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Ethereum-bitcoin

Ethereum Time Based Theory {UPDATE}My time based theory is still in play, and with CPI print being released tomorrow, I think the probabilities are pretty reasonable that Ethereum is going to get extremely volatile, get close to one of these two key levels, and do so roughly around the date I have plotted with a vertical line. This theory is based on bitcoin having the same type of time based volatility over the last year. Let me know if you would like more details on bitcoins time based volatility. It is truly fascinating.
Long
by ChazzyFreshh
Something big is brewing with ETH?Ethereum has outperformed bitcoin in the bear market and has outperformed btc since 2020. The price of eth-btc pair has gone sideways while bitcoin has seen a decline of over 70-75% in the last year or so. So what is going on with ETH? On- chain statistics say a story that is quite remarkable. A networks ability to survive does depend on its transactions , because if no one using a crypto currency for transactions - it will die. While bitcoin's everyday transaction count on average has remained stable for over 4 years at an average of 250k transactions a day, Ethereum has continued to out perform bitcoin by 4x the number. Ethereum transaction count during the same period has sky rocketed from 300k transactions to averaging over 1.2 million transactions per day for the last 2 years. Ethereum use in every single crypto product out there speaks its own value. source : glassnode. Thus my opinion despite the bad news is that Ethereum is not to be under-estimated. Bitcoins current world Marketcap is 384 billion dollars. Ethereum is valued at almost 167 billion dollars. Ethereum is already half as valuable as bitcoin, But Ethereum is still a risky bet - It is CENTRALIZED - its product has depended on the leadership and skills of Vitalik since its inception. The SEC can declare ETHEREUM a SECURITY at any time - which makes it a risky bet still. If Ethereum is recognized as such it will create a host of problems for the entire crypto economy. It remains to be seen what happens next - If ETHER is OFFICIALLY recognized as a security by the SEC we can forget the flippening ever happening. Whether this sideways movement is DISTRIBUTION or further accumulation, only time will tell. I own some small amount of Ethereum in case it ever moons, but not too much to be up at night worrying about the price. What are your thoughts? do you think Ethereum will flip bitcoin or will ether be recognized as a security which will doom a much broader crypto eco system?
by one-two
3
Gala To $0.058 Cents Again In The RageGala has been having tons of volatility and as of right now we're at the bottom of this channel on the 30 minute time fame. Mostly everything has taken a slight dip this morning. The short term trend is still bullish and I believe given the volatility we should see a revisit to the point of control on this range which is at around $0.058 cents. The 30 minute MACD is looking like it's setting up for a bullish divergence as well. The $0.06 cents area has been given Gala a lot of resistance so be mindful of that. Remember this is very short term much peace, love, health, and wealth! Target: $0.058 Cents Stop Loss: $0.055 Cents
Long
by peacefuljustin
Bitcoin | Out of the woods at last?A while ago, I posted on why SPX was not in the clear. Today, I will cancel myself out, like a common contradictory human being you will find out in the wild. This chart above is the BTC rolled chart back in 2015. Back then, very few knew about it. So with this short idea, I will try to get into the mind of the trader in the past, our ancestor. First of all, the elephant in the room: we missed a significant trendline. Price in the 2014 sell-off missed the trendline, and bearishly retested on it. Now on to the 200EMA. Since the weekly one is too long for the history of the chart, we step into the 3D one. What we see is that for the first time ever, we are below it. And VERY low at this point. It kept going down and down from 2014. Let's see some retracements. The November 2011 bottom is a good start to analyze from. Most tickers begin at around that time. We are below the .786 mark, by the looks of it. We should reach the .618 mark if we look for a bottom. What would a trader think back then? Probably the same that they would think right now. So what did price do back then with all that negativity incoming? Just this boring wick... Anticlimactic I know. Finally, look at this macro chart. Observe closely the RSI and the MESA Stochastic. Absolutely identical. Moral of the story? A failed EMA is not the end of the world. A violated "logistic growth" curve whatever that means, is not important. When charts grow for weeks, then months, then years, we should analyze them with longer and longer time intervals. For example the 200EMA on the 1W timeframe may not be significant now. We should switch to the 2W one. Final note: I tried constructing a custom RSI indicator, which could need improvement. What I have basically done is add an ATR band around it (inspired from the Keltner Channel indicator - which doesn't work if we add it on top of another indicator). ATR bands are EMA based and I find them more useful/accurate than Bollinger Bands. I will briefly explain one final thought. This chart above shows us the times when on the 2W chart we had "capitulation". That is RSI penetrating the lower ATR band. A closeup view follows: Back in 2015 we had capitulation on the 2W chart, now we have both in 2W chart and 1M chart. And an extra chart for today: This looks bullish mate... A Wedge pattern like a bull flag, with Stochastics giving us a big thumbs up. Again, just like in 2015. Bitcoin has grown up, it is now 14. It acts as a grown-up, in longer-lasting and more clear and decisive moves. If we wish to treat it as a grown-up, ourselves should grow up first. Another moral of the story: One way traders fail, is when they expect further drop that the drop already occured. When they expect more growth than the growth occured. It is the fear of missing out, only in reverse. Many, myself included, are posting on why Bitcoin will fall to 10k or less. It is THE SAME thing we had back when Bitcoin reached 70k and we were sure of 100k. Again, time to grow up, myself included. PS. Maybe we are in 2015 after all... I am a contradictory human being, don't judge me. Tread lightly, for this is hallowed ground. -Father Grigori
INDEX:BTCUSD
by akikostas
3
Is Ethereum going to dethrone the king!?This is the million dollar question. This has been a topic thrown around from time to time. Will Ethereum pass Bitcoin, Blah Blah blah. This is the first time I feel there is any evidence towards it. Let's take a look, as do believe that this could happen either before the next bull run or during the next bull run. Ethereum for the time is showing strength against Bitcoin in a bear market. We can clearly see it here in the Market caps of ETH and BTC as there is a clear divergence that has been made. ETH came close before in in 2018 at it's peak of the bull run. Ultimately in the bear market the gap of ETH market cap widened as it corrected much harder. Even with this divergence the gap percentage in 2018 was smaller than now but ETH has never shown us divergence against bitcoin. ETH along with every other altcoin has shown weakness and has fallen off drastically against BTC in bear markets, so this divergence is strange to say the least. What will it ultimately lead to? We don't know, but if it keeps up, it will eventually dethrone the king. It could just be signs of an alt-season that could be brewing. we don't know, time will tell us. One thing is for sure, there have been a few first times in the last two years and this is just another for the list. The crypto market is changing and growing while showing some different dynamics in my opinion. The indicator below shows ETH Volatility. The thing of importance is that the volatility has kept going up while the market cap of ETH has reversed course and has begun rising and showing strength while bitcoin's market cap fell more. Another thing to note is that this divergence started before the FTX collapse but even after it amongst all the fear ETH has stayed the course and it actually confirmed this trend and strength because of it. I have gone long with the chart as I do believe this trend will continue at least for the short to medium term. Please let me know your opinion down below. Let's see what people are thinking on this subject. Kind Regards WeAreSat0shi Stay Blessed!
CRYPTOCAP:ETHLong
by WeAreSat0shi
1
$ETH leading $BTC again - Looking better, againNot much buying in $BTC & $ETH Technically #BTC looks ok #ETH looks bit better Need 2c conviction & volume is simply NOT THERE Some technical improving on DAILY but NOT weekly More on #bitcoin & #ethereum below Weekly & daily chart - $ETH breaking ^ resistance, orange Bullish moving avg crossover RSI healthy #ETH weekly ABOVE RED Mov Avg RSI getting there Potential double bottom NO BUY VOLUME Small downtrends BUT MAJOR, YELLOW = problem #ethereum leading $BTC Need #BTC 2 LEAD #crypto
CME:ETH1!
by ROYAL_OAK_INC
ETHEREUMSubscribe and get a free trading strategy for Bitcoin and other instruments every day! Happy New Year and Merry Christmas my dear friends!🤑 Take a look at the chart, please! I show you two scenarios of the price behavior. Every zone supports or resists ETH. Now it's above the dashed line so a long scenario is more possible! But if it will be broken we should use a short scenario. P.S I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))
by Anton_t_t_t_eng
3