Is ETH the new king of crypto?
Afternoon all, Is ETH the new KING of CRYPTO? Today I am following on from the post last week regarding our Bitcoin buy and also the pattern I noticed compared to ETH. As you can see from the charts the left hand side is Bitcoin which is currently dropping in value, the structure hasn't been broken yet but still lagging behind. Still holding longs in profit on BTC.
To the right is ETH which seems to have found its support of 1500. Also with trading above the moving averages, the recent gains seem to be more sustained. What are your thoughts, is ETH the new KING?
To the right is ETH which seems to have found its support of 1500. Also with trading above the moving averages, the recent gains seem to be more sustained. What are your thoughts, is ETH the new KING?
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.