Ethereum is about to lose most of its value vs. Bitcoin, or gain near equal footing with it instead. What are the scenarios, and why? Bear Scenario: Lost a 7.2 year uptrend - failed to reclaim on re-test, failed to touch bottom of trend on re-test. 50/200 week MAs Death Cross Remain below on any further possible re-tests, expect ETH to lose >90% its...
BTC leads, the rest follows? This is ETH against BTC, not USD! So as long as BTC doesn't do a big dump, it sure looks like ETH might push next. With BTC being close to ATH and ETH still missing another 30% just to get to ATH (in USD), that does seem plausible enough. Going by this projection though and assuming at least a stable BTC at the current levels...
Should we be concerned? The 60 EMA is approaching a cross with the 200 EMA on the weekly chart for #ETHBTC. If it breaks below the 200 EMA, ETHBTC may experience a drop of approximately 25%
As we can all observe, ETH is doing pretty bad against BTC. And I mean neck-deep-up-sh*t-creek-with-its-mouth-wide-open kinda bad LOL. People are starting to worry and get flashbacks of the December 2020 dip of ETH against BTC. The current situation is the price retesting a historic golden FIBONACCI level (61.8%) that's about 3 years old. This level is...
ETHBTC chart is currently in a support zone. we want it to 1- cross above the yellow trendline and 2- make a good weekly close above 0.06117 in order to have a nice ALTSEASON. basically sharp rise in ETH/BTC chart means ETH is outperforming BTC and it's a clear sign of Altseason.
With ETF ETF maybe will be approve in Aug, it seems Wyckoff Reaccumulation is valid. Maybe ETH will rebound and outperforming BTC start around July or Aug
Ethereum ETFs are suitable for both institutional and individual investors. They provide a regulated and secure investment vehicle, offering an alternative to the complexity of directly purchasing and storing cryptocurrency. As traditional financial institutions begin to cautiously enter the crypto space, ETFs can serve as a bridge attracting more conservative...
As you can see ETH/BTC broke the recent downtrend just as many people had given up hope that it would, just in time for the first ETF decision this week. DTCC has shown that the tickers are listed, does this mean the ETF will be approved? All we're missing is a tweet from the SEC saying the ETF has not been approved, I guess. ;)
There is still hope that long term ETH will outperform BTC, as long as it does not breach the level set by wave 1.... Interesting times up ahead.
This could possibly be my best trade of 2024. Activation above 0.061 Chart is self explanatory.
Hey everybody, Hope all is well. Today I take a look at the ETH/BTC chart as there is something significant on it. Price has just reached a YEARLY FVG. Yes, you heard that right. For ICT traders, you know what i'm talking about. This is significant in that large moves can occur. So let's dive in as I do my analysis, clean and simple stuff. Basically, ETH/USD...
hey ! market is becoming bloody boring for most of the traders and without reaching ETH/BTC pair to 0.42 area beginning of alt season is less likely, i excpect a little more correction of price to 0.42 that is weekly support and after hugging it price will starting to rise ETH AND ALTS will make a stronger bull run that we never had before and new ATH for ETH...
📊Analysis by AhmadArz: this analysis for jumping ETH to BTC in low support ... just wait for give zone .🚀 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
Hi, it doesn't look too good for ETH ETF in shorterm - shorting would make sense, right?
The Ethereum (ETH) to Bitcoin (BTC) ratio has been on a downward spiral, recently dipping to 0.046 – a level last witnessed in April 2021 and briefly revisited in April 2024. This significant decline underscores Ethereum's current challenges in maintaining its position against Bitcoin's ever-growing dominance within the cryptocurrency market. Over the past year,...
ETHBTC is one of those charts, which can be telling us that volatility is near. Loking at the daily price chart, it can be actually finishing a larger (A)-(B)-(C) correction, currently seen in final stages of the wedge pattern within subwave 5, with ideal swing zone here around channel support line , 0.045 – 0.040 area. So, as we have been talking about for a...
In the “Alt-coin market preparing for a 10x move” idea (below) it was written: “A word of warning. The uptrend will not be equal across all alt-tokens” MATIC, ALGO, LTC to name a few.. as expected not all legacy projects are enjoying the multiple x gains so many in the space have seen. Ethereum has currently printed a 78% return on the dollar pair since the...
It seems that ETHBTC has lost a static support and a dynamic support and reached 0.04664 from 0.08592 in 5 waves Elliott. I expect an upward corrective ABC patern to 0.05779 (equivalent to a pullback to the lost dynamic trend line) and continue the correction. On the other hand, from the point of view of NDS, all the movement in the weekly time could be the...