Get started
Win-To-1-dollar

ETH/BTC Bullish update - break out and re-tes on the daily chart

Long
Ethereum / Bitcoin (BINANCE:ETHBTC)  
Win-To-1-dollar  
BINANCE:ETHBTC   Ethereum / Bitcoin
Trend Analysis Chart Patterns Technical Indicators
1
0
trendanalysis chartpattern indicator
Here we have a descending wedge on the ETH/BTC chart that I have posted about previously. We had the breakout from that pattern and succesfully flipped the 4hr supply zone into a demand zone. I think we will see great things for ETH in the upcoming days/weeks. If BTC maintains its bullish momentum, then ETH can push past several resistances on its way to the previous ATH.
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.