Still bullish on both BTC and ETH in fiat terms, but when it comes ETH/BTC I think Ethereum has much higher upside in growth.
ETH has been in a strong uptrend since the beginning of this year, and has just run up directly to the 50% level of the 2017's bull run -- low to high.
The 23.6 Fibonacci level proved to be a key resistance level in this year's bull run, which ETHBTC broke above and is now testing the next level.
NFA: This will most likely retest the .082 level a few times before we get any conclusion to this story, but I will be staying long ETH until further notice.
Cheers!
ETH has been in a strong uptrend since the beginning of this year, and has just run up directly to the 50% level of the 2017's bull run -- low to high.
The 23.6 Fibonacci level proved to be a key resistance level in this year's bull run, which ETHBTC broke above and is now testing the next level.
NFA: This will most likely retest the .082 level a few times before we get any conclusion to this story, but I will be staying long ETH until further notice.
Cheers!
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