ETHBTC chart can be still trading in a correction within uptrend. It’s right now approaching interesting and strong support area when looking at the monthly chart. We have strong monthly trendline and impulsive waves up, followed by a three-wave A-B-C correction into golden 61,8% Fibo retracement. If ETHBTC is really about to bounce and starts recovering soon, then ALTseason is still in the cards.
Become a premium member
Get daily Elliott Wave updates for SP500,DAX, GOLD, SILVER, CRUDE, FX, CRYPTO, etc. or apply for unlimited access to the Elliot Wave educational videos.