ETHBTC looks positive
Updated
Despite recent BTCUSD fall below the 10000.0 level, the ETHUSD pair held it positions much better and stayed above the support levels. Such deviation is evident on the ETHBTC pair. The pair is in a bullish mode, crossed above the minor Angle Resistance and about to test the 0.09 level.
As it is a beginning of the week and big players could be joining the market during today, it is better to wait until the pair crosses the 0.09 level to confirm it strong bullish mode. Nonetheless, ETHBTC has some space below and dive in correction will not violate the bullish picture in near term.
As it is a beginning of the week and big players could be joining the market during today, it is better to wait until the pair crosses the 0.09 level to confirm it strong bullish mode. Nonetheless, ETHBTC has some space below and dive in correction will not violate the bullish picture in near term.
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