ETH/BTC Fib channel: lots of growth still possible
Ethereum (ETH) has been running against Bitcoin (BTC) since the beginning of 2020 which is likely due to the much greater pull back from all time highs (ATH's) in 2017. However, developments in ETH may make it a more profitable investment in the 20's. There is room to the upside of the channel without a parabolic breakthrough as ETH has tested the top only to pull back over the last several days since publish. retracement is also possible, but ETH is also running against the US dollar and the aroon up and down is still looking strong. The average range of the two assets have been increasing which is essential during bull/bear runs.
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