ETH is having a go at BTC lets see if it stays in the pitchfork channel I have tried - zoom out
ETH is having a go at BTC, lets see if it stays in the pitchfork channel I have tried
It is possible for the BTC correction to shape a triangular pattern. This analysis will fail if a daily candle will be closed below the 45,000 USDT.
“ Patience is bitter, but its fruit is sweet.” Aristotle. SO BE PATIENT!
Ethereum is on the verge of a massive break out. The 200-week moving average is currently acting as a resistance for Ethereum (being below this garners a very rare opportunity). We have been following the major triangle Ethereum has broken out from at the start of the year (a structure dating back to 2017 indicating 500% upside). Most people can not see the 200...
Hello! Here we can see Bitcoin on left picture and Ethereum on the right. I guess Ethereum (alts) are taking over again atleast for little while.. Before today I though that Bitcoin Dominace would have turned (analysis earlier) but it seems alts got an upperhand for now.. Maybe Bitcoin needs to go get some more momentum possibly from previous structure, 20...
Hello! Will we do the same movement we did 3 times already with RSI or break down? Here we have chart (4hr) on Ethereum against US dollar where we can see that the All time high (around 1430) has been hit 3 times already. If we get a fourth time I think we might be able to break it and go for the first target and possibly through other resistance line...
I think there are two possibilities very close to Bitcoin within the next two days, watch them closely, one in yellow and possibility in red. These possibilities are non-existent if the liquidity decreases and the lower red leg is broken and closed below it. what are you say ? leave your opinion in comment !!
Pardon the phrase, but it seems to be appropriate given we are talking about dominance...Sell ETH for BTC, not large amounts because BTC dominance seems to bouncing for the next little while. Keep a core position on ETH if you keep no other alt for long term gains though. ETH will continue to have relief rallies, and but we are probably moving into a phase where...
Hello Dear Traders, On Jan 18, we posted this idea: We discussed earlier about strong bearish closing on weekly candle, After 14 weeks of Historic bull run. we can now confidently say tht 42k is bearish territory and its not easy to cross without healthy correction of 30-40%. As per tht BTC dumped very well and tested Solid Demand Zone(28k) as expected. Also one...
📌 ridethepig | ETH Breaking Correlation A good example of a freeing move . In similar positions, the break can trigger capitulation , since it opens up a test of the pivot level which is already somewhat cramped and is at the same time the appropriate positional response as we see profit taking in BTC help ETH catch up on the wing! The break ...
Ether looks set to outperform Bitcoin, at least that's what the BTC/ ETH Ratio says, with the presence of a clear head and shoulders pattern, which would suggest that the ratio of BTC/ ETH may well narrow to as little as 15:1 (this would equate to a price of ether of $2,400 USD at present time). This pattern is even more easily discernible on an inverted chart...
This is the only Ethereum chart that matters We have Inverse Head & Shoulder and descending trend line. Entry level: break above trendline Take profit 1: Red line Take profit 2: 0.085
BTC.X to $37500 and then $35000