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...
Hey guys - Just taking a quick look at ETHBTC and it would seem we've experienced a little fakeout above trend levels only to experience quite a sharp decline to the point of breaking below recent support.
There is still strong support located around 5% below current price so this may act as a natural level to reject the downward momentum - or ETH may well break...
Ethereum has provided great utility to the Crypto ecosystem. I am not here to school you on it, everyone can do their own research.
That being said, I believe that we are in the midst of a re-accumulation. The prior market cycle was cut short abruptly by Bitcoin's double top and Macro conditions. Without that anomaly, Ethereum was likely to test its all time...
Past Performance of ETHBTC
After weeks of higher highs favoring Ethereum, the pendulum is swinging. Bitcoin buyers are taking charge, pressing lower as demand picks up. Overall, price action is confirmed within a rising wedge, technically in a bullish pattern. Even so, as long as prices are capped below 0.077 BTC, Bitcoin bulls have the upper hand.
As all crypto market went down it is a good time not to panic and learn something new.
Today we prepared for you nice indicator Gann Square combined with Fibonacci Arcs.
This enables us to see supports and resistances not only linearly but also circularly.
Looking at the chart we can see at the horizontal axis we have a time and on the vertical axis we...
We've got a significant break upward with ETHBTC at the moment - breaking out of this symetrical triangle it's been trading within for the last few months. With a Long signal from Crypto Tipster v2 last night we're already seeing gains of a few % in just a few hours!
Get your SL in at just under the most recent tradinf range, around 0.071 and watch this rise up...
The last time we looked at this chart was on the 24th of November 2022... You can see it below:
Let's keep it simple.
Here we have very strong growth potential.
Really strong as ETHBTC is trading above MA200.
If EMA50 gauges the mid-term, MA200 is for the long-term.
After many months of consolidation above this level, expect a strong rise to take place.
The ETHBTC pair has been trading within the 5-month Higher Lows Zone for the past 5 days, tight also within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). All this while it remains bearish below the Lower Highs trend-line that started on the September 07 High.
The 1D RSI is rebounding off its 3-month Support Zone, so technically we should see a...
#ETH/BTC Technical Analysis:-
#Ethereum currently trading at 0.075 BTC
This is -18% down from This bull run ATH
I am Expecting big Dump coming few weeks so Ready and Prepare for dump.
As my Knowledge ( not Chart ) I am expecting -70% Dump in coming few Months.
So Never Go All in any Altcoins now.
I am Now Talking about Altcoins in BTC Pairs.
My 3 Targets for...
I have recently been debating whether to use single or double ichimoku settings. I have inspiration coming from both Chaos Trader 63 (classical Ichimoku Chartist single settings)( 9, 26, 52, 26) and Josh O. (uses double Ichi setting 20, 60,120, 30 (derived from increasing the numbers to account for crypto being 24/7 365 compared to different times on Legacy...