As you can see from the graph ETH is in a great short term position vs BTC.
Here are the reasons:
- we have a clear pattern nicely connected to ETH SHORTS
- Stoch already crossed on the upside
- WT indicator crosses now
- CCI is oversold
- RSI also in oversold territory
Seems like better players will play a similar scenario again.
First goes BTC and when...
As we all know Bitcoin is deciding where the market will go!
Etherium, as the majority of the other coins, follows the market that is set by BTC.
How can we take advantage of that!?
As you can see, it is possible to buy cheaper and sell more expensive if you are in the right place at the right time.
Here is the interesting logic though.
"It is more important to...
New Thesis on ETHBTC
Points to consider,
- Potential Inverse head and shoulders playing out on the 1hr time frame
- 12 EMA riding as support in to strong resistance, this needs to break for the head and shoulders pattern to be confirmed
- RSI on uptrend with strong support
- Volume declining on right shoulder
- VPVR showing low volume of...
New Thesis on ETHBTC,
Points to consider,
- Major support broken,
- Lower lows market structure
- RSI neutral
- Fib extension target met
- VPVR volume transacted extremely low in this area
- Volume climax candles present on 4hr time frame
- Stoch still on down wards momentum
ETH needs to rebound where it is able to retest resistance,...
Hello dear ETH traders, but esp. HODLers!
As we had analyzed a few weeks ago, since the crucial break of the 0.025 BTC bottom, ETH is getting completely crushed towards grandpa Bitcoin in the direct correlation.
This is true for all Alts currently, as the market is heading towards BTC dominance, despite ETH's major role for all ICOs. So we could at any time...
The weekly chart is coming to an end and it is going to be the lowest weekly close since March of 2017 and that is incredibly bearish.
We are breaking down the Multi Year Support. That range 0.024-0.026 has been a very impressive support since Dec. 2017.
If nothing extraordinary happens, the next action will be very painful for ETH holders.
If you like the...
huge market cycle fractical? looks scary the same... and I know this is hopium but dang it would be nice. I'm largely invested in low cap alts in the security token sector, primed for a break out(huge accumulation) been holding against Eth for a long time. If this eth/btc chart plays out like 2017 (or even less than) and the alts do what I think they are going to...
Eth/btc pairing has getting hammered and has lost almost 90% of value since ATH. Looking at higher time frames I caught that the RSI is nearing 40. In bull markets usually 40 should be the bottom. I think there will be a bounce sometime this month. Also, keep in mind RSI may go lower than 40 this month but the close just needs to stay above a 40 RSI. There has...
You do not like taking a big risk? Then you are right at Ethereum. Ethereum is one of the older and more trusted altcoins in the crypto market.
Huge profits can not be expected with ETH. Nevertheless, you are performing better with Ether over the long term than with Bitcoin.
In the next weeks I expect a new ATH (all-time-high) at ETH/BTC. Even if the coin should...