$ALT RUN CONFIRMThis downturn is anticipated, with swift corrective action leading to a rapid recovery. Astute investors have been accumulating for months, in anticipation of the final surge. Stay firm; this could be significant, in my opinion. Mr. CiceroLongby CiceroVip1
ETH DOMINANCE Ethereum dominance showed strength a few hours ago. This is a great sign for large cap altcoins as well as Ethereum. There is only a little time left when he will show his strength. It is important to be ready when the impulse comes. At some point, ethereum should jump by at least 50 to 100 percent. Also Btc.D dominance will show the peak of bitcoin and then the altcoin season begins. Currently, the price of bitcoin is above 69300 both daily and weekly. Which shows that the trend continues, but I must not ignore EthereumLongby learnfromfailureUpdated 227
Swing Trading Ethereum with Bullish Signs on Weekly ChartsThis analysis explores the potential for swinging Ethereum (ETH) based on its price movement against Bitcoin (BTC) on weekly charts. While this strategy takes a long-term view (weeks to months), it highlights bullish indicators suggesting significant upside for ETH. Fundamental Optimism for Ethereum ETFs The anticipation of a positive decision on Ethereum ETFs fuels long-term optimism for the asset. Increased institutional adoption through ETFs could significantly boost ETH prices. Technical Analysis on Weekly Charts • Momentum Indicators: o RSI: A strong bullish divergence on the weekly RSI suggests a potential altcoin season on the horizon, favoring altcoins like ETH. o MACD: A bullish crossover on the weekly MACD, combined with strong bullish divergences and histograms, further strengthens the bullish case for ETH. • Weekly Trend Line: ETH has broken its downtrend on the weekly chart, indicating a potential shift towards bullish momentum in the coming months. • Price Action: o Golden Pocket & FVG: ETH has captured significant liquidity within the 70% Fibonacci retracement level, and shifting it structure forming breaker block with fvg is quite bullish sign. o Stalling in Breakout Zone: ETH is currently consolidating within the breakout zone. If it holds this area, a retest of the 2021 highs becomes a realistic target, offering a favorable risk-reward ratio. Key Levels to Watch: • Support Levels: Monitor the 0.050btc and 0.045 btc zones for potential pullbacks. These levels could act as strong support. • Resistance Levels: Key resistance levels include $0.060 and $0.070. Breaking through these could confirm a sustained bullish trend. Volume Analysis: • Increased trading volume during uptrends would confirm the strength of the bullish move. Watch for volume spikes that align with price increases. Market Sentiment: • Overall market sentiment, macroeconomic indicators, and regulatory news could impact ETH's performance against BTC. Stay updated with the latest developments. Risk Management: • Diversification and risk management are crucial. Ensure ETH forms part of a broader investment strategy with defined stop-loss levels. Scenario Analysis: • Bullish Scenario: If ETH breaks through key resistance levels and maintains higher trading volumes, the bullish trend could lead to retesting 2021 highs. • Bearish Scenario: If ETH fails to hold support levels and breaks below the invalidation point, reconsider the bullish thesis. Conclusion: Including ETH in a portfolio appears to be a promising long-term strategy based on both fundamental and technical factors. However, this analysis serves as an example of the thought process and should not be considered financial advice. Always conduct your own research before making any investment decisions. Longby Crypto_Byte91
ETHBTC - Found Support Support has been obtained at the middle of this Gaussian Channel indicator on this Monthly timeframe This is bullish extremely for ETHUSD Ethereum may outperform Bitcoin in this stage of the market. Alt season? Monthly timeframe Longby Bixley113
ETHBTC Experimant (ETH ETF long term possiblity)Ethereum ETFs are suitable for both institutional and individual investors. They provide a regulated and secure investment vehicle, offering an alternative to the complexity of directly purchasing and storing cryptocurrency. As traditional financial institutions begin to cautiously enter the crypto space, ETFs can serve as a bridge attracting more conservative investors. Institutional and conservative investors are key wordsss.Both of them means A lot of money .I mean Alotttttttttttt will enter crypto with ETH.Why?Because ETH has soo many products and apps to offer. On the chart .There is a experiment possible senario with gann,patterns and other things to keep eye on.Not %100 but possiblity you know.Longby H-A_TUpdated 5
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.Longby H-A_TUpdated 226
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 by f-73Updated 1115
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. Longby nothingchangehere0
ETH One last correctionIt seems that it needs one last correction to support at 61.8 Fibonacci level And then the explosion!by substantialIgu221080
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! Longby CCCLopes0
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. For more insightful analysis, follow us on TradingView to stay updated with our latest trading ideas.Longby Houseofcryptokings4
$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.Shortby naphyse0
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!by dogecoin_chain1
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.Longby ScottMelker5
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.by ScottMelker113
$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.Longby IvanLabrie115
ETHBTC in daily time frame In my opinion, the real alt season will happen when Ethereum breaks its downtrend line against Bitcoin.by Arzgetrade2
The eth shocker!!I dunno. seems like a long ass accumulation.. what for? a mega pump? not before some serious pain and fud imo by WimpwizardUpdated 11
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.by SignalQuant0
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% Shortby CriptoJoe1
$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. Longby drcrypto140
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. by ProR352
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. NFAby BrandonrG4