MasterOfCoinage
Long

Ethereum Yearly Market Cycles vs. Bitcoin

POLONIEX:ETHBTC   Ethereum / Bitcoin
The CryptoCurrency $ETH appears to have a regular yearly bottom vs. $BTC right around mid-December, following which we have seen a long-term uptrend lasting until mid-May.

$ETH is currently trading around the 0.056 level in the $BTCETH pair and, assuming it will move upward and break above the 0.06 level, I believe we are bound to see a repeat of this yearly market cycle.
Consider the pumping speed of XRP , this thing may just pop in matter of weeks
Reply
@lykimthanh - The circumstances with $XRP were very different (IMHO), which is why I believe it's more likely we'll see a slower grind with Ethereum vs. the "Pop" we saw with Ripple.

I actually called Ripple on twitter on Dec.9 when it was around 1600 Sats:
https://twitter.com/MasterOfCoinage/status/939443941946023936

You can see my work on the $XRPBTC chart in the thread associated with this tweet.
Reply
lykimthanh MasterOfCoinage
@MasterOfCoinage, well true, we saw price manipulation with $XRP before it popping vertically . As for ETH , IMO we have strong reason to believe Plasma & POS will cause price manipulation again , let's say if half of the world follow the new Russian rule on ICO & the use of ether for " elite forks " ; mining won't give enough demand
Reply
Great first chart.
Reply
@prep16505, thanks my friend.

I've actually been doing this for quite a while but have only been posting my charting on twitter.

I bought my first Bitcoin in 2014 and have been trading Altcoins (pretty much) ever since, so I like to think I have a better feel for these markets than most.
+2 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out