ETHBTC TO SLIDE BACK ON THE ASCENDING CHANNEL
ETH/BTC, THE RECENT PRICE ACTION THAT WE HAD IN THE LAST COUPLE OF MONTHS, BUILT A MARKET STRUCTURE THAT COULD LEAD THE VALUATION OF ETH AGAINST BTC BACK IN OUR ASCENDING CHANNEL.
IN MY OPINION WE WOULD REVIST THE LOWEST TREND LINE OF THE CHANNEL, TARGET: 0.034 BTC.
IN THAT CASE, GIVING THE CURRENT VALUATION OF BITCOIN ( APPROX 33K) WE WILL HAVE A ETH/USD PRICE OF: 1122$ .
HOPEFULLY THIS SCENARIO WILL PLAY OUT AND WE WILL HAVE A CHANCE TO ACCUMULATE ETH AT A BETTER PRICE.
HAVE A NICE CRYPTOWINTER.
IN MY OPINION WE WOULD REVIST THE LOWEST TREND LINE OF THE CHANNEL, TARGET: 0.034 BTC.
IN THAT CASE, GIVING THE CURRENT VALUATION OF BITCOIN ( APPROX 33K) WE WILL HAVE A ETH/USD PRICE OF: 1122$ .
HOPEFULLY THIS SCENARIO WILL PLAY OUT AND WE WILL HAVE A CHANCE TO ACCUMULATE ETH AT A BETTER PRICE.
HAVE A NICE CRYPTOWINTER.
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