Downtrend starting from all the way in June 2017 has finally broken.
ETHBTC
Coinbase view confirming
>just redraw the line dude
I remember you from last week. You were right, this has become a convincing breakthrough. Target?
It broke here too and look what happend
then they redrew the line lol
With such a long trend broken, it will correct at least half way up again. No end target possible to give, price discovery periods are often chaotic.
Bakkt launch and ETH phase 0 deposit contract ceremony are going to be early events to look out for.
>thinking ETH will ever reach 1k again
The ratio can go up with ETHUSD price stalling.
If BTC drops ETH will drop as well
ETH is right now showing it can move without BTC
that's because BTC stalled for Bakkt speculation
After that it won't be so good for alts
Bakkt was supposed to be bullish, not stall the price
>BTC stalled for Bakkt speculation
nice analysis you got there
Sorry to tell you, but if investing were a line fitting mathematical job, it would be a 10 $/h job done by high school graduates.
Please understand that to cut your losses, you must admit to yourself that you are making guesses and observations and taking huge risks, not forecasting anything.
your lines have nothing to do with TA
no wonder everyone in here thinks TA doesnt work
Not even close.
oh look, more lines that never panned out
log chart is showing us in a good Wyckoff accumulation pattern since beginning of this year
again, some normie tier "TA", stay salty
Am off now, until next week, coming to see some even more saltier anons then.
Hope I will catch you. Think about that target in the meantime.
>look what happend
it mooned? Yeah, that's the point.
more likely euphoria bulls get fucked
this.
TA is not a science, it is an art, most people here just drew lines on the chart without any respect to image composition..
NOOOO I SOLD ONE WEEK AGO AFTER BAG HOLDING FOR MONTHS
First 2 of 3 lines downtrend WAS inally broken and it spiked 80% up you mongo lol
This lmao
>you see it only went up a few hundred percent and then dropped again, so don't bother
Had the same TA
>TA
about time, let's hope you're not wrong about this time like the last 50. ETH was almost at $150, it can't keep dropping right?
this
LTC will do well
not usually
shut up, we don't live off of 1 day of charts
Why would ETH holders fud BTC when they need BTC for gains because vitalik printed too many ethers to hit BTC's price