Bitcoin is at $6700 per one BTC and first resistance is the low at $6000, than the next one is 50% Fibo retracement of a the whole 2017 move! We will see where the Bitcoin price will reach next support level. Prices will become more and more favorable for long term holders. Short term traders will see a nightmare next couple of weeks.
Ethereum (ETH) compared to Humaniq (HMQ) coin price. Clearly visible how ETH outperformed HMQ in the last year. Maybe it is time for a reverse. Technically Humaniq looks quite good while on the other hand ETH seems very bearish right now. I am long both coins but believe in 2018 HMQ will outperform a lot. Plus lot of fundamental drivers on the back-end!
The chart presented shows how Bitcoin and Ethereum behave compared to each other in the last couple of months. Bitcoin seem to overreact in several occasions and also its top was about two weeks earlier in late December before Ethereum top in early January 2018. For now all the technicals for both assets are constructive and we keep our Long view.