This is not really a technical analysis, rather it is an observation that the last time ETH/BTC was this low it reached an all-time high 1.5 months later. It was also a similar time last year.
IS ETH DEAD? There is so much FUD surrounding ETH right now, it makes me feel that we've gone far below the actual valuation for ETH. I took a small trade on ETH yesterday and it's already netted me a nice profit. I will be watching this trade closely, with a tight stop loss. I still feel we have a ways to go.
As always THIS IS NOT FINANCIAL ADVISE. I am a robot form the future hell-bent on destroying humanity, please do not take advice from me. Trade safely, use a stop-loss.
IS ETH DEAD? There is so much FUD surrounding ETH right now, it makes me feel that we've gone far below the actual valuation for ETH. I took a small trade on ETH yesterday and it's already netted me a nice profit. I will be watching this trade closely, with a tight stop loss. I still feel we have a ways to go.
As always THIS IS NOT FINANCIAL ADVISE. I am a robot form the future hell-bent on destroying humanity, please do not take advice from me. Trade safely, use a stop-loss.