ETHBTC 3DETHBTC Chart to Bitcoin. As you can see, it is not in a good position and from here to the dynamic support of the trend line, we can see a downward movement.
👤SecondChanceCrypto
📅13.june .22
⚠️(DYOR)
ETHBTC.P trade ideas
Ethereum versus Bitcoin, forming with us 3 negative patterns Ethereum versus Bitcoin, forming with us 3 negative patterns that broke the head and shoulders and did the harmonic with us, with a daily close below 0.055205
Closest target -14% Speculators Be careful with your speculation The rest of the currencies will fall with ether
ETHETHBTC Chart is building a C wave more likely. If it's the case, Ethereum will tag that previous wave C low, otherwise, the drop will b limited to around 10%, and the scenario of wave C won't remain valid.
this move will affect Chainlink and Polkadot hardly.
Levels for ETHBTCAltcoins currently taking a hit relative to BTC. Ethereum almost at its previous cycle's ATH around 1400, nearly testing it before Bitcoin has come this close to its 20k previous ATH.
As usual altcoins take the brunt of the beating, and we clearly see that with ETH vs BTC here. This is a good indication alts have more bleeding to go, at this point it isn't a surprise anymore. My past posts show that I believe a bottom may be close, but not here yet and the fact it is going to take TIME to develop with a long accumulation range.
I might post potential bull divs forming or other potential bottom structures in the meantime, but it does NOT mean I'm immediately jumping into a long position. Just observations and ideas in the meantime as the macro structure plays out. Any bottom at this point should be temporary and retested before we can slow down the pressure imo.
If in doubt, zoom out.
Cheers
V
ETH/BTC breakdown !ETH / BTC
ETH brokedown the important support level against USD today (1700$) which open the way to test 2018 ATH
1 month ago , I sent an alert about the weakness in market you can check here :
Today ETH just reached bears target against USD of my previous idea
But here in ETH/BTC its looks like there are more room for bears up to 0.04 BTC ! (The confirmation is breakdown of 1400$ and close daily below it )
What do you think about ETH in next few weeks ,Share with us in comments below
ETH/BTC is attempting to consolidateETH is attempting to consolidate above the 2.618 level on the monthly log chart and approaching the 21 fib zone which is a key reversal point. This maps to the beginning of August 2022... I'll be watching price action on lower time frames until then.
Price is currently sitting at the 21 EMA and the 50EMA is below 2.618...
If there's no clear bullish impulse above 2.618 then price is likely to retrace below this level for an extending period of time. I'm targeting the lower range of the gaussian channel if this scenario plays out.
BTC will likely see upwards momentum before ETH in the next bull cycle which supports the bearish scenario for this chart
ETH/BTCall levels of eth/btc, i suggest when buying eth in bear market buy it in form of btc so that you can get maximum gains from your capital in the bull market
#ETHBTC Slides 22%, ETH Finds Support at 0.059 BTCPast Performance of ETHBTC
Bitcoin bulls are rampant. ETH is down 22 percent from April 2022 highs versus BTC. From the ETHBTC daily charts, Ethereum is still under pressure and in a bear breakout formation despite ETH gains in the Asaian session. Currently, ETHBTC is trending at around October 2021 lows. Since bear bars are aligned with the lower BB, ETH sellers may search to unload on every attempt to print higher.
#ETHBTC Technical Analysis
BTC bulls are in control, and bars are banding along the lower BB despite recent ETH gains. This points to intense selling pressure and possibly BTC bulls adding to their longs. As ETHBTC retests October 2021 lows, traders should look to double down and accumulate BTC. There could be more losses for ETH if prices drop and close below 0.059 BTC in confirmation of June 6 dumps. Such a move would confirm the bear breakout of May 26 and may trigger more losses versus ETH, pushing prices back to 0.057 BTC and 0.055 BTC in the medium term.
What to Expect from ETHBTC?
After solid ETH gains in 2021, BTC bulls are rewinding losses, as evident in the daily chart. In a bearish breakout formation, ETH may drop to H2 2021 lows in the medium term if prices slide below the immediate support line.
Resistance level to watch out for: 0.061 BTC
Support level to watch out for: 0.059 BTC
Disclaimer: Opinions expressed are not investment advice. Do your research.
$ETH / $BTC Weekly (Log) Trendline Paired w/ RSI: Best Buy Time!Hello Traders,
Please see the chart for the best time to buy historically.
The ETH/ BTC pair has been following the yellow trendline since its first touch back in 2017, right before putting in a massive green wick of over 13k%.
Since then the price action has hit the yellow trendline a handful of times but the two best times to buy, were when the price action hit the yellow line, while the RSI level dipped to the 30 levels.
You can see on the chart I outlined the RSI levels with the dashed green line.
If we are lucky enough to get another scenario like this, we would need to see a price of around 0.0409(BTC).
Patience, no FOMO, just setting great buy levels and waiting, is the name of the game.
Good luck!
ETHBTC Top Pattern Downward ETHBTC has provided some amazing wedge chart patterns (contracting)
Wedge 1 and 3 are very similar, both leading to a red double top pattern that will likely lead to a bottom along the yellow Fibonacci circle
Interesting chart
#Ethereum is the dominant #Crypto network Around 500 dollars give or take 50 dollar either side is what I am looking for this Bear Market bottom.
Upon which the chart will look great going forward. And the much vaunted flippening will have a great chance of occurring in the next cycle.
@TheCryptoSniper
#HVF
Descending Vs Ascending TrianglesThis chart shows the weekly USD index chart vs the daily ETH/BTC chart
The Descending channel results in a bullish outcome
The Ascending channel a bearish outcome
ETHBTC: HERE WE AREHi guys, finally what i was hoping is here.
Eth falling against Btc.
If continue the fall, will be a mega opportunity for the next bull market, because this it's been less profitable than previous.
Sharia Law Based FinanceI am long ETHBTC, however as usual, this is not a direction but an attention draw, I must go off on a "conspiracy theory" speech.
A woman in Jordan went to jail for owing $845, I mean this when I say it, I would go to Jail for her so she can feed her family, this is how much the oppression of the people anger me. I fear no Demon and No jail, I will go to Thai Jail, Brazilian Jail, Mexican Jail, Etc... if I do not agree with the moral principles. Today, I saw a bathroom cost 5 THB, is this a joke? We are being charged to use the bathroom, if we do not, we will be arrested. I do this not only for my Wife and Daughter, I do this for the people; I will fight to the death for the people and that is on GOD. I see the earth crumbling, but have no fear my friends, the Father is helping all. He lets the demons live, for deep down, they are burning. Pray for the meek, for they will inherit the earth. We have the heart of a lion and soul of a lamb, we will not bow down to the Illuminati.
I was held at the airport for 1.5 hours as my Pregnant wife waited for me, since these corrupt people try to hurt the power of the people. My ex boss created this since I asked her to sign a legal contract, she then attacked me and threatened me to blacklist me from the country for working without a work permit, a work permit is something the employer is responsible for, I still pray for her since she has a young daughter. She then asked me to come back and work for her, is this a joke?
My past three employers have forced me to sign NDAs, contracts and Non Competes while they refuse to sign any legal contracts for me, there is a reason I am self employed, The father has sent me here to free the people, I will make Trillions and give it all back to those who deserve it, the meek and humble.
I have committed no crime, the only "crime" I have committed is questioning corruption. I will stand no longer to see pedophiles rule us as my daughter will have to face abuse by evil men.
It angers me when I walk the streets and see little girls sold into sex slavery, when I see people die daily of motorbike safety, it being ignored but global lockdowns enforce COVID "safety", when Boris Johnson himself is throwing orgies on the peoples dime. I have no fear of death, no fear of them, only fear of the righteous suffering.
"Riba is an Arabic word that can be roughly translated as "usury", or unjust, exploitative gains made in trade or business under Islamic law. Riba is mentioned and condemned in several different verses in the Qur'an (3:130, 4:161, 30:39 and perhaps most commonly in 2:275-2:280). It is also mentioned in many hadith (reports describing the words, actions, or habits of the Islamic prophet Muhammad).
Mudarabah is a partnership where one party provides the capital while the other provides labor and both share in the profits. The party providing the capital is called the rabb-ul-mal ("silent partner", "financier"), and the party providing labor is called the mudarib ("working partner"). In classical mudaraba, the financier provides 100% of the capital; cases where the capital is provided by both the financier and the working partner result in a joint mudarabah-musharakah contract. Profits generated are shared between the parties according to a pre-agreed ratio. If there is a loss, rabb-ul-mal will lose his capital, and the mudarib party will lose the time and effort invested in the project. The profit is usually shared 50%-50% or 60%-40% for rabb ul mal-mudarib.
Islamic banking, Islamic finance or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic banking/finance include Mudarabah (profit-sharing and loss-bearing), Wadiah (safekeeping), Musharaka (joint venture), Murabahah (cost-plus), and Ijara (leasing).
Sharia prohibits riba, or usury, defined as interest paid on all loans of money (although some Muslims dispute whether there is a consensus that interest is equivalent to riba). Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also haram ("sinful and prohibited").
These prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent un-Islamic practices. In the late 20th century, as part of the revival of Islamic identity, a number of Islamic banks formed to apply these principles to private or semi-private commercial institutions within the Muslim community. Their number and size has grown, so that by 2009, there were over 300 banks and 250 mutual funds around the world complying with Islamic principles, and around $2 trillion was Sharia-compliant by 2014. Sharia-compliant financial institutions represented approximately 1% of total world assets, concentrated in the Gulf Cooperation Council (GCC) countries, Pakistan, Iran, and Malaysia. Although Islamic banking still makes up only a fraction of the banking assets of Muslims, since its inception it has been growing faster than banking assets as a whole, and is projected to continue to do so.
The industry has been lauded for returning to the path of "divine guidance" in rejecting the "political and economic dominance" of the West, and noted as the "most visible mark" of Islamic revivalism, its most enthusiastic advocates promise "no inflation, no unemployment, no exploitation and no poverty" once it is fully implemented. However, it has also been criticized for failing to develop profit and loss sharing or more ethical modes of investment promised by early promoters, and instead selling banking products that "comply with the formal requirements of Islamic law", but use "ruses and subterfuges to conceal interest", and entail "higher costs, bigger risks" than conventional (ribawi) banks."
- Definition courtesy of wikipedia
Summer is coming - Ethereum vs BitcoinThe chart below shows when winter comes, Ethereum is at a seasonal advantage. We're seeing the opposite now as summer is around the corner, a time when Ethereum tends to underperform Bitcoin since its early days.
Weekly confirmation is a close below the head and shoulders formation this coming Sunday. Invalidation is above .078+, a long way up.
ETH/BTCThis chart shows there will be more bleeding for A ltcoins is on the way. In upcoming weeks BTC will bleed less than ETH and Altcoins.
ETHBTC Breaks below Q1 2022 lows, May Slump to 0.057 BTCPast Performance of ETHBTC
BTC bulls have the upper hand over ETH prices as per the ETHBTC daily chart. BTC is trading at the highest point versus ETH in 2022 at spot rates following the close below 0.065 BTC on May 26. At this pace, BTC bulls are in control, and every attempt to retest 0.065 BTC may offer entries for Bitcoin bulls to double down.
#ETHBTC Technical Analysis
Technically, ETH is trailing Bitcoin. ETH is down 20 percent versus BTC in roughly two weeks, considering the formation in the daily chart. Following the break below Q1 2022 lows, the odds of more losses versus the resurgent BTC look likely. Notably, ETHBTC prices are trickling lower since the double bar pattern reversing the gains of May 10. The bullish bar of May 11 marked the beginning of another wave of liquidation pressure which saw BTC force prices below 0.065 BTC. BTC buyers may target October and July 2021 lows of around 0.060 BTC and 0.057 BTC, respectively.
What to Expect from #ETHBTC?
Bitcoin buyers are in control. Since the break below Q1 2022 lows has relatively high trading volumes, ETH could post more losses in the short term. In that case, ETH could drop another eight percent to July 2021 lows.
Resistance level to watch out for: 0.065 BTC
Support level to watch out for: 0.057 BTC
Disclaimer: Opinions expressed are not investment advice. Do your research.
ETHBTCETH has broken down the rising channel and a strong support level - the uptrend line. New support levels are indicated by red Fibo levels. I expect the price to bounce up to the level of 0.064-0.066
