Ethereum / BitcoinUpdated ETHEREUM (ETHBTC): as hedge against Bitcoin
see chart for range. This ratio seems to be strongly anti-correlated at he moment. If BTC drops, ETHBTC will rise. I don't like to short, so am using this as a hedge. At the end of the day, ETH and BTC are the only two major cryptos I would accumulate anyway. IMO if you are the kind of guy that needs to buy bottoms, you will be weeded out by natural selection anyway.
Note
ETHBTC hit channel bottom Note
When will we see the 200MA again I wonder 
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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.