En route to 1000T for altcoins, yep you read that well.The mother of all bubbles is about to happen, buckle up and enjoy the ride.
Ethereum-bitcoin
Etheruemsomethin something something, Ethereum. Interesting level here, will watch daily close to open new long.
Dogecoin/US DollarWhile Dogecoin remains above the support level at $0.2500, it has lacked enough bullish momentum to retest the psychological level of $0.3000. In the ensuing sessions, Dogecoin price will likely bounce back to and beyond the resistance level of $0.3000.
DOGE is hovering around 0.2800 as has been the case since Sunday. On a four-hour chart, it is trading along the 25-day EMA and slightly below the 50-day EMA. At the time of writing, it was up and at $0.2886.
In the near term, I expect Dogecoin price to remain within a tight range as 0.2800 remains a crucial level in its movements. The resultant horizontal channel will likely have its lower and upper borders at the week’s low of 0.2697 and along the 50-day EMA at 0.293 respectively.
A bullish breakout will likely push the crypto to the resistance level at 0.3000. However, this thesis will be invalidated by a move below last week’s low at 0.2647.
Feel free and get in touch for more ideas and trade signals
ETH/BTC Spread: Extended Fifth Underway!Readers who followed my calls know that I like to look at the ETH/BTC Spread because it serves as a risk on/risk off barometer to the crypto market. Ethereum has resumed its uptrend and is now significantly outperforming Bitcoin. The great decoupling is finally underway after weeks of it doing nothing. As the ratio became almost to the point of going out of my blue channel, I started to be worried that my analysis would be wrong but it's not the case with the latest developments. The ratio is now around 0.07 ETH per 1 BTC. I expect this ratio to go as high as 0.18 ETH per 1 BTC in the upcoming months!
ETH/BTC confirmed breakoutAs I mentioned earlier, ETH broke out against BTC (check out the linked idea). On the daily time frame and got confirmed because of the daily close above the upper resistance line and I think the next level of resistance will be the 0.77 approximately because of the previous support and resistance.
To me this means signals a lot more upside potential for ETH but we’re getting in the overbought zone for ETH/BTC. To me this signals we could be heading towards a (small) correction.
This is my publication #14. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know and do not hestitate to send me a message and to leave a comment! I’m also just a trader.
ETH Outperforming BTC?Looking at Ethereum's price relative to Bitcoin's all the way back to early 2020, we've seen this similar breakout pattern occur twice before. A few months of consolidation and then a powerful move above its relative MA for a sustained breakout. Ethereum has been clearly outperforming Bitcoin and will sustain its dominance if this current breakout is validated.
🟢 ETHUSDT 1D : (Update) Read The Caption 🟢The price is still fluctuating in this sideway range and does not follow a specific trend, we must note that in this range where the price is currently, there are all kinds of resistances and it will not be easy to break all these .
Personally, I expect the price to rise by 60% and I only give a 40% chance of the price falling.
⚠️ ETHUSDT 1D (Update) ⚠️The price is still fluctuating in this sideway range and does not follow a specific trend, we must note that in this range where the price is currently, there are all kinds of resistances and it will not be easy to break all these . We have to see how the price reacts to the X-Point.
ETH/BTC Risk Reward Entry ChanceI strongly believe that ETH keeps on outperforming BTC for a while. That's my entry.
ETH/BTCEthereum looks bullish since it broke the descending triangle, now it's trading inside an ascending rectangle.
ETH/ USD ALERT !!one of the many possibilities of the eth price action against usd is the following :
ETHEREUM seems to be forming a double top or M pattern formation , that if completed , and suppot around 3k got broken , than the next area to watch is surely the 2.6k level . ,lets see, but from the spike that eth or btc had , the volume get decreasing and decreasing .this does not mean the market has to go down , but keep in mind nothing go up straight .... have a nice trading session
ETCUSDT (Ethereum Classic) : Just Bought That ... ✅Let's buy Some #ETCUSDT (Ethereum Classic) ✅ , Shall We ?? Amazing Chart , Isnt it ?? ✅
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
HEAD AND SHOULDERSETH broke out from this ascending wedge to 2945 and came back to retest the trendline above 3300.
We'er currently forming a head which will bring us down to the neckline 3130
-LAST SHOULDER WILL COME BACK UP TO 3300 AND DROP DOWN TO BREAK THE NECKLINE AT 2950
-BUY AT 2515
-
ETH/BTC Pair Set to Make New ATH?Ethereum is steadily gaining on BTC.
As shown in the chart, we have a lengthy bull flag breakout targeting a move to approximately 0.177 for ETH on the BTC pair.
With the EIP-1559 Ethereum burn activated, there have already been over 70,000 Ethereum burned.
Couple the deflationary component with Ethereum 2.0 staking, and the ETH circulating supply is going to drastically decrease.
I expect an ATH for Ethereum against BTC by end of year.
Thanks!
- CA$HLESS
ETHUSDT 1D : did you see the break ? ✅As we can see, the price broke the downward trend and we can expect growth to the historical high (Highet High) .
Agree or What ??
Ethereum at Relative Highs!!Ethereum has caught momentum and we have broken through relative highs. The level $3324 provided significant resistance recently, but it is now providing support. The Kovach OBV is still a bit flat, and is turning over, so we will see if we have enough momentum to sustain these highs. If not, $3200 should provide support. There is a fairly wide gulf between current levels and our next target at $3473.
ETHBTC To the Moon ScenarioScenario: Macro Cup & Handle plays out...
This assumes the crypto market becomes bullish again and we get that final leg up in the bull market. ETH will become the strongest altcoin ever EOY.
ETHBTC Consolidation will be the key for Altcoin strength. ETHBTC has been in consolidation for the past 4 months. Once this starts to breakout there can be alt season in which the likes we haven't seen before. ETH out performing BTC at these levels will be key to understanding when to take the bigger risk on plays. COINBASE:ETHBTC
Defi Disaster - $VIX Spike Imminent - Currency Wars Looks like back to dollars. JPow says CBDCs and the DigiDollar will suffice. Bitcoin and the digi pogs "NOT NEEDED". .... as currency anyways. Perhaps a collectible from 2021? *valuation matters in rising rate environment. Ppl play crypto because it's volatile and always up. #holdforbroke
It goes both ways....
#storytellers abundant
*buyer beware
ETHUSDT 1D TF (Update)Well, as we can see, if the price can break this resistance level and close above this level, we can expect it to move up to the specified targets.
ETCUSDT 1D TF : Long or what ??As we can see, after breaking its downward trend, the price is gathering strength to start a strong climb.
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
(DYOR)
BITCOIN ANALYSISBTCUSD rebounded from the uptrend line
price above SMA 100 and key level around 42000
MACD shows bullish momentum
RSI above 50
if price breaks resistance level 1 around 48000 it will confirm bullish movement to resistance level 2 around 54000
Buttcoin failed breakdown, onward and upwardsfailed breakdown on a 4hr chart but important we hold that trendline on daily/weekly close. looks like it may want to push to 50k this week
