ETHBTC 5th wave target?
Elliott Wave theory says the top of the 5th wave will often form a trend line with the 1st and 3rd waves.
If the current uptrend continues for even a few more weeks, it's heading to around .5 (not .05, .5, i.e., POINT FIVE). That would put ETH's cap at about 2.8 times that of Bitcoin sometime in mid-to-late April.
If the current uptrend continues for even a few more weeks, it's heading to around .5 (not .05, .5, i.e., POINT FIVE). That would put ETH's cap at about 2.8 times that of Bitcoin sometime in mid-to-late April.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.