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CryptoComes
Oct 17, 2019 6:13 AM

ETH/BTC - A slight correction might have started already Short

Ethereum / BitcoinBinance

Description

The leading altcoin located in the descending channels from mid- May 2019 until the beginning of September. Currently, ETH is trying to fix above the vital level at 0.02 BTC.
On the 1D chart, Ethereum is about to face a decline from the current levels. There is no buyer’s pressure and the level of trading volume is decreasing. Thus, the MACD indicator has switched its direction and currently moving downward.
Summing up, ETH is about to achieve the nearest support level at 0.019 BTC.
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