ferGOD

Ethereum vs Bitcoin - The cycle [Part 2]

Short
ferGOD Updated   
BITFINEX:ETHBTC   Ethereum / Bitcoin
I don't like what I see on #ETHBTC. The increase since the start of Sep looks done and I can spot bearish divergence.

Only a move above the invalidation line can save the bulls here.

As a reminder, here's the bearish idea on #ETHBTC. However, I have to note that there is still a chance for the bulls.

The zone between 0.0171 and 0.0179 will be important. Losing that one = bearish continuation.
Comment:
Wave 5! in progress

alt season is coming

#ALTSEASON2020
Disclaimer

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.