tell me your ideafor the next year
ouch
BTC and ETH will hold their rhythm to hit the ceiling and floor
ETHBTC trade ideas
my idea about ethbtcIn my opinion, altcoins will have a fall. Bitcoin will have a short-term growth and after that Bitcoin will reach the ranges below 17000 and after that Bitcoin and altcoins will move to the ranges higher than the previous ceiling(ATH).
#Ethereum Pullbacks, but will Bulls Reclaim 0.088 BTC?Past Performance of #ETHBTC
Ethereum is outperforming Bitcoin at spot rates even with the dump on August 14. Thus far, ETH is up a massive 58 percent versus the digital gold, with more headroom, reading from the formation in the daily chart. In the days ahead, traders should watch out for how prices react at last week's highs at 0.079 BTC, gauging how the medium-term formation will be.
#ETHBTC Technical Analysis
The August 14 bar is engulfing and has relatively high trading volumes. After gains from mid-June, ETH prices may recoil briefly before another leg up because of fundamental factors. Accordingly, traders may search to buy the dips above 0.073 BTC, marking August 10 lows. If prices retrace from last week's peaks but are maintained above 0.073 BTC, the uptrend will be valid from an effort versus results perspective. Bull resumption would likely push ETH back to December 2021 peaks at 0.088 BTC. If not, sharp dumps below 0.073 BTC may complete a head-and-shoulder formation, swinging price action for BTC bulls.
What to Expect from #ETH?
ETH bulls are solid and have the upper hand. Even so, for the uptrend to be valid, there must be a sharp close above last week's highs. A spike above this liquidation level may see ETH float to 2021 highs.
Resistance level to watch out for: 0.081 BTC
Support level to watch out for: 0.073 BTC
Disclaimer: Opinions expressed are not investment advice. Do your research.
ETHBTC-SELL++My idea was previously a little early, but overall am having the view we will see 0.0615-0.0625 area.
We are at the high end of the BB and negative stochastic RSI and RSI is overbought as well.
Strategy SELL 0.0770-0.0815 and take profit @ 0.0637 for now.
ETHBTC also breaking above large symmetrical triangle on monthlyThis triangle is found on the 1month log chart. This pattern is more speculative than the smaller inv h&s and bullflag patterns I posted in the previous idea to this that I will also link to this idea. If the ethbtc pair were to hit this symmetrical triangles breakout target ethereum would gain insane dominance against btc. Again this pattern validating is much more speculative than the bullflag and inv h&s patterns I posted in the previous idea…but as of now this pattern is still a valid one….even if not quite to be seen on the linear chart. *not financial advice*
ETHBTC days away from 1day chart goldencross.Here we see the monthly logarithmic chart for the ethbtc pair so the impending golden cross is not shown here. It is only a few days at most away from crossing and we can see here on the log chart that the ethbtc chart’s priceaction is well above an inv h&s pattern and likely has validated the breakout of this pattern even though we haven’t reached its full measured move target just yet. We can also see how price action is now poking a monthly candle above this monthly bullflag in white here. I think it is very possible for ethbtc to continue pumping past the 1day golden cross on its way to hitting both of these chart pattern’s (bullflag and invh&s) targets. However there is such huge anticipation for Ethereum switching over to proof of stake that there is a high probability since the date for it has been announced so far in the future, that it will be a buy the rumor sell the news type of event that pumps up until the event then dumps the week or day of. The one possibility that could keep this from being a sell the news event however is If enough people post predictions that it will be a sell the news event…in which case if everyone in the herd is expecting a sell the news dump it could even continue to pump day of. For now though, it seems the overall sentiment believes the switch will lead to a pump so sell the news has a higher probability at the moment. That could change the closer we get if more and more analysts and youtube personalities start warning of a sell the news event. Quite the paradox really lol. In the short term however I think continued upside after the golden cross is likely, but if we dump on the day it switched to proof of stake the golden cross can still easily be a fake out that flips back into a death cross soon after, so it’s wise to stay vigilant. *not financial advice*
ETHBTC - IdeaAn Idea comparing a previous point in ETHBTC's price evolution to current
The bottom structure is very similar following the top formed
Ethereum raging aginst the machineETH showing strength leading into the POS which has been dated now for the launch around 16th September
ETH against BTC can pump ~18% from hereHi Traders,
Ethereum against Bitcoin can pump another ~18% from here, but then I expect to see a significant correction.
Please hit the boost button if you agree.
Thanks.
#ETH, Attempting to break above June range#ETH
Attempting to break above June range with a potential UCTS 1D buy (candle has to close today)
ETHBTC-SELL++It run up even after my suggestion selling @ around 0.735-0.0745 range. The pair is within a large false bull flag pattern and its quite overbought. The view is same and see move lower to 0.0625 over time.
ETHBTC: PUMP BEFORE THE MERGE AND THEN?Hi guys, i'm long with Eth since 0,058 and i'm looking to understand when will be the reversal point.
Maybe we have to wait until the Eth 2.0 release?
I don't know, but maybe this month we will see a mega pump before the merge on Eth and then a huge sell-off before and/or through 2023 first quarter.
Let's see.
$eth vs $btc toppedadding bearish confluence with our overall swing bearish bias. eth vs btc feels topped.
right at the top of our resistance box. bear flag present with decreasing momentum and divs on rsi (although currently weak).
think eth will erase this entire bull move.
ETHBTCBlackRock launched a private trust to give clients exposure to spot bitcoin. Meanwhile, the hits against Coinbase keep coming, as the company is now facing SEC scrutiny over its staking programs. Lastly, OpenSea introduced a new stolen item policy to combat NFT theft. ₿
Info taking from Stocktwitts
Eth/Btc pairingETH/BTC pairing trying to breach the weekly resistance (0.08)
it's above the bull market support band. Flipping bullish.
Above previous weekly TD9.
Can we finally break the weekly resistance & head up to .1?
RSI above 50
MACD cross up bullish with positive histo
Stoch RSI looks over heated tho.
[Investment] Sell ETH, buy BTCHello fellow traders,
This investment idea might be for you if you are interested in selling your ETH for BTC. I've already sold some ETH @ 0.68.
I am looking to sell another batch at the price level marked with a blue rectangle.
Why? In my opinion, Proof of Stake is inferior as opposed to Proof of Work. I don't want anything to do with these Proof of Stake coins. I highly suggest researching this topic. So, in the end I will say farewell to all my ETH.
Good luck and happy investing!
Kind regards,
n1d0
ETHBTC updateOn the daily chart, the price strengthened after breaking through the ascending triangle below, and the price is currently in a rising wedge shape.
In the three-day chart, after the price fell below the support of the head and shoulders trend line, it came to the support price (0.049105) and then rebounded to exceed the right shoulder (0.076912), and the head and shoulders failed.
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There are two more resistances above which are marked with horizontal lines.
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If ETHBTC effectively breaks through the upper resistance, it can be expected that ETH will be stronger than BTC in the future.
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#ETH, seeking to test the highest value since mid-January#ETH /BTC
seeking to test the highest value since mid-January w/ a new HH today
Unless POS transition dates are again delayed, I believe it will continue to advance toward new highs
The UCTS indicator agrees & is bullish across several timeframes (25% since the latest 1D Buy)
ETHBTC-SELL strategyNo change in view.
We are ranging within the upward sloping channel (false bear flag) and likely this translates into a sharp decline.
For now we remain SELL mode @ 0.0720 or upwards and take profit @ 0.0637 for now.
ETHBTC-SELL strategythe current pattern is a false bull flag, and this does not bode well usually. The top of the flag is 0.0787 area and the support 0.0715 right now. The stochastic RSI is negative, and this adds to the believe we will see lower again.
Strategy SELL @ 0.0725-0.0730 and take profit near 0.0630. Place stop if desired @ 0.0790 for now.
ETHBTCThis currency pair can be considered as the origin of the movement of altcoins after the movement of Bitcoin. According to this chart, it can be seen that the price in this currency pair is being compressed and there are few buy orders and in such cases the price tends to go down.
Critical support for ETHBTCPlease 1st of all smash the boost🚀 button to support my work if you like it! It's absolutely for free.
ETHBTC dropped out of the yellow channel, broke the lime uptrendline and backtested the white downtrendline where price found strong support from Hulk.💪 After the bounce up price reclaimed the lime uptrendline and even got back inside the yellow channel and also broke the red downtrendline. I think the white confluence area of the trendlines needs to hold as support otherwise breaking down would be bearish in my view.
See the original idea here:
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
