Who will be the winner in the long term? The $USD? Gold? Bitcoin? Etherium? I see a trend forming. June was a strange month for cryptocurrency. Equity prices were volatile, but making huge gains, while the price of both etherium, bitcoin, and gold traded sideways. Then since late July BTC/USD surges 27%. Values of ETH/USD are reaching particularly high levels...
Horzontal structure with a double bottom and double top can be seen on TOTAL2 and on ETH-BTC I feel there will be more downsides for alts As a return to the Gann line is necessary ETH-BTC does look bullish after this small correction though.
ETH following long term channel, 3rd season will be massive. Public money.. What will happen to BTC if eth is worth .5 per btc?... Or what will happen to ETH?.... Huge..
Bitcoin and the alts have really taken off in the beginning of 2020. ETH/BTC just out in a double bottom, broke a huge downward trend, and I’m leaning toward the start of a new alt season. Bitcoin has gained significant dominance back relative to the rest of the Crypto market cap. This pair is a helpful indication that BTC’s demanded may be flipping. First...
#Eth Dear friends, I am glad to welcome everyone! So, earlier in my analysis, I already said that altcoins look pretty good today, and broadcasting is no exception. The coin broke through the upper line of the descending wedge , fixed for ma100, where the growth was delayed by the median of the ascending channel and 0.5fib. I expect the resumption of the upward...
0.67 Regression trend, possible bounce.
This is linked to my original idea but did not act. So this is my plan of action. I am still currently in a short trade, Spot long. What changed my bias was the daily close above the 21 EMA, bounce off the top ranged of my long term support from my previous Idea(around 0.016 ish) My main concern is no volume but I feel like everyone thinks alt season is dead...
#GOLDSTAR in our indicator #ETH passed first target " orange " in next move to up can touch second target " red line " fallow us
ETH n'a pas fais de nouveau bottom par rapport à BTC pendant le crack de cette année , vas t il le faire? ou ETH va casser son canal descendant par le haut pour continuer ce début de d'ascending wedge et nous mener vers les fibo 23 et 38? Noter que Stock RSI en survente
ETH/BTC Harmonic Bullish Bat on the weekly
Running this idea to test an observation. If this is right, an ETHBTC trend reversal is stirring up, might be aligned with bullish rumours on ETH futures and the block reward reduction from 3 to 2 ETH. Target for the falling wedge should be the level at the end of the arrow. Let's see if it does the thing.
As many have already noticed, Ethereum has been rapidly loosing ground to Bitcoin. It's likely Ethereum suffered an over-inflation and is returning to more stable ground. I expect we will see an ETH/BTC ratio of 0.050 in the near future. With the overall downward trend of the crypto market, Ethereum has not been fairing well and has been descending much more...
HI ALL, hope everyone had a fabulous profits on trading alts against eth, thats is one reason which is driving down ETH price, the price from the alts are in profit taking process , hence the price of eth is going down. moreover the chart above is so clear even a nowise can analyse that ETH is to shorted right now.
For anyone interested in Ichimoku setups, here you go... With a thick cloud acting as strong resistance, price will have to break through to become bullish on the daily according to Ichimoku rules. Traders could look for a short at the bounce off the cloud. There are 2 stop options depending on ones risk appetite. If Chichou (yellow circle on left) can break...
We have been discussing cryptocurrencies frequently as of late due to Bitcoin's trend reversal from up to down. Ethereum is also trading within a falling channel . But this cryptos can rise in the long term.