Hi guys, today we are taking a look at the ETHBTC charts.
Taking a look at the daily charts of ETHBC, we can see that the pair has been in a constant roller-coaster of regular and hidden divergence patterns of bullish and bearish make. Bitcoin presently is correcting the gains of Ethereum.
Also zooming out into the weekly time-frames, we can clearly see that the BTC has not only corrected the ETH gains but establishing a strong downward trend. The only way we can hope to see a strong rise of the Ethereum against Bitcoin is if there exists a golden cross of the RSI-oscillator.
Will be keeping you guys updated here.
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