Money Man has made a minor, logical change to his levels for ETH. There is a clear difference in the current patterning between BTC and ETH. BTC tells a more positive tale now, but do not be fooled.
Conclusion: If Money Man had to venture a guess, he would say that ETH could make a move if BTC had to surpass its current highs as there is less and less space for conservative movement, and that ETH, as historically, would correct much harder than BTC, if it was to. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
Conclusion: If Money Man had to venture a guess, he would say that ETH could make a move if BTC had to surpass its current highs as there is less and less space for conservative movement, and that ETH, as historically, would correct much harder than BTC, if it was to. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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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.