ETHBTC bear outlookETHBTC has gone sideways through support and is now dripping downward slowly. Odds are low that it will ever make a ATH, so look for decay over time.
ETHBTC trade ideas
ETHBTC ready to drop 10 %Hi Traders
Let's have a look at 1D chart of ETHBTC
ETHBTC is bearish.
The price can't break the downsloping resistance.
Currently at the temporary support. Once it breaks, we should see 10 % drop. It would make sense as BTC.D is bullish now so ETH and other altcoins should underperform Bitcoin.
Patience is a key
Good luck
📈📊 #ChartPattern Alert! 📈📊 📈 Channel 📈A "channel," in the context of trading and technical analysis, is a chart pattern that forms when the prices of a financial asset move between two parallel lines, creating a kind of corridor or channel. There are two main types of channels: an ascending channel and a descending channel.
Ascending Channel: This channel forms when prices have an overall upward trend, but this trend is contained within two upward-sloping parallel lines. The lower level is the support, where prices often find buyers, while the upper level is the resistance, where sellers may come into play. Traders often view the ascending channel as a sign of the continuation of the existing uptrend.
Descending Channel: On the other hand, the descending channel forms when prices have a downward trend, but this trend is bounded by two downward-sloping parallel lines. The upper level is the resistance, where prices tend to retreat, while the lower level is the support, where minor bounces may occur. Traders typically interpret the descending channel as a sign of the continuation of the downtrend.
Channel analysis is an important tool for traders as it can help identify entry and exit points, as well as set profit targets and stop-loss levels. However, it's crucial to note that channels are not foolproof, and prices can break beyond the channel lines, signaling a change in trend.
In summary, a "channel" is a chart formation that depicts the direction and strength of a price trend in a financial asset. It's a useful tool for traders looking to make informed decisions about their market trades.
Falling WedgeFalling wedge usually break upwards. With few catalysts in future such as Futures ETF first deadline, and Dencun upgrade it is possible this to rip higher
Shorting ETHEtherium Dumpster Fire
ETH is captured and It's an unregistered security, not a commodity.
The Seasonality of Diminishing Returns"Ultrasound money" meme is just too good.
I do realize I am coming off as a mega bear.. but when you price stuff against the best performing asset of all time, you get charts that look like this.
Eth has had impressive returns no doubt.
And I even believe it has value as a protocol itself.
This is known and consensus now.
As a vehicle for obtaining massive amounts of btc?
No longer useful.
This is the game..
CountdownThe countdown is ready.
Get ready to start to buy.
But now, we have a time, a lot time. Keep patient.
ETHBTC updateUpdate on ETHBTC! Looks like its still dancing around the protected low area. Stay tuned for what's next!
ETHBTC on a cliff edgeWhen the red support has been lost in the past, it's led to a large drop in price relative to bitcoin.
Wycoff ETH Distribution -- Counter Narrative As the merge is coming near Eth is pumping as who doesnt love free money... but this is the time to be cautious as it is just matter of time that we see big dump in alts against btc.
ETHBTC ❗Caution❗One more for today will be ETHBTC chart.
The wedge is forming for a year now. Chances are, the next BTC move down, ETH and ALTS will go up and even make the breakout from this formation!
...However, I'm not too sure about this. Previous Trend support zone has been crushed fast enough and wasn't going to retest it back. Chances are still here, But...
We have another, Bigger Trend line all the way from the Bottom (I hope it was one, cause if not, the blood will be all over the place) And I am guessing we will have another big fall is Sep/Oct and there may be the prices we're not gonna see in a while most probably.
So, I suggest you to look closely, with caution, cause we're gonna see volatility in the next weeks.
Be aware. Envision.
👁️ A.I.Vision
One More Push Down For The Alt Market 👉 The Reason That I Suggest You To Only Trade And Holding BTC At Current Market Situation Is What I See At The ETH/BTC Pair
📥 By This Rising Wedge Formed At The Chart I Expect One More Push Down To The 0.06 Area ,So I Prefer To Only Be In BTC Right Here ,Not Any Other Coin
ALTCOIN SEASON This is a graph showing the relationship between Ethereum and Bitcoin . I think it is a good time to accumulate altcoins, but I believe that another drop will come and then we will start stronger. Certainly these are good times to invest, of course high risk and high return.
Show me your opinion by put comment below and if you like feel free to follow me!
ETHBTC looks good to go up from here- Held the W double bottom nicely during this dump
- W Falling wedge holding
- W RS double bottom/Bull divergence
- Long wick on the daily with big volume holding double bottom
GL HF!!
ETH/BTC longJust Monday charts ETHBTC.
Probably more ranging price action until volume kicks back in September.
Future projection of mine.
Let me know what you think.
ETHBTC - global analysis !!!The control zone 0.029878-0.036701 was worked out normally.
There is usually a big correction in this zone!
Now the price is in the global zone 0.054249-0.080167
A global correction usually occurs in this zone!
The price of the total volume was 0.019435
The price of the zone volume is 0.074209
Expected growth to levels:
0.138136, 0.191691, 0.275869
ETHBTCThis is a 1D frame analysis for ETHBTC The current price was unable to sustain according to previous analysis and the price had more pullback after hitting the support line. However, the price is now close to the 4-hour support zone and we expect the price to move towards the next resistance line after hitting the support line and stabilizing above it. But keep in mind not to be hasty in making decisions and wait for the price to stabilize before entering into a trade.
I don't anticipate ETH to stay asleep for much longerLooking at the ethbtc chart, I'm looking for a double bottom at the .618 and .65 fib and a breakout of the falling wedge for confirmation.
ETHBTC Let's go back to the moon!
Disclaimer: The information provided in this ETHBTC buy setup is for educational and informational purposes only and should not be considered as financial advice. Trading cryptocurrencies involves inherent risks, and past performance does not guarantee future results. Always conduct your research and consult with a qualified financial advisor before making any investment decisions.
ETH/BTCThe longest #alt weakness period starts next week 👀
Just as we are approaching support & core #Bitcoin maxis are getting the most euphoric in years... Coincidence?
Past market conditions such as this marked the bottom for the next 3 years ✍️
Give up now & regret it forever
ETH/BTC - Ethereum: Ascending_Triangle◳◱ We've detected an Ascending Triangle pattern on the CRYPTOCAP:ETH / MIL:BTC chart. This pattern is a bullish indication and could indicate a potential trend reversal. The next resistance levels are at 0.06362 | 0.06446 | 0.0659 and the major support zones are respectively at 0.06218 | 0.06158 | 0.06014.
◰◲ General info :
▣ Name: Ethereum
▣ Rank: 2
▣ Exchanges: Binance, Kucoin, Huobipro, Gateio, Poloniex, Mexc
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: Ethereum is a distributed blockchain computing platform for smart contracts and decentralized applications. Its native token is ether (ETH), which primarily serves as a means of payment for transaction fees and as collateral for borrowing specific ERC-20 tokens within the decentralized finance (DeFi) sector.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.06383 ₿
▣ 24HVol: 602.903 ₿
▣ 24H Chng: 0.33%
▣ 7-Days Chng: -1.65%
▣ 1-Month Chng: 1.79%
▣ 3-Months Chng: -2.51%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.06362 | 0.06446 | 0.0659
◢ Support: 0.06218 | 0.06158 | 0.06014
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -0.23
▣ Last 90D: 0.03
▣ Last 1-Y: 0.53
▣ Last 3-Y: 1.11
◲◰ Volatility :
▣ Last 30D: 0.39
▣ Last 90D: 0.41
▣ Last 1-Y: 0.64
▣ Last 3-Y: 0.89
◳◰ Market Sentiment Index :
▣ News sentiment score is 0.40 - Bearish
▣ Twitter sentiment score is 0.53 - Bullish
▣ Reddit sentiment score is 0.53 - Bullish
▣ In-depth ETHBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
