Negating the $ value. ETH/BTC continues to be a better looking chart. Despite the breakdown, 0.03 seems to be holding well for now
If you're in the camp that alts see relief next quarter, eth can lead this move. Invalidation for your thesis would be eth/btc losing 0.03 on weekly timeframe
PS: I’m not an ETH bull, but I don’t see great R:R on it anymore for shorts
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ETH/BTC
Negating the $ value. ETH/BTC continues to be a better looking chart. Despite the breakdown, 0.03 seems to be holding well for now
If you're in the camp that alts see relief next quarter, eth can lead this move. Invalidation for your thesis would be eth/btc losing 0.03 on weekly timeframe
PS: I’m not an ETH bull, but I don’t see great R:R on it anymore for shorts