Bitcoin currently holds 40% of the total cryptocurrency marketcap and ethereum 22%,Although the most majority of dominance belongs to Bitcoin but according to what I've analyzed before about ETH.D , that is surging against BTC .D ,It seems that the game is changing gradually ..
Goldman Sachs, as a banking giant on Wall Street, agrees that this could...
Ethereum - Intraday - We look to Buy a break of 4441 (stop at 4354)
Daily signals are bullish. Posted a bullish Flag formation.
A break of 4440 is needed to confirm the outlook.
A break of yesterdays high would confirm bullish momentum.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 4694 and 4764...
ETH had a very nice recovery after the December 4th crash and it found great support on the $4k level.
Provided we don't break the uptrend since March 2020, ETH should continue to outperform Bitcoin and the overall market.
Right now price is battling the $4,300 level which seems to act as resistance.
The daily indicators are still on the bearish side, but...
A comparison between Polygon/matic (btc) and ETH(btc)
The structures are very similar
I have noticed also that both coins are primarily used in buying NFT's and other Internet items, further justifying the comparison
I have just bought some Polygon based on this comparison and the above assumption
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Ethereum seems to be eating into Bitcoins store of value narrative
EIP 1559 defintely has had a part to lay in the tokenomics
and the need to own ETH to perform your transactions still remain, even though gas is alot lower these past few days.
ETH/BTC is breaking out of a long range. Next level is 0.12. Still could see 40% to 50% rise in next few months. Even if #BTC trades sideways, ETH could rise! If they both rise at the same time, ETH will go parabolic.
It has completed its attractive conditions on a weekly timeframe and has shown its very high strength in the last two or three days. It has issued a medium-term entry signal by stabilizing above its previous ceiling. Ethereum is in better condition than other cryptocurrencies and will be the first option for re-entry. New targets will be announced soon.
Bitcoin with a healthy bounce following uptrend after leverage flushout. Great time to dollar cost average on altcoins. ETHBTC pair also presents Eth outperforming Btc which is a major sign of a upcoming alt-season. Amazing time to enter the crypto market if you haven't. Safe trading everyone 🙌
This is idea of possible 3th wave top, where we can maybe see B for running flat before drop to C target. Drop to C of possible extended flat will invalidated this 12345 move if enter in zone of second wave. Also break above target for B wave will consider for new alternate count. Here couple extra screenshots what support this idea.
On monthly chart like you see...
We in consolidation for now:
Lows: $4000 areas
Highs: $4800 areas
A break to either direction, a pull back and then continuation to show the direction of trade short term of the formation draw. Either way, longer term I am bullish ETH and any pull backs regarding price, I will be buying in further.
Long term view: A break above, pattern: Cup & handle formation...
Nothing can replace bitcoin, but the underlying narrative for ETH seems to be shifting from one of speculation to one of store of value (gold). I would expect a nice, long breakout over the next year or so from this multi year accumulation. Bounced right back after the sell off this week. Nothing but wicks on the ethusd chart. The network burned...
ETH price is at the bottom of long-term uptrend channel (Ascending trend line)
21.6% of crypto market cap value belongs to Ethereum (ETH Dominance)
In best case scenario this is the bottom but if it breaks the trend line, it will be a bearish sign for whole market and also a sign of more correction
When it breaks the channel, ABC flat correction is my...
We are looking at ETHBTC (Ethereum) long-term, this is the monthly chart.
The stage is set for new All-Time Highs.
ETHBTC is looking strongly bullish.
We have the cup pattern clearly marked, which shows that any correction is in the past and already over.
We have prices trading above EMA50 and flying above EMA10.
We have a bullish count on the TD Sequential...
A Trading Signal is seen in the ETHBTC
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.08090
⭕️SL: Close below 0.07685
🔵TP1 @ 0.08990
🔵TP2 @ 0.10130
🔵TP3 @ 0.11505
ETH / USDT
In high time frames ETH is retesting previous strong resistance which acting as support now
We also have uptrend line still valid and not broken since march 2020 !
Price can drop more to test uptrend line no problem with that ,As long as we hold above these support levels we are simply bullish
Note1: ETH usually follow BTC
Note2: market turned...