Ethereum / BitcoinUpdated Longing for Sats #6 - ETH/BTC
Ethereum is going to melt faces at some point this year, but I think that Bitcoin still needs to show off a bit more before that happens. The 50 EMA looks like it's about to cross down below the 200 EMA, which would be bearish in the short term. I think that ETHBTC will stay in this channel for a bit longer until it inevitably tests and then breaks that previous support around 0.055 BTC, leading to an alt season we'll be telling our grandkids about.
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Confirmed: ETH is melting faces
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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.