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

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