FX_Professor_88

ETH vs BTC - Confirming today's charts

Short
BINANCE:ETHBTC   Ethereum / Bitcoin
Ethereum vs Bitcoin ratio seems to be declining. Our chart actually shows we could a expect a drop as big as 32%...

That means that Bitcoin can start rising faster than Ethereum .
Or that Ethereum can start dropping faster than Bitcoin
Or the perfect scenario that Bitcoin rises and Ethereum drops.

How do we use such info?

Well, we can hedge: Buy BTC / Sell ETH 😉

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Comments

Interesting chart over here! Thank you 👌
+1 Reply
FX_Professor_88 FXtrades-gp
@FXtrades-gp, Thanks buddy. Let's see how it goes now
Reply
I agree with you sir. Everybody is super bullish on eth to gather more satoshi’s but I doubt it. I exited my full eth position today as I dont see any major alts outperforming btc apart from Link and maybe Dot. The only alt that hasnt really mooned yet is Link.
+1 Reply
capillatus cryptobullethbtcxlm
@cryptobullethbtcxlm, you have made a mistake. eth will be rocketing before next btc correction. You possible sold it the local bottom.
+4 Reply
@capillatus, you are thinking with the heart.. an investor/trader must think with the chart
+1 Reply
capillatus FX_Professor_88
@FX_Professor_88, I am not thinking with my heart in crypto.. that is the capital flow..
+1 Reply
@capillatus, was meant for the othet guy, sorry bro
Reply
FX_Professor_88 cryptobullethbtcxlm
@cryptobullethbtcxlm, ok. thanks for sharing your thoughts my friend
Reply
Great work. Thank you for all your time you spend helping are community become better investors. I did unfortunately think BTC would have a major retest in the low 30s then jump in. Question is did I miss the BTC boat or wait for an ETH pullback. Been up in the air and don’t want to force it. Was wondering some suggestions. Your chart has helped me understand much more.
Once again thank you for your great work and time.
Reply
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