ETHBTC 2WETH ~ 2W
#ETH This is an important support Block for BITSTAMP:ETHBTC Pair Trading. If you like this trade,. This is a very good support Block to start buying gradually. with a minimum target of 20%++
ETHBTC trade ideas
ETHBTC: Serpent is awakenTechnically speaking, I just signaled ETHBTC weakness which has been put into a Red State by moderators since, seemingly, it lacked enough explanations.
Well! It turns out that the analysis, though brief, has come true and a fair decline is recorded as you can see:
* Very well! What now?
1. Periodicity, there are 3 Phases of ETHBTC Super cycle:
- 1st From 01 Oct, 15 to 01 Apr, 17 - 548 Days, some 18-19 Months - Uptrend ;
- 2nd From 01 Apr, 17 to 01 Jan, 20 - 1005 Days, some 33 Months - Downtrend ;
- 3rd From 01 Jan, 20 to 01 Jul, 22 - 912 Days, roughly 30 Months - Up ;
- 4th From 01 Jul, 22 to 01 Oct, 24 - 823 Days, roughly 30 Months - Down ;
* Average length of each UP & DOWN Trends: 27 Months
As a result, based on Periodicity and Cyclical Impulses & Retracements I would say that ETHBTC pair is quite ready to gain strength toward illustrated 1.618 to 2.618 Extension Fibs shown on the chart.
Other Technical Indicators
- The RSI (2) : there are to positive divergences in 3M time frame - one longer term and the other shorter term.
Precautions: You need to observe Risk & Capital Management
DYOR,
Good luck!
Morteza Emzajerdi
ETHBTC - ETH Season Two large falling wedges can be observed on the RSI for ETHBTC, the second and the one we are currently experiencing is nearly completed. After this ETH will turn very bullish compared to BTCUSD and will begin to outperform.
Weekly RSI
Long term Reversal?Potential for a reverse head and shoulders? Left shoulder and head are very clearly formed. Looking for a right shoulder and break above the neckline to validate bullish reversal pattern.
ETHBTC Is Sitting At Strong Monthly SupportETHBTC cross pair has been trading bearish for the last two years or so due to Bitcoin dominance, but now that Bitcoin dominance is slowing down and ALTcoin dominance kicking in, seems like we are in the ALTseason and ETHBTC pair may see a recovery soon.
ETHBTC chart can be actually still trading in a correction within uptrend. It’s right now sitting at interesting and strong support area when looking at the monthly chart. We have strong monthly trendline and impulsive five waves up, followed by a three-wave A-B-C correction into an important 67,8% Fibo retracement, which is a bullish pattern from technical and Elliott wave perspective. We are actually already in the ALTseason and if ETHBTC pair is really about to bounce and starts recovering soon, then ALTseason may resume and Ethereum can be one of the strongest.
ETH/BTC Building Inverse Head & ShouldersETH/BTC looks to be hitting support on the daily time frame and is anticipated to continue building an Inverse Head & Shoulders pattern. Target of the completed Head & Shoulders will be seen at 0.04968.
ETH/BTC 4-hour chart:Key Levels:
Resistance: 0.04078 BTC (visible ceiling price).
Support: 0.03704 BTC (current base price).
2. Trend:
The price has shown a downward trend recently, stabilizing between 0.03704 and 0.03780 BTC.
A lower high pattern indicates weak bullish momentum.
3. Volume:
Volume spikes show occasional interest but are inconsistent, suggesting buyers and sellers remain cautious.
4. RSI (Relative Strength Index):
The RSI is around the 40-50 range, which is neither oversold nor overbought. This signals neutral momentum with no clear bullish dominance.
Bias Toward Ethereum (ETH):
Short-Term Opportunity: ETH/BTC has held its support around 0.03704. If it holds this level and breaks above 0.03800 with volume confirmation, a push toward 0.04000+ is possible.
Risk: A break below 0.03704 can open the door to further downside, toward 0.03500 BTC.
Trade Outlook:
Bullish Case: Look for a breakout above 0.03800 BTC with strong volume to target 0.04078 BTC.
Bearish Case: A close below 0.03704 BTC increases bearish risk.
Given Ethereum’s current positioning, bullish momentum needs confirmation, but ETH looks slightly favorable at this support level for a cautious long entry.
Is it ETHEREUM waking up now? ETHBTCI´d love to see how this one goes. We can see a breakout, and should ride it at least for a +25%.
#Altcoins + #Ethereum looking good!CRYPTOCAP:ETH \ CRYPTOCAP:BTC parity, which is an important keystone for the #Alts market, continues its upward movement sharply from the major purchase zone with the two-week chart harmonic bullish gartley pattern.
Potential Gains against BTCEthereum stands to gain ground vs Bitcoin if it can get and hold above the red line above.
Targets on the chart.
If it fails to get and hold above the red line, it may re-test the green line first before moving up.
If the green line is tested and lost, expect equally measured moves to the downside instead.
ALTSEASON ??? yeeeaah but NOThere is no magic just simple analysis
It will not be like previous, so called ALTSEASONS
But worth to buy.
Enjoy :)
ETH/BTCAlmost time to switch over to ETH from BTC. Price came down and mitigated that grey weekly zone. Also looks like structure is in a bullish harmonic pattern. Long story short... If you want to know when to enter long here... wait until price close a weekly candle above 0.041. That will be a weekly bullish break of structure, and also an entry with less risk.
ETHBTC - Time to think positiveA liq trap is possible with daily wick under the line. Weekly trend is still bearish but we can start thinking positive. Even with a target of around 2018 highs.
I am an amateur trader. I sometimes enter into trades. Other times it is only an analysis. Trade with your own risk awareness.
When does the altcoinseason start?
ETH/BTC parity is important to define the future altcoinseason.
For the future growth of the market, it is very important that that downward channel is broken at the top.
I posted 2 possible scenarios.
The first currency that will start giving the altcoinseason signal is ETH.
The blue arrow indicates the first zone of greater resistance, it will definitely be broken and I will expect it to touch the old ATH, maybe even surpass it. We have to take into account inflation which will help us in creating a new ATH. Until then, we go with the market and update daily because anything can happen.
Potentially a good time to switch from BTC to ETH.Hi all, let's look at the 1W ETH to BTC chart, in this situation we can see how the price is moving below the downtrend lines, in this situation we have several such lines which also indicate strong resistance places for the price in a given move.
Currently, a correction is visible, but as the trend reverses, resistance levels are visible at the following levels:
T1 = 0.04504btc around 21.5%
T2 = 0.05346btc around 44%
T3 = 0.06004btc around 61.5%
T4 = 0.06652btc around 79%
T5 = 0.07623btc around 105%
Now let's move on to stop-loss in case the market continues to fall:
SL1 = 0.03166btc
SL2 = 0.02213btc
SL3 = 0.01612btc
On the RSI indicator, we have a visible movement at the lower end of the range, which could potentially indicate an upcoming increase, here it is worth watching the trend line under which we are moving, because the moment of approaching it gives a renewed price recovery.
Crucial Moment for ETH/BTC- ETH/BTC is approaching the end of a symmetrical triangle formation on the daily chart, which began back in July 2022.
- The CM Williams Vix and Ultimate RSI indicators suggest that the bottom was established in late March 2023.
- Currently, ETH/BTC is testing a significant resistance line that has held strong since July 2017.
Additionally, considering the Bitcoin Dominance nearing a resistance point (see attached analysis below), it wouldn't surprise me if we witness a breakout for ETH/BTC, resulting in a decreasing Bitcoin dominance and Ethereum outperforming BTC at the moment.
I will conduct further analysis below using other timeframes
ETCBTC is showing UPTHRUST , it can give better return over BTCreletivly etherium can give better return over bitcoin from this level..
invest 5% of your capital
risk /reward is very good
confidence intrade - High
this is not a financial advoice , just for educational purposes .
ETHBTC ForecastETHBTC reached the weekly bottom trend line after exactly 30 weeks when the 50 weekly EMA crossed the 200 weekly EMA (death cross).
ETHBTC will go to the nearest resistance of 0.05-0.052 (in January) and then correct to 0.04-0.042. This happened also in January-February 2021.
After this, ETHBTC will go to ~0.08 at the resistance.
ETHBTC To the Moon ScenarioScenario: Macro Cup & Handle plays out...
This assumes the crypto market becomes bullish again and we get that final leg up in the bull market. ETH will become the strongest altcoin ever EOY.
Ethereum (ETHBTC) Three Years Long Correction EndsGood morning my fellow Cryptocurrency trader, I hope you are having a wonderful day.
ETHBTC (Ethereum) is now reaching the end of a major, long-term correction, a bear-market. This pair peaked the week of 6-December 2021 and several weeks ago it bottomed. Support was found exactly at the 0.786 Fib. retracement level in relation to the bullish wave that took place between September 2019 and December 2021.
The week that produced the bear-market bottom, 18-November, ended as a Doji (reversal signal) and closed green. The following week was full green and this leads us to present time which is a continuation and green session as well.
The Doji can signal reversal when it shows up at the end of a trend. This reversal is only confirmed by what happens after the signal shows up. We have bullish action after this Doji making it a confirmed reversal signal.
It is not only ETHBTC but other related pairs are doing the same. We can expect long-term growth now, something similar to September 2019-December 2021. We will see this pair growing with Bitcoin and/or against Bitcoin, doesn't matter; it is set to grow long-term.
When Bitcoin goes sideways, it grows.
When Bitcoin retraces it grows.
When Bitcoin goes up, it grows.
The bottom is in.
ETHBTC will produce higher highs and higher lows.
Thank you for reading.
Namaste.
