Rule72

Selling Stop

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BITSTAMP:ETHUSD   Ethereum
Money Man has still been keeping an eye on the relationship between ETH and BTC. As we all know, ETH has not been looking like a follower and more like a laggard. In the last while this seems to have been changing. So there is potential now. The decision levels have changed, but not symmetrical to BTC as Money Man decided to give ETH more space for if it gets a nosebleed again.

Conclusion: As always keep an eye on the related BTC chart below for sudden moves outside of bounds (this is not a ploy to get views, but we all know that BTC has levels where choices need to be made and we also know that BTC is still the big dog – less volatile but definitely is an Alpha in the pack). Very important to me: Please leave a like if you appreciate the effort, please comment to develop this further and Please follow if you see this going somewhere that you might like to know about.
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Related BTC contribution
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Previous ETH contribution
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The next BTC chart Money Man is keeping an eye on
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If BTC can hold its position, ETH will most probably see some upwards movement.
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ETH is starting to preempt BTC movements. Money Man is planning to do an analysis on ETH soon. Many thanks.
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Next ETH contribution
Penafian

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