paultje

ETH/BTC Downtrend, further retracement expected

BITFINEX:ETHBTC   Ethereum / Bitcoin
After a good run while BTC was down, it is now ETH turn for a retracement. The 0.618 fib line could not hold, more downward movement expected, Important support at 0.5 and 0.382 fib lines. Indicators confirms bearish movement. Looking for a buy opportunity.

I will update this when we see some changes.

This is not financial advice

If you have any feedback or remarks, feel free to comment below.

Peace and trade safe!
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