in #ethbtc chart candle wick patterns, stoch RSI and Macd shows weakness. Downtrend against #btc may continue, but not against #usd or fiat. Not financial advice.
The recent weeks have been pivotal for Ethereum, the world's second-largest cryptocurrency. While its price faced some fluctuations, a crucial technical development suggests a potential for significant growth in the near future. Analysts are closely watching a technical indicator that hints at a bullish outlook for Ethereum in the coming months.
The Power of the...
As we can all observe, ETH is doing pretty bad against BTC. And I mean neck-deep-up-sh*t-creek-with-its-mouth-wide-open kinda bad LOL.
People are starting to worry and get flashbacks of the December 2020 dip of ETH against BTC.
The current situation is the price retesting a historic golden FIBONACCI level (61.8%) that's about 3 years old. This level is...
The cryptocurrency market is buzzing with anticipation as many analysts and traders believe an altseason is on the horizon. Altseasons are periods in the market cycle when altcoins (alternative cryptocurrencies) outperform Bitcoin (BTC), the leading digital asset. Several factors suggest that an altseason could be imminent, and this article will explore these...
ETHBTC holding key support within long term range and pennant building since 2017-2024
Monthly bullish engulfing candle closing in few days. Heikin Ashi monthly doji is also closing in May. The RSI is also starting to break the downward trend.
This looks like an incredible setup. Are you positioned?
Hello,
We have exciting news and insights to share with you! With the potential approval of the Ethereum Spot ETF, we foresee significant movements in Ethereum’s price over the long term. Our detailed analysis and forecast are illustrated in the attached chart, providing you with a clear vision of what might be ahead.
Ethereum Long-Term Price Outlook
Current...
#personaloutlook #marketupdate
#cryptoweeklyupdate on 27/05/2024
#sekilascrypto #ETHBTC
As I mentioned last week, we have successfully broken through the yellow area at 0.4883212 - 0.05036641, indicating that ETH is starting to strengthen against BTC. So, what's next for ETHBTC?
Currently, it remains quite strong and bullish, but as we can see, the Stoch RSI is...
ETHBTC is still acting bullishly on timeframes such as the weekly, shown by this trend line
This leads me to believe that ETHBTC will continue this bullish trend.
As a result ETH's value compared to bitcoin will increase. This would be an ideal scenario in a large altcoin bull market.
📊Analysis by AhmadArz:
this analysis for jumping ETH to BTC in low support ... just wait for give zone .🚀
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Are we going to get a halvening before the Halvening.
Ethereum priced in Bitcoin is giving us the headsup that things are not right in #crypto world
After being so strong for so long
we have broken down through our stop loss for a Bullish #HVF
and now appear to be spilling towards legacy ratio's
if #Ethereum does go on a tumble
expect your #altcoins to...
Hey everybody,
Hope all is well.
Today I take a look at the ETH/BTC chart as there is something significant on it. Price has just reached a YEARLY FVG. Yes, you heard that right. For ICT traders, you know what i'm talking about. This is significant in that large moves can occur. So let's dive in as I do my analysis, clean and simple stuff.
Basically, ETH/USD...
#ETH #Ethereum chart shows a perfect Falling Bullish Wedge formation. It has broken the resistance and maintained above it, confirming the bullish momentum. All we need to do is buckle up. The rise of Ethereum typically signals a revival in altcoins as well.
Ethereum is about to lose most of its value vs. Bitcoin, or gain near equal footing with it instead.
What are the scenarios, and why?
Bear Scenario:
Lost a 7.2 year uptrend - failed to reclaim on re-test, failed to touch bottom of trend on re-test.
50/200 week MAs Death Cross
Remain below on any further possible re-tests, expect ETH to lose >90% its...
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(ETHUSDT 1M chart)
You can see that ETH has a volume profile around 2.7K and in the 1.4K-2.0K range.
Also, due to this decline, the HA-High indicator appears to be moving from the 3321.30 point to the...
Bitcoin dominance is an important chart indicator that reflects the flow of liquidity and market capitalization of bitcoin in comparison to the rest of the cryptocurrency market.
Bitcoin dominance historically moves in cycles, with the flow of risky cryptocurrencies(altcoins) to less risky ones such as Bitcoin. This provides a signal of when to buy or sell your...
I mentioned in the previous video that we might see a drop in the price of Ethereum as the ETH/BTC pair breaks lower due to liquidity being drawn to Bitcoin.
We have observed a relief rally towards the 20 EMA, following the breakdown of the ETH/BTC pair, while still respecting the 20 EMA.
Based on the previous cycle in 2019, we saw something similar as ETH/BTC...
