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SpaceCoinMonkey

ETH Disbelief

Long
SpaceCoinMonkey Updated   
BITMEX:ETHUSD   None
Trend Analysis Chart Patterns Technical Indicators ETHUSD
5
1
trendanalysis chartpattern indicator ethusd
If ETH closes this weekly above 192 this downmove was just a part of disbelief.

I think BTC will reach ATH and ETHBTC drop -20% more before it starts outperforming BTC though.

So won't buy ETH over BTC
Comment:
Nice weekly, but as with crypto total, we are retesting psychological weekly level 200 and broken trendline. All in above 210. Probably in BTC over ETH cause of falling ETHBTC. Double bottom formation does look nice but we are still below monthly levels.
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