I want there to be an altseason, I want a ton of alts to fly to the moon and have a crazy fun time. ETH/BTC has broken under a trendline from 2019, never even managed to make it back to it's 2017 highs in the previous cycle. I don't understand how someone can look at this and not worry for the future of alts tbh
This is now the general direction of the Bitcoin Ether chart, and when it reaches the shaded area below, it will head again to test the historical top in the shaded area above. Note: This is a weekly chart, which means it will take some time to fall to the shaded area below, and the average time to rise again to test the shaded area above. If this chart and dozens...
hase A: Phase A in a distribution TR marks the stopping of the prior uptrend. Up to this point, demand has been dominant and the first significant evidence of supply entering the market is provided by preliminary supply (PSY) and the buying climax (BC). These events are usually followed by an automatic reaction (AR) and a secondary test (ST) of the BC, often upon...
I'm bullish on ETHBTC for the next 2 months. ETH spot ETF narrative. The Bitcoin spot ETF was a "Buy the News" event; maybe the ETH Spot ETF will also be a "Buy the News" event. I like 0.075 ETHBTC. Sell if the ETJ flipping narrative comes into play.
ETHBTC is at a critical point imo. Looking for a strong bounce around here. Remember, real fun begins when ETH starts to lead.
BINANCE:ETHUSDT COINBASE:ETHUSD Ethereum can start an upward scenario on the eve of its update. The condition for the occurrence of this bullish scenario is the stabilization of the price in the yellow range. after that, the bullish scenario can continue up to the level of 0.06 and after stabilizing above specified level, it can go up to the channel. ...
we will see higher price as soon as possible and the best decision to trade is right now on power full weekly trend line.
ETHBTC - 14th March 2024 Ichimoku Weekly Chart Welcome Pirates! We have just got a TK Cross on the weekly ETHBTC Ichimoku. Fisher is heading North. Sqz Momentum green but waning. IFish curling down VZO PZO has bottomed out. Moneyflow is at the zero line and heading south. So I dare say there will be a little more downside, but we should see this bad boy...
The ETH/BTC price is following a very structured path. It bottoms before the bitcoin halving and then goes on a bull run. It's also formed a triangle which could now be tested on the downside. If it bounces it could lead to a very strong rally. The monthly stoch RSI is also in a bottoming formation.
I dunno. seems like a long ass accumulation.. what for? a mega pump? not before some serious pain and fud imo
We'll have altbtc bottom here. altusd will maybe drop 10-20% while btc stays still. or altusd stays still while btc gains 10%
I've been talking about possible macro bullishness of ETHBTC for some time. My confidence has increased since then. I think this chart is about to prove its bullishness. So here is the idea with better graphics now. How is this going to interact with ETHUSD? Honestly, I can't provide a great theory since the dollar pair is just "number go up" atm. Is a...
A local uptrend is replacing a long downward trend for the Ethereum/ Bitcoin chart.
There are two possibilities for the direction of Ethereum against Bitcoin. The first is that it is an ascending five-point wave from a larger ascending five-point wave, or that it is a fourth ascending corrective wave from a larger bearish wave. BINANCE:ETHBTC
There are many new developments in the Ethereum ecosystem, but to summarize, EIP-4337, EIP-4844, L2 layers are expanding and increasing in number, leading many L1 networks to pivot to L2 Ethereum chains.
This study shows the Ethereum market against Bitcoin in terms of Elliott waves on a grid of Fibonacci trend lines generated from major price points of the market. This highlights the distinctive triangular structure of trading for several years after the initial impulse of Ether to a Cycle high price. Ever since printing the initial Cycle wave I, it has traded...
It looks like the body of candles broke and closed the last level. Also, it looks like the next entry point for a buy for both ETHBTC would be where the impulse cleared liq. which lines up perfectly with the beginning of 2024. We'll see if its a bullish year for crypto. BUT it could also buy up hard and then dump hard to continue the bearish cycle.
Note the RSI breakout and retest. Will this give Eth a shot at the upper range of the channel? Real question is will it break up or fail at the upper range? We’ll let the fans decide. Good luck to all