Looks like it started trading sideways against BTC. Not going up.
xtrader1
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@BillMeyer, bias is still to the upside. This whole futures-trading introduction thing will be used to justify some wild volatility in my opinion. This chart tells me what the predominant direction will be (BTC down, ETH up). The million dollar question is when.
I think BTC has some business to take care of at the upper side of the current range first:
BillMeyer
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@xtrader1, MACD seems to be at the bottom. So judging by MACD Eth should be making a run for it upward. But... BTC have surprised as many a time and taken all the oxygen out of the ALTS.