ETH BTC - doesn't look good for ETH if support is broken

٢٠ مارس ٢٠١٨

This ETH BTC log chart is not looking too good for ETH at the moment. The green support line along with the red line you see on horizontal axis is a very critical point for ETH. Also, 200MA is getting a hit as I type. We expect ETH to test this point during 1st week of April 2018 at around 0.037-0.040 level.

If BTC consolidates here or sees another dip, ETH USD will get a major hit as well in case these supports are broken.

I would suggest to stay away from ETH for now and let the market unfold.