In the “Alt-coin market preparing for a 10x move” idea (below) it was written: “A word of warning. The uptrend will not be equal across all alt-tokens” MATIC, ALGO, LTC to name a few.. as expected not all legacy projects are enjoying the multiple x gains so many in the space have seen. Ethereum has currently printed a 78% return on the dollar pair since the...
hey ! market is becoming bloody boring for most of the traders and without reaching ETH/BTC pair to 0.42 area beginning of alt season is less likely, i excpect a little more correction of price to 0.42 that is weekly support and after hugging it price will starting to rise ETH AND ALTS will make a stronger bull run that we never had before and new ATH for ETH...
rounding top, trendline invalidation, fail, lost horizontal support. Difficult to detect a possible target. Perhaps zero.
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%
#eth / #BTC pair is moving in the descending channel and nearing to see a local bottom. If price takes action there #ethereum price will likely overperform #bitcoin for a while. Not financial advice.
Charts always tell a story. Not familiar with the fundamentals of ethereum at this moment but expecting another %30 correction from here before i long eth/btc.
I think it's time for the altcoin market to start moving with the market leader
Hi, it doesn't look too good for ETH ETF in shorterm - shorting would make sense, right?
It seems that ETHBTC has lost a static support and a dynamic support and reached 0.04664 from 0.08592 in 5 waves Elliott. I expect an upward corrective ABC patern to 0.05779 (equivalent to a pullback to the lost dynamic trend line) and continue the correction. On the other hand, from the point of view of NDS, all the movement in the weekly time could be the...
I want there to be an altseason, I want a ton of alts to fly to the moon and have a crazy fun time. ETH/BTC has broken under a trendline from 2019, never even managed to make it back to it's 2017 highs in the previous cycle. I don't understand how someone can look at this and not worry for the future of alts tbh
ETHBTC is one of those charts, which can be telling us that volatility is near. Loking at the daily price chart, it can be actually finishing a larger (A)-(B)-(C) correction, currently seen in final stages of the wedge pattern within subwave 5, with ideal swing zone here around channel support line , 0.045 – 0.040 area. So, as we have been talking about for a...
ethbtc has been in the never ending channel of pain since Oct '22, but we think that's finally coming to an end. successful retest and reclaim of the April '22 low (pink box). eth looks great here, which likely signals the real start of alt season.
I'll try and be as brief as possible in this one. I believe this to be a pivotal month for ETHBTC. Either we see a full-fledged no-excuses breakdown confirmed with a weekly close below the last wick on said timeframe, or I will continue to think that a macro low is being formed here. There is everything you want to see here if you're going to take a bullish...
Major Wyckoff horizontals identified. If the inverse head and shoulders finishes painting this is an easy long.
If my view is right, the altcoins shall do the best performance in their history.
I expect the price of altcoins to make a downward movement in order to stabilize the price in sync with Bitcoin, and in my opinion, there will be no alt season this year.
With a huge divergence on the ETHBTC pair, some Alts gaining force, and the convergence with a old supply zone for Alts, I can see a HUGE alt season in the making.