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degen chad
@degen-chad
I’m feeling pretty confident that $ETH has bottomed vs $BTC. Long term downtrend line on the daily chart was broken, new uptrend line established. I don’t love the current volume, but wouldn’t be shocked at an impulse move on strong volume.
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nerd
@nerrd.eth
targets ser?
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degen chad
@degen-chad
Since we’re talking about ETH/BTC pair here, I’ll talk about it in terms of ratio. There will be many intermediated targets, but I think a ratio of 0.04:1 is reasonable within the next few months, and ultimately 0.08:1 near the peak of the market. It’s currently at 0.024:1 I’ll let you do the math from there. This is purely based on technicals and not fundamentals at all
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nerd
@nerrd.eth
Sounds reasonable, I’m expecting ETH to show some strength soon, looking for at least $4k and 0.04 vs btc
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degen chad
@degen-chad
Yeah, 4k-4400 is what I’m looking at
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