ETH/BTC: Golden Cross Reloaded?This is ETH/BTC on the daily chart.
A major event is about to unfold: the golden cross, where the 50MA crosses above the 200MA.
The last time this happened was in early 2020, around the same price zone, right after a bounce off the 2019 low double bottom and a rejection from the 0.5 Fib level, whic
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ETH/BTC Poised for a Breakout: A Technical and Fundamental ViewA confluence of technical signals on the weekly ETH/BTC chart, coupled with significant fundamental developments for both Ethereum and Bitcoin, suggests a potential upward move for the pairing in the coming weeks.
Technical Analysis (TA)
The weekly chart for ETH/BTC on Binance reveals a potential
$ETH Breakout Alert!🚀 CRYPTOCAP:ETH Breakout Alert!
Ethereum has finally broken above $ 0.02583, a strong resistance level that had stopped it for months.
ETH is starting to look stronger than BTC.
Next targets:
🔹 0.02985 – near-term resistance
🔹 0.03281 – major targethad
🔹 0.0415 – full breakout target (around +5
ETH/BTC - Finally Trend is reversing - After a long time we are finally seeing a change in the trend of ETH/BTC pair.
- Compared to BTC, ETH was underperforming for last couple of years and we are seeing some strength in ETH
- If this trend continue we can finally see some new ATH on ETH
Entry: 0.02633
StopLoss: 0.02125
TP1: 0.0282
ETH/BTC AT 200 MA RESISTANCEQuick update on ETH/BTC. As discussed, ETH is finding strong resistance at the daily 200 MA, riding it down for 5 days. On the ETH/USD chart, the 50 and 200 MAs are in the rearview. A break above the 200 MA on the daily chart vs. BTC could signal a major move in altcoins.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.