It is expected to drop to the specified areas after breaking the downtrend
This might be an UNPOPULAR opinion... But I think holding $ETH is crazy right now. I'm building a big short position on ETH vs BTC chart. Let's retest the demand zone & blue trend line, this will make me a buyer of $ETH for the longer term. #ETHBTC
The ETHBTC pair has been trading within the 5-month Higher Lows Zone for the past 5 days, tight also within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). All this while it remains bearish below the Lower Highs trend-line that started on the September 07 High. The 1D RSI is rebounding off its 3-month Support Zone, so technically we should see a...
You can prise BTC as much as you want, it does rule the whole crypto market (today), but right now, at this particular BTC/ETH ratio, there is simply no room left for Ethereum to fall any further! It is at the all-time bottom now! If it does, it basically means that the general public states "f..ck blockchain technology altogether"! This cannot possibly be the...
ETHBTC is forming a very bearish pattern. A 0.786-0.886 retracement is likely if the red trendline is broken. After a pullback, such a bearish movement could trigger another bearish pattern, 5-0. Merely a theoretical possibility, but this is one of what the holders should be prepared for.
Any idea you come upon must be tested in demo because doing so allows you to see how it can be applied in real time and safely. Example. Only trade if price passes 50 ema. How do you go about it? 1. Limit order before price passes ema 2. Market order as you visually see it happen 3. Stop order when price before ema and putting the stop on the side passing...
Interesting price action on the ethereum/bitcoin pair. not a prediction, could go either way. However, I tend to like the upside xD
A 4 year long formed cup and handle handle pattern on the ETH/BTC pair. Expecting a leg up.
Overall more bearish signals over 2 timeframes suggest a drop so the 1D target is set at the next major support. The indicators show that the price has consolidated and is slightly below the middle of the Cosmic Gravity channel - for this reason the stop is set only slightly above the basis line.
Hello Traders I hope you are well and safe. Today am Discuss #ETH/BTC For a Long. Here is a Full Analysis of #ETH/BTC When the price Touch Order Block then a Nice opportunity for Long. If you have any queries then leave a comment. Thank you Traders For your Support Like and Follow.
Is this horizontal acting as a resistance for ETHBTC? Will we see a new ATH for the pair? This could be a top formation, or it could be a large flag structure leading to continuation of the bull run. But don't get hopes up. Because there's always the other option. Bull has been strong for ETH for awhile, I foresee BTC carrying ETH up during its bull run, with...
The ETHBTC pair on a 1W basis has been trading sideways this past month. The 1W MA50 (blue) is supporting. With also have another two rising Support levels, the Higher Lows trend-line A (started on Dec 26th 2016) and the Higher Lows trend-line B (started on December 23rd 2019). The Resistance Zone since May 10th 2021 is holding and only if this level breaks, can...
Nice fibs, reverse head and shoulders, good drawn levels (by me) and possible retest on the downtrend.
#ETHEREUM has put in the work #Vitalik is the best value creator in the #crypto industry bar possibly CZ of #BINANCE 0.21 #BTC per Ethereum at Bitcoin's old high of 69k = approx $15,000 Bitcoin to drive past these old high's really puts Ethereum into the stratosphere. @TheCryptoSniper @TheMarketSniper