ETHBTC Analysis by @CryptoGooss

Total Quality
Score
0.02558
0.0220000000
0.03512
ETHBTC
1H
Pending
Free
Analysis Predict Bull Market
crypto
Technical
The analysis focuses on Bitcoin and Ethereum, setting target prices and assessing potential risks. For Bitcoin, a crucial level to watch on the RSI is identified, and breaking above the Power Law trend line is seen as a bullish signal. A major warning is issued: failure to break above the Power Law could lead to a fall to $100,000. The analyst conservatively targets $135,991. Ethereum's breakout of a range is highlighted, setting a target of $3,960 based on Fibonacci extensions. The ETH/BTC chart is analyzed with a positive outlook, pointing to a rotation into Ethereum, with the analyst observing that positive netflows have started. A bearish trendline has broken on the monthly scale which serves as a bullish trend shift.
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