xochoa

ETHBTC Correction is coming

BITTREX:ETHBTC   Ethereum / Bitcoin
This is not a financial advice but an idea of something I'm seeing on the BTCETH chart.

On the 45 minutes temporality we can see a clear Elliot Wave which is about to enter on a correction zone, to then bounce up, hopefully again, I would confirm for the price to bounce back on the B point of the Elliot Correction wave at about .040 - .039 BTC and short my position to enter again at .033 - .034 BTC again, bot points coincide with the fibo points, also the SQZMOM indicator shows a change on the tendency.

If you like the idea and want to support me you can donate anything you want which is much appreciated.

BTC 145GrDsqdF1WnD1cVCTvBDWVbNTGwisv8o
ETH 0xd81b34b5d355d4a8372f49ca1e76aee4b8c6110d
Đã hủy lệnh: The trend was broke, the idea is cancelled
This BTC / USD ratios indeed can be very different. I was looking at the USD price and 700$ shocked me. a couple minutes ago and I said maybe it's time to sell ETH and buy back at the lower price. I came to my account and I saw I bought ETH on Nov 28th for 0.0479 BTC and not only I didn't made a profit I lost some compared to BTC even with this huge bull run of ETH. I saw in my order history that around Nov 24th it was even around 0.508 BTC. Do you think it can reach the same ratio in coming days?
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xochoa basahand
@basahand, Totally, I'll work on a "long" term analysis and put it here, I'll tag you if you want.
+1 Phản hồi
basahand xochoa
@xochoa, Great thank you
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Do you you actually think this will happen this week? I'm not so sure now looking at the strong support
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xochoa JBoro111
@JBoro111, I think it will happen between today and tomorrow, actually in like 4 hours we will have a better picture of this idea :)
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xochoa JBoro111
@JBoro111, it actually broke the trend, the idea is canceled
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JBoro111 xochoa
@xochoa, Haha oh well. No stopping it now
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