On the left we have RED. On the right we have GREEN.
Ethereum vs Bitcoin long-term targets (magenta dashed-lines).
Two weeks ago ETHBTC printed the highest volume ever on Binance to break above EMA100, taking out a very strong resistance level. The doors are now open for long-term growth.
The MACD just moved above zero and shows plenty of room left available for growth. While the RSI is super strong reaching 80... We will consider 85 to 90 overbought, so we have room for more.
The bottom line is that there is plenty of room left for ETHBTC to continue growing.
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