davidrainone47

Now is not the time to short Ethereum

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BINANCE:ETHBTC   Ethereum/Bitcoin
2.618 Fibonacci level drawn from the recent swing high to swing low on the ETHBTC price lining up with a historical resistance level. I think we approach that, then we are due for an ETHBTC correction. I don't think the price of Ethereum will go down during this "correction," only the Ethereum/Bitcoin valuation. I think Bitcoin will begin its next leg up in the next few weeks, and then Ethereum will go up, but slower, which will decrease the ETHBTC valuation.
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