Hi, I try to post often so if could follow and like it would mean a lot to me.
BTC is up 17% today and ETH is almost up 16%. SPX and other financial markets are up aswell. ETH/BTC trading pair looks that BTC will outperform in the mid/long term. In the last weeks BTC had an expectable comeback after hitting 33K and now we just have to wait if the coin will break the 44.5K resistance or not. In the chart we can see a descending triangle that shows 51K as a target. Just have to wait and see if we don't have a bearish retest to the support line drawn by the tringle. My main worry is that lower time frames show that the volume might slow down on the next hours. Comment what you think.
I stream weekly on TradingView and my stream will be on friday at 4.15pm UK time. I will be answering all your questionabout crypto. Be there!
BTC is up 17% today and ETH is almost up 16%. SPX and other financial markets are up aswell. ETH/BTC trading pair looks that BTC will outperform in the mid/long term. In the last weeks BTC had an expectable comeback after hitting 33K and now we just have to wait if the coin will break the 44.5K resistance or not. In the chart we can see a descending triangle that shows 51K as a target. Just have to wait and see if we don't have a bearish retest to the support line drawn by the tringle. My main worry is that lower time frames show that the volume might slow down on the next hours. Comment what you think.
I stream weekly on TradingView and my stream will be on friday at 4.15pm UK time. I will be answering all your questionabout crypto. Be there!