You are viewing a single comment's thread from:
RE: Daily Crypto Analysis - 27th Feb - Technical Analysis
What do you think about ETHBTC perstective in few weeks? Do you think it will cross the 0.1 BTC level soon?
Here is my latest analysis regarging to that pair: https://steemit.com/ethereum/@dkn/ethbtc-market-overview-16-25-feb-elliott-waves-and-support-levels
I wait for the leap.
It really depends where its next support comes at. A strong bounce before 0.0780 would form a good double bottom which could easily see a push towards 0.1000. If not, then we're in for further drops over the next week or two.
Bitcoin's movement will be a major factor in where the support forms. If/ when it continues its bearish leg then ETHBTC should continue its bullish counter-trend.