zackxl

ETH/BTC Chart looking bearish

Short
KRAKEN:ETHBTC   Ethereum / Bitcoin
I recharted this in terms of ETH/BTC since I might consider shorting this in the near future. Eth is definetly due for a volatile move within the next 2 weeks. The fact that a cross is about to happen makes me shorten that timeframe to the next couple of days. the 20 ma is crossing downwards which is bearish. there is also 2-3 times resistance going up than down which gives the edge to the bearish scenario

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.