CryptiasCharts

CryptiasCharts' view on ETHBTC

Long
CryptiasCharts Updated   
BINANCE:ETHBTC   Ethereum / Bitcoin
ETHBTC :


ETHBTC is performing a +/- 280 days accumulation phase so far.
Worth to keep an eye on.
You can start nibbling for DCA; dollar cost average ( allocate small % of profits to buy ETHBTC on spot )


For leverage/ short term traders:
Safest entry is a reclaim of 0.035259 ( binance chart as reference; on bitmex , substract the price difference from eachother and you get your entry price)

This is a GREAT indicator that IF BTC is done correcting, observe alt/eth pairs to get the best performance alts.
In the bullrun, ETH will outgrow BTC hard in % growth.

I will start looking to position a leveraged position on ETH when btc is done correcting.

How to spot?

- keep track on BTCUSD chart
- keep track on ETHBTC chart —» once ETHBTC got a volume injection IF the 'test' took place ( see chart), we got our confirmation.


CryptiasCharts @ TG
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.