Ethbtcforecast
ETH-BTC Fascinating Ribbon Pattern3 Bearish Peaks can be observed on the ribbon indicator
This lead to a bear run
Now 3 Bullish Peaks (based on trend) can be observed on the ribbon indicator. Is this an early indicator for a larger bull run on the BTC pair for ETH?
For me it is.
Currently price is under 0.786 on the 3rd peak, and should hold above the pattern that has formed, leading to a larger breakout
I forecast a ~0.3 top
ETHBTC Forecast based on Cycle HistoryI charted this on 20 May and had not looked at it since.
What I wanted to know was should I be holding more BTC, or more ETH? What will grow more according to the charts regardless of my opinion of their fundamentals or adoption ?
If the charts are a representation of the psychology of the masses, then psychology tells us : the best prediction for future behavior is past behavior.
Thus, I'm a big believer price action rhyming with previous BTC halving cycles.
You've probably heard chartists say "history rhymes but never repeats"
While I am aware that ETH was just getting started in the markets peak in 2017/2018... and it will likely far outperform BTC, I have charted a conservative forecast mimicking the previous cycle.
I've pointed out the previous ATH of BTC and ETH as well as where I think we can expect them in the months to come.
The past 2 seem to have been on track in a general sense.
Let me know your thoughts
ETH/BTC - 100%! Congratulations to everyone!On April 21, I told you about this pair. Now the price has gone up 100%. Write in the comments or u bought it?
And write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ethereum chart review Ethereum have reached target zone at 70000-71000 resistance. Market now not clear....too much money from into low grade shitcoins. Bitcoin within rising wedge. In theory breakout above 71000 can take it fast to 77000 resistance. In theory it is all parabolic and so can grow much higher than we can expect at these levels. Will wait for correction.
ETH/BTC - Consolidation Over, Time To Pay Attention??As we look at the ETH/BTC chart, we see a very large consolidation pattern very similar to Bitcoin before it broke out from its 3-year symmetrical triangle consolidation pattern. ETH looks to be setting up to make a very large move, in the not-so-distant future. We see the same symmetrical triangle with a well-defined inverted head & shoulders pattern that could send ETH prices much higher.
Many are saying the other imitation blockchains will supersede ETH, but I do not believe that is the case. Like I've said in the past, typically when the crowd believes one thing, the opposite is the end result. I hear a lot of talk about other blockchains taking over the #2 spot, but NOT 1 single other smart-contract blockchain has stood the test of time like ETH has. Yes, it might be slow for the moment, but big investors are not looking for the new fast chains that have big promises filled with hype. They're using the same logic they use for Bitcoin. They want something that has proven itself to work and is secure. Speed will come in time, but security proven via time is what is important.
I realize much of this is fundamental analysis, BUT I believe it to be an important factor in regards to the price action we'll see in the future. Remember, many said Bitcoin would get taken over by the new "hot, fast, and efficient" other blockchains, we all know that is not what's happening.
Stay level-headed, remove your bias, and stay ahead of the crowd.
Ethereum chart review Ethereum is still the most important chart for alts traders at current market. While BTC doing its dirty choppy business ETH is building higher lows and highs.... and every time it does it again the whole market gets another portion of bullishness. My target zone stay the same - 53500-56000. Above will be 64000 and 71000 from the same historical period.
#ETHBTC just broke out of this Patten. I40% Rally Incoming.Welcome to this quick update, everyone.
ETH broke out of the 995 days Long Resistance.
I believe 140% pump is incoming.
Just look at the chart it simply looks bullish.
CMP is .0495 and it can easily go from 0.10 BTC to 0.15 BTC in the next few months.
This chart will be invalidated only after a close below 0.037 BTC WHICH SEEMS HIGHLY UNLIKELY.
The first ETH CHart I posted was around .016BTC when I said it's gonna pump from there that and was the bottom.
It's currently 300% up from there.
I have been holding on SPOT from a very long time.
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Thank you
#PEACE
ETH/BTC CHART Double bottom 4 hour chart ETH/BTC CHART Double bottom 4 hour chart breakout with confirmation. Now ETH must get a strong volume support otherwise the chart will be invalidated as soon as we close below the neckline and confirm this as resistance we have a renewed sell-off into the support box. But since the BTC .D is also still sinking I think this month the Altcoin SESSION could begin. Am very interested to see what happens. I am since the support - box in ETH invested again.
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ETH/BTC ratio will determine what to be overweight/underweight ETH/BTC ratio is still consolidating after having a lower bound range breakout... previous price moves from these ratio levels have been significant and we should continue to keep an eye on the ETH/BTC chart to see if the ETH to BTC price continues the bullish breakout after a multi-year consolidation... I am personally bullish on both Bitcoin and Ethereum, but monitoring this ratio has helped me better allocate whether to be overweight/underweight BTC or ETH, especially during the bull cycle... I will update this idea as the price ratio decides the direction
Daddy of alts - ETH/BTC 😉Hello, dear traders! Everyone wanna know << When will altcoins starts actively moving again?>>
For clear understanding, it's important to analyze the Ethereum vs Bitcoin chart!💡
Let's take a look at the daily chart and add an MA indicator, that will allow us to get bullish and bearish signals!
Recently I made a tutorial post on the example of Bitcoin, who have not seen, here it is👇
What do we have at the moment?
We expect the lines to cross, which will give us a bearish signal (more likely, it will be a good buying opportunity), and then we waiting a bullish signal, which will most likely give us the opportunity to see the price at the top of the symmetrical triangle (which is highlighted inside the orange Wedge)
This rise will trigger the rise of many other altcoins!
I hope you were interested😉
Don't forget to subscribe😊
And stay with me forever♥️
Always sincere with You Rocket Bomb🚀💣
ETH-BTC Wedge Breakdown Eventuality Using more indicators
We can see similar MACD formations between these two price points (purple ovals)
Also similar price formations, with a common bounce of a MA line between the two
Evidence suggests that this wedge that has formed bullishly will break down, bearishly
A head and shoulders can also be identified on the RSI weekly chart
^ above idea suggests continuation, scrap that, bearish action is favored
This is the wedge above that price is currently within
ETHEREUM- We were right to hedge 😼👌In our previous we explained 'why and how' to hedg e (Buy Bitcoin/Sell Ethereum) and as you probably understand it's going really well.
I said it is going, not it didn't go, simply because that plan is still on.
ETHBTC drop looks like it's still in the beginning.
Ethereum is the weakest link at this stage, for reasons we explained just a few days ago; nothing has changed since this post
Bitcoin went higher as explained on this video and it will most likely test the 60,000 ATH in the next few hours/days.
Keep in touch for more.
One love,
The FXPROFESSOR
ETHBTC (Ethereum/Bitcoin) Daily Trade Setups 2021/02/19Hi guys! I will be sharing the trades that I take in real time, follow to see how my trades work out!
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Trade Setups
Below are the potential trade setups that I would be interested in trading:
Short Trade Setup #1: Retest and Continuation (200MAs)
1. Price Action: Price needs to bounce down from the 200MAs and close below 0.0372.
2. Trade Entry Confirmations: Bearish candlestick pattern, above average volume, MACD topping out
About Me
I started trading in 2008, first got introduced to bitcoin in 2009, and have been actively trading cryptocurrencies since 2016.
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DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I will not be responsible for any actions you take based on the analysis and comments that I provide. I am simply sharing what I am doing, and is not meant to be investment or trading advice. What you choose to do with the information that I provide is your own sole responsibility! The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk!
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$ETH will outgrow $BTC - $ETHBTCHere we have the $ETHBTC chart
Evident price has moved above the bottom range, and we have had a successful retest (red candle) - only the 2nd ever successful break
We have also had one successful bounce from the level
This means we should move upwards on this chart, especially if we can pass the 200MA and flip it to dynamic support
When this chart increases in value in means ETH is increasing in value against BTC, so if BTC stayed at 34K and this chart went to 0.07, ETH would be at 2.38K
Cmon the Ether...