ETHBTC trade ideas
Ethereum Vs Bitcoin —Bare Minimum, 222.22% Profits Bullish WaveEthereum's current move vs Bitcoin —ETHBTC— is over-extended:
1) The drop has gone way beyond the 0.786 Fib. retracement level, almost reaching 1 (which means a 100% correction).
2) Trading volume is non-existent. Which means that this move is not supported by real people.
3) The RSI is oversold. Which means that the current action is very likely reaching its end.
4) Ethereum (ETHBTC) is trading at, and activated, the lowest prices since late 2019. The main support zone for this pair.
The current bearish move is over-extended and is showing many weaknesses, a trend reversal can happen any day. ETHBTC has been dropping since December 2021. A market can only take so much.
The minimum target for the reversal is the baseline level. Just as ETHBTC went down to test its 2019 support but with a higher low, as soon as this support zone is reached the reverse becomes true. Now ETHBTC needs to test its late 2023 early 2024 resistance zone. This level is likely to break and price reach higher but this is the bare minimum.
» The bare minimum is a nice 222.22% profits potential bullish wave.
Namaste.
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eth-btc I've been studying the ETH/BTC chart using fractals, and I've noticed something interesting. The price is currently pausing at a strong order block and sitting right on an ascending channel.
What makes this even more compelling is that both the dates and fractal patterns are aligning, suggesting a potential repeat of past behavior.
Additionally, according to the Rainbow Chart, ETH is in the accumulation zone, which makes the case for the long-awaited altseason even more promising.
Ethereum Bitcoin pair bottom confirmed!As confirmed by CRYPTOCAP:ETH \ CRYPTOCAP:BTC momentum, we can say that a local bottom was seen at 2019 accumulation levels. With a major reversal from the current region, we can see major movements across Altcoins, with Ethereum being an undeniable leading force and leader for altcoins.
Bitcoin Will Continue to Slap EthereumWave E should be much lower than wave C.
Also note the size of the red bars in the last period.
I think this fight could reverse around next October.
* The purpose of my graphic drawings is purely educational.
* What i write here is not an investment advice. Please do your own research before investing in any asset.
* Never take my personal opinions as investment advice, you may lose your money.
It's enough! It's hard to analyse ETH/BTC since it's been bearish for nearly a year. but it is almost on a major support and is too overbought in RSI. We can expect a reversal from here (~0.19) or it would fall sharply to ~0.008, which is too bad for ETH. So keep an eye on it and look for a reversal pattern.
ETH/BTC Echo Bubble ExpectedHello friends.
We expect that the ETH/BTC ratio will bottom around here and begin to increase into mid 2026. These kinds of bubbles form a clear pattern of the Euthanasia rollercoaster, and Ethereum still has a lot of users despite the greater mindshare of Bitcoin and the rise of faster competitors like Solona. Ethereum is stronger than Solona for the same reason that Bitcoin is stronger than Ethereum -- it has first mover advantage. When the new tech updates come out, another echo bubble seems inevitable.
ETHEREUM BOTTOM?ETH/BTC continues to be the punching bag of crypto – but the chart is finally showing signs of life.
We’ve got clear bullish divergence on the daily RSI. While price made a lower low, RSI made a higher low – hinting at momentum shifting beneath the surface. Volume also ticked up as ETH pushed higher, adding a bit of confirmation.
Zoom out, and it’s even more compelling: ETH is historically oversold on the weekly chart (not shown here). This signal has triggered some major reversals in the past. Yes, it’s failed before – especially on ETH – but this setup is one of the more reliable ones across markets.
I know I’m a glutton for punishment posting ETH charts while it’s still limping around the floor, but that’s usually where opportunity likes to hide. We found the bottom in the newsletter 9 days ago. Now we need follow through.