I mean come on.Do you want to see the next prediction?
Just wondering, I'm going to show you anyways.
ETHBTC trade ideas
ETH BTC is forming a huge cup and handleBTC maxies are going to be very sad next bull run as their pet rock coin doesn't do a sliver of what ETH can do. That is why my BTC allocation in my portfolio is only 6% just to have it and my ETH is sitting at like 40%. ETH 100% flips btc the next 3 years.
#ETHBTC & #BTC.DPrimed for a breakout
odds highly in favour
for #Bitcoin dominance breakdown
#ETHEREUM to vastly outperform in the coming months and years
What can you do with #BTC?
When will Maxis learn?
ETH/BTC FLAG PATTERN + ELLIOT + FIBO (6M)Inside of pennant finishes last price movements. By Elliot builds up 1st wave of 3 Main wave. Fibo shows where aims may to be put.
#Ethereum Buyers Expect a Retest of 0.080 BTC, Uptrend ValidPast Performance of ETHBTC
ETHBTC remains wavy in a broad, multi-week trade range as Ethereum bulls dominate. Per the performance in the daily chart, there could be more for buyers to gain in the days ahead, considering the general resilience of ETH bulls. Therefore, guided by this, every low above 0.065 BTC, or October lows, may offer support to optimistic buyers angling for a retest of September 2022 highs.
#ETHBTC Technical Analysis
ETH is up roughly 10 percent from October 2022 lows versus Bitcoin, per the formation in the daily chart. Coincidentally, the 0.065 BTC support line also flashes with the 61.8 percent Fibonacci retracement level of the June to September 2022 highs. While ETH buyers stand a chance and optimistic buyers can load on dips, targeting November highs at around 0.080 BTC, there must be sharp gains reversing November 8 and 9 losses. Ideally, conservative ETH bulls can wait for a clean break above 0.080 BTC to hitch the ride to 0.085 BTC. Losses below this week's lows may easily see BTC buyers take charge; forcing prices back to 0.065 BTC.
What to Expect with #ETHBTC?
Ethereum traders are confident, expecting trend continuation, especially if bulls continue soaking in selling pressure and reversing losses of the second week of November. As long as prices hold above 0.068 BTC and this week's low, ETH prices may bounce higher toward November highs.
Resistance level to watch out for: 0.080 BTC
Support level to watch out for: 0.068 BTC
Disclaimer: Opinions expressed are not investment advice. Do your research.
Ethereum vs Bitcoin Bullish Bias Wins!This is a nice chart, completely different to all other altcoins... Let's dive in.
Ethereum vs Bitcoin (ETHBTC) managed to move and close above MA200 (conquered) back in July 2022, at this point the bulls gain control of the chart.
From September through October MA200 is tested as support and holds.
Really high volume shows up late October to confirm this level as being conquered.
Then again in mid and late November MA200/EMA300 are tested again and holds... Many tests, the bulls are ready!
Now we see prices moving above EMA10.
Bullish indicators... Time to grow!
ETHBTC stays bullish above MA200/EMA300.
ETHBTC goes bearish below these levels.
Very simple.
The bias/pontetial is up.
Namaste.
Break soon?Interesting chart on ETH/BTC ratio.
Breakout seems imminent.
Upside break good for alts. Downside good for BTC.
A check of the Bitcoin dominance chart shows BTC at support which would favor a break down of this chart.
Seems to me with all the recent turmoil in the market that Bitcoin would be the favored place to speculate vs. alts until conditions improve.
Sharp eye..
ETHBTC Inverse H&SETHBTC PA confirmed the Inverse Head and Shoulders multiple times with also a high volume wick that was also a breakout of the descending volume trend.
This is good for ETH and alts.
Massive Selloff for Ethereum Incoming? - Video Update 11.20.22It's been some time since I last posted a video. You may notice a slight difference in my appearance. In this video I cover the ETH/BTC ratio and its "surprising" stability. I also talk about target levels for a breakdown, should it occur for ETH. I also briefly mention Litecoin, along with an even more brief mention of TRX and BNB - a couple other coins I've been following.
Thanks for watching!
This is meant for speculation and entertainment only - not financial advice.
-Victor Cobra
ETH Idea: The price is forming an ascending triangle. Breaking the upper border will be a bullish signal to continue the uptrend, and breaking the lower border will be a bearish signal of a trend reversal.
ETH is going down to $800 with The Quasimodo PatternETH/BTC weekly chart is forming a Quasimodo pattern. As a result, ETH/BTC will be going to a new Lower Low.
This means that if the BTC price rises, the ETH price will not perform that well, and if the BTC price falls, the ETH price will go even lower.
On the other hand, BTC Dominance is sitting at the 40% support zone. And it is expected to rise to the 42%-45% zone.
The ETH/USDT weekly chart shows that ETH is close to the $1000 "round number" support. But we anticipate this support will not be strong enough, and the next safe heaven will probably be $800.
If you're an ETH holder, it is wise to now protect your asset with a SHORT position.
The overall market is not worth scalping, so we advise that we just sit down and wait to see what will happen. Our prediction is there will be a large movement with BTC. Either reach the 12k-13k zone or it will successfully reclaim the 20k mark. Only time will tell.
We are Chainslab. Let us know what you think.
ETHBTC - Too Much Huggy With 50MA 🤗This is a very exotic chart but chart behaviours regarding moving averages remain the same.
ETH is spending far too much time resting on the 50 day MA here.
And it has already fallen through to then bounce and recover in this area.
But now it is again resting on the 50MA - if it falls the chance of a bounce recovery is less.
With BTC looking bearish if it falls and ETH falls through the 50MA then it could have a MAJOR collapse.
From there the next critical juncture is the Demand trendline.
If that breaks ETH is in big trouble...
Not advice.
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!
