ETHBTC Market Overview 0520 2018

Given the structure of the ETHBTC pair I am BULLISH

Ethereum is the BASE
Bitcoin is the Quote

When price of Ethereum gains MORE Market Cap and diverges away from Bitcoins dominance, we will see this chart move UP

We can see consolidation / accumulation phases as if this was any other tradeable pair

Whether you trade on Leveraged accounts with Margin or directly invest through an exchange of your preference...

Targets outlined in Green

Looking for a breakout to confirm directional bias

Important Fundamentals include: G20... Technical Implications of Adoption, New Investments
Beyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternsconfluenceCryptocurrencyEthereum (Cryptocurrency)Fibonacci RetracementForexfundamentalbitcoinTrend Analysis

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