Get started
knownasJK

ETHBTC TO SLIDE BACK ON THE ASCENDING CHANNEL

Short
Ethereum / Bitcoin (BINANCE:ETHBTC)  
knownasJK  
BINANCE:ETHBTC   Ethereum / Bitcoin
Trend Analysis Technical Indicators Chart Patterns ETHBTC ETH BTC Ethereum (Cryptocurrency) Bitcoin (Cryptocurrency) ETHUSD BTCUSD Cryptocurrency
3
0
trendanalysis indicator chartpattern ethbtc eth btc ethereum bitcoin ethusd btcusd cryptocurrency
ETH/BTC, THE RECENT PRICE ACTION THAT WE HAD IN THE LAST COUPLE OF MONTHS, BUILT A MARKET STRUCTURE THAT COULD LEAD THE VALUATION OF ETH AGAINST BTC BACK IN OUR ASCENDING CHANNEL.
IN MY OPINION WE WOULD REVIST THE LOWEST TREND LINE OF THE CHANNEL, TARGET: 0.034 BTC.
IN THAT CASE, GIVING THE CURRENT VALUATION OF BITCOIN ( APPROX 33K) WE WILL HAVE A ETH/USD PRICE OF: 1122$ .
HOPEFULLY THIS SCENARIO WILL PLAY OUT AND WE WILL HAVE A CHANCE TO ACCUMULATE ETH AT A BETTER PRICE.
HAVE A NICE CRYPTOWINTER.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.