BTCETH trade ideas
Eth/BtcEthereum Long-term Scenario may be play out like this. not a financial advice. Very Bullish Above 0.36 Price Range.
ETHBTCLong term trend line being revisited this week...
Haven't seen that for eth in a while
Is this the psychological low or is eth destined for obscurity diluted out by other layer one chains...
From the stats I've seen from eths l2chains the eth economy is well and truly active with scaling nearing completion
Solana is the nearest competitor by use but the chain has decentralization issues and therefore has shut down multiple times in the last few years for periods..
Ethereums security lies in being able to access the network at all times.. something no competitor has managed at scale as of yet
ETHBTC is close to a heavy bounce indicating an alt seasonETHBTC is close to a long term trendline and we can expect a hefty bounce which will trigger the alt season. HOWEVER, do not think this bounce will hold. ETH is weak, ETH has no future in my opinion and this is just a bounce.
Get ready to capitalise on it.
BTCETH SELL ANALYSIS RISING WEDGE PATTERNHere on Btceth price has form rising wedge pattern if the line 24.4326 then going for SHORT is needed with the targeting profit of 24.0479 and 23.6632 . Use money management
ETH / BTC: A Potential Shift In Performance
It's no secret that Ethereum's price performance has been relatively underwhelming in the past 1-2 years, lagging behind the broader market.
A more clear picture emerges when we examine Ethereum's performance against Bitcoin.
On a weekly timeframe, the ETH/BTC chart reveals a long-term uptrend channel. However, within this uptrend, the pair has been in a downtrend since December 2021.
Essentially, the price has been moving from the upper boundary of the uptrend channel towards the lower boundary. It appears to have reached this lower boundary recently.
This suggests that Ethereum might be poised for a period of outperformance relative to Bitcoin.
Note: This doesn't imply a massive shift of capital from Bitcoin to Ethereum. Rather, it suggests that Ethereum could potentially appreciate at a faster rate than Bitcoin. The conditions for this shift may be maturing.
ETH/BTC lower - Price did not manage to set in a new high in a down trend
- Simple maths = lower prices
eth climax inboundif it doesnt drop here expect a wick into the sell zone and down for the month close
ETHBTC - Search for the bottom, miss the bullETHBTC has reached a critical support. The month will close in 2 days. The most important support for the ETHBTC pair is undoubtedly the highest volume bar below. People waiting for the bottom are likely to miss the bull. Have fun shopping
[ETH/BTC] Will ETH able to overcome BTC dominance ?Here's BINANCE:ETHBTC daily chart. I see a bottoming in progress. Divergence in play & price start showing effort to climb. Watch that level, if break, then ETH could accelerate against BTC.
Watch & see.
$ethbtc come back!Gartley harmonic formation in BINANCE:ETHBTC parity produced us an absolute reversal signal!
CRYPTOCAP:ETH is the precursor to #altcoins and confirmation of the comeback process for #alts 📈
ETH/BTC Inverted - Apple / Blackberry. Times different?
Don't follow alt coins much nor Ethereum but I decided to check out the ETH/BTC pair inverted it and found a very strong similar pattern that Apple and Blackberry made after the dotcom bubble.
Apple as the strongest competitor in the smart phone scene left Blackberry spinning in circles with a last jump to try gain market share resulting in a fail of the share price.
Today? we see Ethereum playing out in similar fashion where Bitcoin started then Ethereum tried to tail the success of Bitcoin's innovation.
PoS could be similar to trying to put a physical keyboard on a smart phone.
If this is the case and Bitcoin goes on the run I expect it to, this could be the final wave of Ethereum's market share.
Ethereum is a dealEvening mate , i gave you eth at 1600$ but once again i see a chance to accumulate this giant.
Price right now is on a very strong support which we can also consider as a retest. There’s a massive pitchfork i see which causes candles to react beautifully, as you see we are hitting the floor atm .
I think buying eth now is like buying eth below 500$ in the last cycle, it also indicates a good reversal signal for altcoins as well .
Love you all .
Daddy sharkie :)
ethereum outlookIs Ethereum dead? I don’t think so. It’s been in a period of hibernation, but I believe it's poised for a comeback. ETH has been in a descending channel for some time, but it's nearing the bottom. I expect it to retest the green multi-year trendline and bounce upward. The weekly RSI has already broken out and is currently being retested. The red circle marks where I anticipate the bounce, and from there, I believe ETH will rise again, catching many by surprise.
Getting Ready for a Strong Bull Market in ETHBTC!🚀 The pair seems to have bottomed out, and the arguments are increasingly favorable for an upward movement: 88.89% Bullish vs. 11.11% Bearish.
Bullish Arguments:
Monthly Bullish FVA
Monthly Discount Array
Weekly swing low being disrespected
Daily swing low being disrespected
Daily Bullish FVG respected
Daily swing high being disrespected
4H swing high being disrespected
4H swing low being disrespected
Bearish Argument:
Monthly PCL being respected so far.
🔍 We are on the verge of a bull market. Remember to manage your risk and be masters of your emotions! Don’t hesitate to take profits and, most importantly, learn from your mistakes and successes.
Let’s go for it! 💪
if no one else wants to do itI'll call for a bottom here
stablecoin marketcap going up bullish for defi
very oversold
ETH vs BTC vs SOL BNBETH was consistently lost value against BTC over multiple cycles, take a look also at SOLETH chart, you will see...
This trend, ETHBTC, is here to stay and ETH will remain just another coin?
My perspective: this cycle is decisive for ETH
$ethbtc BINANCE:ETHBTC parity is testing the 0.038 region for the first time since April 2021.
The current zone is a major buying zone, a bullish wave will begin after horizontal consolidation!
#Bitcoin #Ethereum CRYPTOCAP:ETH CRYPTOCAP:BTC
ETH/BTC bearish: Important zones to accumulate ETH!!Join our community and start your crypto journey today for:
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Let's analyse ETH/BTC here.
A bearish trend for ETH/BTC, with a breakdown from a triangle pattern and a potential for further declines.
Key Observations:
Triangle Breakdown: The price has broken below a triangle formation, indicating a potential downtrend.
Lack of Demand: Ethereum is currently facing a lack of buying interest.
Support Levels: If the price doesn't rebound from recent lows, a more significant drop could occur.
Potential Strategy:
Accumulation: Consider accumulating ETH if it rebounds from these support levels.
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Happy Trading!!
ETHBTC Still has more to fall.Charts always tell a story. Not familiar with the fundamentals of ethereum at this moment but expecting another %30 correction from here before i long eth/btc.
ETHBTC ForecastETHBTC looks like it is headed for 0.03094 - 0.032 level. Especially, if we confirm 0.043 as a resistance in the coming months and stay under it.
This is a monthly chart so it will take many months to complete this move. In my view this could happen in one of two ways. The first scenario is that BTC will start the parabolic move and leave behind ETH which is my base scenario in the next 6 months. The second scenarios is that ETH will continue to bleed down and BTC will stay rangebound or slowly rise in the coming months.
Here is my plan:
I will be accumulating ETH if it quickly visits the 0.030-0.032 ETHBTC levels. That is when I will be looking for ETH bottoming and turning. If we bounce from the 0.043 level and confirm with volume as support, then I will be looking to buy any breakout patterns in this long timeframe.
This is not a financial advice and DYOR
