BitcoinLong
Possible scenario of new high for BTC in May/June
Looking at the trendlines of ETH the following scenario could be possible:
- further retracement of ETH until touching the bottom trendline to a value somewhere around 0.030-0.035 BTC
- bounce and trend reversal of ETH presumably driven by trend reversal of BTC in parallel having reached a new high
hard to say when this could happen exactly, but possibly in May or June 2018.
- further retracement of ETH until touching the bottom trendline to a value somewhere around 0.030-0.035 BTC
- bounce and trend reversal of ETH presumably driven by trend reversal of BTC in parallel having reached a new high
hard to say when this could happen exactly, but possibly in May or June 2018.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.