AlanSantana

Ethereum Moving Up Vs Bitcoin (The Next Target Mapped)

Long
BINANCE:ETHBTC   Ethereum / Bitcoin
It's been a while since we looked at Ethereum vs Bitcoin (ETHBTC).

Here I am mapping the chart for you with two main targets.

As for the technicals...
  • We have a very strong bounce taking place marked by the last two candles.
  • The trading volume is at least twice as strong as the daily average the last two+ weeks.
  • Today ETHBTC moves above EMA10.
  • We have a positive count starting on the TD Sequential.
  • Bitcoin is likely to consolidate for a while...

These signals are telling me that ETHBTC can move up... But don't take my word for it, do your own research and make sure to have a strategy BEFORE you start to trade.

This is not financial advice.

Thanks a lot for your support.

Namaste.

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