GeorgeSaber
Long

ETH BTC, PARABOLIC MOVE setting up

BINANCE:ETHBTC   Ethereum / Bitcoin
ETHUSD
Has broken out of an ascending triangle/bullish pennant , and is currently retesting the formation to establish support.

ETHBTC is looking more interesting,
I published a video about the incoming possibility of a BTC pullback and ETH hedge.


Upon ETHBTC, symmetrical triangle breakout our targets are:
T1 0.049
T2 0.064
T3 0.078
T4 0.088

The trade becomes invalid, if ETHBTC breaks the symmetrical triangle to the downside.


For the full video analysis:


Moonbound, Godspeed.
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