ETH remains dominant over BTC. There is some see-sawing from day to day but overall ETH is still making progress over BTC. What will happen to the end of this correction I don't know, but if I had to guess I would say that L1 blockchains and DEFI will explode.
No change here with ETH still outperforming BTC. Price has reached the center line of the larger consolidation triangle which has previously shown reason for pause or retracement. If BTC was to fall through support here we might see ETH fall harder and BTC regain some dominance.
We have huge reason to believe ETHBTC is getting ready for massive reversal with immediate target focusing on a test on 0.124BTC level.
This move is also supported with our ETH dominance view which is also look very bullish.
From the current price I will begin to accumulate ethereum.
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ETH Broke out of the channel and is currently retesting the resistance turned support.
I expect two scenarios here.
Either we start pumping from here or...
A lot of people are asking about altcoins.
In the cryptocurrency market, the main driver of all altcoins is Ethereum. So in this idea, we will analyze the global and local situation of Ethereum to Bitcoin.
Looking at the higher timeframes, Ethereum has been squeezed near the trend line for quite some time. This is good because after the accumulation there is a...
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We have higher lows here since June.
Today prices break above EMA10 with a volume breakout also.
The MACD is now crossing bullish while the RSI trends upwards.
This pair is bullish above the last low around 0.5900.
This is a good pair but risky compared to our other choices.
A Trading Signal is seen in the ETHBTC Ethereum / Bitcoin
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.0595
⭕️SL: Close below 0.0570
🔵TP1 @ 0.0680
🔵TP2 @ 0.0765
🔵TP3 @ 0.0985
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Looking at the 50-day linear regression channel on the ETH/BTC dailies, there is a clear downtrend.
Although price had a break-out of this channel to the upside, we still see lower highs.
While we're seeing lower highs on the price chart, we also see higher highs on the commodity channel index.
These are clear signs of a hidden divergence. A hidden divergence is...
There are two key steps to creating alerts:
1. Find Important Price Levels
Do your research. Find a price level that looks important and wait. Patience is everything. You have the tools available to you to research and follow markets. Whether it's a simple trend line , moving average or a custom Pine Script, use the tools to make better decisions. Find the...