Ranama

Broke critical support and soon to set higher high

BINANCE:ETHBTC   Ethereum / Bitcoin
This is the first time in several months that ETH/BTC will set a higher high on the daily chart, this is very bullish in the daily timeframe.
ETH/BTC have also broken the strong down trendline some weeks ago and that is very bullish, expect higher low after or before we have set a higher high, when the higher low is established and confirmed it is a good time to enter if you are more bullish eth vs btc. You can also enter a part of the amount when the higher high is made, if you are afraid it will take a while until we see a clear higher low.
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.