Ethereum (ETH) to BTC Bubble Comparison

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Click Chart to Enlarge

Ethereum / Bitcoin Comparison

Here is a recap of this fractal again and what to expect through out June. We have been trading this for a while now, so until the fractal is invalidated it’s best to assume it will continue isn’t it? I think so.

The only real way to invalidate it is for the price to breakout above the white wedge the price is currently trending inside of. Other than that I think the picture tells the tales of highs & lows better than I can describe it.

 

Charts are powered by the SCMR Analysis Suite on Tradingview.com

June 1 2016

 

LTC BTC

LTC/BTC

Click Chart to Enlarge
Click Chart to Enlarge

LTC/BTC

The LTC/BTC ratio is recovering from a sharp sell off in much the same way as last time. The blue candle from yesterday is an unconfirmed reversal, and as you can see the price is above the daily cloud.

 

Since price is right up against resistance it is more safe to enter on a breakout above the trend and to add to the position if a higher low is confirmed after the breakout has a short term retrace.

 

Charts are powered by the SCMR Analysis Suite on Tradingview.com

May 31 2016

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