know if you'd like further details on these charts!
Disclaimer: This analysis is for informational purposes and not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
#ETH/USDT#ETH
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 2200
Entry price 2400
First target 2750
Second target 3205
Third target 3740