I liked the chart in the 5's and now it's looking good again, had a selloff but the premium is low again and I think ETH is about rip faces for a long time, ETHE to the 70's is my plan.
Hi @everyone, Here 2 long scenario's for ETH. The targets of these setups are only till the neckline of the A&E formation, The likelyhood these targets will extend are very high once one of these setups are playing out. As these setup's are swingpostions we will update the extended targets if needed ones we are nearing current take profit targets. Settup's...
Hi @Everyone, In this chart we compared previous BTC bottem formation (2019) VS the current formation in the Ethereum chart. 'Facts' - ETH has a confirmed Swingfailure on the Daily Linear chart. - It took 420 days of till we broke this trendline (swingfailure). (same as btc in 2019) - Structure = Adem&Eve / or (potential acending) Both bottemformation...
This chart is showing that altcoins are a bit stronger (still) than BTC, and potentiall next BTC fall won't affect that much alts. Would like to see ETH reach top of the curve first before getting bearish on atlcoins.
Eth is targeting 2T market cap. my own perspective is we will be there before April!
Hello friends, today you can review the technical analysis on the 1W chart for Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). 1) Both GBTC and ETHE are heavily invested into the crypto markets through Grayscale. 2) With the crypto market correction, prices of both GBTC and ETHE may fall as well. 3) Both charts show the Fibonacci Retracement...
Quick update on the Grayscale ETHE chart looking at the daily time frame we can see that the price just broke out after the 3rd touch last week and looks like its headed towards the pre-split bottom at $28 - $31. I haven't done an update on this ETF since the split at the end of the year and after the price 2nd touched this downtrend. From here, we saw the bounce...
When ETH cap approaches 50% BTC cap they both fall down. So crypto should be reaching a peak soon. Each time ETH holds up a little better than BTC. When BTC gets a bit closer, one of these 50% cap crosses will continue on ward until ETH cap crosses BTC cap, The Flippening. However, until that happens, I must assume they both sell off at the cross.
This is the Ethereum ETF. ETHE is showing strength similar to Bitcoin. Notice how ETHE closed below the 21-day exponential moving average (blue line on chart) on August 1st. It came right to previous resistance and bounced hard on high volume the very next day. This is what I want to see – aggressive buyers taking advantage of temporary price drops. I took a...
Hey traders, Looking at the daily time frame of ETHE here, if Ethereum can continue its move upwards, we can expect to see a $ 12 price target for ETHE. At the moment, ETHE by itself is -44% Discount to NAV which means you’re essentially buying Ethereum spot price around $1000. The $ 8.78 support level has held and i’m expecting that to before this move up...
I'm hoping this gives me the ETH supply. It's the ETH market cap (CRYPTOCAP) divided by ETHUSD. Yays or nays much appreciated.
ETH/BTC Maketcap update Looks promising. On twitter there will be more talk about the flippening (ETH MCAP will overtake BTC) but I'll try to stay grounded. I'll try to trade inbetween and sell early in several batches. By far ETH is my largest position. For my public portfolio please visit my profile. This is not financial advice. Please do you own research....
ETH/BTC ratio has broken down in the danger zone⚠️ In previous cycles this usually meant bearish 🐻momentum for ETH/USD price which we can see price drawdowns of up to -75% 📉 Lessons from the past can give us some forward guidance on what to expect 🧭
ETH/BTC(MARKETCAP RATIO) ACTS AS AN PERFECT INDIACTOR IN THE MOVEMENT OF MONEY FROM KING BITCOIN TO ETH AND OTHER ALTS. BY ANALYSING THE RATIO CHART, I THINK THE ALT SEASON IS ENDED AND WE ENTER THE BEARISH SEASON. PEOPLE TEND TO SHORT ALTS THAT OVER PUMPED IN PRICE IN MILLIONS OF DOLLORS AND THE THING IS HAPPENING. ---->YFIUSDT { Binance Futures #YFI - Unusual...
These are my thoughts on ETHE. They are meant to give you an idea, not trading advice. So we saw a big rally in ETHE, I do was expecting this to go higher. Too bad. But a correction is inevitable, and will tell us a lot about the future of this market. - We just had a big capitulation volume spike which could mean the bottom of this correction is in. - RSI is...
ETHE (Grayscale Ethereum Trust): ETHE is at it's lowest premium since November 2019 as of 08/19/20 sitting at around 179% vs roughly 1000% lesss than two months ago. It's also currently sitting at a horizontal support/rising support line and rising RSI support. With Ethereum overall being bullish I would expect the premium to go up fast if there is a big move. ...