Predicting ETH to outperform BTC in the current stage of the bull run as ETHBTC has hit a hard support and is looking to create this W formation This will shake the market up BULLISH
Has ETHBTC bounced off a lower curved trend line? Suggesting it has using this chart we can plot future values for ETH's value Vs BTCUSD Incredible how much the value could change Bullish
Right Shoulder is currently under formation with the big bull move yet to come H is the head of the structure Top dotted line is just a potential price move and forecast aligning with the lower diagonal lines Bullish
The large triangle is forming similar to the one prior to the 2021 breakout I expect MATICUSD to melt faces post this triangle breakout I have posted a chart like this before but it becomes more relevant everyday BULLISH
Price has broken out from the double bottom on the upward diagonal line A sloped cup and handle can also be plotted or it can be interpreted as a larger bowl structure, currently experiencing the upward phase of the handle or completing the bowl. See if it can reach the prior high
Strong up trend line in solid white line with bottoms along the dotted line also which provides support. Very bullish with support maintained.
Three boxes, movements within each are often sideways leading to bull moves Currently we are experiencing a bull move on TOTAL2. Lets goo
Daily Gaussian Channel example showing a shift from the bear state to bull This observation leads me to believe we are in for more upsides for the bulls Lets go
The Gaussian Channel shows a bullish trend on this Monthly timeframe with a strong bounce off the middle line of the channel. This as a point of reversal allows ETHUSD and other altcoins to out perform BTC on a Monthly scale. I think BTC will Top very early compared to that of Ethereum and other altcoins.
A down trend can be drawn using the previous highs peaks Price has risen above this trend line currently and is finding support above it This is a bullish scenario with the further breakout upwards just a matter of time to occur. Daily chart
In each circle the alligator indicator can be seen to be stretched out or "open" When in a state like this bull action is most common This is the Monthly timeframe so patience is required for big gains, regardless we will be seeing more green days than red. BULLISH
ETHBTC is still acting bullishly on timeframes such as the weekly, shown by this trend line This leads me to believe that ETHBTC will continue this bullish trend. As a result ETH's value compared to bitcoin will increase. This would be an ideal scenario in a large altcoin bull market.
Assuming the bull run continues a large W pattern can be created on an angle with the dotted yellow line being the middle of this large structure. Date ranges are very similar from the start of the bear market in each scenario to the end of the bull run. There is still bull moves to come in this market.
As seen in ~2017 the bear phase is very short and leads to a massive rise I suspect this will occur for Litecoin again after years of weak performance Great long buy In the 2017 scenario price was similarly trending under the middle line of the channel.
An idea considering Bitcoin and the current bull run Using previous tops tops to show how the structure is changing over time This is better shown with a curve and normally shown that way but this another example. I think bitcoin will peak before the rest of altcoins and then a massive alt rally will ensue.
Strong Support is being found along the middle band of the Channel on XRPUSD Monthly timeframe. Previously this support led to the massive rise to ~$3 I wonder where the current support will push price to. Its gonna be massive.
A shift from the bearish red channel to the green bullish state is seen on this Weekly timeframe Expecting incredible results from MATIC/Polygon. Observational post. Very bullish.
Using the MACD on this monthly timeframe we can see a clear cross allowing bullishness on the monthly timeframe for ETH Just another example of why the market should act very bullish currently. MACD is a great indicator.