Narrative is overly bearish ETH due to position in market cycle. ETH is a different asset compared to 2018 however, with substantially better supply dynamics than Bitcoin, increasing average returns for ETH over BTC. The charts reflect this. A signicant double breakout on the charts recently suggests ETH is starting to breakout of its downtrend against BTC which...
My expectation is that the alt season has started but it won't last long. Growth will be but not for all coins. My recommendations: Do not buy old projects 2018-2020 Give preference to new projects 2021-2023 Place take profit with a ladder When the price ETH\BTC reaches 0.75-0.77, reduce the positions to 80% The information provided here is for informational...
eth/usd tradingview index ÷ btc/usd tradingview index... 12hour heikin ashi with fib channels and a parallel channel with a 50sma 10day heikin ashi parallel channel : new ath on the way? thanks @Pennywick for the mirror fib sequence feel free to comment // Durbtrade
Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ETHBTC 1W Chart) After the volatility period around June 26th, we need to see if the price can hold up above 0.07248. ---------------------------------------- (ETHUSDT chart) The...
The ETHBTC pair has been trading within a long-term Falling Wedge pattern since September 2022 and currently it is testing its top. This is also where the 1W MA50 (blue trend-line) is, so we can potentially have a double bullish break-out. The 1W RSI has already broken above its 9-month Channel Down, issuing the first signal. If the price does break and close...
Good afternoon, dear colleagues! I am glad to welcome everyone and wish you to get acquainted with my vision of the current situation on this instrument. The situation is similar to the stage of accumulation (local) asset that began on 09.11.2022, where we are in the final phase before entering the trend movement (bullish). But I have some doubts, because...
In the previous analysis, we mentioned the support range in the chart, and as you can see, if this area is broken, we will have a falling trend to $25,000 and below, and otherwise, if this range is maintained, we will have the possibility of the price returning to the $31,000 area. Its not Buy or Sell SIGNAL DYOR BY : M.TeriZ - @AtonicShark
ETHBTC is beginning to look like a rounded top, which can act bullishly once completed. Once the yellow dashed line breaks price is free to move up. I have shown price moving up with the bars pattern tool in green. Daily timeframe
Just be aware of the ETH CME gaps at $1500 and $2600. I would expect eth to hit $2600 if Bitcoin gains bullish momentum and taps his own $35K CME gap and runs to $37K.
Hello dear friends, *Mars Signals Team wishes you high profits* This is a daily time frame analysis for ETHBTC.1D We are in the daily time frame. As you can see, the price is oscillating at the resistance line. If it fails to stabilize above the resistance line, it has the possibility of falling to the first support line and we have shown you the supports. If it...
Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- ethereum (ETH) also moved higher on Saturday, remaining above the 1,800 level. Following a low of 1,810.37 on Friday, ETH/USD managed to hit an intraday high of 1,837.87 earlier in the day. This surge led to the world’s second-largest cryptocurrency breaking out of its recent ceiling...
Chart on the left is ETHBTC zoomed in to the first 2 to 3 years after inception. Chart on the right is ETHBTC fully zoomed out, from inception to now, about 8 years. There are remarkable similarities in both time frames of the same chart, as noted below: 1. A sharp decline, followed by an immediate price pump. 2. The rotated rectangle shows a drop in...
Hello, welcome to this ETHEREUM /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) also declined for the second session in a row, falling below the 1,800 level in the process. After hitting a high of 1,817.97 ETH/USD reached a low of 1,763.37 today. The move dropped Ethereum from its own support point at 1,790, hitting a two-week low in the...
The ETHBTC pair has been trading inside a Triangle pattern for almost a year (since the June 13 2022 Low). For the past 3 weeks the 1D MA50 (blue trend-line) has been supporting while the 1D MA200 (orange trend-line) has been the Resistance since January 21 as the price has failed to close a 1D candle above it (having 3 clear rejections on it). The key difference...
- ETH/BTC is approaching the end of a symmetrical triangle formation on the daily chart, which began back in July 2022. - The CM Williams Vix and Ultimate RSI indicators suggest that the bottom was established in late March 2023. - Currently, ETH/BTC is testing a significant resistance line that has held strong since July 2017. Additionally, considering the...
After thorough analysis, it is apparent that the price of ETH has developed a Head and Shoulders pattern. In the event of a breach below the neckline, a substantial downward movement is anticipated. It is, therefore, advisable to closely monitor the neckline for any such movement. Furthermore, based on the strong correlation between BTC and ETH, it is expected...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORTthe ETH symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Ethereum seems to have created a 🐻bear trap🐻 (but the 100-SMA held Ethereum well). According to Elliott Wave theory, Ethereum is completing a c orrective structure . Ethereum correction structure can be Expanding Flat(ABC/3-3-5) or even Double Three Correction(WXY) . I expect Ethereum to go up to 🟡 PRZs(Price Reversal Zones) 🟡 after breaking the ...