BTC is passed 7300$ BUT ETH stopped at 299 and not going up anymore. It's normally moving the exact same way. It was yesterday when we moved from 7150 to 7250. Conclusion : ETH price will remain under 300$. The market already prices it in. This means the increase is due to BTC pump not followed by an ETH pump. real traders stay away from this Bull run. SHORT...
Looking at the Candlestick patterns...i should go LONG. Checking the BTC volume traded over 24hrs on bitcoinity...just make me go SHORT. If you were manipulating the bitcoin markets you would do what a market maker bot would recognize as a BUY pattern...then wait for those bots or "greedy" humans to fill the orders on specific resistance/supports. Then you...
ETH seems to be undervalued compare to the past BTC/ETH relationship.