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More upside for ETH trying to catch-up with BTC (target = 0.500)
Ethereum / Bitcoin
Long
More upside for ETH trying to catch-up with BTC (target = 0.500)
By xtrader1
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Dec 9, 2017
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Dec 9, 2017
ETHBTC is a great leading indicator to determine the direction of the major crypto's.
This chart clearly shows more upside for ETH at the expense of BTC.
Given the big surges in BTC lately and the relative consolidation of ETH it is to be expected that ETH will try to move up in sympathy.
Bottomline: ETH is the crypto where we expect inflows and thus a price increase.
First target is 0.40, then 0.50.
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
BTC
ETH
ETHBTC
ether
Ethereum (Cryptocurrency)
ethereumlong
Trend Analysis
Wave Analysis
xtrader1
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Sultan of Swing
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