$ETH to .125 Possible repeat market cycle fractal from 2016

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Ethereum / Bitcoin (POLONIEX:ETHBTC)

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POLONIEX:ETHBTC Ethereum / Bitcoin

Looking strong against $USD, as $BTC corrects, I think we could see an $ETH breakout against it as well. This idea is taking from the market cycle fractal in 2016 and applying it here.

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and AWAYYYYY WE GOOOO! - Rick Sanchez

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Although we saw a pullback today while Bitcoin was spiking, the ETH/USD value is in a strong trend. We could see a breakout if BTC stalls or moves down

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Looking great. Starting to get into some resistance areas against USD.

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Just tagged it. Time for a correction

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Going to close this. I wasn't expecting $BTC to climb so much while the $ETH was also rising. $ETH has now reversed at it's previous high against USD and I think we are about to see a $BTC correction:

Trade fermée manuellement

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Neither $BTC nor $ETH dumped nearly as far as I thought they would. I'm not sure what to make of $ETH at this point in time other than a bounce off its previous swing high at $265. It is possible that it could make another run to ATH, just like it did during its last market cycle:

But with the recent news of China banning ICOs, I think that is less likely to happen now than it was before.

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