ETH/BTC Reached Strong Mid-Term Support
Updated
ETH/BTC has reached a strong mid-term support level; near 10-week low. Wait a couple more days to be sure it has reached bottom then go long. 20 mBTC is a good price target. If it falls below the support line, abandon the position.
Note
Obviously ETH blew right through the 18 mBTC support. Right now watching for a bounce on around the 16 mBTC level Trade closed: stop reached
Looks like the recent strong Bitcoin prices are bad news for every cryptocurrency right now. 
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.