The Ethereum bull runEthereum is currently at 50% of its bull run
Long entry: 0.072 btc
Take profit: 0.40/0.60 btc
This is my personal opinion and this is not a financial advice! Good trading!
ETHBTC trade ideas
Altcoin massacre incomingHello, we can see tight bollingerbands on the eth/btc pair on the monthly(!) timeframe, which means that soon we will see ALOT of volatility going on.
As we are still in a bear market its not hard to tell in which direction.
Alts are trading as a segment, i expect other altcoins to heavily sell off soon too, not just eth.
Personally not planning to trading this, but putting it out there as a warning for what is to come in the next weeks.
It may go (way) lower then my green supp zone.
Be careful out there and do your own reasearch!
Dont invest more then you can afford to loose as the whole crypto ecosystem is a massive bubble. (which i expect to pop in the next months ahead)
ps: dont hold USDT!
ETH/BTC is bullishEthereum is looking strong against Bitcoin and probably will climb more before capitulation and Nee ATH
Next Targets 0.08 / 0.09
ETHBTC looking strongWhile ETHUSD isn't looking the hottest right now, ETHBTC is looking pretty good. ETH was able to put in a bullish inside bar/ pin bar vs BTC on the weekly. For this setup to remain valid price needs to stay above the low of the pin bar but optimally I'd like to see it stay within the channel. Target would be the upper end of the channel if the setup plays out.
So after all ETH is bullish, kind of... Crypto market is dumping, so obviously I'm not saying ETH is going to make some magic pump.
I only expect ETH to behave in a less bearish manner compared to BTC.
In my previous ideas I spotted a Cup&Handle formation with a H&S at the handle, which dumped PA to the support which then corrected with high amounts of volume.
It created this inverted H&S formation in the process :)
Confirmations already took place, so yeah ETH will be less bearish than BTC during this dump, and also probably be much more bullish after the bottom.
Expectations for alt season are rising.
ETH BTC battle for dominance ETH BTC dominance has been a battle over the last 18 months or so fo sho but it looks like ETH is poised for its next run at the King for another step up the ladder over the next 2-3 months
ETH/BTC Technical Analysis ( Expecting -70% Down from here )#ETH/BTC Technical Analysis:-
#Ethereum currently trading at 0.075 BTC
This is -18% down from This bull run ATH
I am Expecting big Dump coming few weeks so Ready and Prepare for dump.
As my Knowledge ( not Chart ) I am expecting -70% Dump in coming few Months.
So Never Go All in any Altcoins now.
I am Now Talking about Altcoins in BTC Pairs.
My 3 Targets for ETH/BTC
Target 1:- 0.055 BTC
Target 2:- 0.037 BTC
Target 3:- 0.023 BTC
Hope You also Learn and Understand the chart.
Thank you.
Keep Support.
ETH collapsingBTC and the whole crypto market is dumping as predicted.
ETHBTC PA still behaving bearish even at support. What I mean by that is that I only see continuous creation of ascending trends with bearish break and retests.
I expect further downside with greater emphasis on ETH than BTC.
My previous Cup&Handle idea seems to have been already invalidated or on the verge of being invalidated, I don't trust that idea anymore.
We all have to wait for PA after the dump to analyse it and get some more insights, altseason will have to wait.
ETHBTC Trade CallEntry: 752-763
Stop loss: 744
Take Profit: 818+
Expected Call Duration: 2 Weeks
Call strength: Med
Call risk: Med
Ideally, enter trade off of the 200 period 1.25 stdev, and stop out if price goes below that pivot.
ETH short term bearish but long term bullishI have already posted ideas about the recent bearish action of ETH.
On a macroscopic scale though we can clearly see how a Cup&Handle formation is developing on ETHBTC, meaning I expect bullish action after the bear cycle dump... Altseason?
That remains to be seen, although my expectations are high, but for now bearish bias stands seeing how after the pump a H&S formation has developed, which as I already said in my last idea is still waiting for a definitive confirmation.
After that the game will change, I'm confident about it.
ETH Idea: The price formed a pennant pattern and dropped to the lower border, around the 50 EMA. Support levels are indicated in case of a bearish scenario. RSI drops below 50 into bearish zone
ETHBTC long term Cup & HandleIt looks like ETH might be in the progress of completing a long term cup and handle. I think it will drop a bit further down to a fairly common fib retrace point. Target is a fib extension of that point starting from the bottom of the cup to the top of the right end of the cup, and then set to the aforementioned retrace point. If it shows strength towards the bottom of the handle, I'll consider buying. I would recommend zooming in to the 4hr/1hr etc if and when it reaches that point, which seems likely.
BINANCE: ETH/USDT (Inv. H&S)As we see bitcoin has been supported by 19k and made a nice bounce to 21k. So far every thing looks good but there is a catch. Total market still reacts to bearish trendline while Total2 has already broken it. it just needs a HH to strengthen the idea of alt party. meanwhile ETH shows strength against bitcoin and formed an inverse head and shoulders pattern in W1 which gives hope to the other alts. as you see RSI bearish trend line broken and retested in W1 and gives bullish vibes too. Don't forget that Merge effect hasn't kicked in for some reason. Always DYOR before entering any position or trade.
🛒 Pair: ETH/BTC🛒
== SPOT==
⏰ 1401/08/09 ⏰
🕰 31/10/2022 🕰
Duration:
📈 SHORT - MID 📈
Ex: Binance
#96
🛒 Buy : 0.074 - 0.078 🛒
👉Sell Targets👈
🎯TP1: 0.082 🥉
🎯TP2: 0.086🥈
🎯TP3: 0.090 🥇
🎯TP4: 0.095 🚁
🎯TP5: 0.099 ✈️
🎯TP6: 0.109 🚀
⛔️ SL: 0.072 by closing D1 below
ETH Idea: The price is forming a bearish wedge with the strongest bearish divergences and signals. The price will break the lower border of the wedge and drop to a strong support level near the daily 100 MA
ETHBTC Awaiting A BreakoutAwaiting a big move
This is suggested as a result of the large bullflag printed on chart (in green channel)
I would like to see an ATH of 0.25 ETHBTC but its really hard to call the tops
ETHBTC - Crash of BTC dominance / Alts SeasonClear Cup and Handle pattern. Ethereum currently has much better tokenomics compare to BTC due to ecosstem of dapps, NFTs, offering lending, borrowing and other services, as well as burning mechanism making ethereum deflationary. And that is just a tiny drop in the ocean, there are many other strong alts with huge ecosystems that will contribute to upcoming rally. All major OG (XRP, LTC, BCH, EOS) alts have already made ultra lows against BTC and ready for a new cycle growth. So, just like in 2017 Ethereum will lead alts into a massive RALLY, crushing BTC dominance down to 5-10%.
ETHBTC is bearishETHBTC is in a bearish market structure on HTF such as weekly and daily. at the area of golden pock fib retracement, we are looking for a lower high. price has perfectly backtested an untested daily and weekly order block which has confluence with golden pocket, value area high of the range, and Monthly Level. considering BTC dominance rising, I expect that Ethereum and altcoins underperform BTC in the coming months so I look for places to short altcoins.
ETHBTC testing resistance second timeWith Cosmic BB SR length set to 21, the weekly chart price has reversed (😎) from the current resistance and since has dropped over 20% but not even mid-way to support before reversing back up. It is worth paying attention as we approach another resistance test.
Not a Good Time To Invest At The Altcoins Currently Wave B From C Is About To Complete At This Area (0.076 To 0.078), I Expect a Leg Down To The 0.057 Area As a Wave Wave C PRZ Is About To Start
📥 By Analyze ETH / BTC Pair We Will Able To Understand The Future Of The Altcoins Market ,So By Current Situation We Will See 0.057 Area As a Next Leg down And It’s Not Good For Altcoins Market
H&S on ETH/BTCThe next H&S pattern may not be as obvious.
Just kidding.
In more seriousness, here are some things I'm considering when looking at Ethereum's relationship with the rest of cryptocurrency:
Cultural influence: consider the significance of NFTs, DeFi, and other applications being launched from Ethereum. The ICO craze that characterized the 2017 bull run in crypto was primarily fulled by Ethereum, and ideas surrounding capabilities of smart contracts. (Yes, these things are not exclusive to Ethereum, but many began on and continue to live/thrive on Ethereum.)
The Ethereum remains the most secure and decentralized of all smart contract networks. Furthermore, the amount of ETH controlled by central groups is smaller than all other chains.
Ethereum continues to make progress toward upgrade goals.
The plethora and growth of layer-2 platforms, scaling the speed and efficiency of the Ethereum network is more significant than all other chains.
The previous crypto winter (2018-2020) was characterized with strong growth in bitcoin dominance. However, the drop visible in this chart, has not been as low and long as expected by many traders - perhaps this is jut the beginning, of a decline in Ethereum's value relative to bitcoin. However, I speculate that the future bitcoin dominance has more to do with macro economic headwinds/tailwinds (how asset allocators understand any difference between Ethereum and bitcoin with respect to it's base utility - store of value, vs base economic unity of a thriving ecosystem of developing internet of value ) than with the base utility of the network.
Speculative take: Ethereum has likely entered into a phase of adoption among internet applications/companies, etc, that will cement it's continued adoption - this expansion could be anticipated to accelerate as Ethereum transitions to proof of stake (PoS) and is thus more computationally (energy) efficient for securing the blockchain. Advantages of PoS and PoW (Proof of Work) have merit from economic and computer science considerations, but far beyond what I'm sharing here.
