UnknownUnicorn1016020

Jumping ahead of the king?

Long
BITFINEX:ETHBTC   Ethereum / Bitcoin
For the last days BTC rallied and dumped and ETH moved in sync, so it did not matter which one you bought.

ETH could make a sweet jump ahead of BTC in the next week according to the chart. It needs to hold its support and break out of the downtrend line.
Comment:
Breakout on the hourly chart.
Comment:
Looks good so far. We'll see how far it goes.
Ethereum has a big release in the pipeline under the codename Metropolis. The might provide good rumors and further fuel to the rocket.

github.com/ethereum/...thereum/milestone/10
Comment:
ETH is above the long-term downtrend line, while BTC is still below. Will that line be the reason they go out of sync?
Comment:
Elliot says there should be a fifth wave soon.

Comment:
ETH fun seems to be over for now.
Comment:
It broke out before it reached resistance. That is a bullish sign.
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