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TeddytheBear
Mar 6, 2018 7:01 AM

Projecting future resistance lines on ETH/BTC Short

Ethereum / BitcoinPoloniex

Description

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!
Comments
Kurd0w
Really accuraat work my friend! I am starting to buy at 0.05 and i am shorting at this moment!
TeddytheBear
@Kurd0w, Thanks for the support, Kurdow! Keep a close eye on bitcoin.
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