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ETH may continue SOUTH as BTC's ETF is refused

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Ethereum (BITFINEX:ETHUSD)  
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BITFINEX:ETHUSD   Ethereum
Trend Analysis Beyond Technical Analysis ETHUSD ethusdlong ethusdshort ethusdcrypto ethusdidea ethusdforecast ethusdanalysis Ethereum (Cryptocurrency) ethusdsell
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trendanalysis beyondta ethusd ethusdlong ethusdshort ethusdcrypto ethusdidea ethusdforecast ethusdanalysis ethereum ethusdsell
ETH is about to touch the upper line of the downwards trend line and most likely to continue lower. Interesting enough is that the trend has 2 upper lines and only one lower. This gives it more resistance when ETH may try to break up. Given the moment and based on analysis ETH should go down, however cryptos are very unpredictable when it comes to news, therefore something new about it can change its course.

Do you think ETH has a tight link to BTC or is more of a self standing coin?

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