Chart shows further drop. We will hedge here in this house : Buy BTC and Sell ETHUSD it worekd very nicely before and we see it will work again now! Look at our previous ideas for more info on how to hedge. Wishing you the best the FXPROFESSOR
In our previous we explained 'why and how' to hedg e (Buy Bitcoin/Sell Ethereum) and as you probably understand it's going really well. I said it is going, not it didn't go, simply because that plan is still on. ETHBTC drop looks like it's still in the beginning. Ethereum is the weakest link at this stage, for reasons we explained just a few days ago; ...
Ethereum vs Bitcoin ratio seems to be declining. Our chart actually shows we could a expect a drop as big as 32%... That means that Bitcoin can start rising faster than Ethereum. Or that Ethereum can start dropping faster than Bitcoin Or the perfect scenario that Bitcoin rises and Ethereum drops. How do we use such info? Well, we can hedge: Buy BTC / Sell ETH 😉
this is a typical channel breakout trade. retest has been confirmed via ellipse. if top of channel holds, we are in the green light for this trade. if falls below, should close, as it may fall further to 127fib or other up trending supports that form channel. next 4h candles are crucial.
Broadening Wedge with a clear 12345 structure completed Further upward into the wedge is likely and a bullish breakout upwards out will occur, much similar to that had occurred to the smaller broadening wedge within.
Chart of ETH/BTC shows a cup & handle pattern. ETH in a bull run with new ATH while BTC in a correction. Buy ETH now or wait ETH break 0.39 for more safety.
Haven't sold too much on the way up, collected some sats. Again, looking to buy more ETH Cheaper for less Sats. Have been selling small amounts. I'm think both ETH and BTC will be going down a bit more, possibly Alts will start to go nuts if this were to happen, both BTC and ETH will probably dip to allow this to happen, and then when many people have been...
Hi All, As you can see, its broken a key support trend line. It seems on the weekly we still have more downward pressure and in my opinion, the next level is here with a possible reversal. As per my chart, I have the ABCDE spanning wedge confirmed and there are 2 levels...I think this is the next target. Note the bearish signs on the weekly indicators...they...
Consolidation breakout: lower low below support (now turned to resistance imo) Decent R/R Cosolidation = H&S in this case. But me personnaly don't like such an obvious cliche. Better call it consolidation simply.
This is how I expect price action of ETH BTC MID/LONG term Feel free to add your opinion and keep supporting me with likes Dont forget to follow me to see all of the updates and new analysis
Pullback then break of 0.382 on the Binance pair Awkward H&S on Bittrex pair I believe there will be a further pullback due to the sharp nature of the channel. Still long.