acesquid

ETHEREUM to bounce from 0.5 fib level?

Long
acesquid Updated   
COINBASE:ETHBTC   Ethereum / Bitcoin
Currently tracking ETH/BTC ratio to bounce from either the 0.5 or 0.38 level in light of BTC parabolic uptrend. RSI nearly oversold on the 4 hr level, 1 hr and weekly timeframes look good for new uptrend on the ETH/BTC Ratio
Comment:
Continuation of downtrend. Looks like we're going to retest the 382 level.
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