Ok so first off I'm watching this closely. If It does go long It could cause a major historical pattern to repeat Itself... Obviously Eth needs to outperform BTC. While BTC Is the reason Eth corrected. If you follow the news It was about BTC topping out, and to be very careful before the sell off happened. Now Eth had a huge recorrection literally about 2/3 down to 700. Same time period BTC corrected a little over a 1/4. I've been comparing Roc prime or momentum, and momentum prime or acceleration/velocity. Call It whatever the fuk you want. But Let's examine BTC/USD In comparison to ETH/USD. Eth/USD has a negative momentum of ~310 on the daily. I also wanna point out that stochastic rsi slow Is bottomed out at 0 with the MA way above at .62. While for BTC with momentum at negative ~1800 on the daily with stochastic slow heaing towards overbought territory at .63 with the MA at .82. I point out I got this data from kraken. Not Coinbase like my chart. But The difference Indicates a trend using data from a daily perspective yet In a single moment In time with momentum being derived from ROC. Derivitively, haha I made a word making money. So It's Important to note this Is not financial advice. Simply pointing out what I see In the market. I will note this downtrend was able to give me insight Into my theory of It having a slight negative correlation to BTC at this point. It gives zero fucks. But it has correlation to btc technically considering the things It does correlate to are correlated to BTC. It was minor though In comparison.
Please watch closely for change of trend In ETH/BTC. If It passes that point like It did once before, than playing out the exact same pattern. well very close. There will be no stopping ETH dominating this market. The extreme overcorrection In comparison provided the set up. I'm new to trading view but not trading crypto. I have a lot of very profitable projects In play. I'm In need of top trader's to participate In making a literal shit ton of money teaching others. The more traders less money. So If you are on some bullshit I will know It and tell you to kick rocks. only three people on the top of this food chain. Myself happily on top. You will be paid extremely well if you perform. I prefer a piece rate because I'm not actually retarded. My modifications to this pay structure make It mean af If you do good work, and more of It. Plus the converse. I'm looking for people that know their shit, and are hungry like me. GL traders! Please follow me. As mentioned new to this but my network Is long and growing exponentially. I have stupid crypto contacts. If you wanna like ICO, or build a dapp game, offer some defi services, or anything and want It done to maximize utility for yourself plz hmu. I communicate with like 40 listing agents on decent exchanges, 100's of CEO types with companies that would literally finance you If you are on point like me for an Interest In your efforts. Intelligence based companies, digital artists, crypto lawyers, and crypto journalists.
Stay up! Make sure you learn something new today. Something Important. Something you've been putting off for a while and you get extra credit. One
Sincerely, Dexter Matis
Please watch closely for change of trend In ETH/BTC. If It passes that point like It did once before, than playing out the exact same pattern. well very close. There will be no stopping ETH dominating this market. The extreme overcorrection In comparison provided the set up. I'm new to trading view but not trading crypto. I have a lot of very profitable projects In play. I'm In need of top trader's to participate In making a literal shit ton of money teaching others. The more traders less money. So If you are on some bullshit I will know It and tell you to kick rocks. only three people on the top of this food chain. Myself happily on top. You will be paid extremely well if you perform. I prefer a piece rate because I'm not actually retarded. My modifications to this pay structure make It mean af If you do good work, and more of It. Plus the converse. I'm looking for people that know their shit, and are hungry like me. GL traders! Please follow me. As mentioned new to this but my network Is long and growing exponentially. I have stupid crypto contacts. If you wanna like ICO, or build a dapp game, offer some defi services, or anything and want It done to maximize utility for yourself plz hmu. I communicate with like 40 listing agents on decent exchanges, 100's of CEO types with companies that would literally finance you If you are on point like me for an Interest In your efforts. Intelligence based companies, digital artists, crypto lawyers, and crypto journalists.
Stay up! Make sure you learn something new today. Something Important. Something you've been putting off for a while and you get extra credit. One
Sincerely, Dexter Matis
