I see your thoughts here on BTCUSD and just saw your post for ETHBTC. Both of them are going down considerably until November 2nd. This implies ETHUSD has to go down more than double what BTCUSD is going down. The reason I'm saying this is the following:
If BTCUSD goes down 30% and ETHUSD goes down 30%, ETHBTC will go down 0.0% (no change).
If BTCUSD goes down 30% and ETHUSD goes down 60%, ETHBTC will go down 30%.
If BTCUSD goes down 0.0% (no change) and ETHUSD goes down 30%, ETHBTC will go down 30%.
WyckoffMode
⋅
@ProwdClown,
More Examples:
If BTCUSD goes up 30% and ETHUSD remains the same (0.0% change), ETHBTC will go down 30%.
If BTCUSD goes up 30% and ETHUSD goes down 20%, ETHBTC will go down 50%.
If BTCUSD goes down 30% and ETHUSD goes down 30%, ETHBTC will go down 0.0% (no change).
If BTCUSD goes down 30% and ETHUSD goes down 60%, ETHBTC will go down 30%.
If BTCUSD goes down 0.0% (no change) and ETHUSD goes down 30%, ETHBTC will go down 30%.