Ethxbt Sitting on Support

Ethxbt Sitting on Support

I am faced with a conundrum tonight. You see, the ethxbt 8-hour chart is now sitting on 5th arc support. This is typically very strong support. Of course, in this business one learns to “never say never”. The support could fail. But it would be foolish, imho, to bet against that support before seeing evidence that it is failing. But, if we accept the strong implication of this chart, it means that ethereum is going to strengthen against Bitcoin in the very near future. To be honest, this scenario did not strike me as highly probable before seeing this chart. For the past week or so, I have....


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