ETH/BTC TA Update (Double Bottom?)

ETH/BTC

ETH broke outside the downward resistance and made a higher low for the first time. There is also a potential double bottom pattern formed between 17200 sats area as the price already showing sign of reversal on this 4-hour timeframe. We may see ETH pullback to the support zone to confirm the old resistance turning into new support before continues its uptrend again. If you will trade this Long position, your stop-loss will be placed below the previous low wick at 17180 sat area.