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.
On the weekly time frame (TF), there has been a sideways movement since May 2021. The seller's vector 11-12 interacted with the lower boundary of the range at 0.049081 several times. After the first interaction in January 2024, the buyer performed well with a single weekly candle (January 8th), forming a buyer's zone (blue rectangle on the chart). A similar...
in #ethbtc chart candle wick patterns, stoch RSI and Macd shows weakness. Downtrend against #btc may continue, but not against #usd or fiat. Not financial advice.
The recent weeks have been pivotal for Ethereum, the world's second-largest cryptocurrency. While its price faced some fluctuations, a crucial technical development suggests a potential for significant growth in the near future. Analysts are closely watching a technical indicator that hints at a bullish outlook for Ethereum in the coming months. The Power of the...
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...
The cryptocurrency market is buzzing with anticipation as many analysts and traders believe an altseason is on the horizon. Altseasons are periods in the market cycle when altcoins (alternative cryptocurrencies) outperform Bitcoin (BTC), the leading digital asset. Several factors suggest that an altseason could be imminent, and this article will explore these...
ETHBTC holding key support within long term range and pennant building since 2017-2024 Monthly bullish engulfing candle closing in few days. Heikin Ashi monthly doji is also closing in May. The RSI is also starting to break the downward trend. This looks like an incredible setup. Are you positioned?
This is going to be the most profitable trade of the year sponsored by BlackRock. The narrative and the technical aspects are all too obvious at this point.
Hello, We have exciting news and insights to share with you! With the potential approval of the Ethereum Spot ETF, we foresee significant movements in Ethereum’s price over the long term. Our detailed analysis and forecast are illustrated in the attached chart, providing you with a clear vision of what might be ahead. Ethereum Long-Term Price Outlook Current...
#personaloutlook #marketupdate #cryptoweeklyupdate on 27/05/2024 #sekilascrypto #ETHBTC As I mentioned last week, we have successfully broken through the yellow area at 0.4883212 - 0.05036641, indicating that ETH is starting to strengthen against BTC. So, what's next for ETHBTC? Currently, it remains quite strong and bullish, but as we can see, the Stoch RSI is...
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.
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The key is whether it can receive support near the Fibonacci ratio point of 0.618 (3548.07) and rise above the upper point of the HA-High indicator box on the 1M chart. If the price...
#ethereum against #bitcoin chart, #ETHBTC has reached top of the channel before ETF approval. Volatility will be insane.
Liquidity is slowing off Etherum toward Bitcoin as show on the ETH/BTC pair structure at lower timeframe is respecting the 50% fib level and also trending downward inside the channel , as it repeats is similar pattern!! Thank you for watching Follow me for more crypto analysis
📊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!
This could possibly be my best trade of 2024. Activation above 0.061 Chart is self explanatory.
Are we going to get a halvening before the Halvening. Ethereum priced in Bitcoin is giving us the headsup that things are not right in #crypto world After being so strong for so long we have broken down through our stop loss for a Bullish #HVF and now appear to be spilling towards legacy ratio's if #Ethereum does go on a tumble expect your #altcoins to...
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...