TradingView
zackxl
Jul 6, 2018 12:33 PM

ETH/BTC Chart looking bearish Short

Ethereum / BitcoinKraken

Description

I recharted this in terms of ETH/BTC since I might consider shorting this in the near future. Eth is definetly due for a volatile move within the next 2 weeks. The fact that a cross is about to happen makes me shorten that timeframe to the next couple of days. the 20 ma is crossing downwards which is bearish. there is also 2-3 times resistance going up than down which gives the edge to the bearish scenario
More