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🚨 CRYPTO REVOLUTION: 0.5 BITCOIN FOR KEFIR 💊 PART 3📣 Hello everyone! I believe that we are witnessing a global uptrend in the ETH/VTC trading pair and the value of Ether in relation to Bitcoin should grow over time. In May 2017, the first wave of the cycle ended, then in September 2019, the correction in the wave of the II cycle ended, after which the long-term impulse wave of the III cycle started. In the wave of the III cycle, an impulse wave has already passed at the primary level, and at the moment the market is busy forming a wave of correction of the primary level. I expect the correction to end at 0.037 minimum in July 2024, maximum in September 2025. After the correction is completed, according to the logic I have built, a long-term uptrend should begin, the minimum goal of which will be 0.55 Ether per Bitcoin coin. ⚠️ Think for yourself, decide for yourself - good luck in making independent trading decisions and profit ✊ Goodbye!
Long
by AnonymousTraderAcademy
2
ETH / BTC Secondary trend. Descending channel. Wedge. 18 10 2024A local wedge-shaped formation has formed in the descending channel in this ETH/BTC trading pair. There is potential for a breakthrough and price growth, to the resistance of this descending channel. Perhaps after consolidation. If this happens, then most of the “long-suffering” altcoins will similarly go up in price, but with a larger %. The local alt season will begin. This trading pair clearly shows how money flows from one high-cap asset to another. Shown on the chart. Look at the time and the Bitcoin to Dollar chart, at the time of the breakout of the symmetrical triangle of the distribution zone downwards (weakness of Ethereum relative to Bitcoin). Since then, Bitcoin has grown in price by almost +200%. While Ethereum relative to Bitcoin has weakened by as much as -50%. Now there is a reverse flow of bitcoin into ether, and some alts, for about 1.5 months already. Then, the money will flow into a variety of alts, which will consequently be reflected in their prices a little later. Today is a significant date 18 10 2024. There are 18 days left until the US presidential election. Remember, about this, where this zone is in the main trend.
Long
by SpartaBTC
1
[ETH/BTC] Divergence at bottomBITFINEX:ETHBTC looks interesting. Big brother Bitcoin seems to overshadow Ethereum since forever as we can see the ratio keep getting lower and lower from time to time. But something interesting seems to be happening at the moment as the price is making divergence setup with MACD still keep rising up to today. If this thing blow to the upside, then we might see a jump in ETH price, at least for the short term, in comparison with its big brother Bitcoin. Cherio...
Long
by moressay
ETHBTCLong term trend line being revisited this week... Haven't seen that for eth in a while Is this the psychological low or is eth destined for obscurity diluted out by other layer one chains... From the stats I've seen from eths l2chains the eth economy is well and truly active with scaling nearing completion Solana is the nearest competitor by use but the chain has decentralization issues and therefore has shut down multiple times in the last few years for periods.. Ethereums security lies in being able to access the network at all times.. something no competitor has managed at scale as of yet
Long
by olliecoughland
ETH / BTC: A Potential Shift In Performance It's no secret that Ethereum's price performance has been relatively underwhelming in the past 1-2 years, lagging behind the broader market. A more clear picture emerges when we examine Ethereum's performance against Bitcoin. On a weekly timeframe, the ETH/BTC chart reveals a long-term uptrend channel. However, within this uptrend, the pair has been in a downtrend since December 2021. Essentially, the price has been moving from the upper boundary of the uptrend channel towards the lower boundary. It appears to have reached this lower boundary recently. This suggests that Ethereum might be poised for a period of outperformance relative to Bitcoin. Note: This doesn't imply a massive shift of capital from Bitcoin to Ethereum. Rather, it suggests that Ethereum could potentially appreciate at a faster rate than Bitcoin. The conditions for this shift may be maturing.
Long
by huecoshunter