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ETH-BTC

ETH/BTC: ETH to the moon (No, seriously)Hello all once more, not saying I told you so or anything…. Sike! The bull flag play worked beautifully, and ETH is printing $$$. New All Time Highs seem to be happening every day, and this bull run is insane. However, you might ask, won’t there be a pullback? My answer to that question is a resounding no. In fact, the pullback already happened. For this analysis, Id like to take a look at data going all the way back to the beginning of covid. I’ve circled most major signals on the ETH/BTC ratio, and colored them accordingly. Additionally, I’ve marked out the times where the ratio flags, whether in the bull or bear direction, and chart patterns that I utilized. The Squeeze indicator is telling me that this is not a false breakout, for there are higher highs on the histogram. Additionally, the Supertrend has had the ratio as a buy since I initially called out the bull flag in early april. Not the mention the 4 BULL PATTERNS ON THE RATIO. Jeez, i mean one of these things still happens every couple of weeks, but still, come on now. I really don't know what else to say other than ETH to the moon, simply because no matter which way bitcoin goes ETH will continue to outperform BTC on a massive scale, quite possibly taking significant strides to close the market cap gap. Not only is the highest the ratio has been since the start of COVID, (early 2020), but it is in fact the highest its been in two and a half years. The ratio will continue to make multi yearly highs over the coming months and years, and don't tell me i didn't warn you all.
BITSTAMP:ETHUSDLong
by TheLobinator
Altcoin dominance clearly broke out. What's next?Big breakout both in USD and BTC terms after almost a 2 months consolidation period. Several larger coins have started doing pretty well once again, which will then have a direct impact on smaller ones. However until then on average BTC and ETH might crush the rest of the coins in terms of returns. So far the total market cap has gone up 140% vs BTC but coins have pumped on average 10-15x from bottom to top. However this next leg up will also be massive as we are moving in the 4th phase in my opinion and one where even more people from outside the space are pilling in... and where the supply/demand imbalance is massive. Currently the main issue for alts would be a Bitcoin ETF announcement or an 'attack' to 'unregulated' exchanges, but there aren't things I can predict now. All I see is tons of coins look good, Crypto outperforming everything and leading the way across all markets... So I can't see a reason why something would change right now. I don't see anything that tells me things are about to slow down, but the exact opposite. Again for now this holds both in BTC and USD terms. In my view the first 3 phases were pretty small and there was constant rotation among coins, themes, narratives, sectors and so on... but this time around I don't know what's next. Tons of things look great and if Ethereum does well, tokens on Ethereum that suffered for quite some time might be 'revived'. A 15% rally of ETHBTC is no joke, especially as it is back above all key MAs and Pivots. Essentially it is like the market has done a 5x vs BTC, with small caps coming closer to large caps, we could get another 5x. Alts came off the largest capitulation event ever, with the REAL Bitcoin Dominance hitting 77-78% and alts only rallied after Bitcoin hit 35k, which is quite big. Currently alts as a whole haven't even gone above their August 2020 peak, so they are still relatively cheap. In my opinion Bitcoin dominance could easily hit 40% in this quarter. So be ready!
FTX:DEFIPERPLong
by BitcoinMacro
2
ETH - Trend Following Setup Soon!Ethereum broke above 2500 ... WHAT NEXT? ETH is overall bullish trading inside our red channel so we will be looking for Trend-Following Buy setups as it approaches the lower red trendline. Moreover, the area 2450-2500 is a "Resistance turned into Support". So the highlighted purple circle with the blue arrow is a very strong area to look for buy setups as it is the intersection of support in blue and lower red trendline. As per my trading style: I will be waiting for it to approach the highlighted purple circle (area) to look for possible buy setups (like a double bottom, trendline break , and so on...) Knowing that Ethereum can still trade higher aggressively from here till the 3k. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
BITSTAMP:ETHUSDLong
by TheSignalyst
49
Elliott Wave Analysis: ETHBTC Is Finishing A Complex CorrectionHello traders! Today we will talk about ETHBTC cross cryptocurrency pair, which we see it finishing a complex W-X-Y correction from the lows and it can be approaching important 0.05x resistance area. ETHBTC is in the recovery mode since September 2019, but the price action is quite slow and the wave structure is overlapped which indicate for a corrective movement, ideally a complex W-X-Y pattern that can be nearing the end as we see it trading in final stages of wave (C)/Y, so be aware of limited gains and watch out for a potential reversal down soon. The main reason for a reversal down is strong 50 support level on BTC.Dominance chart, while ETHUSD can be finishing a five-wave cycle within extended wave 5. We believe that reversals may occur exactly when ETHUSD completes its 5th wave. And, if we consider that BTC.Dominance may step back in, then ETH and other ALTcoins may suffer more than BTC in second part of 2021, so carefully in upcoming days/weeks. "Sell In May And Go Away"? Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
Short
by ew-forecast
ETH/BTC Indicates ETH $4000-$7000I am not a financial adviser. This should not be taken as financial advise. Please consult a financial adviser before risking capital. Never invest with funds you can't afford to lose. It is likely Ethereum will outperform Bitcoin over the coming months with Coinbase finally working through their list of those waiting to stake their Ethereum for some APY. I would assume this would create a nice amount of relatively stronger demand for Ethereum as compared to Bitcoin. However, I don't expect Ethereum to run away with this and create All Time New Highs when priced in BTC. There are too many competitors to Ethereum stealing its energy and their critical scaling update is far from just around the corner. The high fees of the network are killing demand as can be seen with the noticeable dent The Graph took in their query growth numbers. Not just this but Pancake Swap is just one of many examples of competitors stealing the show. I would expect to see Ethereum get to 0.05 - 0.07 BTC by the mid summer months of July/August. With that said when converted to dollars I expect this to mean Ethereum will be between $4000-$7000.
Long
by Kingstevieb
A double bottom in trend strategy The double bottom while in a trend is a great strategy to have in your toolkit. The rules are as follows 1. We must be in a trend with consistent HH and HLs preferrably at least 2 of each. 2. A double bottom must occur and a red candle must not close below the wick of the previous low. 3. A new higher highs must not be formed in between lows. 4. The entry is a green candle after the previous low zone is tested. Stop loss is 1atr below the previous swing low. 5. Target is 1.1 and 1;4
by jaesik87
ETHEREUM / BITCOIN -W- CHART - 2021/22 Ethereum to FLIP BTC?!Ethereum bearish divergence happening on the indicators. But, one must be open minded to the possibilities here. If ETH blows thru .046BTC valuation it is going to the upper white supply line. Which is the .382 fib node (highlighted in purple here). Considering then, the ascending broadening wedge pattern it is in (white lined pattern), The upper supply line would be your first selling point. If...ETH keeps testing that white supply line and blows threw it, and confirms above it, a massive thing will take place...ETH is only 5 x USD marketcap valuation from BTC's marketcap. Confirming above this supply line would suggest an ATH BTC ETH evaluation and a marketcap nearly equal to BTC. 2017 had a BCH/BTC flippening scare...but this is 2021 and a new bull market. I cannot say, but if....a flippening could happen....it is reasonable then to understand this possibility. but mountains must be moved here for this to take place. BTC is the center of crypto, but ETH network flows more money than BTC every. single. day. It could be very plausible then....this could be the year ether. Happy trading. Be careful out there.
Long
by RU55IANROUL3TT3