ETH relations with BTC
When use Fibonacci, Gann and Pivot points, can find average areas which can be important and been already. Left side Gann Fan and Fibo Fann, show that 0.5&2/1 very important for new Bullish trend, and can wait break 0.75, 0.618 or consolidation around this lines with potential move to new high in weekly trend term.
left down - correlations between ETH&BTC . Look at Nov, when BTC had god rally , ETH went down.
*Right side. Fibonacci and Pivot points. On previous Bearish trend seance June 13, 2017 to 8 Dec 2017 drawing Fibo, and make accent on - 50%,61%,78%. Price break 50% and 61% and 78% will be last block post on the way to new up-high.
New Bullish Fibo lines, show potential support price-line where we can expect reflection or break-down. Use them together with weekly Pivot points, can double the most impotrant point to watch and make own trading plan.
in my opinion MOST important to watch if price will come in to BLUE rectangle 0.095.-0.085. There is 23% fibo, Pivot, old fibo 50%,and *left* 0.75, 0.618 Fibo fan.
left down - correlations between ETH&BTC . Look at Nov, when BTC had god rally , ETH went down.
*Right side. Fibonacci and Pivot points. On previous Bearish trend seance June 13, 2017 to 8 Dec 2017 drawing Fibo, and make accent on - 50%,61%,78%. Price break 50% and 61% and 78% will be last block post on the way to new up-high.
New Bullish Fibo lines, show potential support price-line where we can expect reflection or break-down. Use them together with weekly Pivot points, can double the most impotrant point to watch and make own trading plan.
in my opinion MOST important to watch if price will come in to BLUE rectangle 0.095.-0.085. There is 23% fibo, Pivot, old fibo 50%,and *left* 0.75, 0.618 Fibo fan.
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