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Acel
May 9, 2019 7:18 PM

ETHBTC - Early signs for a drop on USD valuation? Short

Ethereum / BitcoinBinance

Description

Ethereum / Bitcoin pair is coming out of a triangle, pullback was rejected by the range low, expecting more downside.

Comment

ETHBTC is printing a doji on the daily at 0.027 support area, so monitoring this for a short term https://bounce.https://www.tradingview.com/x/nmKLC4cm/

Comment

Macro bearish count is still possible while trading below the E high. Short term can see a little recovery, .382 pullback is at the monthly POC level.

Comment

There is a fib overlap on 0.0297, so if this is a leading diag we want to see a reaction from that level and slightly lower.



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Comments
TomPower
So it is a good point to get long ether pretty soon maybe in a couple days.
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