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ETHEREUM (ETHBTC): as hedge against Bitcoin

Ethereum / Bitcoin (KRAKEN:ETHBTC)  
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KRAKEN:ETHBTC   Ethereum / Bitcoin
Trend Analysis ETHBTC ETHXBT Ethereum (Cryptocurrency) ether ETH
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trendanalysis ethbtc ethxbt ethereum ether eth
see chart for range. This ratio seems to be strongly anti-correlated at he moment. If BTC drops, ETHBTC will rise. I don't like to short, so am using this as a hedge. At the end of the day, ETH and BTC are the only two major cryptos I would accumulate anyway. IMO if you are the kind of guy that needs to buy bottoms, you will be weeded out by natural selection anyway.
Commento:
ETHBTC hit channel bottom
snapshot
Commento:
When will we see the 200MA again I wonder
snapshot

Idee correlate

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ETHBTC / ETHXBT don't believe the hype, still more downside
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Bitcoin (BTC / XBT): the art of deception
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Bitcoin (BTCUSD / XBTUSD): short target 8800
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Bitcoin (BTCUSD/ XBTUSD): long from retest
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