Past Performance of ETHBTC
After underperforming Bitcoin throughout Q1 2023, dropping roughly 20% in three months, the tide is beginning to change. ETH buyers are in control when writing, checking the performance in the daily chart. As it is, ETH is up 10% from March lows. At this pace, and with ETH prices breaking out versus Bitcoin, traders can look to add to...
Past Performance of ETHBTC
ETH prices are relatively firm versus BTC when writing, per the formation in the daily chart. Overall, buyers are in control, and the immediate trend is northwards. From the ETHBTC candlestick arrangement, the immediate support is 0.075 BTC coinciding with around April 2022 highs, a critical reaction level.
#ETHBTC Technical Analysis...
Past Performance of Bitcoin
Bitcoin is inches away from retesting Q1 2022 lows. The coin is down four percent in the last trading day. Buyers are struggling to keep up against a deluge of sellers. Based on the formation in the daily chart, traders can unload on every attempt to pullback towards recent highs.
#Bitcoin Technical Analysis
BTC sellers are firmly...
Will Oct be the start of yet another leg down in the entire crypto market? Can BTC break below 20K
GET READY FOR A RETEST THAT WILL SHOCK THE CRYPTO COMMUNITY SAYS BITCOIN GORILLA🦍,
Today 6th oct BTC is encountering a big phase that could affect the upward move recovery/
My analysis has been pointing 20k since April 1st, and I am still 100% standing on that...
Good afternoon, from looking at this chart of BTCUSD it can be easily depicted that bitcoin has been losing bullish momentum. It just tested 57150 resistance and got rejected. If unable to break, a downturn to 40k is reasonable. The area where the two trend lines intersect will be a dangerous area to fall into. There is also a downward curve forming.. let the...
Based on Elliott Wave analysis and what's determined to be the most likely outcome for Wave 4, I suspect that we're currently in the 1st of 3 phases for the total completion of the Wave 4 correction.
Typically, a primary Wave 4 will retrace down towards the zone of the previous sub-wave 4 (aka Wave 4 of primary Wave 3). In Bitcoin's case, Wave 4 of Primary 3 is...
Take a look at this chart and please understand that this is not trading advice. I am simply taking notice of the larger trend that BTC has been trading in and continues to trade in. Any hope and dreams of this being more than just a wick at this point are just that, hopes and dreams...the fact of the matter is that until we can prove that this is a reversal...
