First, let's see what the ETH/BTC chart is advantage:
It shows us whether to invest in Bitcoin or Ethereum, of course, according to the market cap of cryptocurrencies.
Considering that more than 80% of the tokens are in the Ethereum blockchain. When ETH/BTC is bullish, Bitcoin dominance is bearish, and the total market cap is bullish, we can expect the start of the Altseason.
ETH/BTC is in the form of a zigzag(ABC/5-3-5) corrective structure so that the main wave C is forming an Expanding Ending Diagonal.
I expect microwave 5 of main wave C to finish in the 🟡Price reversal zone🟡 and 🟢heavy support zone🟢.
Ethereum/Bitcoin Analyze ( ETHBTC ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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.