Ethereum Gains Bullish Momentum vs Bitcoin

Ethereum / BitcoinBinance

Description

⋅ Nov 23, 2020 4:12 PM

Ethereum, on the ETHBTC pair, is now gaining bullish momentum.

We can see a "W" pattern below support, followed by a very strong bounce with increasing volume and bullish indicators.

This signals higher prices.

I've mapped multiple targets for you...
The first one can be easily seen on the chart.

To see the second one, at 50%+, you need to move the chart higher... This is a filter for those that do not read.

Thanks a lot for your continued support.

Namaste.

Comments

Harry_Seldon

⋅ Nov 23, 2020 8:37 PM

ETH / BTC is usually a trending pair, when it starts, the trends lasts for a bit. It's pretty good when you know how to add on consolidations and invalidate when it reverses.
I like this pair, thanks for the chart.