The above monthly chart makes for very disconcerting reading. Viewer discretion advised. Bulls looks away!
On the above monthly chart the ETH/BTC pair is shown. Stochastic RSI (purple circles) WILL cross down 40 with the close of this monthly candle unless something amazing happens. This cross down has not happened since the November 2017 top.
The last time...
The dominance of Bitcoin is growing. When Bitcoin is growing - altcoins are growing less or without rising. Bitcoin falls - alts fall even more.
Paired with ETHBTC, we see a Wyckoff Distribution Schematic #2. We are currently in Phase D. The price is approaching a support zone. Most likely, there will be some descending trading near this zone. We will form LPST (a...
I am remiss that this summer I have been enjoying life more than sitting in front of the screen diligently analyzing price action. While catching myself up on the long term trend changes from the recent moves I came across the BITFINEX:ETHBTC cryptocurrency cross pair. This pair has been my favorite to watch and trade for years.
On the Weekly, price has...
Proof of stake coming, Plenty of projects based around ethereum, Massive usecase through out crypto.
If ethereum is the real deal then it has to start showing its value NOW.
Buy some eth for the long term, But not too much. Just get enough exposure so you won't regret it if it goes to 10k or something.
Today, I would like to bring to us ETHBTC chart. Believing that smart traders among us must know its implications when ever ETHBTC signal BULL or BEAR. Let me help you all, its signal always precede what ALT market will do.
Very quick one not to waste our time, we have ETHBTC price break important Bullish structures on weekly with price crossed...
Ether and Bitcoin reached their highest levels in 10 days on Sunday (June 26) as the market showed some signs of stabilisation. The No. 2 cryptocurrency advanced as much as 5.8 per cent to US$1,279.06 on Sunday (June 26) before pulling back on Monday.
The rally comes after the token dropped as low as US$880.70 on June 18. It appears to have found support around...
Messing around w/ fractal idea from previous bear market, kind of lines up with a sell the news event on Merge (anticipated in September) and continuation of macro bear market.
Would assume ETHBTC finally surpasses >0.1 during next bull run following a longer consolidation period.
Hi guys, imo here there is a bearish pattern and Eth could drop 50% as other drops i have underlined.
If this happen, and i'm waiting for, i'll probably convert all my Btc (or maybe half of my spot position) into Eth to sell higher in the coming months.
Would you follow me?
ETH / BTC
ETH brokedown the important support level against USD today (1700$) which open the way to test 2018 ATH
1 month ago , I sent an alert about the weakness in market you can check here :
Today ETH just reached bears target against USD of my previous idea
But here in ETH/BTC its looks like there are more room for bears up to 0.04 BTC ! (The...
This is a quick post. A month ago I wrote about the potential long term top for Ethereum's ratio against Bitcoin, comparing it with the distribution seen on the XLM/BTC pair in 2018.
Since the post, the ratio has declined over 20%, while ETH/USD has tested Summer 2021 lows ($1700). Today, ETH/BTC bounced off the 200 MA on the 3 day chart (teal). Once below,...
ETHBTC has provided some amazing wedge chart patterns (contracting)
Wedge 1 and 3 are very similar, both leading to a red double top pattern that will likely lead to a bottom along the yellow Fibonacci circle
Super Cycle in $ETHBTC
Next change to PoS: momentous event
$BTC.D is still low, with $ETHUSDT down -80% since its recent ATH, I believe that large entities still have no sales initiative and do not believe that the market is in a "crypto winter" process if not a deep correction
Proposed scenario is of accumulation before an upward movement in high time...