C_E_O

ETH Strength vs BTC

Long
BITMEX:ETHUSD   None
ETH is showing a lot of strength here with a double bottom after testing the 2K support. However, BTC is showing weakness under 60K and pulling ETH down with it. If BTC can find a footing above 57K, ETH should be able to break the lower timeframe trend resistance and pump towards 2200. If not, ETH upward trend breaks and could send it towards mid 1900's
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.