BitcoinShort
BTC/ETH ratio - possible short
The last time we had a run up to this ratio in 2022 the BTCETH ratio had a sharp pullback to the 2-year mean of 16 and lower.
ETHUSD is showing a bit of strength, BTCUSD some exhaustion and the price action is looking similar, we could see a repeat.
Short 1 BTCUSD , long 18 ETHUSD if you want to play this.
ETHUSD is showing a bit of strength, BTCUSD some exhaustion and the price action is looking similar, we could see a repeat.
Short 1 BTCUSD , long 18 ETHUSD if you want to play this.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.