ETHBTC updateLooks like its playing out so far. Still hasn't retraced to the level I was expecting. Next FOMC is probably going to have that push down? We'll see what happens.
BTCETH trade ideas
ETH/BTC Pair found strong supportETH/BTC pair
Found strong support at a very old fib level back from 2019 bottom to 2021 top on this pair. (Green lines)
I think ETH/BTC breaks out of the downtrend and along with that ETH dominance raises, alts run along ETH.
Longterm targets are the previous high are 0.086 - 0.08 and then 0.11 for in the bullrun
ETH/BTC pair looking stron on daily.Here is our beloved ETH/BTC pair showing good strength after clearing some of those lower orderblocks.
Nothing has changed, i still think we go 0.08 and if its a strong alt run even 0.11.
ETH/BTC High interesst zoneEth should have finised its wxyxz correction and soon should push aggressively against btc over the next months
Big ETH/BTC move 2023/2024Some long-term trend lines to consider, and note STOCH is at a consistent low while RSI remains neutral. Could see a low of ~0.055-0.058 and reversal above 0.073 would signal bullish.
Flippening 2023?
Arise chikun arise!
Eth 7.9.23Bullish on Ethereum but way longer term. For now I still see a very weak structure that needs to stitch together the entire bottom range. Seems alot like BTC in 2019 Fall where Btc lulled sideways for many months. I remember this clear af "Last chance to get BITCOIN. Never go under 10k again" Thats all I heard and I'm seeing alot similarities to that time. Could def retest the lows before the giga bounce later after the halving.
ETHBTC analysisUpdate on ETHBTC! playing out so far. I have a very strong feeling that crypto is about to retrace hard before the bull run. There has been a lot of news regarding Bitcoins ETF filings with a handful of big companies. Once the money floods into the crypto system, that's when you will see the big push.
Ethbtc pairI see a possible retrace on the 1-year of the ethBTC pair to the .786 fib.
ETHBTC pair, the price has been in a downtrend since reaching a high of November 2021.
Here are some other factors to consider when trading ETHBTC:
Fundamental analysis. Fundamental analysis looks at the underlying factors that affect the price of an asset, such as news, economic data, and regulations.
Market sentiment. Market sentiment is the general feeling of traders about an asset. If market sentiment is bearish, it could mean that ETHBTC is more likely to fall.
Volume. Volume is the amount of an asset that is traded in a given period of time. If volume is high, it could mean that there is a lot of interest in ETHBTC and that the price is more likely to move.
By considering all of these factors, you can make a more informed decision about whether or not to trade ETHBTC.
ETHBTC: OVERVIEWDisclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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ETH/BTC 2023 and Beyond Hello,
In regards to BINANCE:ETHBTC , my expectation is that we'll see a series of fluctuations in its trend. It's highly likely we'll witness a decline from the existing rates as the market hunts for a purchasing trigger. This is the phase in the Bitcoin Bull cycle where altcoins are conceding, leading to an increase in Bitcoin's dominance.
Best Regards,
Stardust (@TrendmapTM)
Will ETH explode before BTC? ETH/BTC is at critical level, if it holds the FVG and break the previous weekly High, we will see ETH explode upside first and then BTC next.
SHAVAN IRANIAN SHARE HI, i absolutely buy this share around 24000 rial ( that is clear on the chart) ,, I want to take more than 60 % from this share ......
Good Luck
ETHBTC journey in the descending channelHello! Today we will consider an unusual pair - the ETHBTC cross. In the previous idea, this topic was raised, so let's look at the graph in more detail. Globally, on a timeframe of 1 week, the situation for the ether is not very rosy, since there is currently a trend for short. But on the daily chart, ETHBTC goes in a descending channel and draws a divergence at the lower border of the channel, so you should count on a rebound and go at least to the upper border at 0.07.
ETHBTCDisclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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Cup and Handle Pattern in Ethereum btc PairCup and Handle Pattern in Ethereum btc Pair in playing lets see what happined next
Wolfe Pattern + AB=CD Reversal ZoneTaking note of a few items on the ETH/BTC chart.
After the SEC Binance and Coinbase legal complaint there has been a noticeable drop of in ETH/BTC's performance. This deviation from the trendline might mark a shift in the trajectory for eth for a while. OR, it was a fake-out, and can be seen as such.
On a higher timeframe the chart has been correcting. If elliott waves can be counted, perhaps this is near the end of a corrective wave 2.
There are noticeable pivots to identify a rather clean 0.618 AB = CD.
I've also indicated the path/plan for a wolfe pattern trade setup.
Worst case scenario might result in eth revisiting lows near 0.04 BTC, to complete a higher time frame Gartley pattern.
✳️ Ethereum vs Bitcoin | Round 2Last year Ethereum bottomed 13-June vs Bitcoin (ETHBTC). What followed was a 74% bullish wave.
This year we see Ethereum undergoing a prolonged sideways correction vs Bitcoin and there are signals/possibilities of a low being hit. This can lead to a new bullish wave.
The last low was hit 23-June. A similar bullish wave to last year and send the ETHBTC pair flying up to the moon/sky.
Everything grows in July when it comes to Cryptocurrency, this is true in the last few years, the summer tends to be good for Crypto.
This is all I wanted to say.
These are just signals and the market is unpredictable, things can change.
Remember to build a plan before trading.
This is not financial advice.
Thank you for reading.
Namaste.
✳️ Ethereum vs Bitcoin NEW | Bullish Impulse (5-Up) 7X lev.Hello my dear friends, I am back on ETHBTC with lev. but I just want to show you the chart.
The doubt that always creep in is this, "If Bitcoin is growing, how can the BTC pair of any Altcoin grow at the same time?"
If Bitcoin grows the ALTSBTC pairs are supposed to go down, simple thinking based on logic but reality and logic do not go hand in hand.
Proof.
✔️ ETHBTC grew from June 2022 through August 2022, together with Bitcoin.
This means that ETHBTC can grow even if Bitcoin grows. It can grow apart from Bitcoin but also together, this doesn't really matter.
The MACD is showing a young bullish cross.
The RSI bottomed hitting oversold and is now neutral but trending up.
A new bullish impulse can develop.
After the 5-Up wave pattern last year, we had a long corrective phase.
You can tell this is a corrective phase because you cannot draw a 5 wave pattern in anyway.
When a 5 wave pattern is not do-able, you are most likely than not looking at a correction (Elliot Wave theory).
To me this opens the potential for a new impulse.
Even without EW the chart structure, market cycle and other signals all point to a potential upward move.
Charts can change, things can always change and thus one has to plan before deciding to trade.
This is a very low risk set up, the 20-March low can be used as the stop-loss. Any trading above this level and up we go.
We have about 5% risk with 25%+ potential for reward.
We are doing 7X.
Capital allocation is 3%.
This is not financial advice.
I love you.
Thank you.
See you tomorrow... Or see you later on today?
Whatever, I am happy.
Namaste.
Brace Yourself: Ethereum's Bearish MomentumETH/BTC Technical Analysis: A Bearish Outlook for Ethereum in BTC Pair
In this technical analysis of the ETH/BTC trading pair, we will examine the current state of Ethereum in relation to Bitcoin. We will analyze the chart patterns, trendlines, and key levels to provide insights into the potential future movement of Ethereum. It is important to note that this analysis is for informational purposes only and should not be considered financial advice. Investors should conduct their own research before making any investment decisions.
Chart Analysis:
Ethereum is currently trading at 0.065 BTC, and based on the chart, it is evident that the cryptocurrency has been gradually working in a downtrend. The symmetrical triangle trendline has recently experienced a breakdown and subsequent retest. This indicates a bearish signal for Ethereum in the BTC pair.
Price Targets:
The first target for Ethereum in the BTC pair is expected to be at 0.055 BTC. If the downward momentum continues, the second target lies at 0.048 BTC. At this level, we may anticipate a potential bounce-back as it coincides with the 0.618 Fibonacci retracement level.
Important Considerations:
It is crucial to keep in mind that if the price breaks below the 0.048 BTC level, it could further extend the downward movement, potentially reaching the 0.037 BTC level. This could provide a favorable entry point for investors, but thorough research is advised before making any investment decisions.
Conclusion:
Taking into account the technical analysis of the ETH/BTC trading pair, it appears that Ethereum is currently in a bearish phase. We anticipate a potential 30-50% decline from the current levels. However, market movements are subject to various factors and should be carefully monitored. The key support levels to watch for are 0.05578 BTC, 0.048 BTC, and 0.037 BTC, while the resistance level stands at 0.072 BTC.
Disclaimer:
Please note that this analysis is not intended as financial advice. It is crucial to conduct your own research and analysis before making any investment decisions. Cryptocurrency markets are highly volatile, and investments involve risks. Always seek professional advice when considering investments.
ALT SZNEven though BTC rallies seems interesting to us customers, not many people do make significant gains compared to alt coins hence most people has investing on alt coins.
Hence, this logarithmic eth/btc graphic can be a valuable insight to see the valuation of alt coins compared to Bitcoin. Right now it is getting closer to its support levels, thus it might worth the risk in the future if we believe that alt's will show their strength in upcoming halving.
Not a financial advice
ETHBTC looking strong and ready to rallySince BTC topped around 31k, ETH has outperformed BTC. It looks like ETH is slowly gaining more and more, as more ETH is being slowly burned through EIP-1559 and more ETH is being staked. As ETH outflows since the Shapella upgrade have peaked and inflows are dominating, ETH now has a yield of about 5%; ETH looks more attractive than BTC.
Of course, BTC has its upcoming halving less than a year from now, and recently Ordinals have given Bitcoin new life. As gold was rallying, the digital gold narrative was also more robust. However, Ethereum has seen its Layer 2 protocols gain more and more traction while AI stocks are pumping like crazy and gold is dumping. Essentially flexible tech is preferred to stable and inert metals.
ETHBTC has almost completed a breakout, as it hasn't fully reclaimed all key diagonals and the yearly pivot. It has reclaimed all critical support, penetrated the 0.06-0.066 area, which I was expecting to happen for a while, and is now looking solid.
Someone could go long now, with a stop loss below 0.064 or waiting for the full breakout. Someone could wait before going long for BTCUSD and ETHUSD to have a failed breakdown by hitting 25700$ and 1720$, respectively.
ETH/BTC Analyze (Road Map, 06/23/2023)!!!🗺️First, let's see what the ETH/BTC chart is advantage :
It shows us whether to invest in Bitcoin or Ethereum, of course, according to the market cap of cryptocurrencies.
Considering that more than 80% of the tokens are in the Ethereum blockchain . When ETH/BTC is bullish, Bitcoin dominance is bearish, and the total market cap is bullish, we can expect the start of the Altseason .
ETH/BTC is in the form of a zigzag(ABC/5-3-5) corrective structure so that the main wave C is forming an Expanding Ending Diagonal .
I expect microwave 5 of main wave C to finish in the 🟡 Price reversal zone 🟡 and 🟢 heavy support zone 🟢.
Ethereum/Bitcoin Analyze ( ETHBTC ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
8h Rising Wedge Targets Bottom of Daily Falling WedgeThe 8 hour chart shows a rising wedge. Its 1.5x target lies near the bottom of a larger falling wedge as seen on the daily or weekly charts.
Short until reaching the bottom of the wedge, then long.
