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ETHRIUM has Enogh With DownTrendHere is My Study on ETH Against Btc. This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency, Forex or Stocks. Please conduct your own research and consult with a financial advisor before making any investment decisions."
Long
by MoonTradingForecast
1
#ETHBTC - A Small Short Trade Here, But What's Next?After some mega trades throughout 2022 with #ETH #BTC we've been a little quiet recently ranging within a smaller channel with trades showing small profits and/or small losses. We've got a chance now of another small profit from a Short trade but the real question is what's going to happen next? When a breakout of this ranging market happens (which it will!), the direction #ETHEREUM heads is up for debate! What do you guys think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ Crypto Tipster v2 by theCrypster
Short
by theCrypster
4
ETHBTC - After Rejecting the Downside, We've got an Upside!ETH and BTC have quite closely correlated over recent times, with the price somewhat consolidating in this ever-tightening wedge formation. This wedge is coming to a close soon, but there's still time to profit from a few more swings! We've received a Buy signal from CTv2 shortly after the price tested and was rejected by the lower trend line, this should indicate a move to the upper trend line - total profits of well over 5%, not bad for a few days! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Long
by theCrypster
2
ETHBTC not looking goodETHBTC possible pathway in upcoming weeks and months.Indeed there is nothing certain but this pathway is possible considering the weakness of ETHBTC with lower highs and standing in critical area close to the trend line which has acted as support during the Trend toward upside.A break to the downside can make Altcoin market to bleed heavily against bitcoin which corresponds to idea of bitcoin dominance increasing(in related ideas).RS regions are depicted on the chart.Red line is midline of the bigger range.blue lines are midlines of the midranges on either side of the bigger range.Lets see how its gonna play out…Always a student!
Short
by Keihan95
#ETH Bulls Firm, But Will ETHBTC Slow Down at 0.072BTC?Past Performance of ETHBTC The uptrend remains valid, but ETH buyers have been flowing back. In a retest of the previous support line, buyers found resistance at 0.072BTC. There is a double bar formation signaling weakness. For ETH buyers to take over, there must be strong reversals of yesterday's losses with rising volumes. In that case, ETH will snap back to trend, qualifying the recent bear breakout below the wedge as a bear trap. #ETHBTC Technical Analysis The bear bar of January 24 defines the current formation, placing BTC buyers in the picture. After a 5% gain in the past two weeks, ETH found resistance at 0.072 BTC. If the uptrend is to continue, reversing losses of January 24 and canceling out sellers of late January, the breakout back to the rising wedge ought to be with expanding volumes. Buyers would, should this happen, set sights on 0.078BTC or January highs. Conversely, confirmation of yesterday's losses may trigger more sell-off, triggering BTC demand. In that likelihood, bears may ride the emerging trend, targeting 0.065BTC and confirming sellers of January 24. What to Expect from #ETHBTC? At the present formation, sellers are in control in the short term, syncing with the bear candlestick of January 24. Conservative traders can wait for losses below 0.065BTC before adding to their shorts. Any surge above 0.072BTC will invalidate the bear breakout and likely form the base for a leg up to the January high. Resistance level to watch out for: 0.072BTC Support level to watch out for: 0.065BTC Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
ETHBTC - A Quick FakeOut Followed by 5-15% DeclineHey guys - Just taking a quick look at ETHBTC and it would seem we've experienced a little fakeout above trend levels only to experience quite a sharp decline to the point of breaking below recent support. There is still strong support located around 5% below current price so this may act as a natural level to reject the downward momentum - or ETH may well break below this level too on it's descent to an overall 15% loss. Either way we've got a Short signal from Crypto Tipster v2 and if the last 2 years of signals are anything to go by, we trust this to provide some good results! If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Short
by theCrypster
6