ETHBTC looks like the worst chart in crypto.
With everything down 70-99% depending on your level of altcoin, this pair looks to be outperformed by btc.
Confluence:
3D Next high after bearish reversal zone
SFP close after deviation of range high
Tapped mitigation block
Daily Bearish RSI Divergence
Sell the news event after a fake pump into it.
Target the green 2.618 fib. Hope I'm wrong as I have eth but damn.
Bullish scenario, we hold green line and go for a new high. Unlikely imo but possible (5-10% chance).
With everything down 70-99% depending on your level of altcoin, this pair looks to be outperformed by btc.
Confluence:
3D Next high after bearish reversal zone
SFP close after deviation of range high
Tapped mitigation block
Daily Bearish RSI Divergence
Sell the news event after a fake pump into it.
Target the green 2.618 fib. Hope I'm wrong as I have eth but damn.
Bullish scenario, we hold green line and go for a new high. Unlikely imo but possible (5-10% chance).
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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.