Jemil

ETHBTC Current status UPDATED

POLONIEX:ETHBTC   Ethereum / Bitcoin
9
After all, it seems that we are going to have ETH in the 300-350s range. It actually took less time than expected to break the resistance levels that I originally draw.

BTC is also doing fairly well, so, money from people who looked at ETH as an alternative will probably be taken back to BTC thus reducing volume. Anyhow, confidence is slowly gaining ground, and we are probably having 2.5k BTC and .3 ETH again, at least for now.

This by any means is no advice, just my perception on the current status of ETHBTC pair.

Please leave your comments.

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.