This could possibly be my best trade of 2024. Activation above 0.061 Chart is self explanatory.
There are signs of the end of the bullish trend in the Bitcoin Dominance Index We convert a lot of bitcoins to some altcoins We bought Ethereum ETHUSDT on the low - but the possibility of Ethereum becoming more bullish than Bitcoin is increasing What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI,...
ETH/BTC pair forms a typical Accumulation schematic, following Wyckoff method. In my analysis, it seems that ETH/BTC has likely reached its lowest point as the Spring event in phase C nears completion, paving the way for phase D and a potential acceleration to the upside. The primary obstacle seems to be the local trendline, but this shouldn't pose a significant...
(Monthly chart) ETHBTC may have significative upside, up to 0.08+. It may break up or grab more some more liquidity around the 0.05 mark (lower bound of BB). Either way, i see more upside than downside. Two possibile Long entry points: on confirmed resistance breakout and/or on weakness through scattered orders in green support area. Keep in mind this is a...
Looks like ETH is finally ready to breakout against BITCOIN. A 4 year long ascending triangle breakout is gonna melt faces when the breakout finally happens. With a lot of factors helping the ETH narrative for the next coming months, a breakout is inevitable and it is gonna be a huge move. Highly bullish on ETH and all the L2'S of ETH.
ETHBTC appears to be forming an ascending triangle pattern, traditionally seen as a bullish signal. We anticipate the price will ascend from the rising lower trendline, which has been providing robust support, towards the flat upper trendline, maintaining the rhythm of the pattern. We've marked several key levels to monitor on the chart. Our current assessment...
These are levels to pay attention in case ETH/BTC decides to make a move
Dear my friends, With the data I have from 2021. Only once did BTC price outperform ETH by 20 times. Then ETH regained its dominance. And BTC is only 11 times more than ETH. Now, we again see BTC being 20x more than ETH. Indicators and resistance also indicate that history will repeat itself again. I expect this, and we will have a mini altcoin in Q1. Then BTC...
Ethereum has been outshining Bitcoin recently, just as we anticipated. A significant breakout is looming on the Ethereum-Bitcoin chart, heralding what might be the beginning of Ethereum's rapid ascent, outpacing Bitcoin in the days, weeks, and even months ahead. Following the Bitcoin ETF approval, analysts like James Safart from Bloomberg are now evaluating the...
time & price seem to be fairly congruent. just throwing it out there.
Keep it simple Attention and money will go to alts in coming months
K4 break up K2 and the downtrend line under increased volume, If the following candles keep the strong momentum and break up 0.056, Or the following candles stand upon K3 and the downtrend line, I will exchange more BTC to ETH. And the stop loss set at the lower price of K2 or K3.
ETH/BTC flaunting a potential bottom ETH/BTC bounces from the bottom of our box and is attempting to reclaim the 200 week SMA at present, also challenges diagonal overhead resistance. This is a serious congestion zone & one has to wonder...are the lows in? A move above 0.065 would leave us with all three supports (200, long term diagonal and box base. PUKA
We have the ETHBTC buy signal. We have some upside for ETH both in USD and BTC valuations over the next few weeks. Holding ETH will pay off. This is consistent with the past movements of ETH prior to the BTC halvings. We also have the macro potential ETH ETF event. Strong confluence of bullish events. I put my ETHBTC levels and projections on the chart.
Ethereum vs Bitcoin has entered a yearly scale buy zone for a while now, there is also a quarterly range expansion bar buy zone to enter longs on retrace that is active around these parts... These levels give actionable support areas to consider for potential reversals of the trend, together with low volume gaps in the volume distribution for the uptrend leg...
What do you think happens when ETHBTC breaks the downtrend? Just a joke? I doubt it.
ETH/BTC indicates a 7-year-long compression in value. Considering that ETH/BTC has recently held many supports, it could easily outperform BTC in the medium-term future — an outperformance of +40% or more, if it reaches a value near the peaks of 2021 and 2022. But if it were to break this long-term resistance, it could reach or surpass the all-time high.
Bitcoin and Ethereum are gearing up for a moon mission, with Ethereum playing the captain and outperforming everything else in the cosmic race. The game has changed big time for these two digital astronauts: Bitcoin's got its fancy ETF spacesuit on, and Ethereum's about to suit up in one too. Cryptocurrency is turning into the ultimate inflation-fighting...