This ETH BTC log chart is not looking too good for ETH at the moment. The green support line along with the red line you see on horizontal axis is a very critical point for ETH. Also, 200MA is getting a hit as I type. We expect ETH to test this point during 1st week of April 2018 at around 0.037-0.040 level.
If BTC consolidates here or sees another dip, ETH USD will get a major hit as well in case these supports are broken.
I would suggest to stay away from ETH for now and let the market unfold.
If BTC consolidates here or sees another dip, ETH USD will get a major hit as well in case these supports are broken.
I would suggest to stay away from ETH for now and let the market unfold.