ETH vs. BTC - Medium Term Trading Idea - 24 July 2022

Long

Ethereum / Bitcoin (KRAKEN:ETHBTC)

KRAKEN:ETHBTC Ethereum / Bitcoin

trendanalysis indicator beyondta ethereum eth btc bitcoin ethbtc

ETHBTC testing downside of the trading channel. In the next 2 months till end of September I'm expecting the ratio to be in range of 0.065 - 0.075 Bitcoin per Ethereum. In Q4 we can expect sharp north move

What is the supported thesis technically for the expected scenario on ETHBTC ?

- Big capitulation of ETH and strong coming back
- Etherium 2.0 coming soon
- Healthy coming back and strong alt season to 0.1 eth per btc

If you have any questions related to this trading idea I will be happy to provide you with answers. FX:EURAUD

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