TradingView
actavis89
Jul 3, 2018 4:44 PM

ETHBTC Long Long

Ethereum / BitcoinBitfinex

Description

Hit bottom of trading range; not perfect but definitely a kind of head and shoulders pattern formed; RSI/OBV already broken out of resistance and now resistance should turn to support; total crypto market cap has been steadily increasing and we have seen a local peak in BTC dominance, the combination of the two is typically a buy indicator for alt coins.

Don't trade ALTBTC pairs without watching BTC movements and BTC dominance (can be seen on coinmarketcap)

.072 must be broken then targets are .075; .077; .08
More