Money Man has still been keeping an eye on the relationship between ETH and BTC. As we all know, ETH has not been looking like a follower and more like a laggard. In the last while this seems to have been changing. So there is potential now. The decision levels have changed, but not symmetrical to BTC as Money Man decided to give ETH more space for if it gets a nosebleed again.
Conclusion: As always keep an eye on the related BTC chart below for sudden moves outside of bounds (this is not a ploy to get views, but we all know that BTC has levels where choices need to be made and we also know that BTC is still the big dog – less volatile but definitely is an Alpha in the pack). Very important to me: Please leave a like if you appreciate the effort, please comment to develop this further and Please follow if you see this going somewhere that you might like to know about.
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Related BTC contribution
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Previous ETH contribution
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The next BTC chart Money Man is keeping an eye on
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If BTC can hold its position, ETH will most probably see some upwards movement.
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ETH is starting to preempt BTC movements. Money Man is planning to do an analysis on ETH soon. Many thanks.
Really interested in seeing your next update. Exciting times ahead for eth.
Rule72
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@samky39, Thanks samky39. We all have been waiting for ETH to move and glad to see it is even preempting now. Will wright another TA soon.
InkyGrip
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Good stuff, my Friend! 🦐👏🏻
Rule72
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@plancton0618 Thanks my friend in trading
samky39
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I really wonder if anything big is going to happen with eth before 1st of December.. maybe small hype up few days before.. Any chance btc is waiting for eth to move first? or at least not to make any big moves before eth is ready to take the pressure that is going to be created with possible pump? BTC almost at ATH.. if ETH should come even close to its previous ATH.. it is going to need to do some really serious pumps..
Rule72
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@samky39, Great point. Just goes to show the potential if it was to be realized. Something like a Visa adoption would make it very possible, especially with all the business cases built on ETH. Who knows, but it is good to see ETH at least following BTC again in the shorter timeframe. I think many are keen to first see ETH 2.0 work well.
Rule72
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Please remember to comment here and do the nice things like like and follow. Many thanks