The ETHBTC pair is really bearish. The trend is obvious here. The first red box would be my area for a short. The second red box is an important Resistance. It is outside of the falling wedge yet, so I would only use this area to long back if and only if it breaks and closes above.
Important price to watch:
Important price to watch:
- 0.0225 (1st resistance)
- 0.0250 (2nd resistance)
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Since last week, ETH reacted well and bounced at the level I expected and is heading to 0.0223 levels.
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