PalenTrade

Bitcoin and Ethereum (alts)

COINBASE:BTCUSD   Bitcoin
Hello!

Here we can see Bitcoin on left picture and Ethereum on the right.

I guess Ethereum (alts) are taking over again atleast for little while..

Before today I though that Bitcoin Dominace would have turned (analysis earlier) but it seems alts got an upperhand for now..

Maybe Bitcoin needs to go get some more momentum possibly from previous structure, 20 ema (yellow line) and 0,236 fibo level around 38,300 area.
or 36,500 on 0.382% Fibo

There is also structure on 39 500 area. If we bounce or stay on top of that Bitcoin is still strong



-Jebu


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