With first signs of stabilization but no history of horizontal trend on 
ETHBTC we are facing similar situation as in last downtrend. With still no real adaptation of Bitcoin, growing technology around blockchain, end of tax season and probably ICOs cash-out (77% in ETH by E&Y report) this time it should be definitive switch to up trend. BTCUSD will recovery also but at slower speed than ETHUSD.
ETHBTC we are facing similar situation as in last downtrend. With still no real adaptation of Bitcoin, growing technology around blockchain, end of tax season and probably ICOs cash-out (77% in ETH by E&Y report) this time it should be definitive switch to up trend. BTCUSD will recovery also but at slower speed than ETHUSD.Trade active
Is it done yet? Hope it's just a correction, otherwise it could be a really strong downtrend exactly like in previous situation with red arrow. 
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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.