ETH / BTC pair trade

in bitcoin •  7 years ago 

ETH / BTC pair is trading just below the daily and weekly trend line going back to mid June. A close above .0465 today would break out of the down trend from the last 6 months and likely move higher to test the .0675 and then .0770 levels. Allocation from BTC to ETH is likely to increase by portfolios if this pair closes above the .0465 level. Risk for this would be at .0335.

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