Ethereum / Bitcoin

The Bear and Bull Rematch

90
ETHBTC

ETH/BTC is a great chart for indicating alt coin strength compared to BTC.

I have a consolidation area in the lower purple area signifying the ring. As well as a red horizontal line showing the center of the ring (High Resistance/Support Structure).

In the previous fight (The upper rectangular area) the bull was looking strong at the beginning of the round; but the Bear finished the fight with a nasty KO.

Currently there is a rematch of the Bull and Bear and the Bull has the Bear cornered and his knees are looking weak. We will see how he reacts to the punishment.

There might be a KO for the Bear at some point in this fight, but I do expect the Bull to recover to his feet.

We will see how this fight plays out!

I hope your watching and don't change that channel!

Note
The bear gets KO'd but quickly rises to his feet. snapshot
Note
A KO for the Bear today. Slightly above the 0.618. snapshot

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