davec83

ETH turning around soon?

Panjang
BINANCE:ETHBTC   Ethereum / Bitcoin
ETH is looking weak ( more like free-falling :D ) against BTC and has yet to find support. But I believe we are getting close to finding a turning point. If BTC crosses $8,000 and more money flows into crypto currencies, ETH could turn around real fast at or near one of the marked levels of support (blue dashed lines on the left chart).

Thanks to BTC, the USD chart looks a lot better. ETH/USD has been accumulating for a while and it seems like it wants to go for a bull run, to at least low to mid $600s.

Penafian

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