ETH/USDT long term out look.always zoom out!! Focus on the long term. or at least have a long-term bag on the side.
ETH/BTC is still on track as well! If ETH/BTC can reach 0.14 BTC think again about what would happen with USDT pair also keep in mind when BTC price goes higher
so does the sat value of ETH/BTC
Previous Update:
For in and out trader's
Target on the chart.
Invalidation point $2860
#bitcoin Long-term
Ethbtclong
Daily ETHBTC UpdateETH continues to hold the short term up trend against BTC. I've zoomed out on this chart to show what my long term thesis is for this relationship. We have been in a long consolidation pattern (triangle) which I'm viewing as a continuation pattern of the up trend for ETH over BTC. An approximate price target measure from the flag poll would see ETH being worth around 0.13BTC (almost double where we current sit). This just happens to also sit right on the 0.786 Fib line. Time will tell as we first need to see ETH break out of this consolidation to thee upside in a timely fashion.
ROBOTRADER ETH Buy on Breakout, hold for 24hrs, 10% gainChart says it all. Robotrader immediate timeframe on breakout to ATH. Ride it hard for at least a quick 10% gain. Will check in what the charts tell us then. It might be violent. Please strap yourselves in. ETH inventory is decreasing at an alarming rate. Smelly men in with black hats and cigars will tempt you to redeem your ETH for incredible interest rates. Do like the whales, research cold storage and leave the SHARK TANK.
#ETHBTC is likely to pump 20% . Here's Why!Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
ETH Broke out of the channel and is currently retesting the resistance turned support.
I expect two scenarios here.
Either we start pumping from here or ETH can retrace a bit to the .062BTC level from which I expect a good rally.
Target will be .075 BTC to .08 BTC which is the upper channel resistance level.
This chart will be invalidated if we break below the lower support trendline.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Ethereum / Dollar 💥 looks HOT🔥 +300% Hello, my friends! Ethereum still at strong resistance 🧐
Today I decided to compare the pattern from which there was a shot up ( in the last bull run) with the one we have now!
The similarity is striking!😱
Of course, we must understand, that for a safer trade, it is better to enter on the breakout of the triangle!🔥
Let's do the same with the Ethereum to Bitcoin chart, as they are very dependent on each other and many altcoins along with them.🧐
I think this ☝🏻 explains why I love fractals so much! After all, our whole life and everything around Us also consists of fractals!
I hope you still have questions, let's discuss, I'm waiting for you in the comments💋
And have a great time😘
Your Rocket Bomb🚀💣
ETHBTC Scenarios that could occurLooking at ETHBTC we can see a large triangle or similar to a bullflag
This could breakout nicely upwards which I think it will
The other scenario however is that this is a top formation and the two squares both indicate points of a double top
I am very bullish on Ethereum with Visa's involvement
ETH / BTC Making bullish Cup & Handle on 1D ! Eth / BTC pair is looking super bullish on daily chart ! it making bullish Cup & Handle . looking at all possible scenario eth will out perform btc and there will be a massive alt season in q4 ! it will be the buy and hodl season ! am bullish on alts after analysing this pair !
ps:- NFA . this is only my analysis on chart !
follow me on twitter @Crypt001337
Ethereum ready to take off!!?Looking at Ethereum vs Bitcoin we see a clear descending wedge which is very bullish in itself and as you can see to the left of our current wedge we had another descending wedge which blasted us upwards once we brokeout. Think we are looking very good overall and wouldn't put it past ETH to pull this off again! We have a very heavy support area below us shown by the rectangle, we have the pivot point which acts as support and then aswell as the bottom of the wedge which is also support, on the other hand though we do have a fair amount of resistance above us, the top of the wedge, the 0.2 FIB level, resistance at 0.0741 sats and then the R1 resistance. the beauty of this and the positive is the fact that we have had quite the correction and cooldown across the whole market and plus once we do start to see bullish momentum it is going to be explosive, plus don't forget the very bullish pattern we are currently in, once we start to take off i would say we can most likely easily blast through most of these levels because they are so close, and i would expect us to reach the R1 level before we start to see some pushback from the bears, even at that point though i think we could shred right through there after a couple attempts at the level. Looking at the MACD we are seeing a steady decline in the red bearish bars day after day and thats exactly what we want, bearish momentum draining out and giving the bulls that chance to really takeover. On the MA's we are seeing them getting pretty close together which is a good sign, meaning we are getting closer to a bullish cross, however there could still be a couple or few more days of decline due to the fact that the blue MA is slightly turning to the downside. The Wavetrend overall looks great, we are nearing the bottom zone which is the buy zone and we are seeing what looks like a sort of bottom out from this downtrend wave, like i said with the MACD we could still see a bit of a decline on the wavetrend but i really doubt we go much further, we want to keep an eye on those red crosses and as you can see we are pretty close to getting them underneath our wave to start giving us that push back up! Not financial advice just my opinion!
💡Don't miss the great buy opportunity in ETHBTCTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.0695).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.0777
TP2= @ 0.0820
TP3= @ 0.0855
TP4= @ 0.1000
TP5= @ 0.1105
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn!
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💡Don't miss the great buy opportunity in ETHBTCTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.0695).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ETHBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.0777
TP2= @ 0.0820
TP3= @ 0.0855
TP4= @ 0.1000
TP5= @ 0.1105
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
🚀 The Great FlipThe market is betting which project will be the Ethereum-killer. Solana, Terra, Avax and Cardano have been performing exceptionally well recently. Investors believe they will outpace the "old" Ethereum in the race of scalability of DeFi, bringing crypto to mainstream adoption.
Yet, Ethereum doesn't seem to be giving up the throne anytime soon. Total value locked in DeFi protocols recently hit a new all-time high, and that's mainly due to protocols running on the Ethereum network.
Looking at the ETHBTC chart, it's clear how Ethereum is building a solid bullish momentum. On a higher time frame and on such a large time scale, moves like this happen for a reason. Ethereum has just become more scarce (following the EIP-1559 update), making it close the gap slightly with Bitcoin.
Supply and demand is always the main driver for price and a supply shrink coupled with growing adoption push immediately the price up. Not to mention the increasing number of coins staked in ETH 2.0.
Solana and other protocols are still good investment options that will likely outperform both Ethereum and Bitcoin. But they also carry higher volatility. From a risk-adjusted perspective, Ethereum is now flipping Bitcoin . Institutional investors have already realised that, so more smart money is likely to flow into ETH. Just wait for the next big headline.
Let`s analyse ETH/BTC and ALTS/BTCHello guys in my previous idea about Others Dominance we have seen its moving up ...
so Eth/btc has broken above the pattern and looks like pullback is over and prices are trading above ema 50 and ma 50
i drew a support for this idea if this holds we move forward and we will see higher prices
if this not ,i drew for you guys next supports (i do not recommend to hold this one if this happens ! )
Overall this is attached to others dominance moves ... ( and whole alts/btc are attached to eth/btc ) !
so if we expect to see higher prices for eth/btc we are expecting to see higher prices for all alts/btc .
i say again this is a good support and shows us we will move higher or we break down !
i think this is 80% going up for all market !
---
This is just my idea and its not financial advice !
be aware of what you are doing and what you are trading !
Good Luck
ETHBTC Explosive Breakout!ALTseason could be upon us, ethereum just had a beautiful breakout against BTC out of this descending wedge! We are currently facing some resistance at the 0.2 FIB but we did have a nice wick pretty well above here! We notice on the MACD we are in and out of a bullish cross and we gotta look for separation in the MA's once the bull cross happens, we need to see that momentum pick up, also the histogram looks great we are coming to an end with the red cycle and we are very close to breaking into that bullish territory, we want to see increasing green bars each day! Now checking out the bollinger bands, we are looking very good our current candle has touched the top band which is always very bullish and if we see this continue im sure we are going to melt up pretty hard, we do have some light resistance halfway through the 0.2 FIB and im sure if we take a ride up the bollinger bands it'll take us right there! Not financial advice just my opinion! ps. very important that we get a daily close above the 0.2 FIB, then we will be looking mega bullish!
ETH/BTC - Flippening is inevitableETH/BTC is looking very nice here. Price broke out of the May peak trendline and consolidating above. A/D value also broke the same trendline and 21 EMA and consolidating above both.
Bullish until breakdown of any of these lines. Target 0.1 if bullish sentiment continues.
ETHBTC Parallel ChannelETHBTC Weekly looks like a potential parallel channel .
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and are therefore are unqualified to give investment recommendations.
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This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
ETH/BTC quick lookA very quick look at ETHBTC shows that we broke out of a very large descending wedge and also broke through the 0.382.
However, we failed to maintain the 0.382 as support. meaning that the next support level could be the top of the descending wedge. Switching it from resistance to support.
Breaking out of this rising wedge has a theoretical target of 0.114. But there are many resistance levels that will need to be overcome before then. This will require ETH to outperform BTC until around mid-September. This is tricky as ETH generally lags behind BTC (meaning this trading pair will go down in value). And whenever BTC experiences a correction altcoins (ETH included takes a harder hit).