ETH/BTC a precarious position..

84
ETH has certainly struggled this cycle as many would begrudgingly admit. BUT.. I do think ETH will shine towards the end of Q1 and into Q2. That being said I am looking for bottom signals on ETH/BTC to truly gauge it's relative USD bottom. I think ETH/BTC is on a cliff right now. Does it take off and begin to soar? or does it take one more dive before it finally awakens? A short term reversal is in the cards right now as it's testing support on a wedge breakout from the bottom. IF IT HOLDS I think a retest of 0.025/0.0295 is next.
IF IT FAILS and 0.0227 does not hold I think 0.02 is in the cards. and possibly a quick wick to 0.0178/0.0161
#NFA #Godspeed

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.