ETH.BTC (Y20.P3.E2).Macro.Opportunity coming soon!Hi everyone,
Looking at ETH pairing, we can see from previous cycles how ETH had some bullish divergences on the 12 HRLY or Daily.
Looking at this chart, we see the fib levels, macro pennant or triangle formation, support and resistance levels all coming together to tell you the story.
Depending on what indicator you use and what's happening with other ALTs, ETH is another coin I'm looking at going long, this time round.
This macro chart is a subset of the other post I made on ETH pairing with the inverse H & S., for the great bull run that might take 2 years to complete.
Don't miss this opportunity to get the bottom.
Its possible depending on bitcoin that there are two areas to enter.
One must consider the possiblities that BCT might pull back a bit and hence we have the lower target entry level.
ETH is gradually coming so we have plenty of time.
If I don't forget, I'll try to signal it as well here.
As per my other posts, note that we should look at the general markets, like the SP500 and see how that is tracking.
If this is not staying strong, then its unlikely we will have a good start early.
Please give me a like or tick for this presentations.
Cheers,
S.Sari
Look for the macd crossing the signal with a higher low.
Daily chart overview
BTC dominance chart with agreement that ALTs will start moving soon.
Ethbtcforecast
ETHBTC Dips ETHBTC has tendency to dip below 50MA just to climb back up over and break upwards through the trend
This has occurred twice, outlined in yellow boxes, will it happen a third time?
Price is currently at the top of a resistance line of a Gann fan on my other analysis of ETHBTC A H&S formation may be underway.
I trust this previous analysis more than this one, Gann is quite reliable.
Thought i would post this bullish outlook regardless..
ETHBTC Breakout on the Weekly Chart ImminentKeep an eye on the big picture market dominance as the weekly candle for ETHBTC is now inside the cloud, and price is near to testing the long-term trendline. A beak above indicates bitcoin losing a lot of it's market dominance, making way for another alt coin bull run.
ETHBTC Butterfly MA bounceBecause it looks like a butterfly.. Plotting potential movements of MA's on the ETHBTC pair. A 'scythe' pattern can be identified on the weekly chart, a bullish continuation pattern. This pattern tends to be more successful on larger timeframes, as with most patterns. A strong support level can be seen to have reached on the daily chart, potential upward movement in the coming weeks is likely.
ETHBTC analysisMultiple chart patterns present, including symmetrical triangles, bullflags, bullish W. All three bullish chart patterns. An initial symmetrical triangle can be observed followed by a bullflag, following another symmetrical triangle. Included possible pathing within the second symmetrical triangle, but honestly as long as it stays within the triangle we're good. Looks very bullish.
[ETHBTC] SWING PLAY - MORE THAN 74% ROI POTENTIALETHBTC has decent accumulation phase more than 3 months.
Highly possible it can accumulate more.
But Elliot Count show me that there is good R:R trade here.
My entry: 0.019979
Stop: 0.016744 (16.1%)
Target: 0.034879 (74.77%)
R:R: More than 4.6
Trade Duration: Should resolve in 2020
This is not a financial advice. Trade application for elliot wave theory.
You can also see my other trades that almost hit my target here:
And other one:
Follow, like and share for more.
ETHBTC Falling wedge formation BINANCE:ETHBTC
On 1H time frame, falling wedge pattern could be seen forming.
The 3rd touch could end as a double bottom, as seen currently, with an inside bar pattern formed on the 4H time frame
On the DAILY time frame, price has retraced past 0.786 fib level and is closing in on 0.886 fib level,
while approaching a parallel channel trend line, this has been the only candle closed in green over the course of 10 days
Though price has moved under a nearby monthly close and weekly close, a move back above these lines will indicate more bullish momentum to come for ETH/BTC
ETHBTC Falling wedge formation, breakout retest?Currently price has broken out of the previous trend line for falling wedge like formation and has attempted a retest.
However, price remains bearish unless there is a strong price action indicating buying pressure and a push above the weekly close level
ETH/BTC DeathcrossLooks like a death cross to me, sitting above the downward trend line, death cross may push price down to this trend line and form a new support. Also making consistent higher lows, which is a bullish sign. Sentiment looks mixed imo at the moment. Give me some coins you would like to see!
ETHBTC formed bullish Gartley | A good long opportunityPriceline of Ethereum / Bictoin has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this area.
We have a strong support of 100 simple moving average beneath the PRZ level.
I have used Fibonacci sequence to set the targets:
Buy between: 0.021817 to 0.021624
Sell between: 0.021968 to 0.022332
Regards,
Atif Akbar (moon333)
ETHBTC has formed a bullish CRAB | Upto 155% expectedPriceline of Ethereum / Bitcoin has completed bullish Crab pattern and entered in potential reversal zone.
RSI is oversold.
Stochastic RSI is oversold and likely to give bull cross soon.
Price action has hit the lower band of Bollinger bands after Sep 2018.
Volume profile is showing weak interest of traders.
But MACD is still strong bearish, for secure trade we can wait for the MACD to turn weak bearish from strong bearish.
I am expecting a bullish divergence from this potential reversal zone soon insha Allah.
I have used Fibonacci sequence to set the targets:
Buy between: 0.019999 to 0.014045
Sell between: 0.024629 to 0.035823
Regards,
Atif Akbar (moon333)