BITFINEX:ETHBTC   Ethereum / Bitcoin
48 1
Macd trend support
I think we failed that support at 0.053 because Ethereum and altcoin sentiment was pretty low. Ethereum did not have much bullish news at the time. Bull volume was also weak. So we had to go all the way down to 0.028 Eth/Btc ratio to test again. Also it was heavy Bitcoin ETF news and people wanted Bitcoin badly.
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