50/50
Updated
btc.d is testing daily 200ma as resistance, this makes me bullish on alts. Ethbtc is heading towards testing daily 200ma as support, this makes me bearish on alts.
If btc volatility increases negative, there will be a lot of blood and ethbtc could lose 200ma support and test .029
If btc volatility increases positive, eth will fly once btc volatility decreases.
If btc volatility decreases right now btc.d rejects beneath .62 resistance, eth will fly.
If btc volatility increases negative, there will be a lot of blood and ethbtc could lose 200ma support and test .029
If btc volatility increases positive, eth will fly once btc volatility decreases.
If btc volatility decreases right now btc.d rejects beneath .62 resistance, eth will fly.
Trade active
btc vol could be decreasing here, after the positive increased vol
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.