In the “Alt-coin market preparing for a 10x move” idea (below) it was written: “A word of warning. The uptrend will not be equal across all alt-tokens” MATIC, ALGO, LTC to name a few.. as expected not all legacy projects are enjoying the multiple x gains so many in the space have seen. Ethereum has currently printed a 78% return on the dollar pair since the...
looks dumpy, a good time to leave markets until back at IFVG levels for a higher low.
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.
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...
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%
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...
Posted for a Commentor Agree btc is looking dominate
I think it's time for the altcoin market to start moving with the market leader
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 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
rounding top, trendline invalidation, fail, lost horizontal support. Difficult to detect a possible target. Perhaps zero.
I expect to fall and reach the specified target. If the specified level is missed, there will be more fall
A QM pattern can be seen in the chart. It can provide conditions for climbing
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.
If my view is right, the altcoins shall do the best performance in their history.