ETHBTC clear tunnel evolutionBased on basics trendlines and market news, there are many indicators pointing to the end of BTC foolishness and the more adoption of the blockchain as a form of trusted assets transfer. The proposal of Ethereum Smart Contracts and the easiness of the creation of new tokens based on its platform will bring not only adopters (Microsoft, Cisco, Amazon, Facebook) but also money to this world. Eventually ETH can also become a traded currency but that's not its main reason so the adoption will come more naturally as well they can control its value to not become too inflated and scary for the business that wants to adopt and accept it.
2018 is gonna be the year of the cryptocurrency and blockchain as the new internet. And ETH is in a better position of becoming the leader of this movement due to the geniuses behind it and not living anonymous neither seeking for "easy money". Whatever coin you want to invest, look for the one you have real faces behind it and their curriculum. And let's make the smartest and right choices so everyone wins.
Ethbtclong
Excellent Long-Term Hunting Opportunity in ETHBTC, Don't miss itTrading suggestion:
There is possibility of temporary retracement to suggested support zone (0.0775 to 0.0660), if so, traders can set orders based on Daily-Trading-Opportunities (Price Action) and expect to reach short-term targets.
.Beginning of entry zone (0.0775)
.Ending of entry zone (0.0660)
Take Profit:
TP1= @0.0860
TP2= @0.1000
TP3= @0.1106
TP4= @0.1253
TP5= @0.1514
TP6= @Free
Technical analysis:
.Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
.Relative strength index (RSI) is 67.
.Current short-term is uptrend and continuation of uptrend is expected.
ETH/BTC ReversalThe graph of bitcoin to ethereum looks like a good setup, however i am very caution because of pump of bitcoin which could bleed the altcoin market substantially. I'm expecting a consolidation phase in bitcoin right now so this would give a-lot of time to grow for the price of ether.
- Enter at breakout (0.0345)
- First take profit at (0.06), Second take profit (0.07) if the price goes above these and you still hodl some; set stop-losses below the second take profit. Looking for 100% - 200% increases.
:D
ETHBTC BittrexDear Friend
As we all know noting permanent in this world ...
BTC Will start folling and ETH will start gaining. All we need to do is bye at right time...
Remember the dotcom raise and fall ...time will repit the story ...
If u are watching it late then just hold it tight..
Happy Trading
SK
Buy When There's Blood in the Streets
Baron Rothschild
ETHBTC What's next? 5th Wave or Retracement?ETH is approaching a major testing of a current support line near the 0.04 price range. Potential 5th Elliot Wave to come if support is found and the trend line remains unbroken. This would be a good setup for a Long.
On the other hand if support around the 0.04 price range is broken, expect a Retracement to the lower Fib line. This would be a great setup for a Short.
Good luck trading!
ETH Breaking OutEthereum has broken out of the Symmetrical Triangle's upper trend line and briefly pushed over $400. There may be nothing to it but it seems kind of odd how the last two buying waves have occurred 12 hours
apart. Could we get another wave of buying 12 hours from the last which pushes ETH well over $400? If the pattern repeats itself I would expect consolidation until about 2:00 PM or 3:00 PM EST then another buying wave to start.
ETHBTC OPPORTUNITYHi Seildev here,
Tonight we look at ETHBTC.
We have established an important horizontal zone at 0.035778.
- High of 0.1503 at June 13th to low 0.6745 gives Fib 1.41% at 0.035778
- high of 0.1232 at June 29th to low 0.6745 gives FIb 1.61% at 0.035778
We also see RSI Divergence.
We will pay close attention when it drops below 0.03577 Buy zone to see a long
opportunity.
As always, trade with a plan and safe trading.
Seildev