This can be easily seen. Whether it is a sign for a reversal I am unsure. But considering ETHBTC reversed when something like this happened, XMRBTC may be next for a 10-20% increase or so. I have heard XMR getting delisted from some exchanges so that may affect things a bit. But what do I know. Good luck.
COINBASE:ETHBTC ETHBTC has 2 support levels now to battle the 100 EMA resistance, which is still being respected. I think ETHBTC is in good position to break the 100 EMA, but as the days go on, the bearish perspective may win, or alternatively, my elliot wave pattern in previous chart will get weaker. Volume will also be needed. Just sharing my thoughts.
Micron is forming a W pattern and should break the resistance line.
Based on Elliot Wave Analysis, we could be in the 2-3 cycle which should break through more than just 100 day EMA. This is a bullish vision for ETHBTC which seems likelier than a bearish vision.
Prediction is a pullback to a lower support level. XRPBTC is a possible leading indicator. Always a chance at a break of resistance but it is less likely.
I see more through a bullish perspective in regards to ETHBTC. It does seem like the selling pressure is not causing ETHBTC to go much lower and notice how we are curving and nearly forming a descending triangle with some bullish divergence with respect to RSI. This could be a turning point for ETHBTC.
Just showing the descending triangle formation. I am not the first one to spot this easy pattern obviously, but it goes along with my previous fractal analysis argument, which was less easier to spot. I am neutral / bearish overall on ETHBTC.
Enjoy this one. This one's a gift. The problem is, keep in mind, LTCBTC can go lower if BTC just goes high while LTC remains stable. Either way, I think LTCUSD goes down along with LTCBTC.
Bitcoin headed to very low levels once alts fail to sustain the price.
I predict Ethereum to rally hard until next year. Price target $1000 August 2020. There is a cup & handle pattern that will push Ethereum to the slant resistance line. It will only be a matter of time.
I think ETHBTC eventually goes up if we use BTCUSD as a leading indicator.
I am quite neutral/bearish on BTC. This parabolic run did not have a proper pullback. I do see a bit of a bearish divergence in terms of RSI and the movement of BTC. Fibonacci tracing estimates that we are on the higher end of the price move as well. A drop could occur. Good luck - not financial advice.
The last time LTC:ETH ratio was 1:2 we all know what happened. The price action is beyond ridiculous and the chance for a massive correction is just very high. Enjoy the incoming crash fellas!
I know my recent call on LTC was incorrect (but it will drop just in a different way). This time, I predict a bitcoin dump to around $4000 and then another attempt at breaking $5000 (but failing). From there it will go lower than $4000. I say this because I've seen this same pattern occur with various other speculative stocks. As much as Bitcoin is not a...
going down down down, this one is for sure
I think there is a triple top on the chart, so my guess is further decline.
Buy around here, sell some around 4500+. Buy back at potential low of 2500. Any long position below 4000 doesn't seem so bad.
Hello, everyone. I think BTC will eventually go lower, but after this sudden drop we may get some buyers back or shorts will probably cover and we will see the price going higher a bit. Exchanges may also buy with their own money to save the overall sentiment. It is important to not be a victim and donate money to exchanges at this point in time. There will...