This it's my plan to sell Ethereum to get BitcoinWe look that Ethereum it's up in front of Bitcoin and also in altcoins. Bitcoin and altcoin are weakness. For that, I invest in Ethereum now and accumulate more Ethereum in this bull rally.
So, ETH/BTC may to up so near of 50%, and that it's a very awesome to get earning in Bitcoin in this ratio. My forecast it's that Ethereum may to reach 0.1 BTC value.
So, if you hold 1 ETH, don't sell until the value increase over 0.1 BTC. Because this it,s my plan to sell Ethereum in 0.1 BTC each Ethereum that I hold and get Ethereum to accumulate in my trading app.
I hold 7.21 ETH now!!! But I will trying to reach 9 ETH to get exit in this plan!!!
9 ETH x 0.1 BTC=0.90 BTC
0.90 Bitcoin it's so near of 1 Bitcoin coin. And that plan will be so brilliant to take power in Ethereum to buy my another altcoins like Cardano or XRP for my next plan!!!
Ethereum-bitcoin
Ethereum EIP-1559 "London Fork"Ethereum is attempting to enter back into the acceding channel. Update made a positive move.
Watch out for rejection from this level as we are Over Priced on the RSI and hitting the trend line.
Eth was able to break the 2,500 Lvl unlike BTC having trouble taking 42,000.
We really want BTC to break 42,000 and hold to see good gains in ETH and Alts.
This update will bring ETH to an all-time high in the mid to long term. Due to Eth burns and cheaper gas fees. Shorter-term anything is possible if we have a dip, btd.
Smogster...
ETH/BTC Spread: Long-term count favors a crypto bubbleHere's the long-term Elliott wave count since we broke the giant triangle of cyclical wave 4. Now we are riding a cyclical wave V that should show a serious decoupling between Ethereum and Bitcoin. I expect both to rise, but for ETH to decouple three times the ETH/BTC ratio from its last month low. This means that this might prove to be the most feverish altcoin season ever! I have two bullish scenarios: the first scenario is that the cyclical wave 5 does a truncation (see worst case line) and the second scenario, the cyclical wave 5 would go all the way to reach the dynamic resistance aroud 0.15 or slightly higher (see best case line).
Intraday ETH/BTC Spread: 5 waves up completed, now correctingThe intraday ETH/BTC spread serves as a risk on/risk off crypto barometer. It has been evolving inside this giant triangle since May and has officially broke to the upside over the two weeks. This confirms my call that the bear market is over and that we are now in another altcoin bull market. The spread has finished 5 waves up and is now correcting. Althought I could be surprised, altcoins are going to take a well deserved pause and even decline relative to BTC in the upcoming days.
ETHUSDTLast post of a busy first week here on Tradingview, Ethereum has completed this harmonic, and from this point we are struggling to break the $2.8k-$2.9k level, now price is starting to reject going higher, we can look to short eth back down to the bottom of the range for trade points of $1700/$1800, This is my last post of the week, enjoy your weekends, and have a cold one on me.
ETH BIG RUN ON THE WAY??!ETH has been performing amazing against BTC recently with a beautiful breakout of the descending triangle, also we have well passed the bullish pivot point a few days ago and we continue to hold it for the overall trend reversal. We are just beginning to take a ride up the top bollinger band with the past couple candles hugging that top band, if we continue to do this i think flying right through the 0.2 FIB is very very likely! looking at the RSI we are just about into the top overbought zone but starting to curl downwards a little bit, the only key thing we have to watch here is if we are able to continue to hold the midline or 50. point if we can continue to hold here we will be back into a confirmed uptrend! Looking at the wave trend oscillator we are looking very bullish actually we have just passed the mid point and our wave is showing no signs of slowing down, we could see a wave top even at the top of the zone before coming back down. Lots of BTC money flowing into ethereum for in my opinion the highly anticipated London hard fork upgrade and EIP 1559! Overall very bullish on ETH and DEFI right now with arguably the biggest crypto event in the world starting tomorrow (smartcon) we are likely going to see lots of good hype around ETH and DEFI in the coming weeks! Not financial advice just my opinion!
POLKADOT // ALT COIN SHORTALT COINS ARE CURRENTLY LEADING THE MARKET
Most Alt-coins have already broken the 0.236 support on Fibonacci retracement, this means it will have an effect on the Ethereum and Bitcoin prices.
By the end of today Ethereum should be below 2450, and bitcoin will go to 36000 if it breaks 37545.
Ethereum Time Is Running Out! Prices Will Go Up.If you don't own at least 1 Ethereum you still have time. Owning 2 or more is even better. I know I've been sounding like a broken record but I seriously believe Ethereum will have a tremendous price value in the not so distant future. Owning at least 1 Ethereum will guarantee that you have some wealth and longevity in this space. The future of Decentralized Finance and economics is within Ethereum which is easily a multi-trillion dollar market in the coming years. Ethereum under $2500 is a bargain considering the events and changes in the months to come that I believe will have a positive impact on price.
On the weekly MACD we're starting to loose negative momentum and heavy sell pressure since mid May of this year. We're not overbought on the RSI which indicates there's some still some more run-up. But also keep in mind that on the monthly time frames we're still a little heated.
Consider this:
* EIP-1559 will make Ethereum deflationary and limited. It will also reduce gas fee's and forever burn Ethereum which will create a limited supply.
* EIP-1559 commences in roughly 2 days so far the biggest upgrade in Ethereum's history.
* We have strong support at $1690 and strong Resistance at $2900.
* This has been a heavy accumulation period in the entire cryptocurrency space.
* Bitcoin has defended the critical $30,000 support level.
* We're approaching the Golden Zone on the Fibonacci Levels (Golden Zone = 0.382 between 0.618)
My approach to the crypto-currency market and trading is always long term. I encourage you to have a long term mindset in these markets. Ethereum will be primed for serious gains considering we hit new all time highs on the Bitcoin pairing and re-test all time highs on the USD pairings. Believe in you're investments and be patient! Ethereum is key to the growth and future of this entire market.
Cheers! Much peace, love, health, and wealth as always!
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).
Ethereum - Potential Head and shoulders playLeft Shoulder - 2432
Head - ~ 2700
Right shoulder mid-August - 2550
Neckline - 2200-2300
See what happens..
It's gone up real fast due to bullish sentiment and over-shorting (those candles!). 2700-3000 is full bull trend reversal if it breaks it and holds 3000
I've been wrong before, but I can't see adding to my long ETH at this time. Hedging..
ETH - Daily ChartEthereum still has good buy volumes. Although it's fighting resistance right now, it won't drop that much.
I think it will either push up resistance or consolidates there for a few hours.
There are two main support areas in case of a collapse, which can keep the price up. and also watch out for this resistance, for opening long positions wait for a 4H candle above that area.
Use this char as your trade setup.
I'll keep this updated.
Current Market Price: $2606
Good Luck
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Time to Convert BITCOIN to ETHEREUM?! ALTSEASON Starting?!Is now the right to rime convert Bitcoin to Ethereum to increase your Bitcoin stack?
One of the best risk reward trades in cryptocurrency is knowing when to convert between Bitcoin and Ethereum. You can easily multiply your Bitcoin stack while taking on relatively small risk as Ethereum is the most stable of the altcoins.
So the question before us is "Is now the right time to convert some Bitcoin into Ethereum?" so that as ETHBTC rises, we will be able to increase our Bitcoin holdings.
On the bullish side, we do have a double bottom breakout which has been confirmed by the break of the neckline, indicating that the ETHBTC pair is likely to head higher. Moreover, ETHUSDT has had a huge double bottom breakout as well on the daily timeframe that has a technical target of $3000+ (though we would've liked to see more volume on the breakout).
On the bearish side, ETHBTC is running into trendline resistance (this is the trendline from a descending triangle), so the pair might get a rejection here. That said, if we are able to break out of the triangle and close above this trendline resistance, then we would have a double bottom breakout combined with a trendline/triangle breakout, which would be super bullish.
Let me know in the comments below of if you playing it safe and waiting for a daily close above the trendline or if you are being aggressive and converting Bitcoin into Ethereum Now.
Macro analysis of the Crypto market in relation to equities/DXYIn order to go long:
I want to see COINBASE:BTCUSD push through the .5 fib convincingly as well as test that incoming pitchfork after yesterday's doji candle. You can see that I have overlayed BTC shorts on the same chart. They were inching up earlier, but have resumed the floor it's been testing.
The AMEX:SPY seems confused going into the weekend (won't let me tag ES). Holding 4093 which was a major support this week, along with 4085, even though the waters were tested this AM in the futures market. The Overnight Reverse Repurchase Agreements on the bottom show that the Treasury is not done and supporting this market heavily still. If equities can hold off from dumping, we may see the Crypto Total Market Cap test it's Spring highs this upcoming Winter.
Right now that CRYPTOCAP:TOTAL is meeting resistance around 1.5T. The DXY has rallied slightly off COMC news on Wednesday that inflation is still transitory, despite missing projections. If we can see the dollar lose some strength here we would see the S&P rally like we saw from Nov-Feb as well as in April, which would be fantastic. We can see the BTC.D is rising and it is yet to be seen if BTC.D will bounce off of 50%. If BTC.D can rage along with the Total Crypto Market Cap, I expect alts to be okay and BTC fomo to take place. Idiots that are holding too many alts and bought all the alt dips after purchasing the top will probably get burnt and I wouldn't be surprised to see something similar to what we saw around Thanksgiving 2020 when the Crypto market sold off prior to it's massive growth in late 2020 into early 2021.
Lastly, pending the EIP1559 upgrade on Aug 4th, I projected a price of 2500 a week or so ago on COINBASE:ETHUSD (not on here, but I don't really give a damn - that's still my target). I expect volatility that day and for many traders to take this upgrade as a "sell the news" opportunity. However, if BTC breaks through the pitchfork as I alluded to in the first sentence, this 2500 target may be smashed through and CRYPTOCAP:ETH.D might give BTC.D a run for it's money if the news really picks up on it. I would love to see 1559 force ETH to challenge previous ATHs, but we will have to wait on the market to open Sunday, in addition to what Crypto has in store for us over the weekend. For awhile, the only thing certain was a crypto sell-off during the weekend, but last week the market really recovered into what we have at the moment.
Bitcoin\EthereumEthereum looks bullish against bitcoin in BtcEth pair
Macro targets in the chart if the bull pennant breaks out as the plan.
Take under control Bitcoin and Ether dominance to have more accuration if you trade Btc\Eth
Ethereum can overperformance bitcoin in long term
You dont need sell ethereum in usdt, just swap it in bitcoin for higher gain
Ethereum Consolidating!! Breakout??Ethereum is drifting in the vacuum zone between $2232 and $2400, forming a bull consolidation pattern. The Kovach OBV is flat, but if Bitcoin breaks out, momentum will surely carry through to Ethereum. We still must break $2400 to be solidly considered bullish and the next major level is around $2.5K. if we can break through to the upper $2.5K handle then we will be solidly bullish, but this is the make-or-break for Ethereum, and the crypto market. We will see if the bull run has returned or if we will dump back to lower support levels in the lower $2K handle perhaps today, but surely this week.
New Trend Signal For Ethereum - Time to Jump in LONG ! COINBASE:ETHUSD
This Trend Indicator system does not look complicated but it is one of the great systems used by one of the original billionaire trend traders from Richard Dennise Turtles. It works great on Crypto. I picked this up in 2012 when I worked on Wall St. It is not the Channel system some have seen but a lesser known system. Anyway the important thing is we have a start of a new trend it is official - get in now buy Ethereum !
Bull Consolidation Pattern for ETH!!Ethereum caught momentum off the pivot level of $2143, and smashed through the next level at $2232, though unlike Bitcoin, it did not have enough steam to recover highs at $2400. It does seem to be forming a bull consolidation pattern and if the renewed exuberance in the crypto market can sustain, it may breakout to test $2400 again. After that, there is a vacuum zone to $2556. If this fails, then we will see support at $2143, and $2087. The Kovach OBV is flat for now, so it could go either way.
ETC- Ethereum Classic Possible increase to 60 usd + 30% + inc..Hello trading friends,
ETC shows a possible day trend breakout for the coming time - if this target plays out we could see a 30% increase trend on ETC.
With the trend, it can still break down - but the whale interest on the level increase is still possible, as this coin can get a choice out since whales have some effects to choose a coin. ETC is not only interesting.. but it have also the TA to increase.
Targets
TP 1 56 usd +
TP 2 60 USD + this could be a 30% + increase
As always manage your risk always, and don't enter any coin with no SL.
Have a great time.
we will follow coming time this coin and update the targets as we do always.
Follow like for more. thank you
ETH Breaks $2400!! Finds Support from BelowEthereum showed very strong momentum and was able to peak above a significant level before retracing. Indeed $2400 seems to be a significant barrier for ETH but it is a good sign for bulls that it was able to break this level even just for a brief moment. A red triangle on the KRI confirmed the resistance. After this, ETH retreated back to comfort and support at $2143. The Kovach OBV is still strong but does appear to be rounding off. This suggests that current levels should at least hold for now, though if another selling wave comes through, we will have support in the lower $2K's. Watch for ETH to establish value in this price neighborhood.
ETH / BTC LTF BreakdownI think ETH will lag to begin w/ when BTC breaks out of this range.
Current structure just looks too toppy.
I'll wait to ape in until a break above ~ .07.
(yes obviously USD price will still go up so don't freak out)
Also I still think ETH/BTC will make a higher high before the end of the bull run.