Bitcoin/Ethereum Elliott Wave Analysis - Jul 01, 2017
As published few days ago price is going as expected. Price tasted wave B at 0.1240 and is poised to go another wave lower. Testing 61.8 fibonacci retracement around 0.08250 will present a good buying opportunity.
Going long ethereum does not mean shorting bitcoin, or selling bitcoin. I prefer when price goes to that level, buying ethereum with USD, or selling other altcoins. I'm bullish long term on both ethereum and bitcoin.
Please check my previous chart:
https://steemit.com/cryptocurrency/@ctyptouniverse/bitcoin-ethereum-ew-analysis