Ethereumbitcoin
ETH-BTC Indicator Analysis - BullishA bullish case for ETH-BTC
Similarities in price action can be seen within the boxes
This is better shown on the log trend indicator
The 200MA is extremely flat, suggesting that it may rise rather than fall
Also the Ichimoku indicator shows that price has broken above the cloud, now the cloud will act as support for price rather than resistance, such as it did in the previous scenario (first box)
Attaching some other ETH-BTC ideas
I am long Ethereum..
Ethereum Chart ArtUsing triangles to make cool colour patterns
In this case it is the recent uptrend formed on Ethereum
I believe this channel formed will breakout to the upside in a strong fashion, it is just a matter of time
Enjoying making cool patterns like this
Linking some more serious ETH predictions
ETH/BTCHello! MacD indicator shows a good buy signal on ETH / BTC!
Usually, a Buy signal is considered when the MACD line (blue line in the figure) crosses the signal line (red line) upwards. A Sell signal is considered when the MACD line crosses the signal line from top to bottom.
The larger the timeframe (the time period of one chart element), the less false signals will be.
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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
ETH IS ABOUT TO MELT FACESWe have heard a lot of talk about ETH Gas Fees, DOT is taking over, ADA, SOL . . . BLA BLA BLA. Let the Alt king show that patience pays off. I would expect this bad boy to melt faces soon just like BTC did earlier in the year. The longer the consolidation the louder the bang. . . . Needles to say I am continuing to accumulate at these levels and look forward to seeing my net worth grow.
Ethereum Bear Vs Bull - CircleWithin the bear circle trend we can see areas of resistance (in red)
What really draws my attention though is the bull trend, where price is sitting currently above 2.618! this area will act as support for price.
This is ridiculously bullish for Ethereum.
I can't believe I am just seeing this now..
BUY BUY BUY
Attaching some of my other ETH analyses
Bix
Ethereum completing big Cypher for upto 58.5% rallyHi friends hope you are well, and welcome to the new update on Ethereum coin.
On long-term weekly chart chart, After formation of BAT and Gartley patterns, the priceline of ETH with BTC pair is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There are also 50 and 100 simple moving averages supports in this buying zone.
This trade has a profit possibility of 58.5%, and the loss possibility is 14%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ETH-BTC Gann - Areas of importanceCircle is the main area of importance, would be great to hodl and continue the up trend.
The main bull breakout can be observed above the curve of resistance plotted (arrow)
If this trend hodls a very large breakout may result against bitcoin
Ethereum hodls utility, Bitcoin is a store of value.