I mapped the Fib. retracement tool. If you look at the OriginToken (OGNBTC) article that I just published, you can see that the correction/retrace took its price below 0.786 level, this is normal.
Now, notice that for Etherem (ETHBTC) the correction/retrace could push prices only to the 0.382 fib. retracement level, signaling that this Altcoin pair is really strong.
Well, that's not really the point.
Ethereum is really bullish vs Bitcoin.
Currently, we have its price trading above all the EMAs that I use. EMA10/21/50/100/300. Also above MA200 which is an important one.
The RSI and MACD are also both strong and bullish and support growth from this point forward.
This pair can easily fly... There is room for so much growth.
Looks like Ethereum will be getting a bit closer to Bitcoin soon enough.
Thank you for reading. Thanks a lot for your continued support.