Just a quickie to say that ETH like many other alts is a very un-bouncy dead cat right here. Has not moved up with Bitcoin at all. Expecting a BIG fall soon when Bitcoin reverses and I am short until next capitulation, just like last time.
Look at the naked chart and see reactive baounces previously, now its just a runaway ball down a hill.
Will update Bitcoin...
It is clear that this bull cycle is not yet complete.
Once this final bearish wave on bitcoin plays out we will see the return of alt coins and the greatest alt season yet.
In this idea we look to eth/btc for evidence as to why we can expect further upside from alt coins in the future.
Although I do not look at this every day, the eth/btc chart is a beautiful...
Hello Crypto traders!
Today we will talk about ETHBTC cryptocurrency pair in which we see quite clear Elliott Wave pattern.
Well, ETHBTC turned down from the highs with five waves which suggest at least a temporary top, so we labeled it as a first leg A/1. Well, after recent three-wave a-b-c corrective rise in wave B/2 with nice resistance around 78,6% Fibonacci...
Why you should be interested in Bitcoin pairs. Simple. We are entering a new MARKET CYCLE.
The main focus ( currency ) in this new bull cycle is Bitcoin.
My main focus is to gain more Bitcoin.
Here is a reason why.
For example at some stage you have 1 ETH worth $1000.- . At the same time 1 BTC is $10.000.-
So, you have 0.1 BTC --> $1000.- /...
I charted this on 20 May and had not looked at it since.
What I wanted to know was should I be holding more BTC, or more ETH? What will grow more according to the charts regardless of my opinion of their fundamentals or adoption ?
If the charts are a representation of the psychology of the masses, then psychology tells us : the best prediction for future...
Why im in bearish about ETH/BTC,because BTC got strong ressist in 30-35k correction was long and if we hit double top in ETH/BTC wich is highly possible.In my opinion if ETH si going for correction or BTC rocket to the moon...that means we are entering bitcoin season/all altcoins going for correction!if you have any advice for me i will be glad to share with me.
Hello there traders and investors, or anyone else taking a gander! 😄👋
🌞 Today we will take a look at ETH and why I think we will soon be so bullish! (For this example we are using ETH/BTC pair..)
Let me start by saying that ETH is no joke. Many think it will surpass BTC eventually, this sounds kind of silly to a few, but it is anything but silly! 🤪🚫
ETHBTC is holding strong
I expect this pair to perform extremely well once the bulls return
The Ethereum ecosystem is just so more developed and fine tuned.
If I had money to invest in crypto and had to choose between the top two coins ( Bitcoin , Ether) I would choose Ethereum every single time
1.272 is a great extension point to strive for
Can't get better odds than this. If the pivot low holds there is an 80% probability of the price reverting back to the median line. Currently the target is +45% but the longer it takes the higher the target. A realistic target would be around 80%
The low is at the 0.618 fib
Pivot low need to hold
Entry: at current price 0.03077
Best entry at...