$ETHBTC breaks out! Huge Gann 50/50 target in sight.The ETHBTC pair made a significant move last night, after consolidating for 50+ days at and above a historically significant S/R level.
Price is at February 2020 resistance (~0.028).
If that breaks, expect to see a very big rally in this pair heading into October which is marked by the Gann 50/50 (half the rally taken back, in half the time #vibrationalsignature).
Defi has been a huge narrative this year as "new" layer-2 protocols like Aave, LEND, Kyber etc. run wild.
In this environment, it's just a matter of time until the hyper bullish narrative translates to price action on the Ethereum chart.
A break and close of the .028 BTC level on this chart should really get the party started.
Ethbtclong
Longing ETH/BTCThinking ETH will likely outperform BTC in the next days.
However, keep a close SL as BTC may take a last dump.
ETH/USD (Bullish Daily Pattern?)ETH/USD
-price action has been making a series of Higher Lows
-and a clear flat area of resistance making an ascending triangle
-to confirm this pattern, we need to see a break above the area of resistance
-if that happens, buyers will start to jump in to move the price higher
-technically, bulls have the chance to win this game in my opinion
-but let us all wait for the confirmation before making a big decision :)
ETH-BTC Scenarios, GannBullish and bearish options for ETH-BTC
Hoping for the bullish outcome because im long ETH xD. Supported by the 1/1 Gann line
ETH-BTC Another move upRounded top breakout to the upside
Two falling wedges has formed prior
This may be the third impulsive action for price
15 min chart
ETH-BTC IdeaShort term bearish, however it is simply setting up for its next upward move supported by the MA line
I think the ascending scallop will break down
"The scallop looks like the right half of an umbrella" A small decline after the scallop breaks down is expected followed by a large rise.
ETHBTC WAIT BUY OR LONG , TARGET UP TO 0.03250ETHBTC : There are two "Cup and Handle and Double Bottom" patterns that can be confirmed when the price overcomes resistance at 0.02650
Buy at : 0.02650
Stop loss : 0.02450
Target : 0.03250
Wish you good deals!
ETH-BTC LONG TRADE IDEAPlease manage your risk. Use Stop loss. And do not take blind entries.
If you have question let me know. If you want to analyze any pair let me know.
ETH/BTC - You in or out?Ethereum showing clean signs of a breakout from a triangle.
- Target 0.030156 BTC
Leave a like if you think i deserve one. Thank you.
Until next chart.
ETHBTC Set Up for 170% Rise
Check out the thick cloud directly above price on this ETHBTC weekly chart
A weekly candle close inside the cloud indicates ETH beginning a strong bull rally compared to BTC with a 170% target (edge-to-edge trade)
MACD and RSI both support that direction
The best part of this set up is that a rising ETH leads to rising altcoins. Buckle your seatbelts. Bitcoin dominance is being tested.
ETH.BTC (Y20.P3.E1).v2.Macro.structure.Hugh opportunityHi All,
This is the bullish perspective and is probably the higher probability which is we are making the right shoulder.
Like ADA, ETH is one of those ALTs that are likely to give better returns than BTC.
It wont be long where ETH 2 will come to fruition
Right now, like BTC, I'm expecting some sideways range movement just below the main resistance.
its possible that there could be a spillover and we pullback to 0.5 fib level or deeper.
The least likely is to hit the bottom of the structure again.
My BTC paring targets are 2 as we have 2 areas of confluence based on the macro fib. retracement level and also price action areas of resistance and support.
If one notices, it also has confluence with the height of the head.
Patterns alone cannot be tructed, so looking at the Phoeix Daily, we are still bullish and hence why I say a ranging price area, symbolized by the ascending triangle (in grey).
The weekly chart also shows significant bullish signs, with the MACD, RSI and Phoeix. All good for the time being.
Please give me a like or tick for this post
Regards,
S.Sari
WEEKLY CHARTS: Indicators
2 Day volume profile
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Inverse H&S structure
ETH/BTC 4H Continuation of Daily Chart AnalysisSo as mentioned in the linked previous idea post.
It seems to be getting resistance now exactly at the upper part of the triangle so if it doesn't break soon expect a leg down to the bottom of the triangle for a possibly ideal long position.
Ethereum AnalysisBroke out from a falling wedge
looks good for a buy
Multiple rising wedges have appeared pretty interesting, and the wedges appear to be layering themselves ONIONS HAVE LAYERS
ETH/BTC - ETH looks strongerETH looks stronger than BTC in relation to the dollar.
The level of 0.0222 is being raised.
Puncture and fixation will open that one by 0.0223.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
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!
Only for those who are not afraid of SL hit.we’re shifting SL to 0.020998. Enter only above 0.021700.
Hit like if you’re following the same.
ETHBTC Make or break the wedgeETHBTC is currently in a broadening wedge
Price has reached a critical point
it looks good
Could form a V pattern
Linking my theory on fib waves, not sure if its known but its theory in my books lol
