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ETHBTC trade ideas

Ethereum is a dealEvening mate , i gave you eth at 1600$ but once again i see a chance to accumulate this giant. Price right now is on a very strong support which we can also consider as a retest. There’s a massive pitchfork i see which causes candles to react beautifully, as you see we are hitting the floor atm . I think buying eth now is like buying eth below 500$ in the last cycle, it also indicates a good reversal signal for altcoins as well . Love you all . Daddy sharkie :)
by mastershark
5
ethereum outlookIs Ethereum dead? I don’t think so. It’s been in a period of hibernation, but I believe it's poised for a comeback. ETH has been in a descending channel for some time, but it's nearing the bottom. I expect it to retest the green multi-year trendline and bounce upward. The weekly RSI has already broken out and is currently being retested. The red circle marks where I anticipate the bounce, and from there, I believe ETH will rise again, catching many by surprise.
Long
by attaalsalim
Getting Ready for a Strong Bull Market in ETHBTC!🚀 The pair seems to have bottomed out, and the arguments are increasingly favorable for an upward movement: 88.89% Bullish vs. 11.11% Bearish. Bullish Arguments: Monthly Bullish FVA Monthly Discount Array Weekly swing low being disrespected Daily swing low being disrespected Daily Bullish FVG respected Daily swing high being disrespected 4H swing high being disrespected 4H swing low being disrespected Bearish Argument: Monthly PCL being respected so far. 🔍 We are on the verge of a bull market. Remember to manage your risk and be masters of your emotions! Don’t hesitate to take profits and, most importantly, learn from your mistakes and successes. Let’s go for it! 💪
Long
by Jaytradermb
ETH/BTC bearish: Important zones to accumulate ETH!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse ETH/BTC here. A bearish trend for ETH/BTC, with a breakdown from a triangle pattern and a potential for further declines. Key Observations: Triangle Breakdown: The price has broken below a triangle formation, indicating a potential downtrend. Lack of Demand: Ethereum is currently facing a lack of buying interest. Support Levels: If the price doesn't rebound from recent lows, a more significant drop could occur. Potential Strategy: Accumulation: Consider accumulating ETH if it rebounds from these support levels. If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
by persis10t
ETHBTC ForecastETHBTC looks like it is headed for 0.03094 - 0.032 level. Especially, if we confirm 0.043 as a resistance in the coming months and stay under it. This is a monthly chart so it will take many months to complete this move. In my view this could happen in one of two ways. The first scenario is that BTC will start the parabolic move and leave behind ETH which is my base scenario in the next 6 months. The second scenarios is that ETH will continue to bleed down and BTC will stay rangebound or slowly rise in the coming months. Here is my plan: I will be accumulating ETH if it quickly visits the 0.030-0.032 ETHBTC levels. That is when I will be looking for ETH bottoming and turning. If we bounce from the 0.043 level and confirm with volume as support, then I will be looking to buy any breakout patterns in this long timeframe. This is not a financial advice and DYOR
by CryptoBreakers
1
ETH Update An Update on ETH/BTC Trend Chart Ai : As of October 2023, we’ve seen some notable developments in the ETH/BTC trend chart that could impact market strategies and investment decisions. Here’s a concise update to keep you informed: Current Market Overview: The ETH/BTC pair has exhibited a mix of volatility and stability over the past few weeks. Here are some key observations: Recent Price Movements: Ethereum (ETH) has shown resilience, pulling the ETH/BTC ratio higher amidst increased interest in decentralized finance (DeFi) projects and NFTs. Bitcoin (BTC) remains strong but shows signs of slight consolidation after its recent rally. Support and Resistance Levels: The current support level is around 0.065 BTC, while resistance is observed at 0.075 BTC. Chart analysis indicates that if ETH can maintain its momentum, it may break through this resistance, further strengthening its position against BTC. Market Sentiment: Sentiment around ETH is cautiously optimistic, driven by ongoing developments in the Ethereum network, including the advancement of Layer 2 solutions and potential future upgrades like Ethereum 2.0. Meanwhile, Bitcoin continues to garner institutional interest, which adds a layer of complexity to the ETH/BTC dynamics. Technical Analysis: Moving Averages: The 50-day moving average hints at a bullish crossover, suggesting a possible upward trend for ETH relative to BTC. Relative Strength Index (RSI): Currently sitting at 60, indicating that ETH is neither overbought nor oversold, leaving room for further growth.
by mkk
Is an Altcoins rally coming? When? ETH/BTC 1W chart;CRYPTOCAP:ETH CRYPTOCAP:BTC 1W chart; On the chart we see two falling trend lines (red dash), one rising trend line (green dash). The price is in this range. It bounced 2 times from the OB resistance just above it. This place is weakened. It can also be interpreted that if it weakens enough, it may go up to the OB area above. It touched the lower green trend line 3 times and the last time it touched it, the mismatch on the RSI side stands out. So it gave an upward signal. The big red candle on the right shows the monthly volume. In other words, since the month started, it has gone down without going up. The appreciation of #Eth against #Btc means that altcoins are also appreciating. Accordingly, it is expected that a movement in altcoins will begin. Likewise, I have previously informed that many of the altcoins are in strong bottoms and trend compression. Although there is a downtrend extending from September 2022 to the present day, a close above the -OB level just above the current level will be the beginning of an upward trend. Therefore, it is important to follow this level.
Long
by ugurtash
ETH looking attractive again for DCAing (vs. BTC)Some of the higher buy orders within the green range triggered. FG{50/15} showing bullish divergence on the weekly chart. Good time to continue to very slowly DCA into ETH from BTC again within the golden pocket as defined (i.e. btwn the 61.8-65.0% Fib lvl), and setting more bigger buy orders within the green zone below -- these on the present backdrop of extremely negative and fearful sentiments on ETH and its future being spread around. See also:
by cybernetwork
#BTC/ETH#BTC #BITCOIN The price is moving in a descending channel on the 4-hour frame and is adhering to its limits well, and the price has reached the upper limit of the channel The price is now $22.40, which is the entry price Targeting the $21.50 area, which is the lower limit of the channel There is a strong resistance point at the upper limit of the channel that supports the decline We have a trend-hop on the RSI indicator, but more declines are expected on it
Long
by CryptoAnalystSignal