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ETH/BTC Weekly Trend Analysis

BITFINEX:ETHBTC   Ethereum / Bitcoin
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ETH/BTC in a strong uptrend. However, recent increases are not confirmed by increasing volume . Look for a consolidation to the .5 fib level (coinciding with the uptrend line) before continuing its run and be wary of the bottom RSI support, as it is unlikely to cross that. As long as ETH/BTC plays within the green line to the right, then we are in an uptrend. A break of that line invalidates this idea.

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