krugman25

ETHBTC - Looking Ready For Take-Off

Long
krugman25 Updated   
BINANCE:ETHBTC   Ethereum / Bitcoin
ETHBTC has formed an Inside-Bar / Pin Bar pattern which could see this ratio move much higher once the highs of the mother candle are taken out. These patterns generally signify bullish consolidation of price and often precede bullish breakouts.

This pattern is in harmony with the very bullish pattern that has formed in BTC. If the BTCUSD pattern breaks out and starts running we will likely see this pattern breakout and start running as well.
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