ETH has certainly struggled this cycle as many would begrudgingly admit. BUT.. I do think ETH will shine towards the end of Q1 and into Q2. That being said I am looking for bottom signals on ETH/BTC to truly gauge it's relative USD bottom. I think ETH/BTC is on a cliff right now. Does it take off and begin to soar? or does it take one more dive before it finally awakens? A short term reversal is in the cards right now as it's testing support on a wedge breakout from the bottom. IF IT HOLDS I think a retest of 0.025/0.0295 is next.
IF IT FAILS and 0.0227 does not hold I think 0.02 is in the cards. and possibly a quick wick to 0.0178/0.0161
#NFA #Godspeed
IF IT FAILS and 0.0227 does not hold I think 0.02 is in the cards. and possibly a quick wick to 0.0178/0.0161
#NFA #Godspeed
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.
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.