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ETHBTC

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
An Optimistic But Volatile Future Ahead For EthereumHi everyone, I should preface and say I am a relatively new ETH investor. I was primarily a strict BTC maxi since 2017, but after putting in the time last year to learn about ETH and what its core philosophy is, I understand it better and I am actually very interested in what it is capable of! I think many of the ETH community can vouch for that. It's hip, cool, and experimental. I honestly think there are many BTC maxis that refuse to accept this is fundamentally a different project than BTC was- not just technologically. For those not involved in crypto- or are just average retail investors, ETH may just seem like a 2nd coin behind BTC that does all the same stuff "basically". That was just me being naïve and stupid, and I unironically thought like this for years. I love the fact that the ETH community rallies behind it so hard. They are a very different group than many of the BTC investors I follow and have followed in the past. They seem to have a really strong core and tight knit community that do not care much about what 3rd party entities will tell them what to do or who to be. The developers (mostly) all seem incredibly passionate and want to really create practical and also experimental projects. I think mentioning this context is essential in my TA because ETH investors fundamentally believe in the core project so much that I think they will successfully create some type of "mainstream" adoption within the next 10 years. I have no clue how that will look like- and I don't think anyone does yet. But the ETH community has a strong spirit that I do not see breaking- ESPECIALLY with Larry FInk and BlackRock still in the equation. They just partnered with Securitize and are going to slowly begin to execute their "tokenization" of assets. This leads into the biggest news of the year for Ethereum, the ETF. As much as I want this ETF to pass on May 23rd, it will not. I don't know how it will go down, but this will be prolonged somehow. And I do not see the market reacting lightly to the news for the mid term (basically all summer). Gary Gensler really does not seem comfortable even speaking about ETH any time he is being recorded. The SEC is currently asking for more funding to lawyer up against the potential future court cases that WILL happen when the ETF gets denied. The SEC seem incredibly nervous about opening up a door that can't be shut- if the ETH ETF gets approved, I can only imagine how many other chains will want to have their own ETF... No matter what you think of other coins, it seems like the SEC and Gary really do not like crypto all that much and are only really willing to let BTC slide. I think they want congress to eventually enact real legislation against cryptocurrency as a whole in the future. I think something will happen in between May 23rd and August 7th, the day BlackRock's ETF filing expires- but I'm not sure what exactly. I think the most likely case is they go to court and the SEC loses in court. Maybe the ETF gets approved with an amendment that there can be no staking the ETF? Do people even care about this? (sorry if so) The best current argument seems to be that there exists ETH Futures ETF, so why would an ETH ETF be an issue? And then by August 7th, the BlackRock ETF should be approved and Ethereum is going to launch. My gut tells me it goes for the 10k push into the end of the year, and then we consolidate early 2025 with a final blowoff maybe middle of 2025. Who knows after that, prob bear/crab market until next halving like close to 2028-2029 or around there. Very exciting times ahead! Personally I'm incredibly nervous with my investment in ETH. I'm still a BTC maxi to the core because it really is just the best sound money to ever exist. I really consider it my true savings account at this point. But ETH is my risk bet. I fully trust in that ETHBTC ratio and have watched that thing for years- despite never having any interest in purchasing Ethereum. I've also gotten burned in the past- having bought LTC at its peak in 2017 and holding still to this day... I have no more faith in that project honestly. I don't want this to happen to ETH, and I can say that I really do believe in its community. I hope the developers and companies out there innovate some really cool things that make our lives better/easier. But I do see ETH really as a long term investment, whereas BTC at this point for me is essentially just savings that I am not getting rid of anyways. Cheers everyone, I think no matter what, that if you own ETH and you hold, you will win in the long run. Good luck to the traders too!!
COINBASE:ETHUSDLong
by seqwhence
1
Ethereum's Key Moments: Ascending Channel Support & Future Prosp📈💼 Ethereum's Key Moments: Ascending Channel Support & Future Prospects 🚀💡 First check this out: It means a lot to me when analysis is aging so good! Sold before 5k, bought back in below 1000$ and many excellent posts in between..wow! Today, we're diving deep into Ethereum and the critical ETHBTC chart. Starting with the ETHBTC perspective, we're currently stationed at a pivotal support level, specifically at ETHBTC 0.051. This point marks the lower boundary of an ascending channel. Our analysis leads us to believe there's a 70% likelihood Ethereum will outpace Bitcoin in the coming period or at least mitigate losses better. Ethereum's Positioning: A Closer Look The ETHBTC chart highlights a prime buying opportunity, underscored by its position on a significant support level. Shifting focus to Ethereum's individual performance, we recall a notable breakout, aligning with our successful past strategies - selling before Ethereum hit the $5,000 peak and re-entering the market at the $930 mark. These moves have placed us in an advantageous position, primed for repetition. Strategic Insights and Expectations Ethereum's current support sits around $3,300, with projections pointing towards a rise to the $6,000 threshold and potentially reaching $9,958 in the foreseeable future. This optimistic outlook is supported by Ethereum's role as a pivotal blockchain, bridging the crypto domain with the real economy. Looking Ahead: Ethereum and the Regulatory Landscape Discussions around BlackRock, the SEC, and the anticipation of an Ethereum ETF paint a bullish picture for Ethereum. Despite the ongoing scrutiny by the SEC, the underlying fundamentals and strategic positions suggest a strong upward trajectory for Ethereum. In conclusion, Ethereum stands at a crucial juncture, supported by technical analysis and buoyed by potential regulatory advancements. The strategic positions adopted now could set the stage for substantial gains, reflecting Ethereum's growing influence and utility in bridging traditional and digital finance sectors. 🌟🌟🌟Lastly allow me to say this could be a great time to look some Ethereum AI Alts: 🌟🌟🌟 One Love, The FXPROFESSOR 💙 Links: Ethereum Layer 2s and Active Addresses Analysis Can Ethereum Break Through $4,000 Amid SEC Scrutiny?
COINBASE:ETHUSDLong
by FX_Professor
5
#ETHBTC - Forward!This chart is best seen in regular scale rather than logarithmic ETHBTC have printed a solid pennant or symmetrical triangle and shouldn't take much longer to break up equivalent to BTC once it broke up 20k!!! Have in mind that this is HTF, Monthly chart in this case and you could be looking into 6 months to 1 year of price developing in these areas, being positive. This bull market might also be BTC pairs leading ALTs/USDT as we saw earlier in 2017 and that would actually be awesome to accumulate BTC.
by Jnsane
ETHBTC About to take off. Ethereum expected to gain massively.It has been more than 5 months (October 07 2023, see chart below) since we last published our view on the ETHBTC pair, when we discussed that the 2022/ 2023 Channel Down was a matter of time to reverse as soon as it would hit the Higher Lows trend-line of 2019: As you can see, the pair started to trend upwards after touching the Higher Lows trend-line on the week of December 18 2023, posting a series of Higher Highs and Higher Lows. The fact that the 1W RSI became oversold below 30.00 and then started trending upwards on Higher Lows, is a clear sign that the pair bottomed, similar to the bottom of September 02 2019. What followed then was a break above the 1W MA50 (blue trend-line) and then a sustainable series of Higher Highs and Higher Lows until the 1W MA200 (orange trend-line) broke also and turned parabolic. For now we have had 2 rejections on the 1W MA50, so in our view that is the confirmation signal. As soon as the price breaks above it, we expect ETHBTC to first target the bottom of the 3-year Resistance Zone at 0.08300 and then conclude the Bull Cycle marginally above the 1.5 Fibonacci level, but we will maintain Target 2 there at 0.1200. Bottom line: Ethereum is expected to gain massively against Bitcoin over the next 12 months. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
4
ETH is bearishConsidering the bearish CH and pullback to the order block, it seems that the price is trying to drop more The target is the bottom box. Closing a daily candle above the invalidation level will violate this analysis Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
Short
by iMoneyTeam
AVAX Will MOON Like ETH MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here AVAX has had a very strong breakout , These breakouts can often continue longer than people think. AVAX is retesting the neckline here and should follow ETH into a bull market and parabolic move . It should continue to moon with some patience. This has very good market structure and good price action . These structures are how you can make good returns on investment / on your trade Please watch the video for more information
COINBASE:ETHUSDLong
by MartyBoots
2
The key is whether it can rise above 3900.73-4294.78Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 12M chart) The BW indicator is an indicator expressed by combining MACD, StochRSI, CCI, superTrend, and PVT indicators. By displaying this BW indicator on the price chart, we made it intuitive to understand. Therefore, points marked with the BW indicator can be used as support and resistance. The key is whether it can rise above the Fibonacci ratio 1 (5005.30) and renew the new high (ATH). If the price holds above 5005.30, the next target is expected to be 1.618 (7362.80). (1M charts) It has broken through the upper part of the box section of the HA-High indicator and is rising. Accordingly, if the price stays above 3900.73, it is expected to start rising to renew the new high (ATH). If not, and it falls, you need to check if it is supported around 3321.30 or 0.618 (3548.07). (1W chart) The key is whether it can receive support and rise in the 3962.19-4294.78 range. If it falls, you should check for support around 3503.68, the bottom point of the box section of the HA-High indicator. (1D chart) The next period of volatility will be around March 25th. However, you need to check which direction you can deviate from the 3503.68-4294.78 range. If it receives support around 9300.73-3962.19, it is expected to rise above 4294.78. Therefore, if it falls below 9300.73 and shows resistance, there is a possibility that it will turn into a short-term downtrend. 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. 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
1
📈Ethereum overtake Bitcoin after Dencun update!📉BINANCE:ETHUSDT COINBASE:ETHUSD Ethereum can start an upward scenario on the eve of its update. The condition for the occurrence of this bullish scenario is the stabilization of the price in the yellow range. after that, the bullish scenario can continue up to the level of 0.06 and after stabilizing above specified level, it can go up to the channel. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
Long
by CrazyS
ETH ANALYSIS (1H)Ethereum has a bullish structure. There is a good demand range for Ethereum that I have highlighted in green. In this area, you can look for buy/long positions. The targets are clear on the chart. Closing a daily candle below 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
3
Market Update - March 1 2024 BTC Surges to 2-Year High: The price of bitcoin (BTC) has soared past $59,000 after weeks of consolidation, setting the stage for a potential challenge of its record high of $69,000, driven by institutional demand, anticipation of the upcoming halving, and other catalysts, with MicroStrategy adding 3,000 BTC to its holdings. ETH Surges, Outperforms Bitcoin Amid ETF Launch Optimism: The price of Ether (ETH) continues upward, outpacing BTC as it approached 0.06 on the ETHBTC pair but ultimately facied resistance. It remains elevated at around $3,350, amidst anticipation of a potential approval for a spot ETH ETF. UNI Price Soars on Governance Reform Proposal: Uniswap's (UNI) value surged dramatically after the Uniswap Foundation released a proposal for overhauling its governance system, with UNI token holders potentially receiving rewards, leading to a remarkable price increase of over 50% in a day, hitting $12.86, its highest point in more than two years. AR Gains +75% On Testnet News: On Tuesday, Arweave (AR) announced the release of the public testnet for Arweave AO. According to the Arweave team, this will be a scalable blockchain network, built upon the foundation of its existing data storage platform, promising substantial scalability enhancements compared to other blockchains. AR has emerged as one of the standout performers in the past seven days, trading up +75%. 🐂 Topic of the Week: What makes a bull market? 👉 Read more here
GEMINI:BTCUSD
by Gemini
1
ETH-USD: Ethereum Elliott Wave structure 2021–2024The Ethereum market has been on fire once again in the year of the fourth halving cycle of bitcoin. Like the alt-coin market in general, it did not enter the bull market until Fall 2023, although it recovered greatly from the lows of the bear market previously. Its recovery was bounded by a large Elliott triangle formation that allowed only large swings in price. It finally broke out of the triangle in October 2023, from which point on it has entered and continued in a straight rising channel. At the same time its corresponding BTC market turned upward as well, ending a multi-year flat correction. The ETHBTC market is shown in a faint background trace.
INDEX:ETHUSD
by unbeldi