If you have money good time to buy!!!BINANCE:ETHBTC war manipulation whatever you want to call it.When everybody run you have to dive.
ETHBTC trade ideas
ETHBTC: Long opportunity may be looming.(Monthly chart) ETHBTC may have significative upside, up to 0.08+.
It may break up or grab more some more liquidity around the 0.05 mark (lower bound of BB).
Either way, i see more upside than downside. Two possibile Long entry points: on confirmed resistance breakout and/or on weakness through scattered orders in green support area.
Keep in mind this is a MONTHLY chart, hence this is a long term analysis.
Chart image (Since Tradingview usually messes the chart):
Summary:
Close to resistance
Red TD count 8
CMF approacing zero, rising.
RSI rising.
Stoch RSI oversold, rising.
MACD flattening
Lower BB flattening close to 0.05
Chart Pattern Analysis Of ETH/BTC
From K1 to K3,
It is a bullish morning star pattern.
K3 nearly close upon the downtrend line.
It seems that the long-term downtrend had been reversed here.
The problem of the bear force is low supply pressure.
K4 is a first test to the potential support,
And it verified the lacking of supply.
If K4 successfully test the support for a second time and close upon the downtrend line,
It will be a valuable place to open a tentative long-term position.
ETH One last correctionIt seems that it needs one last correction to support at 61.8 Fibonacci level And then the explosion!
ETH/BTC ratio signalizes 'Alt Season' soonMany see this ETH/BTC price ratio as the ignition for the Alt Season
Price is flerting with a long multi-year resistence, since 2021! A strong break out here will signal the so waited Alt Season, but first there must be a retest of the lowest purple line, the Beam Band bottom line
Also here, we are still waiting for a local bottom blue tag from Hodlfire indicator
As another indicator to watch is the bottom panel indicator, the Detornator C, as it is still red, almost crossing the zero line
So... 3 points of confirmation of Alt Season:
1- Retest of bottom Beam Band line
2- Hodlfire buy tag
3- Detonator C above zero line
What is interesting here, is that the upper Beam Band coincides with the target of the Cup & Handle formation when ETH/BTC price will reach a staggering 0.735 ETH for each BTC! If this ratio would be today, ETH price would be 45k!
Time will tell!
ETHBTC Set for 3X Gain: Strong Support Levels & Bull Run InsightETHBTC is showing strong support at the 0.0477 to 0.045 level, presenting a significant opportunity for traders. This level could provide an excellent entry point, with the potential for substantial gains. If ETHBTC breaks below 0.046, the next confirmed support level is 0.0355, where there is an 80% chance of a bounce, especially with the upcoming bull run projected to extend until November or December 2025.
ETHBTC is a crucial indicator for identifying alt season. If ETHBTC flip the 0.06 level, we could see a robust rally in altcoins. Historically, the targets for ETHBTC during a bull run have been a minimum of 0.09 and a maximum of 0.126 by late 2025.
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$ETH is weakening against $BTC in LTF?#eth / #btc pair rallied in last 2 months period and needs to rest i think. A bearish divergence is formed in #ethereum against #bitcoin chart. Retrace to red box is necessary. Breaking up the channel with huge volume is the invalidation of divergence. Not financial advice.
Altcoin dominance - wait for confirmationEvery time this chart shows growth, BTC dominance is decreases. This is a positive factor for altcoins. Is likely that the local correction on them is coming to end.
While the price of BTC is above 56k, the triangle structure is relevant. Consolidation below 50k confirms the bearish ABC structure. If BTC price fixing above 74k, it will confirm the beginning of the last growth wave of the bull cycle.
Another strong bearish indicator - the price of Bitcoin went below the 2009 trend line:
Good luck in your trading and have fat profit!
ETH LONGTrading Alpha is showing buy signals on numerous time frame for ETH on the BTC pair. As you can see, we have a bounce from the trackline yesterday with a grey arrow signaling to go long, all coinciding with a squeeze shading that indicates volatility is likely increasing.
This has been showing grey dots now for a few weeks.
ETH looks ready to rock if the market can stabilize.
ETH TESTING RESISTANCE... AGAINThe performance of Ethereum Vs. BTC has historically been a decent gauge for what is likely to happen with the altcoin market as a whole. That has changed some, with Solana stealing the spotlight, but this should still give us an idea of what will happen with a number of older coins, especially ERC20s.
Ethereum has been consistently rejected at this descending resistance on the weekly chart. Literally for years at this point. Price is once again consolidating below it, so it is time to pay attention. As you can see, we have had massive bullish divergence coming from oversold RSI, which is not a combo we have seen often on this pair. That said, it has played out to some degree and price is not much higher.
Still, I expect ETH to eventually break out and outperform. Keep your eye on it.
$ETHBTC: Ratio bottomedI think we might be seeing some rotation out of Bitcoin ETFs into Ethereum positions, possibly front running the ETF approval next week, but also hedging the supply overhang from Mt Gox coins + Germany's seized BTC stash hitting the market.
Ratio chart is bullish in the daily and could easily turn bullish in the weekly, while monthly chart shows a monthly down trend expiring during July, which could predict mean reversion back to 0.07 BTC per ETH.
I've hedged some of my crypto risk due to a weekly down trend signal triggering in BTCUSD, using OTM put options, so I am more confident in weathering a potential storm, but don't discount the possibility of Bitcoin rebounding in tandem with ETHUSD rallying after the ETF goes live next Tuesday. (it sure rallied when the approval news came out)
Best of luck!
Cheers,
Ivan Labrie.
ETHBTC in daily time frame In my opinion, the real alt season will happen when Ethereum breaks its downtrend line against Bitcoin.
The eth shocker!!I dunno. seems like a long ass accumulation.. what for? a mega pump? not before some serious pain and fud imo
ETH will outperform BTC in the future!www.tradingview.com
The chart above is a chart of ETH/BTC over the past six years, combining the 100-week moving average and the RSI index at key levels.
We can see some interesting patterns here, which are as follows
- The MA key level is the 100-week moving average, which has been facing resistance or support, but is currently above the price and the price is on its way to break through resistance.
- From a broad view, the current price is trying to bottom out and bounce back in a rounded parabolic pattern, similar to what we saw in late 2019
- Currently, the RSI index has broken above and supported the downtrend line of the past year or more and is moving higher, as it did in the second half of 2019.
Based on the above pattern, the ETH/BTC price is likely to rise (= ETH price relative to BTC price will rise more in the future) unless something weird happens.
BTC is King, more than everThis puny altcoins are breaking down against CRYPTOCAP:BTC
ETH is coming down since 2 years ago
Most Altcoins are bleeding against BTC
BTC dominance is going to 60%
$ETHBTC two year downtrend breakoutTo pair with the USD chart from earlier, which I'll link, BINANCE:ETHBTC finally appears ready to break out of the downward channel dating back to summer '22.
Successful retest of 3D RSI EQ, as well as the recovery of the pink zone.
This channel is a thing of beauty, but we shall not miss it. Bigger and better targets await.
ONWARD AND UPWARD.
ETH/BTC REVERSAL?Could we finally see a breakout of the downtrend channel now that ETHBTC has bounced off the range bottom?
Bullish scenario: If we see a breakout of the trend channel and new HH & HL then ETH could finally be ready to move up after the approval of the ETH ETF's.
Bearish scenario: If the range low is lost and price is excepted at those levels then the downtrend continues...
I do think the general market did not expect an ETF approval so soon and so the inflows we saw for BTC were just not ready to capitalise on the ETF.
Ethereum God candle coming 6/15/24Ethereum is looking extremely bullish. I am of the opinion now , and I have already swapped a huge clip of BTC into Eth. Also bought LDO and UNI yesterday at 10.5 and 2.
Ether is about to go fully mainstream. It will do things that Bitcoin could only dream of. Smart contracts, staking, metaverse, p2p, near instant finality. Unlike slow and old Bitcoin, which I think is going to be hard to knock off as king. But eth is going to come for top spot. I wouldnt bet on all the shitcoins too much. Just buy Ether. maybe a position in PEPE, some Uni and LDO/Chainlink. BUt heavy ETher.
NFA
ETHBTC: Reclaim 0.06 > range high > 0.10-0.12Now that ETH ETF's are confirmed and we could see first ETF's dropping as early as 2nd of july, we could (finally) see some uptrend with ETHBTC.
Lets reclaim that 0.06 first
then i*m pretty sure range highs comes next
after that 0.10-0.12 wouldn't be too crazy targets.
nfa
ETHBTC. Should we look for buying opportunities?On the weekly time frame (TF), there has been a sideways movement since May 2021. The seller's vector 11-12 interacted with the lower boundary of the range at 0.049081 several times. After the first interaction in January 2024, the buyer performed well with a single weekly candle (January 8th), forming a buyer's zone (blue rectangle on the chart). A similar situation is happening now, with the weekly candle on May 20th also showing a good spread and volume, creating another buyer's zone (blue rectangle on the chart, with the upper boundary at 0.05206). Since the seller's vector has reached all its targets within the range, the current buyer's vector is 12-13. The potential target is 0.085621 (~50%), and it seems reasonable to look for buying opportunities. However, the question remains whether the buyer's activity will develop further or if the price will update the local minimum again (0.04473).
It is reasonable to look for buying opportunities on the weekly time frame from the buyer's zone (upper edge – 0.05206), with the idea of realizing the buyer's vector 12-13. The first potential targets are 0.06117 and 0.06257, with an ambitious target of 0.085621.
Let's examine the lower time frames to determine where else it is reasonable to look for buying opportunities.
Daily Time Frame
On the daily time frame, there was a seller's trend. The last seller's impulse started from the level 0.05249 and ended at the level 0.04473. Then, there was a buyer's impulse, and now the price is above 0.05249, indicating that the seller's trend has stopped. The key candle of the buyer's impulse (the highest volume in the impulse, marked as "KC" on the chart) is at the end of the impulse.
Buying opportunities can be considered if the buyer defends the levels at 0.05332 (the key candle of the impulse) and 0.05249 (the price of the last seller's impulse started from), with the idea of initiating a long trend and breaking above 0.05744. It would be cool, during the seller's attack on the level 0.05249, the price moves into the buyer's zone on the weekly TF (0.05206 or below), and then the buyer brings the price back above 0.05249 and defends this level.
If the price falls below 0.05249 and the seller defends this level, it is likely that the price will move towards the local minimum (0.04473).
4-Hour Time Frame
The price has formed a sideways movement. The buyer's vector 6-7 has reached its targets. The current seller's vector 7-8 has a potential target of 0.05322 (see the 0.05322 level on the daily TF above). The lower boundary of the range is 0.0525, which coincides with the 0.05249 level on the daily TF.
It makes sense to look for buying opportunities on the 4-hour TF if the buyer defends the levels at 0.05322 or 0.0525, based on the idea of the buyer's vector 8-9 within the range.
Sales can also be considered from the seller's defense of the 0.05622 or 0.05744 levels, based on the idea of the realization of the 7-8 vector within the range.
Trade Signal for ETHBTC: Direction Buy**Trade Setup**
Direction: Buy
Enter Price: 0.05304
Take Profit: 0.05388
Stop Loss: 0.05219
**Analysis and Justification**
I have provided this forecast using the EASY Quantum Ai strategy, which incorporates advanced algorithms and quantitative analysis to identify optimal trading opportunities. The recommendation to buy ETHBTC at 0.05304 is based on the following factors:
1. Technical Indicators: EASY Quantum Ai detects a positive trend formation on the technical charts. Indicators such as the Relative Strength Index (RSI), Moving Averages (MA), and MACD suggest bullish momentum, indicating a high likelihood of upward price movement.
2. Market Sentiment: Sentiment analysis reveals that the market participants have a favorable outlook towards Ethereum in the BTC pairing. Increased trading volumes and positive news surrounding Ethereum developments further support a bullish bias.
3. Support and Resistance Levels: The entry price of 0.05304 is identified near a significant support level, presenting a low-risk entry point. The take profit level at 0.05388 is placed near a resistance zone where the price is expected to encounter selling pressure, making it a strategically sound exit point.
4. Risk Management: To mitigate potential losses, a stop loss is set at 0.05219. This ensures that the trade closes out if the market moves contrary to the predicted direction, protecting your capital.
**Conclusion**
This signal is generated with the expectation of ETHBTC moving upwards based on the rigorous analysis facilitated by the EASY Quantum Ai strategy. Ensure to monitor the trade progressively and adjust as needed based on market changes.
Target around 0.10-012 is an optimal target!Hi there!
BTC already was make new ATH but ETH still not! Chances to this happen now is so big so exchange some BTC to ETH now is not so bad choice.
Main target is touched, and we have a breakout from falling wedge pattern and price is at backtest level
Good luck traders and holders
