Get started

ETHBTC

Ethereum is undergoing correctionAt the point where we have placed a red arrow on the chart, Ethereum correction has started. Ethereum seems to be forming a diametric pattern. It can move from the specified Supply to the specified Demand. On the Demand range, you can look for buy/long positions. Closing a daily candle below the invalidation level will violate our buy/long view For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
2
Ethereum - Final crash soon! Then new all time high (buy here)Ethereum is preparing for the final crash! 2800 to 2700 is the most important zone you can watch because the price should bounce from it. This is exactly where you want to buy Ethereum for the long term or enter a high-leverage trade. I don't think the price will go lower, prices such as 2500 USD or 2000 USD is no longer realistic and possible. Why do I want to buy Ethereum in this zone?  First of all, we need to do an Elliott Wave technical analysis, which is the most important as it gives us a full map of previous price movements. From my perspective, the price is forming a triple-three corrective pattern (WXYXZ). This is a classic corrective pattern, and we are in the last wave Z. Usually, what you want to do is buy ETH slightly below the previous wave (Y) (liquidity sweep).  What's more, the price is inside this bullish flag / falling wedge pattern. This is another bullish sign for us to buy ETH below the previous wave (Y). Also, we have a long-term trendline from October 2023 with a total of 2 touches, so we also want to buy on the third touch of this upper sloping trendline.  This is a strong combo. We have a strong confluence to buy ETH between 2800 and 2700. Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Short
by Xanrox
27
Momenth of truth for ETHBTCI'll try and be as brief as possible in this one. I believe this to be a pivotal month for ETHBTC. Either we see a full-fledged no-excuses breakdown confirmed with a weekly close below the last wick on said timeframe, or I will continue to think that a macro low is being formed here. There is everything you want to see here if you're going to take a bullish stance. 1) Confirmed triple bullish divergence on both 1D and 1W. 2) Fake break of structure with a dip down and then pop back up on the 1W. 3) Chance for a 55EMA and 200EMA death cross fakeout inbound on the 1W. 4) Stochastics ready to go back up on both 1W and 1M. 5) Six months and counting of price action hanging onto the lows without truly breaking down. 6) History of ETHBTC losing value after BTCUSD breaks all-time high, only to go back into an uptrend after a few weeks. 7) BTC.D painting a swing failure on the 1W with a confirmed bearish divergence and rejection of the RSI bullish control zone. This might get all thrown out of the window tomorrow, but as long as the aforementioned points stand, I'll keep believing that one should exercise maximum caution in being bearish at this time and place. A weekly close above the 55EMA before it crossed the 200EMA will make me even more of a believer of the bullish case. If that happens, and ETHBTC can also trade above 0.061, I would have no more reason whatsoever to fear a breakdown, thus absolutely confirming a macro low, and looking for a higher valuation.
Long
by Andewyl
Ethereum vs Bitcoin by Rocket Bomb 🚀Hello, friends! 😊Today we're looking at the Ethereum to Bitcoin chart! As everyone knows, the Ethereum to Bitcoin price indicates how many Bitcoin units are needed to buy one unit of Ethereum. That's an important metric for traders and investors as it reflects the relative strength or weakness of Ethereum compared to Bitcoin in the market. 👀Keeping an eye on this price is useful for making decisions about trading or investing, considering the dynamics of the two largest cryptocurrencies.💥 Today, I've prepared a weekly chart for You to examine the medium to long-term perspective! 💡On the chart, You can see a large number of falling wedges (also known as descending wedges) - a pattern, that signals an upcoming bullish impulse,🚀 which has always happened after the wedges in the history of this pair. The wedges, that I colored in pink 🩷 had the same slope and consequently the same percentage growth when exiting the wedge, which was about 1000%. Over time, the cryptocurrency market has gained immense popularity, and the market has become more "weighty," slowing down growth slightly and reducing it in percentage terms! In 2021 (the wedge became less acute, and growth was about 250%), I colored the wedge in brown 🟤 for clarity! As for the potential in the coming years, 250% is quite a realistic indicator - but it's too early to talk about it.🤫 🔻In the medium-term perspective, we can also see a slight decline in price - and the completion of the wedge formation, followed by a phase of active growth.🚀 You can see the levels for the medium-term perspective on the chart.🧐It's better to make purchases on price pullbacks, so keep an eye on that!👀 Thank's for Your attention, I hope the information was useful to You. If yes, click 🚀 and subscribe so You don't get lost!🫶 Always sincerely Yours, Kateryna💙💛
Long
by RocketBomb
6
Support zone: 3025.27-3321.30Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The HA-High indicator is formed at the 3321.30 point, so the key is whether it can support and rise around this point. If it falls, you should check if there is support around the MS-Signal (M-Signal on 1M chart) indicator as it is passing around 2531.05. (1W chart) The 3025.27-3321.30 section is an important section. Accordingly, the key is whether it can receive support and rise around the 3025.27-3321.30 area. If it falls, you need to check whether it can be supported in the psychological volume profile section. However, since the MS-Signal (M-Signal on the 1W chart) indicator is formed around 3025.27, if it falls below the MS-Signal indicator, you must prepare for a decline. (1D chart) The key is whether the price can be maintained above the MS-Signal (M-Signal on 1D chart) indicator and rise above 3321.30. If not, you should check for support around 3025.27. This volatility period lasts until April 30th. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
ETH buy setupDue to the slowing of the drop slope, and a bullish CH on the chart and the creation of liquidity pools at the top of the chart, as well as the presence of IFC movements, it is expected that if the green range is maintained, ETH will move towards the targets. The targets are clear on the chart. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
2
Check whether HA-Low indicator is createdHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The price is located near 0.5 (3097.94), falling below 3321.30. If it fails to rise above 0.5 (3097.94), it is expected to fall to around 0.382 (2647.80). If the price remains above the MS-Signal indicator, it is expected to eventually continue its upward trend. (1W chart) We need to check whether it can be supported and rise in the psychological volume profile area, that is, around 2621.99-3025.27. The 3025.27 point is the HA-High indicator point on the 1W chart, so if it is supported and rises, I think there is a high possibility of renewing the high point. In addition, if the price is maintained above the MS-Signal indicator, the upward trend is expected to continue, so the current price position can be said to fall into an important support and resistance zone. (1D chart) When the BW indicator is horizontal, you need to check whether it is supported near that point. At this time, if the StochRSi indicator rises from the oversold range or becomes StochRSI > StochRSI EMA, then it is time to buy. Since the 3025.27 and 3321.30 points correspond to the HA-High indicator points on the 1W and 1M charts, the important question is whether the price can be supported and rise in the 3025.27-3321.30 section. The next period of volatility will be around April 26-29. Accordingly, we will have to wait and see whether the price can be maintained above 3025.27. If a new HA-Low indicator is created, it is important whether the HA-Low indicator can be supported and rise. This is because the creation of the HA-Low indicator means that a low point has been formed. Therefore, if it falls below the HA-Low indicator, it is likely to lead to a stepwise decline. Conversely, if it is supported and rises by the HA-Low indicator, it will be a good buying zone. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
Crypto Market ReviewThe BTC dominance is up, meaning that the capitals in crypto are flowing more into Bitcoin than others at the current time. My target is 60% by the end of the year according to the TA. ETHBTC chart is also bearish, as Ethereum is THE catalyst for altcoins. Support from 2016 broke down. Besides TONcoin, BTC and BNB are the outperformers in recent days, shows the comparison chart: Finally the BTC chart shows a potential breakout to 77k$ with RSI compressing.
CRYPTOCAP:BTC.D
by cyatophilum
Support zone: 3025.27-3321.30Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1D chart) No matter what the trend of the 1M and 1W charts is, I believe that the movement in the short term is dominated by the trend on the 1D chart. It appears that the current BW indicator has touched the lowest point of the oversold range. However, since it has not yet reached the horizon, we need to watch the movement of today's candles. This volatility period runs until April 13th, so you need to check where the candle closes today. The 3025.27 point is the HA-High indicator point on the 1W chart, and the 3321.30 point is the HA-High indicator point on the 1M chart. Therefore, the key is whether it can be supported and rise around 3025.27-3321.30. If it falls to around 3025.27, you should check whether a new HA-Low indicator is created. If a new HA-Low indicator is created, an important factor is whether it receives support around it. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Ethereum - is ready to go higher! +32% this monthEthereum is still very bullish, so there is no reason to expect lower prices at this moment. We can see that the price broke out of this ascending parallel channel and retested it. Usually you want to wait for a retest and then enter a long position, which is happening right now! You can place your stop loss below the previous swing low (inside the ascending channel). On the chart, you can see my detailed Elliott Wave count. We are in the bull market, so we can expect an impulse wave to form. In this case, we are still missing the fifth wave to the upside, which gives us another reason to open a long position. Where to take profit? For this, we always need to use the Fibonacci extension tool. In combination with Elliott Wave theory, we can use the fibonacci extension tool from the start of wave 1 to the end of wave 3 and to the end of wave 4. The target for the fifth wave is 0.382 FIB or 0.618 FIB. Both log scale and linear scale are valid as profit targets. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Long
by Xanrox
24
Volatility Period: Around April 4 (April 3-April 5)Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1D chart) The BW indicator is showing signs of rising as it shows support near the MS-Signal indicator. Accordingly, the key is whether it can rise in the 3503-68-3675.23 section. The volatility period for ETH is around April 4 (April 3-5). (1M charts) The important sections are around 3321.30 and 3900.73. (1W chart) The StochRSI indicator is falling from the overbought zone and is at the midpoint. Accordingly, there is a possibility that volatility may occur, so transactions should be carried out cautiously. I think the key will be which direction it deviates from the 3503.68-3962.19 section, which is an important section on the 1W chart. Since the BW indicator is located in the overbought zone, it is maintaining a strong upward trend. Accordingly, if the StochRSI indicator turns upward when the price is maintained in the current range, it is expected to form an upward trend again. Have a good time. thank you -------------------------------------------------- - 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. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
ETHBTC trading: BTC halving vs ETH ETF ETHBTC trading: BTC halving vs ETH ETF Amidst the buzz surrounding Bitcoin's halving, Ethereum finds itself at a crucial crossroads, as the Securities and Exchange Commission (SEC) initiates a 21-day comment period for Ethereum ETF applications. A veil of uncertainty remains over the immediate fate of Ethereum ETFs with the potential rejection or approval of VanEck’s application for the Spot Ethereum ETF due on May 23 deadline. A rejection of the Ethereum ETFs might not just apply downward pressure on Ethereum but could affect the whole ecosystem including Bitcoin. Reflecting on the previous Bitcoin halving event on May 11, 2020, which saw a 12% surge in price the following week. It's important to note that attributing these movements solely to the halving remains inconclusive. Various factors such as loose monetary policies and heightened retail investor participation also played influential roles back in 2022, making it challenging to directly link the halving to the market fluctuations. Although a precise date remains unspecified, current estimations suggest the halving is likely to occur by late April, based on the ongoing pace of block validations.
by BlackBull_Markets
Alt Season Around the Corner (Scenarios)Bitcoin Dominance may be topping out here - a possible triple-top. Meanwhile many alts are bottoming vs. Bitcoin. A couple of examples shown here in contrast with CRYPTOCAP:BTC.D are BINANCE:ETHBTC and BINANCE:HBARBTC which may also be forming triple bottoms. This could occur as soon as next week. Other possible scenarios could be: Scenario 1: Mini-Alt-Season First: Then Bitcoin Dominates again -> Actual Alt Season: For this scenario, we'd likely see something like an initial breakdown of Bitcoin Dominance and breakout of Alts vs. their Bitcoin pairings, followed by a pullback on both as Bitcoin rises higher and alts lose vs. BTC again, hitting higher lows near bottom prior to the real breakout. Scenario 2- Breaks and Pullbacks Now: Dominance Breaks above 54.09% now -> Alts Lose their Bottoms Briefly -> Alt Season In this example, there's a breakout above recent Bitcoin Dominance highs (weekly close(s) above 54.09%), and alts breakdown losing their current bottoms vs Bitcoin (weekly close(s) below their weekly lows). Then a pullback below 54.09% and above alt's recent lows leading into an extended alt season. Scenario 3 - Idea is Invalidated - Dominance either heads up strong and Bitcoin eats alts or it falls as Bitcoin drops hard as Dominance does and the entire market moves down This final scenario is the invalidation of this idea. Bitcoin either rises hard along with dominance and destroys alt/btc pairings, or dominance and Bitcoin drop together as the entire market weakens - and if this occurs, I'd expect the signal for it would be as TVC:DXY strengthens heading above 106-108 and then 112-115 (see my other published posts about the Dollar Index and how it relates to crypto and stocks on the macro). Hope this helps someone, cheers and good luck! - dudebruhwhoa
CRYPTOCAP:BTC.DShort
by dudebruhwhoa
4