Even we only have a 2-month historical chart, this interesting structure shows 2 patterns with a "Cup & Handle" formed inside an "Ascending Triangle", and followed by a "Falling Wedge" (due to the #BTC that dumped Alts) where it was stopped on the 50% Fibonacci retracement.
Now the question is, what next? Will it try to breakout soon, to consolidate at this level, or to go down?
Here is our recent analysis for the pair:
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