Ethbtcsignals
ETHBTC Time to get aggressive on Ethereum?Back in August I published a warning on ETHBTC, warning traders that it was time to ease on Ethereum as seen below:
My reasons were more than obvious and had to do with the price nearing not just the 1W MA200 but also the Lower Highs trend-line, the 0.382 Fibonacci retracement level and the White Curve (Parabola). As you see all conditions got filled, even the RSI got rejected on its Higher Highs trend-line, and ETHBTC pulled back.
Right now we have the conditions for the reverse action as the price found support on the 1W MA50 (blue trend-line) and is rebounding. Even the RSI bounced on its 12 month Support, as strong sign indeed.
The question is where will the next high be? The conservative, steady 0.5 Fibonacci or the more aggressive 0.618? Still, the pair has to get past the 1W MA200 (orange trend-line) before those Fibs are met, so every trader depending on their horizon (holding period) have their respective targets (short, medium, long-term).
In my personal opinion, I give more probabilities to the 0.618 Fib at 0.0666, even the Symmetrical High around 0.0870. The reason is because I give more weight to the White Hyperbola being the dominant pattern here. And as you see every hit of the RSI on the Higher Highs (and Lower Highs during the Bear Cycle) trend-line has made (or almost made) contact with the Hyperbola.
So is 0.0666 or even 0.0870 possible for ETHBTC as long as the 1W MA50 holds within the first half of 2021?
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ETHEREUM / BITCOIN📈 BINANCE:ETHBTC LONG H4
🛒Buy above = 0.030762
🎯Target1 = 0.031827
🎯Target2 = 0.032486
🎯Target3 = 0.033551
🛑Stop loss = 0.029039
❌Cancel trade = 0.029039
🙈Recommended risk = 2-3%
ETHBTC Time to ease on Ethereum before the next Bull?This idea is based on the notion that the dominant pattern of ETHBTC since the 2017 All Time High, is a Cup. As you see on the chart, we should be past debating whether or not the market has made a bottom as the price not only broke above the 1W MA50 (the blue trend-line) but is also about to test the 1W MA200.
That brings us to the essence of this idea, as near the 1W MA200 (which is by itself a Resistance), there are other several strong Resistance levels:
1) The Lower Highs trend-line started on the June 2017 High.
2) The 0.382 Fibonacci retracement level.
3) The White Curve, which is the Resistance of the Cup pattern with several rejections.
ETHBTC remains very bullish long-term but the above should wave a flag that we may get another good buy opportunity lower, potentially near the 0.236 Fibonacci retracement level, which provided Support on several occasions.
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ETHBTC Time to sell itTwo weeks ago when Ethereum was trading at $265, I called for a buy as seen on the idea below:
It since broke $400 and now I shift my focus on the ETHBTC pair, which is giving me a Sell Signal:
Pattern: Channel Up on 1D.
Signal: Sell as the price hit the 0.035 May 16, 2019 Resistance, while being close to the Sell Zone of the Channel's Higher High, as well as forming a bearish Lower High on the RSI and approaching the LMACD Sell Zone.
Target: The 1D MA200 (happened twice since March 2020).
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ETH-BTC Scenarios, GannBullish and bearish options for ETH-BTC
Hoping for the bullish outcome because im long ETH xD. Supported by the 1/1 Gann line
ETH/BTC - ETH looks strongerETH looks stronger than BTC in relation to the dollar.
The level of 0.0222 is being raised.
Puncture and fixation will open that one by 0.0223.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
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ETHBTC Sell signal on recurring patternPattern: Descending Triangle on 1D.
Signal: Bearish as the price was rejected on the Lower High trend-line. The pattern is identical to that of December 2018 - April 2019 both on candles and LMACD terms.
Target: 0.02030 (1st Support) and 0.017300 (2nd Support) with higher risk.
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Most recent ETHBTC signal hitting the exact target:
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 4H: 4.5% GAIN!Hey Traders,
Here is an idea to make short and make 4.5% profit on ETHBTC.
The 4H chart is developing H&S. The left shoulder and head are done, now the price is going to touch the neckline.
Something coolETHBTC
Price can be seen to be climbing nicely around the Fibonacci spiral
With a golden cross present
and no resistance in sight
this is very bullish
heres my previous analysis on ETHBTC forecasting a price
Decision Time For Ethereum: Breakout Or Breakdown?Please Leave a LIKE and COMMENT in order to support my work.
All notes are on the chart. In my opinion, a breakout seems more likely due to the creation of a short-term symmetrical triangle after an upward move.
Target 1: ₿0.0245
Target 2: ₿0.028
ETHBTC BUY IDEAI expect the price to react from the bottom of the channel and the trend line, the trend line that I marked with the first target arrow and if it breaks it, the new target will be the top of the channel
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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.
ETH similaritiesETHBTC, showing similar signs to the early stages of the previous bull run, simple comparison analysis.
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 strong horizontal resistanceETHBTC is at a point where a strong horizontal resistance is present. Price is currently supported by 50MA on the weekly chart. A bullish W is also present on the weekly.
ETHBTC Bullflag!ETHBTC has formed a bullflag, which may push the pair higher.. Very bullish . Currently sitting on yellow EMA line.
ETHBTC Linear Regression AnalysisStrong LR uptrend, continuation of this uptrend is likely despite recent volatility in the cryptocurrency market. Currently sitting in a great buy zone. Included a breakdown level.
ETHBTC EMASome perfect EMA touches, it seems to like this blue EMA.. Wouldn't be surprised if we saw another touch / retest
$ETH #ETHEREUM So it's getting interesting! #AltSeason2020
#ETHBTC is trying to move above the daily 8MA. So it's getting interesting!
I hate it when I have to provide alternative counts (last study) but that's just a part of EW. Either way, we had a truncated 5 which concluded the BEAR Cycle or this is just a subwave from wave 4.
Question is: Was this an ending diagonal? or truncated 5?
The bullish divergence on numerous timeframes signaled that a cycle was complete so here we are, $ETH is turning bullish.
First target is obviously R1 followed by the zone between 0.0205 and 0.021 (Box Blue)
There is no reason to become overconfidently bullish when I look at the weekly level. We're still below the 5 and 8 MA. However, the week isn't over yet!
I will update the weekly when we close above those MA's
$ETH #ETHEREUM #ETHBTC #CRYPTO
