Let's look at the correlation between Ethereum and Bitcoin.
#BTC #ETH
Today we will look at the correlation between Ethereum and Bitcoin.
▪️If you pay attention to Ethereum, it is trading on an uptrend line, as Bitcoin has not yet reached its line at $22,000.
▪️It can be assumed that Ethereum will go locally to the stage of a downtrend and is waiting for its downward variant to work out.
▪️RSI is giving a buy signal for ETH, but bitcoin's decline is not over yet...
Today we will look at the correlation between Ethereum and Bitcoin.
▪️If you pay attention to Ethereum, it is trading on an uptrend line, as Bitcoin has not yet reached its line at $22,000.
▪️It can be assumed that Ethereum will go locally to the stage of a downtrend and is waiting for its downward variant to work out.
▪️RSI is giving a buy signal for ETH, but bitcoin's decline is not over yet...
