FieryTrading

ETH/BTC Bleeding: Short Opportunity

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BINANCE:ETHBTC   Ethereum/Bitcoin
With Bitcoin rising the way it does now, the btc-pairs are in for a rough time. ETH/BTC has been bleeding for a while now, and it has more to go.

Assuming Bitcoin will rise further, I'd expect ETH/BTC to reach Support 1 in the next few days, potentially Support 2.

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