Pretty basic analysis. The markings on the chart speak for themselves.
Hello Traders! Glad to present global EWA/EWP analysis concerning ETHBTC by Zarina Tengri. Everyday, nine Tengri's traders, creates professional analysis, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint. We trade in all financial markets, there are no boundaries or...
In this chart we have BTC/USD in the green and red bars, while ETH/BTC in the purple and magenta. I want to compare the two to really understand why BTC is moving up the way it is and identifiers that will help us know when it will reverse and a potential trade opportunity. This will help us know what to look when we enter and knowing why and how to be...
Short ETH/BTC on the daily timeframe. Head and shoulders pattern completing as price reaches the bottom of the Ichimoku cloud, along with bearish TK cross. Wait for completion of pattern and price to drop through the bottom of the cloud to short - targets around 0.031.
Just showing where i drew a b and c going based on the i pattern from previous chart.
I have both a bullish and bearish case for the ETH/BTC price. This bearish case represents a continued drop of the ratio down to the 0.036-0.040 level over a long time period. The red circles most clearly represent the bearish repeating pattern. The counts of 1, 2, and 3 show the three peaks that correspond to one another between the two different red circles....
I am extremely new to this, but enjoy trying to make predictions. This is my first posted idea...so here goes. I think that ETH/BTC is about to make a breakout for a nice bull run...A good buy-in opportunity is coming up!
ETH is approaching a major testing of a current support line near the 0.04 price range. Potential 5th Elliot Wave to come if support is found and the trend line remains unbroken. This would be a good setup for a Long. On the other hand if support around the 0.04 price range is broken, expect a Retracement to the lower Fib line. This would be a great setup for a...