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Volatility Period: Around December 24thHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT chart) ETH is one of the representative coins that forms an independent ecosystem between BTC and altcoins. However, since most altcoins are derived from ETH, I believe that the rise of ETH is likely to lead to a rise in altcoins. (ETHBTC chart) Accordingly, the key is whether the ETHBTC chart can turn into an upward trend. Therefore, we need to check whether it can be supported and rise in the 0.05320-0.8562 box section of the 1M chart. (ETHUSDT 1W chart) The key is whether the price can be maintained around 2159.0 and rise above 2419.83. If not and it falls, you should check if it is supported around 1879.61-1982.28. (1D chart) 1st: 2104.60-2159.0 2nd: 1879.61-1923.03 If it falls, you need to check whether it is supported near the first and second levels above. If it shows signs of support, I think it is time to buy more. If it rises, the 2544.99-2686.94 area is expected to be the first resistance area. If it rises above this range, it is expected to show a rapid upward trend. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
2
Is it finally ETH season? Ladies and Gents, we may be entering ETH season. Finally! Finally we get some action on this ETH/BTC chart. I've been waiting for a breakout, either to the downside below 0.05 or above the descending triangle we've formed over the past 7 weeks. ETH has a pretty clear path to get the upper descending trendline which would be 11% outperformance against BTC. Then it'll be a battle for whether it truly is ETH season. Short-term forecast: bullish on ETH/BTC Longer-term: will re-evaluate and update this post in the coming weeks. Let me know what y'all think. Is this ETH season? - Sultan of Chart
Long
by Sultan_of_Chart
1
#ETHBTC - #Wyckoff & #Volume & #Divergences & #Sentiment#ETHBTC The Broadening Wedge has a track record of being one of the most brutal patterns for emotional Traders to navigate, but if we peel back the layers to see what's happening of actual importance, that's when things start to get really interesting, IMO. This is very possibly a textbook Wyckoff bottom. It's presenting all the signs of what we want to see plus #ETHBTC has a history of combining extremely low sentiment with ruthless patterns. But once again just focus beyond the noise of PA and we can see what is volume or lack thereof in all the right places, paired with stacked divergences. Nothing is 100% certain in this place, but based on probabilities gauged over history and the rest of the story, I know what I'm doing...
Long
by ANobleNerd
📊#ETH/BTC may rise through a double bottom long structure📈🧠The larger the ETH/BTC exchange rate is, the trend of ETH will gradually become stronger, otherwise it will be weaker than BTC. ✔️At present, we have formed a double-bottom long structure after breaking the inflection point at the bottom of the exchange rate, which means that ETH will continue to strengthen.🚀🌕 ➡️Here you can convert part or all of the spot into ETH to hold and wait.☕️ ⚠️Note that if we break below the bull defense, it means that the bull structure is broken, which means that we still need to adjust. If the last bull defense point is also broken, then the subsequent ETH will always be weaker than BTC. Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
ETHBTC: Support Zone holding for 7 weeks straight. Rebound closeETHBTC has completed seven straight weeks of trading at least for some days inside the S1 Zone, a supporting range that holds since May 2021. The 1W timeframe might be bearish (RSI = 35.095) but the 1D technical outlook is neutral (RSI = 46.177, MACD = 0.000, ADX = 25.760) and this reveals accumulation bias inside the S1 Zone. The 1W MACD is close to a Bullish Cross. We are taking this as an early buy signal and target and LH trendline (TP = 0.05900). Once the price closes a 1W candle over the 1W MA50, the upper Fibonacci levels should start getting filled one by one and eventually hit 0.08500 as the new Bull Cycle fully unfolds. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
1
The key is whether it can rise above 2419.83Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT chart) I believe that ETH is leading the market while BTC's movement has slowed. The uptrend led by ETH is short-lived. Therefore, it is important whether BTC can take the lead again and continue its movement in the future. (1W chart) If the price maintains by rising above 2419.83, I think there is a high possibility that it will lead to a sharp upward trend around 3119.67. (1D chart) Accordingly, the key is whether it can receive support in the 2325.60-2419.83 section and rise to the 2544.99-2686.94 section. If that happens, it is expected that a rapid upward trend will begin by breaking through 2686.94. The next period of volatility is expected to be around December 24th. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
ETH is bullish (3D TF)First of all, know that the time form is 3 days and takes time. Ethereum is forming a large diametric that has now started the bullish fork E. Ethereum bearish scenarios are cancelled! By examining the chart of Ethereum, we can see that we are inside a complex diametric. The green area is the right place to enter buy/long positions. The range that Ethereum is targeting is the red box! Not sharp but will hit it with swing For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
1
🚀 Ethereum: Breaking the Triangle! Next Stop - $1600 ??Ethereum (ETH) is currently carving its path within a significant ascending triangle, a pattern that often signals powerful price movements. However, recent developments suggest a breakthrough, warranting a closer look at the potential implications for traders and investors. Chart Analysis: Breaking Boundaries Ascending Triangle Overview: ETH's journey has been marked by an impressive ascending triangle, indicative of a bullish trend. Triangles often precede substantial price movements, and ETH's recent actions are proving this pattern's significance. Boundary Breakthrough: Recent price action shows a decisive breakout above the upper boundary of the ascending triangle. The breach is a notable event and potentially indicates a shift in market sentiment. Key Observations: Unleashing Potential Moves Retesting $1600: With the breakout, attention turns to a possible retest of the $1600 level, a key support-turned-resistance zone. Successful retests often validate the strength of the breakout. Altseason Signals: ETH/BTC Dynamics: Genuine altseason signals may emerge when ETH performs a shakeout beneath a critical level on the ETH/BTC chart. This dynamic is essential for assessing Ethereum's strength against Bitcoin, a pivotal metric for the broader altcoin market. Strategic Implications: Preparing for Opportunities Trader's Focus: $1600 Retest: Traders keen on ETH should closely monitor the $1600 level for potential entry or exit points. A successful retest may open doors for further upward movements. Altseason Precondition: ETH/BTC Shakeout: Recognizing that true altseason vigor often aligns with Ethereum's strength against Bitcoin, traders should keep a keen eye on the ETH/BTC chart. A shakeout below a key level on this chart could signal the beginning of a broader altcoin rally. Trading Strategy: Navigating Ethereum's Evolution Risk Management: As Ethereum undergoes these transformative phases, risk management remains paramount. Adjusting positions in response to key levels and market dynamics helps mitigate risks. Long-Term Investment Consideration: For long-term investors, understanding the broader market sentiment and the evolving narrative around Ethereum is crucial. A breakout and successful retest may reinforce long-term bullish perspectives. Conclusion: Ethereum's Next Chapter Unfolds As Ethereum breaks free from its ascending triangle, the cryptocurrency market anticipates its next moves. A potential retest at $1600 beckons, presenting both opportunities and challenges. Moreover, the closely watched ETH/BTC chart holds the key to signaling broader altcoin enthusiasm. 🚀 ETH's Breakout | 📉 $1600 Retest Anticipation | 🔄 ETH/BTC Altseason Indicator ❗See related ideas below❗ Share your insights on Ethereum's unfolding narrative, contributing to a vibrant discussion within the crypto community. As Ethereum embarks on its next chapter, collective analysis enriches our understanding of its evolving dynamics. 💚🚀💚
Long
by Yaroslav_Krasko
Important support and resistance area : 2103.75-2159.0Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 2103.75-2159.0. (1W chart) The key is whether the HA-High indicator can indicate touchable movement. Therefore, it is necessary to check whether it rises to around 3662.19, where the current HA-High indicator is located, or whether it swings up and down and the HA-High indicator falls and a new one can be created. Therefore, the 2103.75-2159.0 section is expected to play an important role of support and resistance. (1D chart) It is necessary to check whether it can rise above 2104.60 around December 5th and rise along the upward trend line. Otherwise, if the price falls below 2042.59 and maintains the price, it is expected to fall to around 1879.61-1923.03. At this time, caution is required when trading as it may fluctuate near the MS-Signal indicator, that is, around 1979.39. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
1
Impact of Dropping ETH/BTC Ratio and the Need to Trade BTC MoreI would like to draw your attention to an important development in the cryptocurrency market that requires our cautious consideration. The ETH/BTC ratio has experienced a significant drop recently, prompting us to reevaluate our trading strategies and focus on maximizing potential gains. As you may be aware, the ETH/BTC ratio refers to the value of Ethereum (ETH) about Bitcoin (BTC). This ratio serves as a valuable indicator of market sentiment and can greatly influence trading decisions. The recent decline in this ratio suggests a shift in market dynamics, with Bitcoin gaining dominance over Ethereum. While it's essential to remain cautious during such times, it's equally important to adapt and take advantage of emerging opportunities. Therefore, I encourage you to consider trading BTC more actively, leveraging the rising BTC dominance. By focusing on Bitcoin, we can potentially maximize our profits and navigate through this transitional period with greater confidence. Here are a few steps you can take to optimize your trading strategy: 1. Stay Informed: Keep a close eye on market trends, news, and analysis to make informed decisions. 2. Diversify Your Portfolio: While focusing on BTC, it's also wise to maintain a diversified portfolio to manage risk effectively. Explore other cryptocurrencies that show growth potential and align with your investment goals. 3. Utilize Stop-Loss Orders: Implementing stop-loss orders can help protect your investments by automatically triggering a sale when the price reaches a predetermined level. This feature minimizes potential losses during volatile market conditions. 4. Leverage Trading Tools: TradingView offers a variety of technical analysis tools, such as charts, indicators, and signals, to help you identify trends and execute profitable trades. Remember, trading in times of market transition requires caution and adaptability. By closely monitoring the shifting ETH/BTC ratio and focusing on BTC dominance, we can position ourselves for potential gains.
by bryandowningqln
1
Ethereum & BNB on life Support I have posted a chart back in May when I was seeing Ethereum & Binance Chain deteriorate, it looks like the final supports are being tested meaning once these are gone the foundation is completely gone. The Ethereum supply has become inflationary due to the incentive to "Stake" Ethereum so the question is always true. Where does the Yield come from?. (New users staking Ethereum) meaning it takes no energy to create new Ethereum meaning the more its staked the more inflationary the more it becomes a house of cards before collapse. BNB? Binance owns 70%+ of the supply its dead. Ethereum ETF's? Yeah there's a reason they are getting little to NO volume smart money is not buying this Ethereum ecosystem either. My guess? is its there to SHORT Ethereum not Long it. If I'm wrong in the future on Ethereum I will accept the loss. But my mind is set that Proof of Stake DOES not work. Its recreating central banking at hyperspeed.
Short
by FederalXBT
4