Over the last week we saw ETH take a hit relative to BTC. Per my analysis, ETH is oversold relative to BTC, and we will soon see a price correction between the two currencies as money flows from BTC into ETH.
Right now, I can see a price target of .130 reached within 10 days. Whether it hits this target or not, I think we are in for some good gains over the next few week to two.
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After some new insights, I have closed this trade and am seeking a good position in the opposite side.
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