ETH AT RESISTANCE VS. BTCInteresting spot for Ethereum Vs. Bitcoin on such a big day. Right at long term descending resistance. By the way, there was bullish divergence coming from oversold RSI at the bottom, as often happens.by ScottMelker111
Massive Drawdown or Rally vs Bitcoin AheadEthereum is about to lose most of its value vs. Bitcoin, or gain near equal footing with it instead. What are the scenarios, and why? Bear Scenario: Lost a 7.2 year uptrend - failed to reclaim on re-test, failed to touch bottom of trend on re-test. 50/200 week MAs Death Cross Remain beloby dudebruhwhoaUpdated 7
ETH/BTC - BTC first, ETH next?BTC leads, the rest follows? This is ETH against BTC, not USD! So as long as BTC doesn't do a big dump, it sure looks like ETH might push next. With BTC being close to ATH and ETH still missing another 30% just to get to ATH (in USD), that does seem plausible enough. Going by this projection thoLongby TophatPandaMagicianUpdated 6611
The Looming Crash: What's Next for #ETH?Should we be concerned? The 60 EMA is approaching a cross with the 200 EMA on the weekly chart for #ETHBTC. If it breaks below the 200 EMA, ETHBTC may experience a drop of approximately 25% Shortby tobtctrading225
ETH/BTC Analysis (W) - May 21 2024ETHBTC chart is currently in a support zone. we want it to 1- cross above the yellow trendline and 2- make a good weekly close above 0.06117 in order to have a nice ALTSEASON. basically sharp rise in ETH/BTC chart means ETH is outperforming BTC and it's a clear sign of Altseason.Longby AlgoBotTrading4
Performing Wyckoff Reaccumulation on Daily Timeframe ?With ETF ETF maybe will be approve in Aug, it seems Wyckoff Reaccumulation is valid. Maybe ETH will rebound and outperforming BTC start around July or Augby Calon_Sultan4
EVERY Possible Scenario for ETH in 2024As we can all observe, ETH is doing pretty bad against BTC. And I mean neck-deep-up-sh*t-creek-with-its-mouth-wide-open kinda bad LOL. People are starting to worry and get flashbacks of the December 2020 dip of ETH against BTC. The current situation is the price retesting a historic golden FIBONby OmarsMessUpdated 224
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 Longby H-A_TUpdated 5
ETH/BTC Breakout .06-.08 retest nextAs you can see ETH/BTC broke the recent downtrend just as many people had given up hope that it would, just in time for the first ETF decision this week. DTCC has shown that the tickers are listed, does this mean the ETF will be approved? All we're missing is a tweet from the SEC saying the ETF haLongby MurderHamberder3
ETH/BTCThere is still hope that long term ETH will outperform BTC, as long as it does not breach the level set by wave 1.... Interesting times up ahead.Longby ioanniskadis2