edutradinguru

BULLISH ETH provides POSITIVE indications on BTC as well

Long
BITTREX:ETHBTC   Ethereum / Bitcoin
BTC Chart is pretty noisy and we may get mixed evidence based on which indicator we are checking.

This is therefore a great occasion to take a look to ETH in order to be able . Indeed, as per previous ideas, we mentioned many times that ETH is always LEADING, not LAGGING.

ETHBTC has been sideways for a while but is above 0.07 key support and will be heading to 0.1 soon. I believe that after the bull-run is completed, we will talk about Flippening again (see the second idea below)

ETHUSD weekly close is going to be the highest ever, despite the price being below the ATH and the previous high. Sign of a continuation of the trend.

By the way, the Channel that has been drawn a few months ago is still holding well.



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