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RE: BTC and ETH rebound, but still in downtrend
I think we have bottomed out and agree with your caution through the zones youve mentioned (for the week) but I think, especially since it seems BTC will successfully clear the SegWit hurdle and that the ICO hangover has cleared for ETH, both will be long term way up.
call for EoY
BTC - 4K
ETH - 500
My fav projects to date (only listed if i understand the project not the hype)
ETH
BTC
LTC
XRP
SIA
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BTC Wallet - 1KmQv2oDbnGMwZG1Wcxy9P216Te8jLm6QW
ETH Wallet - 0xDd464328A8dB6424C3C09E21c767c086245F0145
Thanks for your comment, i agree on your long term scenario. But i think we will make another leg down first before we're moving up further.
Based on.......
The fact that both pairs still trade in their respective downtrends and that i first want to see the resistance levels taken out before I believe we have a more sustainable recovery.