Ethbtcbuy
ETH/BTC - triple bottomTriple bottom.
Three touches of the level, and the third hasn't reached the level.
It's a strong formation for trading.
It's worth trying to get in.
I think the air will grow faster than Bitcoin.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
ETHBTC Dips ETHBTC has tendency to dip below 50MA just to climb back up over and break upwards through the trend
This has occurred twice, outlined in yellow boxes, will it happen a third time?
Price is currently at the top of a resistance line of a Gann fan on my other analysis of ETHBTC A H&S formation may be underway.
I trust this previous analysis more than this one, Gann is quite reliable.
Thought i would post this bullish outlook regardless..
ETHBTC Breakout on the Weekly Chart ImminentKeep an eye on the big picture market dominance as the weekly candle for ETHBTC is now inside the cloud, and price is near to testing the long-term trendline. A beak above indicates bitcoin losing a lot of it's market dominance, making way for another alt coin bull run.
ETHBTC forming final leg of Shark | Good long opportunity aheadFormation of bullish Shark:
This time on very short term hourly chart the price action of Ethereum with Bitcoin pair is forming bullish harmonic Shark pattern and soon it will be entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: 0.023043 to 0.022906 sats
Sell between: 0.023164 to 0.023438 sats
Stop Loss:
The potential reversal zone area which is up to 0.022906 sats can be used as stop loss in case of complete candle sticks closes below this level.
This idea is for short term traders not a long term idea; I will be keep posting more trading ideas.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
ETHBTC Butterfly MA bounceBecause it looks like a butterfly.. Plotting potential movements of MA's on the ETHBTC pair. A 'scythe' pattern can be identified on the weekly chart, a bullish continuation pattern. This pattern tends to be more successful on larger timeframes, as with most patterns. A strong support level can be seen to have reached on the daily chart, potential upward movement in the coming weeks is likely.
ETHBTC ScytheMy first pattern identified as my own, the Scythe :) It appears to look as a reapers 'scythe', it is a bullish continuation pattern. It can be identified various times on this chart, and is appearing quite often across major and minor alt coins. Alligator can be seen to at a reversal point and 'eating' bullishly. Lets go ETH!
ETHBTC analysisMultiple chart patterns present, including symmetrical triangles, bullflags, bullish W. All three bullish chart patterns. An initial symmetrical triangle can be observed followed by a bullflag, following another symmetrical triangle. Included possible pathing within the second symmetrical triangle, but honestly as long as it stays within the triangle we're good. Looks very bullish.