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oaksacorn
Oct 24, 2017 6:30 PM

Roll 

Bitcoin / U.S. dollarBitstamp

Description

We can see BTC $ roll into ETH. Makes sense and ETH seems to want to hold 282. Could make the argument that ETH wants BTC to move on to a high of 7600 ish 0.00% as ETH builds a base above the current levels and take out resistance line of 394. Or is it muted 5 and done for (1) of ((3))? Still hard to tell. 5402 would confirm a muted 5 and the beginning of (2). Then it would be .382 back to 4235, .5 back to 3527 and .618 back to 2902. Hard to say. Oversold levels in ETHBTC seems to support the high 200s for ETH no matter. Lack of ROC luster confirms (1) of ((3)). ROC will explode again ( note (3) and (5) of ((3)) ) when we start (3) of ((3)) ). Bitcoin is maturing as it trades with much more back and forth.
Comments
filipnr1
Yes ofc, the market depth hasn't increased in 2 months, but still there are ppl having wet dreams about BTC reaching 10k+
Benjamix
Beauty of a chart, Thanks for Sharing !!
oaksacorn
@Benjamix, Thank You!
Ingemkts
Hi, your analysis as always: one of the best
oaksacorn
@Ingemkts, :-) Thanks
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