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smartercaveman

ETH/BTC Approaching Long-Term Log Trend Line

Ethereum / Bitcoin (POLONIEX:ETHBTC)  
smartercaveman  
POLONIEX:ETHBTC   Ethereum / Bitcoin
Trend Analysis
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trendanalysis
The ETH/BTC pair is approaching a well defined long-term log trend line. It's current price trajectory shows a possible intersection with the trend line and the .786 fib retracement of the most recent market cycle. Buy zone from 0.05-0.045 with a target just shy of the all time high. Any decisive breach of the log trend line would negate this setup.
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