I expect BTC to head down to the .236 fib where it will likely bounce back up and retest the .382. USD Target --> Appx. 9200 (aim for 5%-10% higher to hedge risk.) BTC/USD rebounded well after hitting the local low of the correction. The pinky lines signify the upper and lower extreme of the downtrend channel that BTC has been bouncing around since late...
ETH/BTC in a strong uptrend. However, recent increases are not confirmed by increasing volume. Look for a consolidation to the .5 fib level (coinciding with the uptrend line) before continuing its run and be wary of the bottom RSI support, as it is unlikely to cross that. As long as ETH/BTC plays within the green line to the right, then we are in an uptrend. A...