Jumping ahead of the king?
Updated
For the last days BTC rallied and dumped and ETH moved in sync, so it did not matter which one you bought.
ETH could make a sweet jump ahead of BTC in the next week according to the chart. It needs to hold its support and break out of the downtrend line.
ETH could make a sweet jump ahead of BTC in the next week according to the chart. It needs to hold its support and break out of the downtrend line.
Note
Breakout on the hourly chart. Note
Looks good so far. We'll see how far it goes. Ethereum has a big release in the pipeline under the codename Metropolis. The might provide good rumors and further fuel to the rocket.
github.com/ethereum/cpp-ethereum/milestone/10
Note
ETH is above the long-term downtrend line, while BTC is still below. Will that line be the reason they go out of sync?Note
Elliot says there should be a fifth wave soon.Note
ETH fun seems to be over for now. Note
It broke out before it reached resistance. That is a bullish sign. 
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.