ETH is still providing more potential than BTC, but dependent on its sentiment and more risk. Please read this is together with the BTC analysis for more clarity. Decision Box 1 and 2 moved in for the same reasons as with BTC and relates to its levels as do all the targets, but for Green Target 2 and 3 as these are upper and lower boundaries of resistance which are far enough apart to make sense for a ping-pong if 2 is breached.
Red Targets are all BTC related.
Conclusion: ETH has been lagging and then marginally overperforming compared to Bitcoin’s levels. Up to now, it did end up making target tough. This could result in ETH not fully making it to targets if Bitcoin does not come to rest on a level, but V-bottoms or tops, so keep an eye out. Important to me: Please leave a like if you appreciate the effort, Please leave a comment and have a voice or build this out, Please follow if you think this might lead somewhere that you would like to know about.
Red Targets are all BTC related.
Conclusion: ETH has been lagging and then marginally overperforming compared to Bitcoin’s levels. Up to now, it did end up making target tough. This could result in ETH not fully making it to targets if Bitcoin does not come to rest on a level, but V-bottoms or tops, so keep an eye out. Important to me: Please leave a like if you appreciate the effort, Please leave a comment and have a voice or build this out, Please follow if you think this might lead somewhere that you would like to know about.
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Previous ETH contribution
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Related BTC contribution
