electo
Long

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

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.
do you see this bouncing at 0.03/0.04 or rolling over until we get closer to 0.016?
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@Jaaj this one is for you.
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Jaaj electo
@electo, Cheers dude
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