ETHBTC has completed full retracement since 4th December 2017. Price is currently is retesting the last support. We are due for a bounce.
Reasons:
RSI increasing.
Momentum decreasing
Price retesting
Bounce of from yearly support
Full retracement
Sitting on APEX of the downtrend.
EVEN IF THIS IS NOT THE BOTTOM, WE ARE DUE FOR A BOUNCE.
Note
EVEN THOUGH ETH/BTC RSI HAS SAME TOP ETH/USDT HAS A BEARISH HIDDEN DIVERGENCE
Note
Target 1 hit
@fiatdropout
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.
@fiatdropout
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.