HI Guys,
Ethbtc has been struggling to gain strong momentum against bitcoin as institutions put their hands on Bitcoin but i think its just a matter of time before Etherium start strenghting against bitcoin.
The targets are pretty clear. 10 Percent of bitcoin price is a reasonable place to think of.
For example, If Btc Price stay around 30,000, then 3000 will be eth target.
1 bitcoin= 10 eth ultimate goal
At the moment, eth is undervalued.
Now, Look at technicals
IF support exist in trading, ITS HERE
Weekly trendline support
Weekly Horizontal support
Daily trendline support
The powerful ichimoku Perfect support
Potential Inverse Head and shoulder Pattern
Confirmation will be Weekly macd crossover.
Thanks,
Have fun trading crypto
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