ETH-BTC
CIVIC: another $ETH coin soaking middle of its range Price has clearly absorbed the volatility from the last week and a half, we're no longer seeing 20-30% down days like we were last week. Price is stabilizing, bids are stepping in and price is being soaked. My guess is whatever catalyst sends #bitcoin back to 60k will also help with these alt coins and getting them more popularity from investors and the overall market.
ONLY RISK CAPITAL YOU CAN AFFORD TO LOSE!
Bear Case Confirmed: Ethereum/Bitcoin SpreadAs I warned yesterday, the intraday Ethereum/Bitcoin spread is an important risk on / risk off barometer to watch for the crypto market and it failed to hold a critical level. We are saturday morning and we have just seen a huge volume spike with a drop, making this a 5 waves down from May 26th top. It's possible the spread deteriorate along with a second crash on the way. This is a long week end and it's easier to manipulate this market while alot of people are celebrating memorial day. I placed a support where I think we are headed in the short-term. Let's see how it plays out.
#ETH ETHEREUM main PIVOT point, make or break ! Neutral positionMoment of truth for ETH, EMAs regression completed over main pivot point, tomorrow is make or break! Eth still bull, bounced perfectly over 200ema and 100 ema, now bulls are trying to switch the momentum up for a next bull run or at least a good consolidation phase. Technicals looks promising but any bad news can break it for good.
Chances are 70% up and 30% down imho
Anyway ETH looks better to BTC if u really need to go long on something.
The intraday spread of ETH/BTC is worrisomeThe first thing I wanted to take a look at when I paid my PRO+ subscription was the intraday spread between Ethereum and Bitcoin. It can be seen as a risk on / risk off crypto indicator. The count from the top seems clear to me: 5 waves down followed by 3 waves up. The resistance at 0.0735 is extremely important. During the bull market, it served as a support several times and during the downtrend it acted as a resistance twice. If we really have 5 waves down, it could be possible that the 3 waves up counter rally we have seen from May 23rd to May 26th is over. I know it may sound crazy but that could be it if we are in a bear market... Maybe there's no more juice and this was just a huge dead cat bounce.
ETH - 80% Accurate Predictions: CheckMate BearsPlease look at my previous posts. While I am not a correct every time, I have almost always (80% at least) made calls on Ethereum that came true.
I believe we have just formed an inverse head and shoulders for ethereum, the bull market IS NOT OVER, and the next serious resistance is at 3,600.
I predict that we are over $3000 by no later than June 1st or I will delete my account.
nOt fiNanCiaL aDviCe
Bears are NGMI - google that acronym.
Back from the Dead
This is looks promising - we printed a doji today.
So looks like we have stopped the drop.
Monthly VWAP is at about 3400 - given how fast this dropped it could recover quickly to the 3400 range and grind higher from there - looking the profile 3400 puts us to the end of value - which would make sense if we moved higher grind there slowly.
Elon Musk has talked to the miners about energy usage and sustainability so everything is ok again?! I'm sure he's making more on Crypto than Teslas.
All in my opinion.
ETHBTC a new bitcoin dip is readyMy Marketmiracle advisor generated an input signal on ETHBTC yesterday
I have been monitoring the graph of BTCUSD and ETHBTC for hours and it seems that a new jump in the void of the BTC is ready, and obviously as a result of this Ethereum will open up to him
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
Bitcoin schematic formationWatching the recent BTC moves, we have overlaid both Wyckoff & Elliott to highlight the current situation.
Talking our community through the process - we thought this was interesting and worth sharing here. The example using Bitcoin has been near enough textbook to here.
There are several crosses of interest currently using SPX, DJI & Gold, but the Grayscale pattern clearly shows a bias. Watching closely.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
BITCOIN Oversold - a pullback is possible - Check it out guys!Dear traders,
Here is a quick update for Bitcoin.
We may possibly see a rebound here. We are looking at this 4 hour chart of Bitcoin BTC and the formation of a falling wedge.
This trade is not without risk but Bitcoin is now very oversold and we have a very nice positive divergence!
The decline is heavy and fast. Stops are hit and traders liquidated. Watch the volume spikes it marks often the end of the decline for a while.
Mid term Bitcoin is still very bearish! See my other analysis but rebounds happen , yes we go up and down in waves.
Traders, always use stops and money management!
Trade safe guy's! I Wish you all good profits!
This is my personal view on Bitcoin and no advice to trade Bitcoin! Do always your own research and of course place your stops en do not risk more than 1 % on each trade!
If you like my work than it motivates me if you follow me for regular updates and give me a thump up/ like. Thanks guy's!
Silver lining to bear period Now the good news is it could be viewed as such, in which case this is a nice support for an accumulation period. Adding currencies in little nibbles rather than big chucks and dollar cost average down to find the bottom.
This is of course because long term I believe the market will recovery. Just like the stock market, there’s only 1 ultimate data point. It always recovers and sets new ATH. Until that’s no longer the case, I’ll accumulate.
WE DID THIS ALSO WITH DOGE AT 0,04 AND NOW ON IOTX TO THE MOON!Hello trading friends,
We did the same as we did with doge here below at 0,04
# the same update are now on IOTX, and doge did shows before same signals with whale DCA effect, as IOTX shows now
its only about time before IOTX increase with 100% + to the moon with 0,10+ Target.
As always we have to say it more times, and this not for no reason. time will learn why we did update about iotx. know that also in breakdown trend of bitcoin this sleeping giant can moon.
ETH will perform better than BTC While there is no certainty as to how the current decline of bitcoin will affect the price trend of altcoin there is almost certain : ETH will grow more than the BTC in the coming days.
The signal was given by my advisor Marketmiracle but it is clear to everyone that in recent weeks the trend of ETH has been almost unstoppable while on the BTC we had to witness sudden drops and moments of uncertainty.
Analyzing the graph what the advisor Markemiracle is suggesting is really possible and I tried to draw by hand on the graph what in my opinion could be the trend of prices in the next few hours.
You can see for free all the realtime signals generated by the Marketmiracle advisor at marketmiracleadvisor.com is a free service and no registration is required.