ETHBTC divergence on 4hrs Waiting for pullback before speculate to any more long. Green triangle the target zone. Between FIB 0.38-0.5 somewhere. I'm not shorting this, only waiting for good long entry.
next short based on fibonnaci level and elliot waves. last wave seems to be a corrective A ending
ETH still losing ground to BTC, with BTC still not done yet imo. Possible retest of channel bottom - rejection confirms downtrend otherwise waiting for LL for short signal Watch the 0.014 level!
We already wrote about ETH potential growth. You can find it in related ideas. If history repeats itself and usually it does we should reach the short term bottom before the midterm growth can begin. BTC dominance is around 70% and when we reached around 55% it went sideways so altcoins started to produce some results. That looked mostly like bounces. However,...
Ethereum's Bitcoin pair has recently broken out of a many year descending triangle setup. The question now is whether we breakout to the downside, or upwards. Remember symmetrical triangles, especially on a shorter timeframe are almost always continuation patterns.
see chart for range. This ratio seems to be strongly anti-correlated at he moment. If BTC drops, ETHBTC will rise. I don't like to short, so am using this as a hedge. At the end of the day, ETH and BTC are the only two major cryptos I would accumulate anyway. IMO if you are the kind of guy that needs to buy bottoms, you will be weeded out by natural selection anyway.
waiting for ETHBTC to either breakout or breakdown from this current support/resistance zone ... whatever direction it decides, I expect a big move
Hi Traders! Welcome to this update analysis! Let’s get right to it! Looking at the Daily chart . Now, before we get bullish or bearish , we have to assess the data on the chart. If the most recent arrow is red, you should be short. If the most recent arrow is blue, you should be long. Keep your Stop Loss at 5% of the price. Looking back at the action...
Simple fractal recognition. Identical candle behavior on 1W at the beginning of the historical chart with the current set up. This may possibly mean that the cycle is starting over, which in turn indicates extremely strong bull bias.
*** THIS IS NOT AN ADVICE, DO YOUR RESEARCH AND TRADE WITH YOUR OWN RESPONSIBILITY*** We've seen BTC skyrocketing like there is no resistance so far ever since the breakout from $4,000. Historically ETH has been following BTC and even outperforming its master during the euphoria periods. Everything is pretty much ready to take off at the time of this...
ETHUSD is in a similar position to bitcoin at the moment. However I believe we will see a tailing off of volumes which will inevitably send prices lower as buying power fades out at these prices. We provide commentary on all crypto futures and hold portfolios as indicated. Best regards, Grey FX Empire
ETH/USD (BitMex) Last time was stop loss. Amount of investment is increased by x2. There was a false breakdown and now a new top will be updated. Struck and closed higher on Daily chart. --- Buy = $158.75 Take Profit = $190.00 Stop Loss = $142.75 --- Take Profit (x5 Leverage) = +98.45% Stop Loss (x5 Leverage) = -50.40% ---
Pair: ETH/BTC Exchange: Huobi Trade Duration: Short Trade Direction: Short (sell) Leverage: 3x Risk: High (margin trading is extremely risky and you can lose your entire balance) Our Entry Zone 0.034200 - 0.033000 Our Targets 1: 0.031165 2: 0.028313 Our Stop Loss: 0.036079 Don't forget to hit that like button and give us a follow , we...
Price has been slowly declining which makes me think this could be down based on what happened the last time price was in this area.
Ethereum as number 2 cap during " great depression on Bitcoin" (3200$/per Bitcoin) was worth 82$. Upon Bitcoin rebound was among the first one uptrending and gaining most thefore uptrended 82-157$ (while Bitcoin was moving toward 4200$ and failed in "previous round"). In % terms that is nominal USD gain of 91% which is very impressive having on mind we talking...