ETH should outperform bitcoin from this pointA perfect wedge pattern is playing- if this plays out it should be up from here for ethereum being a pure paly on global liquidy.
ETHBTC trade ideas
#ETHBTC - #Wyckoff & #Volume & #Divergences & #Sentiment#ETHBTC
The Broadening Wedge has a track record of being one of the most brutal patterns for emotional Traders to navigate, but if we peel back the layers to see what's happening of actual importance, that's when things start to get really interesting, IMO.
This is very possibly a textbook Wyckoff bottom. It's presenting all the signs of what we want to see plus #ETHBTC has a history of combining extremely low sentiment with ruthless patterns.
But once again just focus beyond the noise of PA and we can see what is volume or lack thereof in all the right places, paired with stacked divergences.
Nothing is 100% certain in this place, but based on probabilities gauged over history and the rest of the story, I know what I'm doing...
ETH/BTC has reached support!!!On December 20, 2023, the ETH/BTC ratio reached an important support, namely 0.049. As it touched the coins in the ETH ecosystem rose sharply, ARB, OP and others. My opinion is that we are at the beginning of the ETH Etf narrative that will be doubled by an upgrade in the Eth chain, namely Cancun. Targets on the ETH/BTC ratio would be 0.058, 0.064.
ETH/BTCDon't want to lose support here.
ETH/BTC is compressing right on range lows. It's likely that the ETH/BTC market will soon see a large volatility expansion. This also aligns with our idea of BTC/USDT stalling and rotating into ETH.
Never gonna happenThey say this, I am a cartoon pepper. I think ETHBTC has suffered a lot and deserves a chance.
All it takes to revive the ETH narrative is a small pump, price appreciation is the most bullish narrative for coins that are disregarded. Cheers.
Ready For Alt Party?! This Index Is Very Important For The Future Of Alts, And I Expect ETHBTC Will Start a New Bull Rally Soon By Breakout From The 0.055 Resistance Level
🔥 SUM UP : ALT PARTY IS COMING
ETH/BTC Bullish DivergenceGood morning Folks,
Season greetings, currently you will see ETH/BTC with one God like candle this is a very bullish sign for altscoins and once its breakout of this falling channel the target is around .065 , we will get a alts coin rally.
ETHBTCWatch out..
If ETH begins to outperform BTC, breaking out of the descending wedge... other altcoins will follow suit.
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📊#ETH/BTC may rise through a double bottom long structure📈🧠The larger the ETH/BTC exchange rate is, the trend of ETH will gradually become stronger, otherwise it will be weaker than BTC.
✔️At present, we have formed a double-bottom long structure after breaking the inflection point at the bottom of the exchange rate, which means that ETH will continue to strengthen.🚀🌕
➡️Here you can convert part or all of the spot into ETH to hold and wait.☕️
⚠️Note that if we break below the bull defense, it means that the bull structure is broken, which means that we still need to adjust. If the last bull defense point is also broken, then the subsequent ETH will always be weaker than BTC.
Let's see👀
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ETHBTC long term chart in danger of crashingI think after the Bitcoin ETF is approved in early January, ETHBTC will crash hard towards the 0.033 area. This will have a huge effect on ETHUSD pair. I assume there will be sell the news on BTC and that will put even further pressure on ETH.
I will put a separate chart on ETHUSD to show some possible targets, but they will be quite low :-)
Good Luck!!!
ethbtc ethereum crypto pump that shit all "to da moon" - reverseWe are approaching the moon send station. soon everything would pump to nirvana.
Attention - reverse chart
Estrategy for ETHBTCI will turn on my spot grid bot from today until February 19th. Then I am going to buy long ETHBTC (x10) in OKX.
ETH - BTC Cup & HandleThis handle is dragging on for some time. But as we enter into this bullish season, the timing could be right to break out of this pattern.
ETH/BTC will come to lower levels over time, before bullrunEven if ETH spot etf is approved or approved at the same time with BTC or alone, I think ETH will fall to lower levels against BTC before a real bull run starts.
ETHBTC Setup~~ breakout could be gloriousETHBTC TA + Set up
Weekly
W8 EMA resistance guide
Daily
Daily Trendline resistance
Daily IHS
D Falling wedge
D RSI trendline resistance
D RSI IHS
0.05 key monthly support + psychological
Key takeaway: this could be a great set up for ETH if it gets over all these resistance levels at the same time. But so far it has been downtrending all year
ETHBTC: Support Zone holding for 7 weeks straight. Rebound closeETHBTC has completed seven straight weeks of trading at least for some days inside the S1 Zone, a supporting range that holds since May 2021. The 1W timeframe might be bearish (RSI = 35.095) but the 1D technical outlook is neutral (RSI = 46.177, MACD = 0.000, ADX = 25.760) and this reveals accumulation bias inside the S1 Zone. The 1W MACD is close to a Bullish Cross. We are taking this as an early buy signal and target and LH trendline (TP = 0.05900). Once the price closes a 1W candle over the 1W MA50, the upper Fibonacci levels should start getting filled one by one and eventually hit 0.08500 as the new Bull Cycle fully unfolds.
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ETH/BTC has Alt Coins on Hold Temporarily?As you can see here, we are in a short term stalemate. You have ADA, SAND, and many others coming off a cup and handle pattern looking ready to explode, but they all are waiting on the ETH/BTC dominance. It looks to be bouncing, but the fight's not over. Either BTC needs to go down or ETH needs to go up or both. If ETH keeps going down from that support, the altcoins should too, most of them anyway. If it bounces, watch out for major pumps.
ETHEREUM BULLISH DIVERGENCE?Ethereum has taken a beating against Bitcoin, but that could change. I have mentioned a number of reasons - it is oversold on the weekly for the 4th time in history, all of which have preceded major moves up. We also now have potential bullish divergence. If ETH makes a lower low on the weekly close vs. Bitcoin, RSI is likely to make a higher low. This would be a major long term signal that ETH is going to outperform. A weekly divergence can take a long time to play out.
BITCOIN hoarding strategy has good profits and minimizes risksBTCUSD
Suggested buy limit price is 27k$
The advantage of using BTC to allocate capital to buy altcoins is clearly analyzed in this video
Ethbtc Money initially flows from Btc to the largest altcoin. This marks the beginning of a bull run. The most important chart we can follow for this is ethbtc. Potential upward movement reaction levels are indicated on the chart. Consider it alongside Btc.d BINANCE:ETHBTC CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D
