The top three cryptos: BTC, ETH, and XRP are today's topic of discussion after the SEC dropped the XRP news. Everyone on Twitter is picking each other apart and calling each other names, with the instigator being none other than Brad himself trying to front run the SEC lawsuit news. Ethereum is the first choice of every trader after BTC. CME will launch ETH Futures on 8 February and this is huge news for ETH. ETH mainnet is successfully launched and many exchanges started the ETH staking pools. We will see a shortage of market supply and the demand increase as ETH futures launch on the CME exchange. Hello Dear Traders, After launch of ETH , eth was looking like it surrendered to btc price action. bt today i deeply analyzed eth and i found very mature chart pattern growing strongly. currently eth is trading in rising wedge, lower trendline of wedge is giving strong demand whenever price touches boundaries of lower trendline and upper.
Tradingview.com eth btcETH BTC – Ethereum to Bitcoin Price Chart — TradingView
If you like my ideas, please click the "Like" button. I'll be ETH gave very nice spike after touching daily demand zone 1 , i m expecting very nice rally upside. Possible bounce from trend line - see TPs. Let me know in comments.
Just a chance to buy at lower price, probably one of the last before retesting the ATH, so I will go all in if it plays. Long Trade Setup 1: Retest and Continuation To open a long position, we are waiting for price to move up a bit, then retrace back down to test the MAs and then continue moving up.
Trade Entry Confirmation: 1. If the support at 0. Technical analysis: While the RSI downtrend 1 is not broken, bearish wave in price would continue. A peak is Key patterns to look for when attempting to gain insight into potential future price action. Videos only. This time it's different. ETH to the moon? Alt-party in january?
Triple pattern for further rising! Next Target! Chainlink is showing the same picture as many other alts coins, hanging close to a neckline but also close to a resistance to break up. On the right i have made a range, between the red and the green. I think that a break of either of them, is probably the answer to what the direction will be for the coming days.
Since it's weekend now, there is always a chance This is a simply comparison study of Bitcoin and Ethereum on the log scale of the 1W time-frame. As you see on the chart, we should be past debating whether or not the market has made a bottom as the price not only broke above the 1W MA50 the blue trend-line but is also about to test the 1W MA That brings us to the essence of this idea, as near Hope this idea will inspire some of you! Kindly, Phil. On the left it looks as if there is a channel, where it's moving in the middle of it.
I have drawn a trend line there as well, but must say i am normally not a fan of these kind of lines, they I believe we might be able to break through and continue the bull channel and make higher highs.