ETH VS BTC, Ethereum should outperform this summer! For Binance: Ethbtc by Swissquote – TradingView

1) The ETH/BTC ratio has validated a major bullish reversal, it is the signal of an outperformance of the Ether facing the BTC until the end of the cycle in progress

The relative strength cycles between the price of Bitcoin and the course of Ether are cycles eth vs btc, ethereum should of several years, 5 to 6 years. Moreover, The technical analysis highlights the presence of an extreme historical graphic support which has enabled in recent weeks a. Therefore, bullish reversal of the ETH/BTC rate. Furthermore, Conclusion. Similarly, it is now the Token Ether which will outperform the course of Bitcoin and it should last until the end of the current cycle, that is to say October/November.
The graph below exposes the Japanese candles in weekly data from the ETH/BTC rate

2) The dominance of the BTC is in the process of validating a lower divergence

It is a long -awaited signal by the Cryptos investor community. However, namely the day when the dominance of Bitcoin will recede to give way to better relative behavior of altcoins. Meanwhile, It is a phenomenon called “the Altcoins season”. Similarly, the latter will be set up if and only if the eth vs btc, ethereum should dominance of the BTC gives a downward reversal signal. This is why we must put this potential downward divergence under close surveillance on the dominance of the BTC.
The graph below exhibits the Japanese candles in weekly data from the dominance of Bitcoin

3) What course objective is to consider for ETH/USD according to the lessons of the technical. analysis of the financial markets?

The ETH/USD rate has offered a firm rebound on its 200 -weeks mobile averages which reinforce the lower part of. a chartist support configuration at $ 1500/2000. Consequently. the ETH/USD rate should be able to stretch towards the upper part of the technical configuration, supported by incoming flows on ETH ETH SPOT US. This therefore corresponds to resistance to US $ 4,000.
The graph below exhibits Japanese candles in weekly ETH/USD data with an upward trend above simple. exponential mobile averages at 200 weeks

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