I think we are close to the bottomI think we are close to the bottom, it's time to become bulls to the ETH/BTC pair, when everyone became bears, the time has come. Top ETH/BTC should be somewhere around here, dominance 60-60.5% could be the end.
ETHBTC trade ideas
Deepest blue wave in ethbtc history (indicator)Last time I saw my indicator show “the deepest blue wave” on a high time frame was btc in 2023 around $17k
Ethbtc now showing this on monthly with indicator blue wave sweeping the lower bottom line.
Definitely a good risk to bid CRYPTOCAP:ETH now especially since Crypto twitter thinks it’s dead
ETH WILL BE CHEAPER REGARDING BTCHello!
I expect the expected correction in the ETH/BTC pair, the ABC zigzag or the WXY double zigzag will probably be formed.
TP1 - 0.042
TP2 - 0.031
❌ Cancellation of this idea - breakdown of 0.08562
ETH/BTC AnalysisETH/BTC is closing in on my final level of interest at 0.03646. After rejecting the June convergence at 0.05667, price has moved quickly down to key support levels. The next major convergence point aligns with March 2024 around 0.06, coinciding with the typical altcoin season that tends to start in Q4 of the third year in the cycle. Watching for a reaction at 0.03646 as we approach these pivotal cycle dynamics.
ETHBTC - longAltcoin season is coming for you :D
ETHBTC has reached the zone from where I expect a rebound and the start of altcoin season. Of course I want to wait for this week to finish as there is a possible correction with BTC up to 64000 and then I would like to long ETH and altcoins.
🚨 CRYPTO REVOLUTION: 0.5 BITCOIN FOR KEFIR 💊 PART 3📣 Hello everyone!
I believe that we are witnessing a global uptrend in the ETH/VTC trading pair and the value of Ether in relation to Bitcoin should grow over time.
In May 2017, the first wave of the cycle ended, then in September 2019, the correction in the wave of the II cycle ended, after which the long-term impulse wave of the III cycle started.
In the wave of the III cycle, an impulse wave has already passed at the primary level, and at the moment the market is busy forming a wave of correction of the primary level. I expect the correction to end at 0.037 minimum in July 2024, maximum in September 2025.
After the correction is completed, according to the logic I have built, a long-term uptrend should begin, the minimum goal of which will be 0.55 Ether per Bitcoin coin.
⚠️ Think for yourself, decide for yourself - good luck in making independent trading decisions and profit ✊
Goodbye!
ETHBTC vey interesting for next cycleThis is a very old chart that will resolve eon mid nov 2024... all the main levels were hit
ETHBTCIt's around 800 days since ETH is under pressure from BTC many people during these boring period bought and bought without any profit and the loss their Bitcoins.
what happen next ?
I believe we are in a last leg down weeks tolerate a bit more it would be surprising after all even for a short time pumping.
ETH/BTC Local work. Symmetric triangle.Logarithm. Time frame 3 days.
Secondary trend (part). Symmetrical triangle. Pivot zone.
The price is now 0.069 satosh per ETH.
Linear chart.
Main trend Time frame 1 week.
ETH / BTC Secondary trend. Descending channel. Wedge. 18 10 2024A local wedge-shaped formation has formed in the descending channel in this ETH/BTC trading pair. There is potential for a breakthrough and price growth, to the resistance of this descending channel. Perhaps after consolidation. If this happens, then most of the “long-suffering” altcoins will similarly go up in price, but with a larger %. The local alt season will begin.
This trading pair clearly shows how money flows from one high-cap asset to another. Shown on the chart. Look at the time and the Bitcoin to Dollar chart, at the time of the breakout of the symmetrical triangle of the distribution zone downwards (weakness of Ethereum relative to Bitcoin). Since then, Bitcoin has grown in price by almost +200%. While Ethereum relative to Bitcoin has weakened by as much as -50%.
Now there is a reverse flow of bitcoin into ether, and some alts, for about 1.5 months already. Then, the money will flow into a variety of alts, which will consequently be reflected in their prices a little later. Today is a significant date 18 10 2024. There are 18 days left until the US presidential election.
Remember, about this, where this zone is in the main trend.
gut instinctI am long both eth and btc.
based on pattern recognition, i feel that there will be a violent move down, that will eventually recover. (maybe to the 0.03s)
I believe eth / btc will recover, however i do not typically long eth and short bitcoin when I believe both markets go up in the next few months.
[ETH/BTC] Divergence at bottomBITFINEX:ETHBTC looks interesting. Big brother Bitcoin seems to overshadow Ethereum since forever as we can see the ratio keep getting lower and lower from time to time.
But something interesting seems to be happening at the moment as the price is making divergence setup with MACD still keep rising up to today. If this thing blow to the upside, then we might see a jump in ETH price, at least for the short term, in comparison with its big brother Bitcoin.
Cherio...
Eth/BtcEthereum Long-term Scenario may be play out like this. not a financial advice. Very Bullish Above 0.36 Price Range.
ETHBTCLong term trend line being revisited this week...
Haven't seen that for eth in a while
Is this the psychological low or is eth destined for obscurity diluted out by other layer one chains...
From the stats I've seen from eths l2chains the eth economy is well and truly active with scaling nearing completion
Solana is the nearest competitor by use but the chain has decentralization issues and therefore has shut down multiple times in the last few years for periods..
Ethereums security lies in being able to access the network at all times.. something no competitor has managed at scale as of yet
ETHBTC is close to a heavy bounce indicating an alt seasonETHBTC is close to a long term trendline and we can expect a hefty bounce which will trigger the alt season. HOWEVER, do not think this bounce will hold. ETH is weak, ETH has no future in my opinion and this is just a bounce.
Get ready to capitalise on it.
BTCETH SELL ANALYSIS RISING WEDGE PATTERNHere on Btceth price has form rising wedge pattern if the line 24.4326 then going for SHORT is needed with the targeting profit of 24.0479 and 23.6632 . Use money management
ETH / BTC: A Potential Shift In Performance
It's no secret that Ethereum's price performance has been relatively underwhelming in the past 1-2 years, lagging behind the broader market.
A more clear picture emerges when we examine Ethereum's performance against Bitcoin.
On a weekly timeframe, the ETH/BTC chart reveals a long-term uptrend channel. However, within this uptrend, the pair has been in a downtrend since December 2021.
Essentially, the price has been moving from the upper boundary of the uptrend channel towards the lower boundary. It appears to have reached this lower boundary recently.
This suggests that Ethereum might be poised for a period of outperformance relative to Bitcoin.
Note: This doesn't imply a massive shift of capital from Bitcoin to Ethereum. Rather, it suggests that Ethereum could potentially appreciate at a faster rate than Bitcoin. The conditions for this shift may be maturing.
ETH/BTC lower - Price did not manage to set in a new high in a down trend
- Simple maths = lower prices
eth climax inboundif it doesnt drop here expect a wick into the sell zone and down for the month close
