ETHBTC looks like the worst chart in crypto.
With everything down 70-99% depending on your level of altcoin, this pair looks to be outperformed by btc.
Confluence:
3D Next high after bearish reversal zone
SFP close after deviation of range high
Tapped mitigation block
Daily Bearish RSI Divergence
Sell the news event after a fake pump into it.
Target the green 2.618 fib. Hope I'm wrong as I have eth but damn.
Bullish scenario, we hold green line and go for a new high. Unlikely imo but possible (5-10% chance).
With everything down 70-99% depending on your level of altcoin, this pair looks to be outperformed by btc.
Confluence:
3D Next high after bearish reversal zone
SFP close after deviation of range high
Tapped mitigation block
Daily Bearish RSI Divergence
Sell the news event after a fake pump into it.
Target the green 2.618 fib. Hope I'm wrong as I have eth but damn.
Bullish scenario, we hold green line and go for a new high. Unlikely imo but possible (5-10% chance).