Ethereum Market Update: ETHBTC is pushing up as BTC.D is dec | CRYPTOWZRD - OFFICIAL

Ethereum Market Update:

ETHBTC is pushing up as BTC.D is declining. Ethereum is trading bearish as it is following Bitcoin.

ETHBTC needs to find a support at 0.06850 BTC and get more and more bullish pressure

$1,850 is the Daily WZRD support here and we need more clarity from this support A bearish breakout below, ETH will decline more towards $1,650 and lower A bullish reversal can push the market towards $2,050 or higher

Bitcoin will lead the way from here.

From the US trading session, we should see more volatility.

Intraday:

The intraday chart is moving bearish and having a pullback led by Bitcoin.

A re-test of $1,874 (POI) and then a rejection can offer a short towards $1,823 (POI) and lower - Red Dotted WZRD Projection

Trade position setup has been provided for the above scenario with all necessary information including Entry, Targets, Stop Loss, RR & Criteria to take the trade.

Below $1,823 (POI) is a bearish zone and we will get a further decline - Red Solid WZRD Projection

A bullish breakout above $1,874 (POI) from the H4 chart can offer a long too - Blue WZRD Projection

H1: https://www.tradingview.com/x/2mOMjETA/
Daily:
https://www.tradingview.com/x/7hGv0dQN/
ETHBTC: https://www.tradingview.com/x/6qyRiKj7/