ETHBTC Bounce baby bounceLow is swept
If price doesnt break the current lvl and later get rejected, bears are in treat, I'll look for short entry.
On the other hand if this lvl gets confirmed as support, this could be the best trade of the year for me!
Ethbtclong
ETH.BTC (Y20.P3.E1) Macro.structure.huge opportunity?Hi All,
Unlike many who see BTC going down alot, I'm the opposite with good reason. But that is another post.
Here I have the ETH \ BTC pairing and it looks really good, for an opportunity max. between the pairing. More BTC and or ETH.
Many believe ETH is going to dominate the crypto world, and I'm one of them.
Besides the point, lets look at the chart.
> Macro level we have the last remaining right shoulder left. Withing this shoulder, we also see and inverted H\S as well.
I have drawn the trend line which has confluence with the 0.5 retracement on this structure.
> Entry point has confluence with the daily 200 EMA
> Also note this structure is valid because we tested the bottom trend line x2 and the top trendline x2. So it paves the way for a breakout on the upside, not bearish at all.
> RSI supports the shape on the daily
> I also have the other indicators showing a bottom reversal area, reversal coming soon.
> Even the weekly 21 EMA has confluence at the entry point I suggested
> Weekly MACD almost crossing over to the positive \ upside
> On the macro structure, we have a giant reversal pattern be it inverted H\S or a bullish contracting triangle, both will give us the same target.
If you refer to my post below which covers the inverted BARR structure, we can see this also took place with the pairing. unbelievable. I which I learnt this strategy earlier.
If you havn't already watched the explanation video on BTC, I suggest you watch it as it will give you the understanding of the inverted BARR structure, which is also applicable to here.
This strategy will work nice when we come close to the major macro resistance trend line and I know exactly how to play it. I can't wait for that time, one huge profit opportunity.
If you keep following me, I will hopefully start posting these as well but maybe I'll do them somewhere else. On my personal Discord space area. Why?
I rather give it to the people who follow me than those who don't.
I don't want these guys who want you to pay for their idea's to take advantage of mine, that is the only reason.
As they will then claim to be good and keep people paying. Stuff that.
I havn't made up my mind ... what do you think?
Below now is some snap shots of what can be and what you can then start planning as the pieces fall in place or not.
Please give me a like or tick for this post, much appreciated.
Regards
S.Sari
Previous ETH post (not paired with BTC)
Link to my video explaining the current BTC events
ETHBTC: Easy range tradingI love this range, so easy to trade, until the price comes out of it up or down of course. Placing my bids at 0.0248 level for ETHBTC .
The idea is still the same, like 3 previous times: buying support - selling resistance ~0.0256.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
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..
ETH/USD (Retest recent High at 190 dollars?)ETH/USD
-found support at ascending trendline of support
-holding 20ma as immediate dynamic support
-bullish cross of 50ma & 100ma
-if 3rd candle close bullish green, we could expect another move up
-the initial target is the recent high at 190 dollars
-strong sell area is at 210 dollars
-our stoploss should be below 165 dollars
ETHEREUM Is ready to hit $200? (ETH/USDT BREAKOUT POINT)Ethereum opened the early hours of today sitting comfortably above the Pivot Point on the 1hr Chart, and so did ETH/USDT.
But what does this mean for ETH/USDT?
In the current bear zone($169-$172) where everything looks like bear market surge, nothing moves but stop loss keeps getting hunted down, (don't be one of those who call this type of situation a market manipulation as this is likely to affect how you make decisions in the future which will eventually lead to fear(EMOTION) clouding your judgements.
(Kindly like this post and share this idea if you find it useful, to encourage me make more future analysis on ETH/USDT.)
If we look at my last analysis on ETH/USDT, I stated that we will eventually consolidate for 2-4 days between $176- $152 when the price was still at $152.
Todays is the 5th day since my post, We have been able to eventually hit $174.95 and will today hit my proposed 1st TA $176.
In my opinion, From today We will see over 75% chances of breakout to the upside.
Why am I confident ETH/USDT will see $176 ?
If you look at the 1hr chart above, the early hours of the day opened above Pivot Point and it is still holding strongly for over 12hrs .
a lil dip is expected at $175 before hitting 176
This to me is a good bullish sign and in my opinion , Eth will out perform BTC in this run.
Another good look at the higher time frame(Daily)
My last analysis I warned show we could encounter a lil dip on the $176 before moving further to above $200.
To make it to above $200 Eth/Usdt will have to cross $176 or we will be pulled back by the bears.
Ethereum to outperform bitcoin?Symbol: ETH.D
Compared to bitcoin ethereum dominance has done the opposite. Looks stronger than btc dominance currently.
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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.
ETH.BTC (Y20.P2.E2).Macro.Outperform BTCHi All,
It is of my opinion that in the long run, ETH will outperform BTC.
> Simply based on the Wedge formation and fib levels (structure).
> and BTC dominance chart
> Not to forget, in the 2017 parabolic run, ETH and many other ALTs did the same.
My simple rule, below the 21 daily EMA, BTC dominates, above the 21 daily, ALTs dominate
Its ALT season !!
Please give me a tick or a like as an appreciation of this post.
Regards,
S.Sari.
BTC Dominance
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.