If you trade Ethereum ( ETH/BTC ) on Binance and want to make more BTC even when the bears take over ETH, then this strategy is for you !
The goal as we do not use shorts or leverage, is to beat the Buy & Hold line ! ( see backtest below )
For this you can use my script Bands Pro Trader...
i see the opportunity to sell ETHBTC
it is dropping dead
BTC is relatively stronger than ETH anyway at this period of time
so combination of this
most likely hit this pair to the ground
I recommend to short sell this pair
If you like my analysis please help to like and follow
Thank you so much
Important to know.
Even if market growth it's not exactly that ETH will be strongest then BTC, but when market fall - best to short altcoins, they go down more then Bitcoin.
MAs looks bad, above the price.
Short by breakout.
Open zone : 0.3034 - 0.2962
Target : 0.2652
Description: When the last time you saw a nice 4.8 Risk/Reward ratio on Ethereum?
Timeframe You should enter this week. Use a stop so you can feel responsible.
Indicators used: r/Ethtrader tearjar full enough to summon FOMO.
Shout out to: The DAO hacker.
The Price is in a fine down channel but it has been rejected during the growing up with a triple head. then it is very possible to go about lower bound of the channel. TP#1 is somewhere about next support level. and SL is a little above
Hi everyone! Before we get started, take a second to hit the like and follow button to put this idea on the top spotlight and keep getting updates.
For those who have been following our updates and charts on Telegram, you remember that we've posted the same chart back in December 2018 pending the completion of the green IH&S. At this moment, the market seems to...
This is the sum of some alcoins vs BTC paired.
On this chart I just noticed that we recently hit almost lowest levels for ETHBTC, XMRBTC,LTCBTC,NEOBTC,EOSBTC,IOTBTC,XRPBTC,ETCBTC
Also I can see Wyckoff Accumulation and if this is valid in crypto we are at the bottom of this painful correction, so we might see a bull run soon and if correction is...
Altcoins already running.. looks like a major marketreversal is in the making.. This Fractal already printed 2 times.. Ethereum to 0,6 BTC until mid August..?! 1600% is possible imo , if this is the market turnaround..
If you are a fan of collecting coins and increasing their numbers in your pocket, this market overview is for you.
The main thing we have to note now, the market was bearish and Bitcoin was stronger than Ethereum. But when the price broke SMA100 which acts as the main trend line, a trend reversal was confirmed. After that, the market moved sideways forming a...
Currently down some 88% off it’s all time high, ETH is trading around $164. Since December 2018 lows, price action has consolidated into an ascending triangle, with price currently trading above the triangle. Which is typically bullish. Formations such as ascending triangles tend to retest for a pre-flight check.
But what’s currently peaking our interest...
While the price is above the support 0.02735, beginning of uptrend is expected.
We make sure when the resistance at 0.04175 breaks.
If the support at 0.02735 is broken, the short-term forecast -beginning of uptrend- will be invalid.
The RSI uptrend #1 is broken, so the probability of beginning of uptrend is decreased.
Has broken out of an ascending triangle/bullish pennant, and is currently retesting the formation to establish support.
ETHBTC is looking more interesting,
I published a video about the incoming possibility of a BTC pullback and ETH hedge.
Upon ETHBTC, symmetrical triangle breakout our targets are: