ETH/BTCETH/BTC showing seller exhaustion on this most recent capitulation and is at the PCZ of a bullish informal M-shape harmonic structure.
This looks like an easy to manage risk area, further confirmation would be preferred but this chart generally acts like more of an oscillator than a traded asset.
Trade with care. : )
BTCETH trade ideas
EthbtcMonster range
No idea how the market let's this continue with what is likely to come
Still highest tvl of any chain by far
The chain and its infrastructure works alot better than when the range high was put in in early 2021
This cycle hasn't been an easy predict at all especially in terms of eth
That being said its going to have to run this back at somepoint
The cycle can't be over with orange man in power..
ETHBTC - 2 ETH may soon buy 1 BTCBINANCE:ETHBTC is one of the most hated trades on the market right now. And based on price action from recent months and years - definitely for good reason. Ethereum is being viewed as a stale rust-bucket compared to the superior monetary properties of Bitcoin and the younger exuberance found in Solana. However don’t bet the house on that narrative continuing over the coming months. To me it seems that Ethereum may well have its time to shine once again...
Reasons to be super bullish
As crazy as it may be to say this, Ethereum can soon reach the rather insane price target of 0.5 BTC per ETH in the coming 18 months.
The pattern for the last 6 years has been one of accumulation, Wycoff Accumulation to be exact. Just look at similarities with an example pattern of GOLD posted from a few years ago, of it similarly being in deep accumulation and the price action that followed.
I’m willing to stick my neck out and say that the Wycoff (coiled) spring from the BINANCE:ETHBTC chart above has now completed, after over-shooting the downwards wedge (in white). Such an overshoot usually leads to the most volatile reversals, and is therefore one of my favorite trading patterns.
Not only that, BINANCE:ETHBTC also has a clean-looking cup & handle pattern forming, dating back to May 2018. Should that come to fruition, the minimum price target (taking the height of the cup via white arrows) would equate to 0.5 BTC. That just so happens to also perfectly coincide with the 1.414 fib level drawn.
Now, would Ethereum stop there? You’ve got to imagine so. However it may not…
BINANCE:ETHBTC 's onset to markets saw a 95x (pink arrow). Taking the same measured move, from the bottom in January 2020, would equate to a 30x move from current levels or a 55x from 2020's bottom. That would indicate a final target of 0.91 BTC, at the 1.618 fib, by around April 2026.
Another reason to suggest the selling is over, RSI is putting in a higher low, whilst price is making a lower low.
BINANCE:ETHBTC is mirroring the same setup as September 2019, with similar targets possible.
Reasons to be sceptical
We should be in a clearly bullish period, between Mar-24 to Apr-26 although we have yet to see bullish price action as of today. BINANCE:ETHBTC already enduring its bearish period from Dec-21 to Feb-24, this is unlikely to be another.
If we’re going to see the above come into fruition, we must soon see a huge uptick in volume in Ethereum in the coming days. Watch the green arrow underneath the chart to see if that happens over the coming 15-18 months.
BINANCE:ETHBTC looks to have already bounced off the 0.024 BTC per ETH. Or the 0.382 fib level (turquoise line). I expect very limited downside from here.
What might trigger a bullish change?
MSTR thanks to Michael Saylor has popularised his company as a quasi-leveraged ETF, turning the balance sheet of his company into a fast-tracked success.
Can you think of another company that is flush with billions of cash that is aligned with defi, NFT & decentralized markets and has one person on the board calling the shots for their investment committee? GameStop could well be the first public company to put Ethereum on their balance sheet and spark a huge step-change in the amount of institutional investment into ETH, over say BTC. They currently have $4.8bn in cash on their balance sheet and have yet to announce any M&A or changes to their corporate treasury.
Watch-out for catalysts, alt-season I sense is coming...
ETH/BTC; my notes for long-termFirst of all, this chart is a chart with many questions but no answers. The 4-year support did not work, so is this a turning point; there is no answer. No conclusion can be drawn from the RSI. All resistances are extremely strong above.
Therefore, in order to draw a conclusion from this chart, it should be compared and interpreted with other charts such as btc.d, eth.d, eth/sol, others.d.
Accordingly, I believe these areas are bottom support, the formations that will occur here are important. I hope it starts trying the upper levels without waiting too long.
When 038 is gained and enters the upper region, it will have entered the safe zone, but the most important resistance it still needs to overcome is 070-084. If this level is exceeded, we can talk about 11-20k levels in Ethereum and significant increases can be experienced in altcoins. If this level is not exceeded again, as in the past, the increases in altcoins will not be satisfactory that will not make us happy at all.
Not investment advice.
The Bear and Bull RematchBINANCE:ETHBTC
ETH/BTC is a great chart for indicating alt coin strength compared to BTC.
I have a consolidation area in the lower purple area signifying the ring. As well as a red horizontal line showing the center of the ring (High Resistance/Support Structure).
In the previous fight (The upper rectangular area) the bull was looking strong at the beginning of the round; but the Bear finished the fight with a nasty KO.
Currently there is a rematch of the Bull and Bear and the Bull has the Bear cornered and his knees are looking weak. We will see how he reacts to the punishment.
There might be a KO for the Bear at some point in this fight, but I do expect the Bull to recover to his feet.
We will see how this fight plays out!
I hope your watching and don't change that channel!
ETHBTC - Is the Bear Nearly Over? Price is now testing the 0.618 level which is seen as a strong support for price
Hopefully at this level we see a reversal from the bulls and price pushes up to .786
This bear market has been brutal for ETH
Alt season will kick in soon, with ETH leading
Green bars pattern is just my price action thoughts
Daily timeframe
ETH Time for ReversalThe time has come for ETH to make its historic reversal. With tariffs imposed and liquidity stalled, the market has dried up like a raisin.
But fear not! It is in these moments when history unfolds and only those paying attention see it take shape in real time.
BEHOLD NOW: The imminent return of crypto's most annoying sleeping giant.
The pump shall gain momentum once the price regains the long-term trendline and breaks free from the shackles of the falling wedge.
Fly, ETH, fly, for it is your time to shine... Make us proud. 🥲
Happy trading,
-Melonfarmer
ETH BRIGHT FUTURE NEXT TEN YEARSToday is Feb 17 2025. Come back in 10 years to check out.
Right now, the market emotions are very low, everyone is ditching ETH and thought ETH is dying.
But I have strong confidence that next 10 years ETH will the kings for transaction from WEB2 to WEB 3. The reason is the engineers are working hard on the ETH network.
ETH/BTC - Time to go hard on ETHIf CRYPTOCAP:ETH has truly bottomed here...and it's looking like it has against BTC (ETH/BTC)
We could be on the verge of something big 🚀
This level acted as a bottom in both the 2017 and 2021 bull runs, setting the stage for a parabolic altseason. Will history repeat? 👀
KEY DEMAND ZONE FOR ETHBTCKey demand zone here for ETHBTC holding support here is SUPER CRUCIAL for atlcoins and ethereum itself.
If we don't expect many alts to make new lows before MAYBE reversing.
A bearish ETHBTC = BTC.D bullish = alts bleeding
A bullish ETHTC = BTC.D bearish = alts pump
only time will tell. Im sitting on the sidelines and max betting on some projects out there as they are massively undervalued imo.
Goodluck.
ETH about to Moon? Possible?BINANCE:ETHBTC ’s current structure looks eerily similar to pre-pump 2017:
✅ Forming a descending wedge, nearing the end.
✅ Bounced after breaking below Fib 0.236, forming two lows (second lower than first).
Historically, when CRYPTOCAP:ETH outperforms CRYPTOCAP:BTC , altseason follows.
But does this mean BINANCE:ETHUSDT is about to skyrocket? I don’t know.
All I can say is—the possibility is there.
🔥 But here’s the catch…
Every chart pattern you see is what market manipulators want you to see.
Sometimes, they reinforce a pattern with multiple pumps…
Then, just when everyone trusts it, they wreck it with one final serious drop.
That’s the classic "bait, trap, slaughter" strategy.
So, should you blindly trust chart patterns? No.
Should you completely ignore them? Also no.
Because let’s be real—most people never believe in a bull run until it’s already happening.
Same goes for crashes.
🔥 The real question is:
Do you stay out just because nothing is 100% certain?
🔥 If you think crypto is doomed, short it.
At the end of the day, your portfolio reflects your beliefs.
🔥 If you think this post sucks, you’re right.
I won’t argue—it’s pointless.
For me, the market is always right.
I’m the only one who can be wrong.
That’s why I always set stop losses.
So even if altseason never comes , I’ll still have most of my capital ready for the next opportunity.
🔴 Read my signature & publications for more info you don’t want to miss.
🔥 for more future script "guesses" like this!
ETH/BTC Weekly reversal areaFrom a weekly and purely technical perspectives, I feel this is the last level for eth/btc to maintain a bullish weekly structure. The weekly structure here started 4 years ago. It's a good enough level for me to start looking at bullish setups for eth that can give me better returns compared to btc
Eth/Btc BullishTime for this downtrend to find its bottom .
Soon ether will start going higher and recently they upgraded the gas fees and transaction speed , this is good for onchain plays which also will start going higher.
With ether trying to break ATHs the onchain plays will also make new highs.
Trying to shift the focus on AI plays , i think there is a great chance that we will see a great run.
Buy when fees are cheap and sell when people complain about gas fees being expensive.