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Ethereum-bitcoin

Bitcoin | Out of the woods at last?A while ago, I posted on why SPX was not in the clear. Today, I will cancel myself out, like a common contradictory human being you will find out in the wild. This chart above is the BTC rolled chart back in 2015. Back then, very few knew about it. So with this short idea, I will try to get into the mind of the trader in the past, our ancestor. First of all, the elephant in the room: we missed a significant trendline. Price in the 2014 sell-off missed the trendline, and bearishly retested on it. Now on to the 200EMA. Since the weekly one is too long for the history of the chart, we step into the 3D one. What we see is that for the first time ever, we are below it. And VERY low at this point. It kept going down and down from 2014. Let's see some retracements. The November 2011 bottom is a good start to analyze from. Most tickers begin at around that time. We are below the .786 mark, by the looks of it. We should reach the .618 mark if we look for a bottom. What would a trader think back then? Probably the same that they would think right now. So what did price do back then with all that negativity incoming? Just this boring wick... Anticlimactic I know. Finally, look at this macro chart. Observe closely the RSI and the MESA Stochastic. Absolutely identical. Moral of the story? A failed EMA is not the end of the world. A violated "logistic growth" curve whatever that means, is not important. When charts grow for weeks, then months, then years, we should analyze them with longer and longer time intervals. For example the 200EMA on the 1W timeframe may not be significant now. We should switch to the 2W one. Final note: I tried constructing a custom RSI indicator, which could need improvement. What I have basically done is add an ATR band around it (inspired from the Keltner Channel indicator - which doesn't work if we add it on top of another indicator). ATR bands are EMA based and I find them more useful/accurate than Bollinger Bands. I will briefly explain one final thought. This chart above shows us the times when on the 2W chart we had "capitulation". That is RSI penetrating the lower ATR band. A closeup view follows: Back in 2015 we had capitulation on the 2W chart, now we have both in 2W chart and 1M chart. And an extra chart for today: This looks bullish mate... A Wedge pattern like a bull flag, with Stochastics giving us a big thumbs up. Again, just like in 2015. Bitcoin has grown up, it is now 14. It acts as a grown-up, in longer-lasting and more clear and decisive moves. If we wish to treat it as a grown-up, ourselves should grow up first. Another moral of the story: One way traders fail, is when they expect further drop that the drop already occured. When they expect more growth than the growth occured. It is the fear of missing out, only in reverse. Many, myself included, are posting on why Bitcoin will fall to 10k or less. It is THE SAME thing we had back when Bitcoin reached 70k and we were sure of 100k. Again, time to grow up, myself included. PS. Maybe we are in 2015 after all... I am a contradictory human being, don't judge me. Tread lightly, for this is hallowed ground. -Father Grigori
INDEX:BTCUSD
by akikostas
3
Is Ethereum going to dethrone the king!?This is the million dollar question. This has been a topic thrown around from time to time. Will Ethereum pass Bitcoin, Blah Blah blah. This is the first time I feel there is any evidence towards it. Let's take a look, as do believe that this could happen either before the next bull run or during the next bull run. Ethereum for the time is showing strength against Bitcoin in a bear market. We can clearly see it here in the Market caps of ETH and BTC as there is a clear divergence that has been made. ETH came close before in in 2018 at it's peak of the bull run. Ultimately in the bear market the gap of ETH market cap widened as it corrected much harder. Even with this divergence the gap percentage in 2018 was smaller than now but ETH has never shown us divergence against bitcoin. ETH along with every other altcoin has shown weakness and has fallen off drastically against BTC in bear markets, so this divergence is strange to say the least. What will it ultimately lead to? We don't know, but if it keeps up, it will eventually dethrone the king. It could just be signs of an alt-season that could be brewing. we don't know, time will tell us. One thing is for sure, there have been a few first times in the last two years and this is just another for the list. The crypto market is changing and growing while showing some different dynamics in my opinion. The indicator below shows ETH Volatility. The thing of importance is that the volatility has kept going up while the market cap of ETH has reversed course and has begun rising and showing strength while bitcoin's market cap fell more. Another thing to note is that this divergence started before the FTX collapse but even after it amongst all the fear ETH has stayed the course and it actually confirmed this trend and strength because of it. I have gone long with the chart as I do believe this trend will continue at least for the short to medium term. Please let me know your opinion down below. Let's see what people are thinking on this subject. Kind Regards WeAreSat0shi Stay Blessed!
CRYPTOCAP:ETHLong
by WeAreSat0shi
1
$ETH leading $BTC again - Looking better, againNot much buying in $BTC & $ETH Technically #BTC looks ok #ETH looks bit better Need 2c conviction & volume is simply NOT THERE Some technical improving on DAILY but NOT weekly More on #bitcoin & #ethereum below Weekly & daily chart - $ETH breaking ^ resistance, orange Bullish moving avg crossover RSI healthy #ETH weekly ABOVE RED Mov Avg RSI getting there Potential double bottom NO BUY VOLUME Small downtrends BUT MAJOR, YELLOW = problem #ethereum leading $BTC Need #BTC 2 LEAD #crypto
CME:ETH1!
by ROYAL_OAK_INC
ETHEREUMSubscribe and get a free trading strategy for Bitcoin and other instruments every day! Happy New Year and Merry Christmas my dear friends!🤑 Take a look at the chart, please! I show you two scenarios of the price behavior. Every zone supports or resists ETH. Now it's above the dashed line so a long scenario is more possible! But if it will be broken we should use a short scenario. P.S I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
by Anton_t_t_t_eng
3
ETHBTC: Bitcoin will outperform Ethereum unless this line breaksThe ETHBTC pair on a 1W basis has been trading sideways this past month. The 1W MA50 (blue) is supporting. With also have another two rising Support levels, the Higher Lows trend-line A (started on Dec 26th 2016) and the Higher Lows trend-line B (started on December 23rd 2019). The Resistance Zone since May 10th 2021 is holding and only if this level breaks, can we see an immediate rally on ETHBTC. Until we do, it is more likely to see Bitcoin outperform Ethereum as the candle action since March 2022 is similar to the one from September 2018 - May 2019. The 1W RSI is a testament to the repetitive nature since March 2016. If we get a repeat, that would make a bottom on Higher Lows trend-line A and then steadily rise on Higher Highs and Higher Lows. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
by InvestingScope
2
RLinda ! ETHUSD-> Resistance retest. What next? ETHUSD is sandwiched between the 1220-1171 zones. Loyal breakdowns on both sides and a return of the price to the retest of resistance. The key level for the price is 1220, further direction of movement depends on it We see the formation of downward resistance from the peak of the first correction in early November. The price has been testing this area many times, fixing and pointing us to the resistance. After another retest of the 1073 low, Ethereum is strengthening by almost 15% and is almost sticking to this zone. To sell (priority): Price could test downside resistance. 1208-1215 zone. If price returns under these levels, expect a pullback towards 1171, 1136 For buying. Key level is 1220. The price should break through the level upwards and consolidate. The subsequent growth from the level of 1220 upwards may provoke the increase in volume and the formation of an upward impulse towards 1250, 1289 up to the global resistance of November 2021. Regards R. Linda!
Long
by RLinda
24
ETH Ethereum: 1D Chart UpdateToday you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD). Ethereum is inside a triangle looking to complete a formation of a potential Bear Flag Pattern. The measured move of the Bear Flag formation is under $600. The price currently has two paths by either staying inside the triangle until completion or headed down. I think the $600 range may be resting place before more downside based on my prior ETH charts. I have been calling drops on crypto since November and December of 2021. I am more concerned than before that more drops are coming. Be careful. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
COINBASE:ETHUSD
by MillionaireEconomics
3
A MORE BULLISH DRAFTA quick update on my may bearish draft being 30-35% lower on total mcap I now tend to be more bullish as we are approaching what i believe will be the fear climax and therefore the place to place bids and hodl for the next 24-36 months The alts I have selected are: Majors - Atom : 30% - Eth : 10% - Sol : 20% Minors - QNT : 10% - Synapse : 10% - Looks : 5% that's a 85% total, remaining of cash will be allowed to the newest coins/narrative Cheers, stay safe out there those are brutal conditions
CRYPTOCAP:TOTALLong
by CRYPTODOTIDEAS
1
$CRV - Bull Flag BreakoutHello my Fellow TraderZ, I must say mini- #DEFI season is going on at the moment. Just look at $CRV #CURVEFINANCE - beautifully created the Bull Flag and consolidated inside the range for nearly a month or two and finally breaking out that too with the VOLUME . Currently, the breakout is being followed by the retest. I'm anticipating the price to complete another UP to give ~ 20-25% . If #BITCOIN breaks out 22.7k then the freeway to $CRV to test the July High. CHEERS FAM .
Long
by TRADER-GOKU