monkia

ETHBTC breakout in a week or two or sooner?

Long
monkia Updated   
BITFINEX:ETHBTC   Ethereum / Bitcoin
After a hellish 5 months, is ETH poised to make its come back?
Resistance line well established over the past weeks and way back before it’s explosive growth.
RSI provides plenty of room for significant up swing in ETH.
Comment:
Big day for ETH but still down on performance vs BTC. I wonder if this will start to turn around now? If ETH goes back to its high with BTC, we are looking at a 5x increase in ETH (assuming no change in BTC)
Comment:
New analysis can be found here:
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