ETHBTC - Strong Support A strong horizontal support has formed in white Price is currently sitting right above this support and within a strong up channel Price may just rocket launch out of this up channel due to this support being present Daily chartby Bixley3
ETH BTC goals next monthsThis is my trade to gain more BTC. The main goal is 25% more goals is will make profit if suscess Longby EagleTrade2
Buy the dip of ETH !After 05/10 will start the new bullish round. Don't lose the dipLongby oleksiibitkost0
ETHBTC - Best case scenarioHello all, ETHBTC pair heading for a possible double bottom, where it ends for a 2nd bottom is any ones guess. This is to showcase a good case scenario for a double bottom on the Monthly time frame with a best scenario of long term targets. Traders usually take profits at Fib 2.0 but has room to run till 3.618, the level which is known for absolute exhaustion. Starting from Fib 2.0 we are likely to see a lot of 'Flippening' fomo on the news. All the best! Note: This is not a Financial Advise but just my trade roadmap and for educational purposes only to spot specific repetitive patternsby bneel20114
ETH merge hasn't helped it gain any ground against BTC...If you notice in the chart below, I crudely illustrate that ETH was creating higher highs as well as higher lows from Sep 2019 through Dec 2021(an uptrend). I find that interesting because during this time period, there was no ETH merge, in fact, there was very few who even knew what was the intention of the merge. Dec 2021 is when ETH started to experience lower highs and lower lows(a downtrend) when compared to BTC. I also find it interesting that this is the time frame in which everyone started to discuss, research, trade, and otherwise propagate "the merge". This propagation or "run up" to the merge has lasted from Dec 2021 until present day. Now we are currently "post merge" and we still see the same pattern of BTC actually gaining ground on ETH...In fact if anything, it has sped up the gaining of BTC over ETH... It makes me wonder, What did ETH gain from the merge?... Seems like Saylors is right so farLongby HalfacreResearchInstitute0
Ethereum / Bitcoin - RSI at important level 🔵 🔴Ethereum / Bitcoin - RSI at important level Look what happened in the past when the weekly RSI went from oversold through the blue zone 🔵 (47 - 53) Maybe a confirmation 🔴occurs with triangle breakout on price chart as well COMMENT & FOLLOW appreciated *not financial advice do your own research before investing Longby Crypto4Everybody1
ETH versus BTC looking bearishHere the chart shows the price of ETH verus Bitcoin and we can see this long term triangle pattern. Also the price has recently retested the 200 day EMA and rejected off that. Overall it seems like Bitcoin is currently stronger than Ethereum.by MrAndroid220
ETHBTC likely to bounce at strong support; buy more ETHAs shown in chart, ma100 x 150 & goimg to cross ma200. This will be very bullish for ETH vs BTC not trading adviceLongby xtremerider8Updated 2
ETH/BTC Macro IdeaGiven that we are holding the 0.5 FIB levels on BTC pair, I think there is a possibility ETH can run up from here. ONLY if we hold the 0.5 FIB levelsby Capital7860
ETH Merge - Risk on Market, the Role of Derivatives and ETH PoWDespite the successful ETH merge, the positioning of traders has been fairly one-way since then. Since September 15, ETH has underperformed BTC by 12.43%. This rally to the downside can’t only be attributed to the adverse macro conditions. The Merge is and has been an unequivocally bullish and risky event for Ethereum. If the merge had failed, it would have been catastrophic for the ETH price and the crypto ecosystem in general. Normally, a headline like the Merge would have driven the Market completely risk-on, however, risk was already on. On August 23 ETH/BTC was trading at 0.075 and topped 0.0856 (+14%) on September 7. At the merge snapshot, ETH/BTC was trading at 0.08099 (+7.9%). At the time of writing, its trading at 0.0688 (-12.43%). Interestingly enough, Delta-one traders were trying to get the most out of this event and in this case, they bet on the ETH Proof of Work coin airdrop, in the case that there was a Hard Fork of the Ethereum Blockchain. Derivatives traders entered long positions on spot ETH, and hedged the market exposure via Futures. In normal market conditions, the Basis spread and the funding spread between ETH and BTC tends to zero. While a positive (negative) spread is typically a signal of bullish (bearish) market. As the possibility of having an ETH PoW token materialized, the funding spread between the two pairs became wider and wider, and reached -394.2% annualized in the hour prior the merge. Hedging 1 ETH via a Perpetual Future on FTX for the 24h prior the merge costed $12.18 (or 0.7585% ETH). In the 4 hours following the creation of the ETH PoW market on FTX, the coin was trading at an average of $22.98, that is 88.73% profit excluding fees. FTX was one of the first exchanges to both credit the airdrop and to support trading of ETH PoW. All the market participants who had their Ethereum outside FTX did not receive the token at that time, nor had the possibility to sell it on margin and cover the position at a later date. Indeed, since the airdrop, ETH PoW flow has been skewed to the sell side and it is now trading at $6.167. Now I expect that Basis and Funding spread will find a new equilibrium that will be close to the ETH PoS staking rewards, thus a minus 4-7% annualized spread between the two pairs is reasonable. For ETH PoW I don’t see a long future as most of the Developers, Protocols and Community are not supporting it anymore. Happy Trading! Matteo Bottacini and the Crypto Finance Trading Deskby mbottacini0
DO NOT try to dip #ETH before ETH/BTC reaches 0.06.After ETH merged, the good news disappeared. In the case of BTC falling, ETH will make a more drastic fall. My suggestion is, DO NOT try to dip #ETH before ETH/BTC reaches 0.06.Shortby Btc_hunziUpdated 1
short positionIf the price goes up, I will enter this short position. Of course, I follow risk and trading management. This position is not a financial advice and I am only sharing it with my friends. Dear friends, I would be happy to write your comments. This analysis only relies on the chart and the fundamental and macroeconomic parameters have not been given any influence in it.Shortby M2it2M0
long 4 hourThe specified range is suitable for entering a short-term risky position. This post is just a basic analysis and only relied on the chart.Longby M2it2M0
ETHBTC - Triple Top ETHBTC in the earlier period formed three peaks hitting the red resistance line, with the strong support line being in green Currently price is experiencing the same kind of pattern, hitting another similar red resistance line, however price is awaiting the third test, which we will occur soon as per this anaysis The middle yellow down and then rebound up are very comparable in both cases Bullish by Bixley225
ETHBTC-BUY strategyThe idea was right and it had a good mileage reaching current 0.0670 expected area. It is now a bit oversold and we are right on support. It may be a punt, but trying to buy current levels 0.0671 and placing stop-loss below 0.0650 may be an interesting strategy. Profit order somewhere 0.0757 for now. Longby peterbokma5
ETHBTCHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ETHBTC As we analyzed on September 10, we expected a falling trend and now this prediction came true and one of our targets is hit. Here we have R2 and R1 as the resistance areas that both express the price was not able to rise. And S1 used to be another resistance line. Presently, we have the price fluctuating over S1 and we expect a decline for it to reach the mentioned line. Here we must wait for some rising signs in order to have an increase toward R1 or even to R2. In case the price loses the support and falls below S1, more fall is there for it to happen. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck Longby MarsSignals225
ETH NUKE DETECTORBuying ETH above 0.077 ETHBTC is usually a bad idea. Regardless of events. Don't fall into the trap amigos :)by bimmeresty0
ETH:BTC BearishETHBTC appears to be very Bearish after losing long-term support through horizontals and trendlines. Shortby zakkh3330
Ethereum has not done this since November 2017The above monthly chart makes for very disconcerting reading. Viewer discretion advised. Bulls looks away! On the above monthly chart the ETH/BTC pair is shown. Stochastic RSI (purple circles) WILL cross down 40 with the close of this monthly candle unless something amazing happens. This cross down has not happened since the November 2017 top. The last time Stochastic RSI crossed down it stayed below 40 for a little over 2 years. Were that to repeat we would not see positive price action until November 2024. There’s something else, the rising trend support line. Price action has broken market structure, the upward slopping trend line is the first support, -40% below current price action. That would easily take dollar price action to $600-800 region if Bitcoin dollar price action remains in the general area it is in. Lastly is the volume. Selling pressure is increasing. Look left, you cannot buy into a market hoping for rising price action when selling pressure increases. You must wait for those red candles to shrink in size and a green one to appear. Is there a positive side? Maybe.. price action appears to be printing a large inverse head and shoulders pattern. If the uptrend support is confirmed, this could be wonderful. However I would not expect such a formation to complete until at least quarter 1 2023. Wwby without_worriesUpdated 9941
Wyckoff Distribution on ETHBTC 👀After the Ethereum merge the trading range has fully developed into distribution. RSI bearish divergence on the daily after completion of the UTAD Test (upthrust after distribution). Bleak outlook for ETH as it drops back into the TRShortby UnknownUnicorn241244972
Ethereum versus bitcoinThis chart shows that the long term trend of Ethereum versus BTC is negative and has seen an absolute rejection off a long term trend today. The market clearly is as yet dubious about recent changes in the ETH fundamentals.by MrAndroid2