$ETH will outgrow $BTC - $ETHBTCHere we have the $ETHBTC chart
Evident price has moved above the bottom range, and we have had a successful retest (red candle) - only the 2nd ever successful break
We have also had one successful bounce from the level
This means we should move upwards on this chart, especially if we can pass the 200MA and flip it to dynamic support
When this chart increases in value in means ETH is increasing in value against BTC, so if BTC stayed at 34K and this chart went to 0.07, ETH would be at 2.38K
Cmon the Ether...
Ethbtcforecast
Don't Miss The Opportunity This Time.ALT Season Comes After 4 Y.ETH BTC Is Created Very Good Bullish Momentum. Green Line Is The Possible Target For Eth Btc Pair. Price Broken The Previous Resistance & Trend Line. 50 Ma Showing Strong Bullish Momentum & We Have A Good Volume In Breakout. Market Maybe Make A Correction With A Wick In Weekly Chart. But Not Sure. Let's See Alt Season. Buy Alts In Every Correction.You Can Use Also 50 Moving Avarage For Entry With Good Bullish Candlestick. It's Defend On Time Frame.Try To Look For Thos Coin Which One Still Not Pumped Well or Just Started Pumping....
ETHBTC- Can it go to 0.06? I think is very probableI will not go into very deep details, but, if you make a comparison, you can clearly see that in a bullish bitcoin/crypto scenario ETHBTC tends to rise and in a bearish move is falling.
In my recent bitcoin analysis, I said that I expect the price to reach 50k or above , so we have this bullish scenario (at least in my opinion).
Now, analyzing strictly EthBtc chart we can easily see that, on a weekly chart, the price is forming a large H&S and is trading at this point just under resistance neckline.
Going forward, I will assume that the correlation will be maintained and a bullish BTC will mean a rise in ETHBTC chart and a break above this resistance .
The technical target for such a break is 0.06 which is also an old support/resistance zone
ETH.BTC (Y20.P4.E3).Don't miss out.Macro-structure.continuation*** This is a continuation of the ETH.BTC series, previous posts are below ***
Hi All,
As per chart on the 4 HRLY we have price action in confluence with the RSI and MACD as per my thoughts.
On the 4 HRLY, I'm expecting a 123 or 12345 consolidation move for this RSI formation
DAILY Chart: All bullish signs >
We have a bullish daily candle closing for today in an upward trend.
We have the phoeix indicator with the average ma (blue) moving upwards towards the 50%
RED and GREEN RSI above 50%
RSI chart have a bullish level (red line) where price is staying above.
WT indicator also above 0 level
Please give me a like or tick for this post,
Regards,
S.SAri
4 HRLY Chart
Weekly chart: RSI giving a wedge bullish formation
Lets see if it closes at this level in the next few days
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PREVIOUS POSTS
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ETH.BTC (Y20.P4.E2).Macro.Next PhaseHi All,
This is revisiting the overall macro structure of ETH against BTC, and how we are tracking.
OBSERVATIONS:
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> So far, all key levels (aligned with the Fib levels) are respected;
> 7 months of a falling wedge has its breakout;
> 0.236 fib is acting at the main resistance, a strong resistance;
> Like BTC, we expected this pullback aligned to some fib level where it also found a strong resistance and now support;
> ETH.BTC already found the strong rally at the 0.382 level on the micro level;
Note: I'm using ETH\XBT chart as it seems to be better aligned with the fib levels;
THOUGHTS:
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> Patience and timing is required;
> Wedge strategy > with the bottom found after many months testing it, we have 3 months of bullish MACD or RSI divergence;
> SP500 seems to be holding;
> BTC is still expected to hold the 10k with a possible spike for a CME gap closure as its a strong buy zone, a expected one (me included);
If this is the case, ETH will continue above this initial wick level;
> Hence ETH.BTC is likely to hold this level which equates to BTC's weekly 21 EMA level;
BEARISH SCENARIO:
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> SP500 support collapses and hence BTC breaks down as well; Its possible so caution must be made; tight stops;
> On the weekly, if this happens on the RSI, breaks that weekly trend, then we have a trend reversal; bearish;
Please give me a like or tick for this post;
Cheers,
S.SAri
Weekly Chart:
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PREVIOUS POST and set target reached;
PREVIOUS POSTS
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ETH.BTC hit target
ETH.USDT hit target
ETH.BTC (Y20.P3.E1).v4.Macro-structure.continuationHi All,
This is a continuation of the previous post, link below.
Just refined my targets and focus, fib levels, etc.
Still HODL'ing long (but trading it to gain more ETH or BTC)
FYI from time to time ETH is either more than 1/2 of my portfolio at any one time, ever since I acknowledged and made the posting about it.
(refer to the below links for the history and explanations).
The art to maximising your gains is knowing when to flip from BTC to ALTs, and vise versa. It is quite a difficult thing to do but if you do it, you should be able to gain much more BTC or ETH.
Cheers,
S.Sari
PREVIOUS POSTS>
JULY 9, 2020
JUNE 1, 2020
MAY 7, 2020
AS FOR OVERALL MACRO FORECAST - ONLY GUESSING with some logic