Price analysis 12/ BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM December 14 - PM Cointelegraph Bitcoin price regained the $19, level and continues to trade in a range. * This is my highest-degree wave-count: ETH is gearing up for a gargantuan move against BTC in imho. * I have a completed primary-degree Base channel (beginning 28th Dec ) with several nesting Base channels of lesser degree now emerging. * Thick lines (Blue, Orange, Red) are , , 50 week MA. Thin Blue line is DMA. History of exchange rate for BTC/ETH or (Bitcoin / Ethereum) Recently converted 1 ELLA to DKK. 1 seconds ago. XMR to RUB. 1 seconds ago. ETH to RUB. 2 seconds ago. LTC to GBP. 2 seconds ago. ETH to AUD. 4 seconds ago. BTC to EUR. 1 seconds ago.
14 eth to btcCrypto Price Analysis for Oct. BTC, ETH, XRP, LTC, BCH - Crypto Daily™
If this level is not broken, bears may easily drop the cryptocurrency rate. Another signal in favor of this idea is that the RSI is also rebounding from the ascending trendline. In the H4 chart, the asset is no longer moving inside a Triangle pattern.
There are chances to see further growth within the frameworks of the pattern materialization. As we can see, the previous test of the trendline at the RSI resulted in a rebound of the price. A strong signal in favor of this idea is a breakout of the descending trendline at the RSI: right now, the indicator is returning to the broken line, which may lead to further growth of the price.
On shorter timeframes, Ethereum has broken the upside border of a Triangle pattern. In this case, the instrument may continue trading downwards. In the H4 chart, the cryptocurrency has left a Triangle pattern.
After a slight correction, the asset may continue trading upwards within the frameworks of the pattern materialization. Another signal in favor of this idea will be a rebound from the support line at the RSI. In the daily chart, XRP continues testing the upside border of the Bollinger Bands indicator but has failed to break it yet.
On shorter timeframes, the cryptocurrency is moving within a Triangle pattern. As we can see in the daily chart, Bitcoin Cash has rebounded from the support area. This might be a strong signal for the price to continue moving upwards. In the H4 chart, the cryptocurrency is no longer moving within a Triangle pattern: the price has broken it to the upside and may continue growing within the frameworks of the pattern materialization. As we can see, on January 3, the price bounced off the support line and rose to the level.
On its way, the price was able to break through the zone. Pay attention to the fact that the level has been constantly pushing the price down lately. For a long time X had created a W on weekly support and now the price is testing weekly resistance. We are waiting to see a clear breakout from the weekly structure and retest it as new support.
Otherwise, we can see a retracement on the 0. According to Bull FLAG? We could go to 0. You are either smart or you're short. We finally bounced and what a bounce it was! ETH is off to the races, how high and how soon will we see it peak against Bitcoin?
Why not? We can see 3k ETH very soon. I Did, and had no clue how low we could go, so I had a bunch of purchases lower as well. But now, a couple ideas to find profit for us. The ideal move here is to make more Bitcoin for ourselves.