Altcoins could get a bounce!
ETH/BTC has just entered back into the bottom of a long term range and broke structure bullishly on lower timeframes. Alts might get a bounce at least up to the diagonal resistance around 0.064 to 0.065.
Catatan
ETH/BTC has made its way up to resistance at the trendline. We will shortly see if we can expect altcoins to go lower or catch a bid if this chart can break through resistance. I am expecting that we will see a drop from this resistance area? I hope I am wrong!Catatan
If we can manage to break above I would expect ETH/BTC to get a bid along with altcoins to see a decent pump.
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