Something coolETHBTC
Price can be seen to be climbing nicely around the Fibonacci spiral
With a golden cross present
and no resistance in sight
this is very bullish
heres my previous analysis on ETHBTC forecasting a price
Ethbtclong
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.
ETH/BTC (Bullish Pattern Breakout: Confirmed)ETH/BTC
-a bullish breakout of the bull flag
-RSI hits above 70 condition level
-bullish EMA cross
-upside target is up to 0.026 sats
-stoploss below 50MA
Decision Time For Ethereum: Breakout Or Breakdown?Please Leave a LIKE and COMMENT in order to support my work.
All notes are on the chart. In my opinion, a breakout seems more likely due to the creation of a short-term symmetrical triangle after an upward move.
Target 1: ₿0.0245
Target 2: ₿0.028
ETH/USD (Bullish pattern still in play?)ETH/USD
-ETH bounced at 100MA on 4H chart
-key support today is 148 dollars
-ETH is trading inside this bullish channel
-if the pattern broke to the upside, the target is 173 dollars
-a break below 148 dollars will invalid this scenario
eth/btc Maybe !!!! support by Rsismall profit for 4 H if the volume increased in this few coming hours
Good luck..
ETHBTC Gann and SpiralGann and Fib spiral idea
looks good from a bulls perspective
Included a potential top
And any tips, help that is needed for these fib spirals? new to them.
Cheers
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 Broadening WedgeBroadening Wedge on ETHBTC
This is a bullish continuation pattern
Possible bottom
Butterfly bounce MA (shameless plug)
And my original Scythe pattern
ETHBTC - double bottomETH is growing faster than BTC.
in this pair is worth looking at.
double bottom pattern on the crypt market, it's working well;
Friends, thanks for your likes and comments!
Good luck with trading!
ETHBTC BUY IDEAI expect the price to react from the bottom of the channel and the trend line, the trend line that I marked with the first target arrow and if it breaks it, the new target will be the top of the channel
Please support by liking
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: Still doesn't look goodETHBTC keeps falling and does not show strength after it was rejected at resistance around 0.022 BTC.
Won't touch it near support for this time.
Information is just for educational purposes, never financial advice. Always do your own research.
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!
ETH/USD TA Update (bullish pattern confirmed)ETH/USD
ETH broke bullish of this inverse H&S pattern a few hours ago and the price is already trading above 50MA on the 4H time-frame.
This is a good market shift to the upside in the short-term. The overshoot target is up to 170 areas in which the 100MA is approaching in.
ETH similaritiesETHBTC, showing similar signs to the early stages of the previous bull run, simple comparison analysis.
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.
ETHBTC strong horizontal resistanceETHBTC is at a point where a strong horizontal resistance is present. Price is currently supported by 50MA on the weekly chart. A bullish W is also present on the weekly.
Ethereum/USD bear flag or what?Hello traders,
Here is an idea about Etherem dollar, the price seens to be making a bear flag but we need to wait for confirmation to configure a bear flag, if we broke on downtrend moviment our objective is the long term resistance line that have been broken and make a test on this line as support and caracterize a pullback, but fow now is time to do nothing and watch the price and wait for us know what do.
Please support this publication with your like. You are welcome to follow us on the Tradingview.
Best regard Sandro and Gustavo.
ETH/USD TA Update (Bullish Pattern Confirmed?)ETH/USD
ETH manages to break above the resistance area of this Ascending Triangle pattern today and currently testing is to confirm as new support territory.
If the price will hold current levels for the next 24-48hrs. There is a high chance ETH will further grow up to 260 levels before facing another strong resistance zone.
We have a bullish cross of 50MA and 26 EMA on the 4H time-frame which tells us the momentum shift to the bullish already.
The bearish side is only if price closes below the previous Higher Low at 226. This will lead back to the bearish area again.
Why The Ethereum Upward Trend Is Just Beginning!Even with the recent decrease, the long-term ETH chart still looks bullish. The price created a double bottom (bullish reversal pattern) on September-December 2019 at ₿0.0175. The pattern was combined with significant bullish divergence in the weekly RSI which was also at its lowest ever level. The closest important resistance area is found at ₿0.037.
As long as the price stays above the ₿0.0255 support, its long-term trend is considered bullish.
Now, the daily chart admittedly raises some bearish concerns, which however are yet to be confirmed. There is a lack of strong bounce from the price which is especially visible in the reduced length of the long lower wick. As is shown by the horizontal white and blue lines, the daily close of the first bounce was higher than that of the second one, a sign of weakness.
A daily close below ₿0.0254 (blue line) to me would confirm that we are heading lower. However, the price found support above it yesterday. The daily RSI also aligns with this view, since it is staying above 50. So, a price decrease would also cause the RSI to fall below this line, confirming that we are heading lower.
The hourly chart outlines our final trading range. We can see that the price has fallen below the middle of the range, but this did not initiate a rapid decrease. It is likely that the price will reclaim it soon, after possibly bouncing on the support line one more time, and head towards the range high.
TLDR - As long as the price does not close below the horizontal blue line (first image in the comments), it is likely to head upwards and eventually reach ₿0.037.
