TeddytheBear

Projecting future resistance lines on ETH/BTC

Short
POLONIEX:ETHBTC   Ethereum / Bitcoin
At the beginning of march we broke the 45 degree angel, seems like we are headed to the 2/1 angel now.
We see that ETH/BTC bounced on the 50% retracement level of the recent top on February the 1st.
I expect ETH to test f 61,80% and 78,60 retracement levels before going back up.
All depends on bitcoin now.

Good luck trading!
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