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jaepayne
May 23, 2020 11:07 AM

Ethereum Daily Priced In Bitcoin Outperforming Other Cryptos Long

ETHUSD/BTCUSDCoinbase

Description

Just like the weekly chart, this one shows Ethereum ETHUSD priced in BTCUSD, is forming a higher low + when compared to other major cryptos. So my thoughts are that coupled with the longer term weekly
chart, as well as recent fundamentals with bitcoin (halving) as well as current economic conditions, looks like Ethereum has given a hint that the next bullish move is underway (not just for ETH but for all cryptos since they are correlated).
Comments
transparent-fx
here is my overall viewpoint on ethusd at the moment
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