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Ethbtclong

Ethereum Explosive Move On The Way!!Ethereum is looking absolutely amazing against Bitcoin right now and over the past while, we recently had a little accumulation phase where we saw sideways and slightly downwards movement where we built up momentum and now we are breaking out and starting to make a nice run upwards! All shown by my second scenario yellow path, personally think this is just the start for ETH and the altcoins as BTC dominance is looking very bearish! We are approaching resistance at 0.0769 where we could possibly face some trouble and then same thing slightly above around 0.0788, however i don't believe these levels pose a serious threat to ETH because of the huge amount of momentum i think is coming into the market soon. Look at the bollinger bands we are once again starting to climb that top band and for tonights daily close its looking like we are going to be closing directly ontop of here opening the door for an explosive move to the upside likely shredding through these resistance levels! The MACD, we just had a bullish cross a day ago and we are already seeing a very nice increase in our green bars on the histogram, this is exactly what we want to see and shows us the bullish momentum is growing! The MA's right away are giving good separation showing once again some big momentum coming and the more we see the blue move away from the orange the less likely we are to have a near term bearish cross, this also allows price action to have a couple red days for a cooloff without triggering a bear cross! Not the Squeeze momentum indicator, we are only on our first day of green bars on the histogram and this is a great sign that could showing us that a big run is on the way for ETH and the alts, since we are already significantly up on the month against BTC this is a very good sign considering we are only on the fist day of a possible bullish squeeze! The big part about this indicator is the squeeze release which is shown by the black crosses turning white, in this stage price action gets an explosive move to the upside and it is quite possible that we see an extended bull squeeze or even a double cycle bull squeeze! So stay tuned as i continue to update yall! Not financial advice just my opinion!
Long
by JacobR905
ETH/BTC About to Explode! Taking a look at Ethereum VS Bitcoin we have been following by second scenario path (yellow) pretty accurately actually and we are now facing a little resistance coming from the 0.0733 level but i don't think it is going to hold up, i expect us in the coming days to blast through here and continue to outperform BTC. The reason being is due to my outlook on the bearish looking BTC dominance and because over the past almost 3 weeks we have been seeing sideways movement which builds up momentum and i would say there has been a lot of accumulation going on this past 3 weeks, all bullish signs and definitely a momentum builder! If we do see a explosive breakthrough of the 0.0733 level we will be ending up right ontop of that top bollinger band which is a huge deal, we could see a huge run after grabbing onto this band and since we did see big sideways movement our BB's have been squeezing a bit ontop of price action which tells us an explosive move looms, doesn't indicate which direction but with everything i am seeing i think we can expect it to be to the upside! We also have the midline as strong support which is always good and adds a little cushion for Ethereum! The MACD looks super bullish we are just coming off of our red cycle with the Histogram declining day by day all the way to the current spot at the midline and now we await a breakthrough into green territory. we want to see an increase in each green bar showing strength on the bulls side, we are also awaiting a bullish cross which is plays into confirming this, we gotta see a good initial move with the blue MA taking off from the orange creating lots of separation lessening that chance of a near term bear cross. The Squeeze momentum indicator, we are currently still in a bearish stage but i don't think it is leading anywhere we are seeing flat and decreasing red bars which is a good sign for the bulls, it is highly likely at this point we will not see a bearish squeeze release, i believe the current red cycle is due to the slightly declining and sideways movement on price action. I think its just a matter of time before we see a push up into the bullish squeeze territory and honestly i think our current spot is very bullish and actually could be better that we are still in this red phase, reason being is that we could have an explosive move on the bollinger bands and the MACD pushing price action up high and then for our SMI we will only likely just be starting a bullish squeeze which could give us a sort of double pump effect, of course once we get to that point we have to see confirmation on the histogram with increasing green bars everyday. Not financial advice just my opinion!
Long
by JacobR905
ETHBTC Detailed AnalysisOn this chart I have used Fibonacci Circles and the Gann fan tool to create trends and alignments that only are seen when using these tools The key takeaway from this in short, is the trend alignment along the bear circle and the bull circle, placing the current bull formation directly above it Also, using prior dates regarding bear run beginnings and bullruns we can hypothesise the end of the current run Which I place around mid 2022 Obviously I believe ETHBTC will not just hit, but smash the ATH with force before this time
Long
by Bixley
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.
Long
by marcusdw1
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.
BITSTAMP:ETHUSDLong
by UnknownUnicorn2413721
2
#ETHBTC is likely to pump 20% . Here's Why!Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. 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




Long
by Cryptorphic
4
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🚀💣
BITSTAMP:ETHUSDLong
by RocketBomb
9
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!
Long
by JacobR905
💡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 ❤️
Long
by ForecastCity_World
12
💡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 ❤️
Long
by ForecastCity
5
🚀 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.
Long
by Coinrule
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
Long
by alikratos29