Ethereum / Bitcoin
Short
Aggiornato

ETHBTC - Downtrend

74
In the daily graph, yesterday and today the price action of the ETH/BTC is closing under the moving average 200 days, a signal can means more decreases in the price in the short term.
In the 60 minutes chart, I see a strong bearish action in the last 5 days, and all the moving averages are converging in a clear downtrend path.
Strategy: wait for corrections around 0.075 to add short positions.
Nota
This trade has made 8% profit since it was published. The downtrend prevails.
Trade chiuso: obiettivo raggiunto
The downtrend was even more aggressive for Ethereum, making the trading very profitable.

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