ETH/BTC further weakness
ETH/BTC is slowly coming down to a previous support/resistance level around 0.055.
If price goes below 0.063 we can expect a bullish reaction and if it breaks the descending trendline we can see a bullish reversal.
Although the RSI is showing less and less bearish pressure, it's best to wait and see whether bears can push price lower before making any decisions to buy.
Good Luck,
CryptoTrendline
If price goes below 0.063 we can expect a bullish reaction and if it breaks the descending trendline we can see a bullish reversal.
Although the RSI is showing less and less bearish pressure, it's best to wait and see whether bears can push price lower before making any decisions to buy.
Good Luck,
CryptoTrendline
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