Ethbtclong
Beautiful upward Curl on ETH suggests a huge PopOn the last analysis I left for ETHBTC pair, I didn't really have much of an idea of whether the market was going to dip, and if the market would have dipped, the alts will generally take a bigger blow than BTC. This theory was the backbone of my previous analysis, however, the last price point was successfully defended.
The Chart:
The price action is just accumulating through the resistance which is an extremely bullish sign as there should be a lot of selling occurring in this region, however, there is very little occurring. Each time price drops, it tags the 21 MA and resumes its crawl up. Volume is low, however, its increasing as price moves through this resistance area. The RSI which was noted in the last analysis is also curling upwards, all of these are bullish signs and they are signaling for an impending move up against btc.
Previous Analysis:
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)
Wouldnt this be fun, LONG Eth My MAN!!huge market cycle fractical? looks scary the same... and I know this is hopium but dang it would be nice. I'm largely invested in low cap alts in the security token sector, primed for a break out(huge accumulation) been holding against Eth for a long time. If this eth/btc chart plays out like 2017 (or even less than) and the alts do what I think they are going to do I will have my btc value 12X on the safer side or 100X total on the dream side. of course this would be if I held 100% and sold the top.. but just to get a scope of the possible price action. Im just saying it would be nice! definitely make up for this bear market.
Be smart out there and good luck
ETHUSD has formed a bullish shark a good long opportunityThe priceline of Ethereum / Bitcoin has completed the formation of shark pattern and entered in potential reversal zone.
Fibonacci sequence is used for setting the targets and the targets are as below:
Buy between: $223.64 to $222.37
Sell between: $225.38 to $228.57
Regards,
Atif Akbar (moon333)
ETH IS STUPIDLY UNDERVALUED - PRE-2017 BULLRUN LEVELS. WOWWoah. I think it is hard to judge how the market is really going when you consider the amount of coins that are REALLY low in value, compared to the levels that BTC has managed to jump up too...
Everyone goes on about a no alt-season, however, they do happen it is just a matter of when. But if your a betting man. ETH has a great opportunity to make you some more Bitcoin.
How: % of your profits from BTC into ETH. Accumulate at the bottoms and sell when they reverse = More Bitcoin...
ETH/BTC - Touching the bottom, good entryETH/BTC - Touching the bottom, good entry
Hey everyone, its been a while. I do hope everyone is doing superb with bitcoin hitting the $10,000 USD mark/resistance. In my books, I consider the bull run confirmed if a candle closes above 10k on the weekly. Anyways, I will be posting multiple trades I am personally entering on trading view. So to all my followers enjoy the free signals but please do remember enter at your own risk as this is not financial advice. Stay tuned for updates.
Exchange : Binance | Altcoin Trading
Trading Pair : ETH/BTC
Position : Long
Leverage : N/A
Approx Risking: 7%
Approx Reward: 28%
Risk/Reward: 3.99
STOP LOSS: 100% @ 0.024568
Approx Entry AVG: 0.026424
Entry 1: 1x @ 0.028952
Entry 2: 2x @ 0.028122
Entry 3: 6x @ 0.026802
Entry 4: 18x @ 0.025678
Approx Exit AVG: 0.033829
Exit 1: 25% @ 0.031322
Exit 2: 25% @ 0.032446
Exit 3: 25% @ 0.034401
Exit 4: 25% @ 0.036649
Reasons to enter (Prioritized from most to less important):
1. Bitcoin is surging Ethereum is bullish but still undervalued
2. Descending Triangle
3. Staggering all the way to the next level of support
4. Support should hold until end of triangle
5. we are reaching the bottom of the market
6. Will be over sold on the daily RSI