ETHBTC Breakout IdeaAn idea using my fib waves analysis
Price has crossed the 2.618 in blue, which was previously seen as a strong breakout area
It may act like this again
218% puts price at around 0.16ETH/ BTC
Tops can be identified in red
Ethbtclong
I'm bullish - ETHBTCI'm bullish - ETHBTC
Pattern: W/Wedge pattern - Bullish more ETH than BTC!
Enjoy the play
have a great week end and try stay safe from the heat 🌞
TJ
ETHBTC LongThe bullish trend seems to continue as multiple bullish candle sticks patterns are visible
ETHBTC - Amazing Monthly PositionTwo different ETHBTC pairs
The latest candle has positioned itself above the Channel
A very very bullish scenario for Ethereum
ETHBTC Top Pattern Downward ETHBTC has provided some amazing wedge chart patterns (contracting)
Wedge 1 and 3 are very similar, both leading to a red double top pattern that will likely lead to a bottom along the yellow Fibonacci circle
Interesting chart
ETHEREUM ROADMAP CHAPTER 1So , this asset has now reached to a reversal point which could be a strong bullish signal .
Previously , 1700 - 1800 zone was the support that Ethereum went for an ATH from it .
ETHBTC chart is published in comments . Good Luck!
$ETHBTC 1HR Major Trendline ResistanceEthereum/Bitcoin is testing its major trendline resistance after 2 weeks of rejections and now a 5th attempt to break is really trying hard.
This goes hand in hand with the 1D/3D support trendline that it needs to hold. A break here would signal a support hold on the HTF, while a break would be, well, ugly.
Lot of recent choppy price action in the area where the breakout could be headed, so its a bit of a tossup. Break back down and .0675 should be a key support.
ETHBTC Prices May Float to 0.076 BTCPast Performance of #ETHBTC
There was an ETH price expansion early this week, but bulls were muted on May 3 and 4. However, BTC is trailing the BTC following encouraging surges on May 1 and 2. ETH bulls would likely build on the bullish engulfing bar of early this leg, setting the foundation for an expansion above April highs of around 0.076 BTC.
ETHBTC Technical Analysis
As per the ETHBTC technical analysis in the daily chart, ETH buyers are in the driving seat. Prices recovered from the 38.2 percent Fibonacci retracement level of the April 2022 trade range. The recovery, backed by rising trading volumes on May 1, triggered demand. There is a possibility of ETH bulls finding support in the immediate term. However, this is subject to ETH bulls rejecting any attempt for losses below 0.072 BTC. As it is, traders can load on every dip, targeting 0.076 BTC. A break below this week's low, on the other hand, may see ETHBTC crater to 0.070 BTC, the 61.8 percent Fibonacci retracement level of the same trade range.
What to Expect from ETHBTC?
ETH buyers have the upper hand at spot rates. Still, if there is a crypto correction, Bitcoin bulls may flow back, driving prices below the primary support at 0.072 BTC.
Resistance level to watch out for: 0.076 BTC
Support level to watch out for: 0.072 BTC
Disclaimer: Opinions expressed are not investment advice. Do your research.
Spotted Fractal on ETHBTC pairThese two are similar in many ways.
During last Feb-Mar price was coming down; I was expecting it to finish a curved triangle pattern at 0.025 area. But it didn't. This time again, after deviation above the range(0.077-0.6), it should come down to 0.6. But it didn't.
If this will play out, it can take this pair back to its ATH in the 0.14 area.
Bullish momentum to continue? Hello friends, let's look at the ETH/BTC chart. ETH appears to be in a Rising Channel against BTC. The Channel Support faced a crucial test at the beginning of March as the 50 EMA crossed below the 200 EMA (Death Cross). Bullish momentum held and ETH has enjoyed a 16% bounce. Bulls gained a confidence boost in early April as the 50 EMA crossed back above the 200 EMA (Golden Cross). I'm expecting this bullishness to continue and will be looking for an entry to increase my position.
Good Luck.
----------------------------------------------------------------
These are my personal views and not financial advice. Please do your own research before investing.
I'd love to hear your thoughts, ideas and feedback. Feel free to Comment and I'll try and get back to you quickly.
If you appreciated this analysis, consider Liking or Following . Thanks!
ETH.BTC (Y22.P1.E2).Technical AnalysisHi All,
#ETHBTC #ETH
Just looking at this current range and its obvious that from a 2 perspectives, why this will consolidate.
a) Wyckoff SOS - BU/LPS stage
b) Macro Fib 0.5 level
c) Elliot wave count (Wave 2 to 3)
With the Wyckoff strategy, this will be a sideways range and it might have completed and the confirmation is the breakout of this level.
With the Inverted Head and Shoulders approach, we have more to go (UP)
With the elliot wave count, we did our ABC and now looking to do 1, 2, 3 wave or possibly wave 3 to 4 which would take longer.
Using the bump and run strategy, our macro target is much higher.
SUMMARY
Short term, we are to break this soon (might still range a little) and then head for the next target or the fib 618.
Please give me a like and a share or even better, join our community.
All the best,
S.SAri
FIB LEVELS
Wyckoff approach
PREVIOUS POST
ETHBTC analysisI analysed ethereum and looked at different support and resistance areas and i think ethereum will make a small correction and after go bullish.
This is looking great for all the altcoins so keep checking the market if u are holding altcoins atm. :)
ETHBTCThe price break out the falling line and it look like double bottom. it could be new impulse wave or wave D of 4.
ETH.BTC (Y22.P1.E1).Reversal in progressHi All,
We have good evidence that a reversal is happening and that the bear market is about to breakout to bullish.
The ETH.BTC pairing also is one of those that can be seen as confirmation.
Note on this chart, we have our 20 and 50 daily ema's crossing, and we have the 200 daily in lime,
Price has broken all them which in the past signified a bullish turn as you can see with the white dots.
Please give me a like and share and join our group as per my signature.
ETH is going to out perform BTC.
As for targets etc, that is for the private group.
All the best,
S.SAri
ETHBTC Wait for the right place to buy!!!ETHBTC
When I traveled to the future I saw the ETHEREUM movement and that was the movement.
TRUST
#ETH/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
hello folks
Looking at eth/USDT it looks like the rising wedge pattern bullish trade so I can go to $3150k and $3350k from here and back to $2323k for a retest. bounce back as $5500k,
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
Something I Noticed on ETHBTC Angles can be drawn between two earlier top points and two latter top points that have arisen in the recent bull move
They are very similar in structure just on different scales
ETHBTC SHORT TERM LONGWe are ending retracement to an uptrend, bounced off of a buy zone which was formed by an institutional candle we are looking for a retracement to at least 50% fib zone.
Aroon: In 1 hour time frames we are already in uptrend which shows that we should go for long, in 4 hour it shows that we also are losing momentum for short, which gives us more reason to go for long. In a daily chart we can see lines coming together that shows gain momentum for long.
MACD: MACD shows gain in momentum in 4 hour time frame, and we should get an entry from MACD from 1 hour time frame in a couple of candles. Also in daily charts we are shown gain of momentum for long.
Bollinger band: We bounced off of a bottom Bollinger band and started making higher highs and higher lows since in one hour time frame. Also we bounced in bigger time frames.
Entry: 0.0664
Invalidation 0.0653
Target 1: 0.0686
Target 2:0.0706
Ratio to Target 1: 1:2.1
Ratio to Target 1: 1:3.8
ETH/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
ETH/USDT looks bullish and as I told in bitcoin that bitcoin can bounce if bitcoin bounces then ETH/USDT can also bounce from here as well as old coin of USDT pair can also be pumped. eth/usdt support $2590k-$2650k and resistance $2899k-$2960k
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
ETHBTCIndicators show us divergence and the line is really important. so i think it's ready to grow.
ETH/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ETH/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
ETH/USDT is also conformed to a falling wedge pattern as I have seen in the 1-hour update
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
