Whenever ETH touches 0.1 , BTC gets all emotional. Add that to the fact that BTC hasn't completely finished consolidating after it's pump and you get what I've outlined here.
Based on last nights' observations, there are some whales with deep pockets who are very interested in keeping ETH price stable above 0.09 and I see them aiming above 0.1 tomorrow & onwards. Them times of 0.04BTC ETH are over.
If these assumptions and my calculations are true, then you get what I've outlined here.
Indicators: Gann fans Order books
Remember, Assumption is the mother of all fuck-ups.
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.