bitcoin

Pullback

Short
bitcoin Updated   
BITFINEX:ETHBTC   Ethereum / Bitcoin
ETH failed to go the daily mean, instead returned to 4H mean, so this is a bit neutral the moment I am writing, so If ETH do not bounce back from here to Daily mean and cross down the 4H mean now or before hitting the daily mean, ETHBTC is going down hard and somewhat fast.

Disclaimer: This is not real time signal to short, it is possible setup for the future !
Comment:
Looks like ETH will test the MA50 4H again from the downside
Comment:
ETH didn't even hit the 4H MA50 is back to renew a new low where it can fall like a dead bird:

Comment:
With BTCUSD breaking out ETHBTC will continue it's downfall, I have included another mid target:

Related Ideas

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.