electo

Currently on Support / Floor ETH/BTC - 0.15 BTC incoming?

Long
electo Updated   
POLONIEX:ETHBTC   Ethereum / Bitcoin
Looks like its currently on a mega strong support. This also shows a long term trend channel every time we have touched that channel, we bounced and started a new alt season. This time could be the same. Bottom of said trend is 0.056 (shown on the chart), current level in my opinion is a great level to buy with small positions. I still think Eth will hit 0.15BTC.

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Comment:
ETHUSD is a different picture though. It broke support ... however with BTC going up, it should go back up. The downside is brutal.

Comment:
grinding support.
Comment:
A bounce here, will be an epic bounce. One for the books.
Comment:
just hit bottom. Could wick even lower but this is where it recovers ... or this is where it dies. When alts die, BTC also dies.

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