ETHBTC : SHORTThe ETH/BTC currency pair has hit its dynamic resistance, after an upward rally in Ethereum that has yielded almost 60% returns.Shortby behzadasghari13
ETH/BTC is Breaking A Long Term Uptrend This is a quick post. A month ago I wrote about the potential long term top for Ethereum's ratio against Bitcoin, comparing it with the distribution seen on the XLM/BTC pair in 2018. Since the post, the ratio has declined over 20%, while ETH/USD has tested Summer 2021 lows ($1700). Today, ETH/BTC bounced off the 200 MA on the 3 day chart (teal). Once below, there could be unlimited downside. Although I made a couple of bullish-leaning posts today (short-term), the above chart shows significant risk still exists for the crypto market, and why I'm being cautious. I no longer own any ETH, having sold it all between $3000 and $3300. Ethereum doesn't tend to do well against the Dollar when it's also not doing well against Bitcoin, so this can be taken as a warning. If Ethereum continues to decline here, what then does that say about the rest of the altcoins in the crypto space? The implications here are pretty serious. Still, even if ETH loses market share, it might eventually be worth considering if there will be other blockchains that take its place. Not so sure about that yet, and the technology may not even currently exist. As I wrote today, I bought some ATOM and ALGO for fun, though I may quickly abandon those. This is not meant as financial advice! This is meant for speculative and entertainment purposes only. -Victor Cobra Shortby VictorCobraUpdated 5511
$ETH next move depends on this important trendlineWe have $ETH/BTC weekly chart here. Previously it formed a 'head and shoulder' pattern and after breaking down of the neckline, it dumped hard. In the middle of going down, It made a pullback and now it should decide whether it will fail the h&s pattern or continue heading downward.by smart4ever0
ETH/BTC .24 2 slices one quarter meet at the pizza shopmerge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge merge Longby abearinaflannel111
ETHBTC pump ending soon?I expect this pair to hit the resistance pretty soon, nothing holding it back. And when this happens (around the X area), combined with the ES puke, I' m hard shorting altsby Ghostxtrades1
I'm bullish - ETHBTCI'm bullish - ETHBTC Pattern: W/Wedge pattern - Bullish more ETH than BTC! Enjoy the play have a great week end and try stay safe from the heat 🌞 TJby Trade_JournalUpdated 0
ethbtcEthereum to Bitcoin has always pulled back into broken areas. After breaking the ascending channel, there is a possibility of a pullback to the broken area.Shortby saeedsii21
ETHBTC The price has broken through a strong resistance level, but is forming many bearish divergences. If the price breaks another resistance level, it will rise to 0.063btcby PUMPmaps3
ETH/BTCThe crypto markets have had their own little rally led primarily by ETH, which pulled close to its June and July highs while BTC has remained a few percentage points behind. There don’t seem to be any specific drivers of the sudden move - perhaps just a short squeeze that caught ETH bears offside, or perhaps participants getting excited about the Merge which is supposedly scheduled for mid-September. This dynamic can be seen in the ETH / BTC chart which I'll break down and welcome comments or additions from those of you who get across these types of scenarios. What is ETH / BTC? Pairs are basically the relative value between two compared currencies - case and point, ETH/BTC. To state the obvious, ETH is the ticker for Ether and BTC for Bitcoin... we're on the same page. If you have looked any exchange platform, be it crypto or forex etc. you'll see a broad range of tradable pairs. Another example, take Japanese Yen and U.S. dollar, JPY and USD. On a given exchange platform you'll see JPY/USD pair available for trade. Pair ETH/BTC or JPY/USD and you get the represented ratio between the two currencies. In ETH/BTC, for example, the current value is equal to 0.058.... This effectively means that 1 ETH is worth 0.058 BTC, or just shy of 6% of the value of BTC and if you want to buy one ETH, you need 0.0058BTC. This relationship stands the same for all pairs. What the current ETH / BTC chart tells us is that in the past day, ETH's value relative to BTC's increased by over 5%. If you were to apply technical analysis to the chart as you might any other tradable product, you could expect a re-test of local resistance of 0.065 - 11% up from where we are now. Were this move to fail, there are also compelling reasons to consider a significant move down to a longer-term trend established in 2016 and re-affirmed in 2019 / 2020. Not only is it critical to consider 'what if' scenarios of a failed trade, it's crucial to maintain bigger picture context of what drives the trade. While not financial advice (some technical analysis is as inconsistent as mediocre tea-reading when misapplied), it's interesting to note that these types are observations provide edge for lots of different kinds of trades - particularly, pair traders would be all over a simple trade such as long ETH and short BTC in a scenario like this - as long as the thesis plays out. Again, there are lots of ways to go about it and there are many more subtle nuances, correlations, and even multi-pair trades that take the subject many layers deeper. Noted that the chart is formatted in the daily timeframe with a range dating back to January 2017. Further, 50, 200, and 800 exponential moving averages are included, as is relative volume. While not a huge fan of any single indicator or strict use of trend lines, I appreciate where convergence tells a story.by Think10Cap110
Ethereum - Wyckoff Events and PhasesThe dominance of Bitcoin is growing. When Bitcoin is growing - altcoins are growing less or without rising. Bitcoin falls - alts fall even more. Paired with ETHBTC, we see a Wyckoff Distribution Schematic #2. We are currently in Phase D. The price is approaching a support zone. Most likely, there will be some descending trading near this zone. We will form LPST (a last point of supply) and SOW (a sign of weakness). Next, we are waiting for Phase E. Best regards, EXCAVOShortby EXCAVOUpdated 121285
ETHBTC the price has broken the lower border of the bearish flag, which indicates a continuation of the downtrend. I think the price will bounce to 200 MA and then continue to fallby PUMPmaps1
How to trade ETHBTCIt's very easy . . . First follow the 1st rule: identify the major point ( Avg points) 2nd . . . You have to know how to use Fibonacci for confirmation . 3rd . . . Never forget the structure of financial market ( Market bug / manipulation ) So . . . Do you understand ?by zabatainafund440
ETH MAXIs wont be happy about this chartcoulnt push to retest that high, not looking good with this downside momentum for the vitalikbros, questionable move to POS behind this? Shortby largepetrol0
EHTBTC Long IdeaETHBTC daily range drawn Midpoint marked up (middle line) 15 min bullish orderblock identified (blue rectangle) Wait for retest and long to nearest swing high Stop loss at nearest swing low Longby LonsdaleDLM0
ETHBTC 6M ChartETH-BTC 6M chart reveals that we can have a supporting candle at 0.4 then raises to 0.1 laterLongby jithindavis224
ETHBTC 2M ChartETH-BTC 2M chart reveals that we can have a supporting candle at 0.4 then raises to 0.1 laterLongby jithindavis2
ETHBTC LongThe bullish trend seems to continue as multiple bullish candle sticks patterns are visibleLongby hammadtariq651
ETH/BTC - UP, DOWN, MOONI think ETH in pair with BTC will correct a little bit more and will move up in next few days. After finishing correction I would like to see some reaction on the support marked on the picture and ater some period of accumulation huge move towards upward band of the channel what would mean we will do wave V, the last one in this bull market. by mess_on_a_mission0
ETHBTC: ShortStop loss: 0.05753 Take profit: 0.05501 Risk/Reward: 3 *No.1 Manage your Risk*Shortby Maboko0
ETH/BTCTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Weird looking chart. I don't normally chart BTC pairs so not sure how this one will turn out. Charting against USD is a lot easier, against btc its unpredictable. It's highly unlikely that any coin will outperform btc.by AyoKuUpdated 221
ETHBTC - Amazing Monthly PositionTwo different ETHBTC pairs The latest candle has positioned itself above the Channel A very very bullish scenario for Ethereum by Bixley6
Better Call SaulJust sketch, but damn it looks like Three Drive Pattern on the wayShortby roaffixUpdated 0