Forex_Academy

ETH/BTC breakdown still possible

Short
BITTREX:ETHBTC   Ethereum / Bitcoin
The crypto pair is trading in the red right now and seems determined to drop below the lower median line (lml). I want to remind you that a valid breakdown will signal a drop at least till the median line (ML). I believe that only a valid breakout above the sliding line (sl) will invalidate a further drop.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.