rounding top, trendline invalidation, fail, lost horizontal support. Difficult to detect a possible target. Perhaps zero.
Should we be concerned? The 60 EMA is approaching a cross with the 200 EMA on the weekly chart for #ETHBTC. If it breaks below the 200 EMA, ETHBTC may experience a drop of approximately 25%
hey ! market is becoming bloody boring for most of the traders and without reaching ETH/BTC pair to 0.42 area beginning of alt season is less likely, i excpect a little more correction of price to 0.42 that is weekly support and after hugging it price will starting to rise ETH AND ALTS will make a stronger bull run that we never had before and new ATH for ETH...
Charts always tell a story. Not familiar with the fundamentals of ethereum at this moment but expecting another %30 correction from here before i long eth/btc.
I think it's time for the altcoin market to start moving with the market leader
It seems that ETHBTC has lost a static support and a dynamic support and reached 0.04664 from 0.08592 in 5 waves Elliott. I expect an upward corrective ABC patern to 0.05779 (equivalent to a pullback to the lost dynamic trend line) and continue the correction. On the other hand, from the point of view of NDS, all the movement in the weekly time could be the...
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
Major Wyckoff horizontals identified. If the inverse head and shoulders finishes painting this is an easy long.
If my view is right, the altcoins shall do the best performance in their history.
Hello, friends! 😊Today we're looking at the Ethereum to Bitcoin chart! As everyone knows, the Ethereum to Bitcoin price indicates how many Bitcoin units are needed to buy one unit of Ethereum. That's an important metric for traders and investors as it reflects the relative strength or weakness of Ethereum compared to Bitcoin in the market. 👀Keeping an eye on...
ethbtc has been in the never ending channel of pain since Oct '22, but we think that's finally coming to an end. successful retest and reclaim of the April '22 low (pink box). eth looks great here, which likely signals the real start of alt season.
I expect the price of altcoins to make a downward movement in order to stabilize the price in sync with Bitcoin, and in my opinion, there will be no alt season this year.
I'll try and be as brief as possible in this one. I believe this to be a pivotal month for ETHBTC. Either we see a full-fledged no-excuses breakdown confirmed with a weekly close below the last wick on said timeframe, or I will continue to think that a macro low is being formed here. There is everything you want to see here if you're going to take a bullish...
With a huge divergence on the ETHBTC pair, some Alts gaining force, and the convergence with a old supply zone for Alts, I can see a HUGE alt season in the making.
BINANCE:ETHBTC war manipulation whatever you want to call it.When everybody run you have to dive.
Posted for a Commentor Agree btc is looking dominate
Ethereum dominance showed strength a few hours ago. This is a great sign for large cap altcoins as well as Ethereum. There is only a little time left when he will show his strength. It is important to be ready when the impulse comes. At some point, ethereum should jump by at least 50 to 100 percent. Also Btc.D dominance will show the peak of bitcoin and then the...