By thoroughly examining more data, we found that Ethereum is located in a large triangle. This analysis was done with much more data. The green range is where Ethereum's 7-year dominance triangle could end and witness heavy pumping of Ethereum and altcoins. Our view on the dominance of Ethereum and alt-party is as you can see on the chart For risk management,...
Ethereum dominance has a potential golden cross of its 50/200 day EMAs and MAs in progress as it tests the top of both along the neckline of a W pattern. The question is how high it'll actually go. For Ethereum to become really bullish again vs. BTC, BINANCE:ETHBTC needs to reclaim the 7.2 year uptrend it lost back in March:
As a rule ETH dominance (yellow) seems to always drop as BTC dominance (red) rises This is evident on chart
as we can see due to BTC dominance increase the Ethereum has fallen back and trying to recapture the market as it is now in the accumulation zone and getting back to its Distribution zones as we had analyzed the BTC dominance and that was more on the Fall side so we can conclude that the ETH.D is in a good Up Rise and i.e. as BTC.D falls so Does the other Cryptos...
Even though BTC Correction and the effect make other coins correction too include ETH but seem having strong support around 3926-3994. The correction around fibonacci 0.382 area also price above EMA 50 TF 1D and EMA 300 TF 4H. Good sign but wait for confirmation break out.
A Gann Fan analysis Using the downtrend we can plot two points of Gann (2/1) and (8/1) both can be seen to be support points for the price The uptrend Gann fan shows continually hitting of the top (1/2) seeing this we can assume that pressure is building up at this resistance point, and the bullflag that has formed above the (8/1) Gann line will smash this...
Hello cryptofolks Based on this Idea we Ethereum has a good chance to try to flip $BTC marketcap dominance...at last if doesn't flip bitcoin for sure can indicate a HUGE altseason that crypto has ever seen Keep the fingers crossed -Goodluck
- The chart is printing a bullish consolidation pattern (rectangle, triangle). - The Ethereum dominance should reach 27% in next weeks. - Be sure to hold some ethereum as we are still very early! - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you...
BTC Dominance Chart on a monthly basis. RSI has created a double bottom so expect a good sign of upward movement soon. Possible bad sign for altcoins for a period of time as BTC dominance goes up. Let's hope Ethereum and other Alts can have their happy day before dominance moves up too fast. Disclosure: This is just my opinion and not any type of financial...
Using this indicator we can view the "alligator" eating bearishly, heavily, on BTC.D which is a sign that more people are moving to ETH We can also see the direct effect on ETH.D with the alligator indicator eating bullishly These are monthly timeframes In short, it looks bright for Ethereum and altcoins, while dominance for BTC is struggling I am long ETH
Quick post suggesting two very different paths to a new ATH for Ethereum Dominance. Both require us getting and holding above 20-21% in the near future: Proposed Path 1 (white path) - a move to 25% or slightly higher, then a massive drop to ~9.25, followed by an epic rise to new ATH Proposed Path 2 (blue path) - a move to or above 25%, small correction (re-test...
Ethereums dominance is looking fantastic pushing upto the 20% level! igniting alt season as BTC dominance continues to fall! The MACD looks very good we are seeing a healthy green bar for our first on of this cycle after very recently getting that bullish cross! We are already seeing some good separation in the MA's and we will need to continue to see this if we...
ETH.D could reach 33+ % if we can break above the neckline here @ 20-21%. Failure to do so could see a massive drop in the opposite direction.
Ethereums been outperforming BTC recently with ETH's dominance starting to climb back up, i think we can easily expect new yearly highs for ethereums dominance based on how fast it is growing plus the soon to be deflationary asset will grow demand wise, we had a yearly high recently of about 21% and i think we are bound to make our way upto atleast the 22% level....
Ethereum Dominance We have: to wait for the reaction to the resistance level If broken with a strong candlestick, The price is expected to reach ~20.30%
Ethereum looks bullish against bitcoin in BtcEth pair Macro targets in the chart if the bull pennant breaks out as the plan. Take under control Bitcoin and Ether dominance to have more accuration if you trade Btc\Eth Ethereum can overperformance bitcoin in long term You dont need sell ethereum in usdt, just swap it in bitcoin for higher gain
ETH.D has provided us with a flag that will act as the ammunition for a breakout A break through a key fib level from the downtrend and a fib level from the uptrend Areas in red prove the fib circle, as can be seen trending around the circle Ethereum is very hot right now This is the chart for Ethereum Dominance
Everything with Ethereum is remaining bullish. We should see this hit 5k soon before a major selloff. Indicators are showing no signs of stopping soon, with the exception of RSI being overbought, but that hasn't stopped any other coins this alt season.