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ETHBTC retrace before going up
Ethereum / Bitcoin
Long
ETHBTC retrace before going up
By zhongzhyu
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Updated
Aug 4, 2017
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Aug 4, 2017
BTC will hopefully retest $2900 and fail.
I am expecting a big crash for BTC.
ETH is at a high-high in short term. Wait for it to drop a little bit before all in.
Aug 4, 2017
Trade active
Buying in at 0.077 and 0.075.
BTC will rise to $2900 and probably restest $3000. Those entries are ideal for this moment.
Aug 6, 2017
Note
ETH is taking over BTC
Aug 6, 2017
Note
We see a breakout of the previous high point on ETH, however BTC has failed.
There are huge buying orders supporting ETH at this moment.
Trend Analysis
zhongzhyu
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