ETH/BTC - UP UP and BELOW for BINANCE:ETHBTC by FiatDropout — TradingView

Trend Analysis Chart Patterns Wave Analysis Ethereum (Cryptocurrency) ETH ETHBTC ETHUSD ETHUSDT

trendanalysis chartpattern waveanalysis ethereum eth ethbtc ethusd ethusdt

ETHBTC has completed full retracement since 4th December 2017. Price is currently is retesting the last support.

We are due for a bounce.

Reasons:

RSI increasing.
Momentum decreasing
Price retesting
Bounce of from yearly support
Full retracement
Sitting on APEX of the downtrend.

EVEN IF THIS IS NOT THE BOTTOM, WE ARE DUE FOR A BOUNCE.

Comment:

snapshot

EVEN THOUGH ETH/BTC RSI HAS SAME TOP ETH/USDT HAS A BEARISH HIDDEN DIVERGENCE

Comment:

Target 1 hit

@fiatdropout

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