DrJLT
Short

ETHBTC continue to correct (target 0.085BTC -> 0.147BTC)

BITFINEX:ETHBTC   Ethereum / Bitcoin
Hi, this is to follow up on my previous post on ETHBTC. It appears that during the crash Scenario 2 was rejected. We're not in S1.

Currently, ETHBTC has turned bearish . RSI daily is coming down to 50; Stochastic about to get into oversold zone, but not yet ---> this is usually the time when the hardest falls take place: between entering the oversold zone & touching 0.

We also see decreasing volume .

My guess would therefore be that ETH will take the correction before attempting to "flip" BTC             around mid-2018.

Originally, I was more optimistic about the future of ETH. Having compared it & its momentum to other up & coming projects, esp             . NEO & EOS, I think for ETH to go too much higher than BTC             market cap-wise is very hard. Even the flip may be short-lived.

This means ETH will remain a good hold of value but not a high potential investment.
Kommentar: Indeed correcting a little. It's likely to be growing slower than BTC until BTC target is reached. Then, ETH will catch up. Good 1-2 opportunity.
Kommentar: Indeed falling a bit. I'll post a YouTube video on eth today to talk more about it.
Disagree Doc But Let's See ;-)
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