Take a look at the 4-hr chart for ETHBTC. Looks like we're in the process of building out sweet bull pennant. You can see my projections on the chart. Let's see what happens as things keep getting more and more volatile. Good luck everyone and trade safe. This is just my idea and not financial advice, of course.
Comment:
Just took another baby touch at the bottom of the triangle...so far we're holding our shape...
Comment:
It's still respecting the lower boundary of what I have called a pennant. Others, who's charting skills I respect, are calling this a bull flag. That makes sense to me, but let's see if the price action continues to respect the lower boundary of what I've drawn...