Winter is coming: Ethereum vs Bitcoin

Nov 20, 2017

Ether could continue underperforming bitcoin in the next month or so - but the technical picture indicates a rotation of capital into Ethereum is near.

Nov 23, 2017

Note

Closed above the trend line on the daily for Ethereum. Let's see how the weekly close plays out at the end of Friday.

Nov 24, 2017

Note

Potential breakout from channel



Institutions are getting involved in Ethereum right now on a big scale

Dec 6, 2017

Note

We are nearly in the ~80% depreciation level now. The last two major drops reversed on the 4th week of December.

Dec 13, 2017

Note

Major reversal is underway

Dec 26, 2017

Note

Merry Christmas/Happy Holiday's. It is fair to say we have definitely put in a reversal.

Jan 10, 2018

Note

Like Bitcoin, Ethereum has gone parabolic. May be important to watch this parabola. I've been of the opinion that Ethereum hits $3000 by 1st or second quarter this year. At some point this rotation will change...

Jan 15, 2018

Note

Approaching small support. If broken look for 'sweet spot' to add (purple)

Feb 1, 2018

Note

Some resistance is approaching. Based on what I am seeing there is a flight out of altcoins and bitcoin and flowing into ethereum. There could now be a flight out of ethereum and into fiat, rather than into bitcoin.