zippy1day

ETH/XBT Positive spin for us Bulls!

Long
KRAKEN:ETHBTC   Ethereum / Bitcoin
3
After a dreadful and unexpected fall yesterday there is still hope!
I refuse to believe this the end for Ether so staying long & strong.
This is a speculative H&S reversal but it has touched 0.028 levels a few times to maybe form the neck?
RSI is hitting local oversold levels so a push up does not seem unreasonable?
It is possible BTC will top around the $800 level which would be encouraging for ETH/XBT.
These are my reasons for HOPE but as always the Bears will have a different outlook.

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