Hey guys, hope you're aaaalll doing fine! ;) ETH is right now in a clear tightening pattern with the 4H Lower Highs of 480 and the Double Bottom at 450.
=> A break here is coming sooner than later. I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;)
All in all, it was a healthy consolidation, with upholding the previous bullflag, but surely inside the equilibrium the bears were stronger with double bottom. Eventually it is going to depend on big brother Bitcoin. In the direct correlation of ETH/BTC, we're still trying to maintain the 0.07 as support.
If Bitcoin manages to stay in the 4H equilibrium/Daily inside bar , I think a break should be coming this weekend. I wish you a good trading! ;) No matter what you do: set your stop loss & beware of fake-outs.
If you had some value from my analysis, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
=> A break here is coming sooner than later. I will be talking about this in today's episode of the 'Crypto Chart Analysis', make sure to watch it! ;)
All in all, it was a healthy consolidation, with upholding the previous bullflag, but surely inside the equilibrium the bears were stronger with double bottom. Eventually it is going to depend on big brother Bitcoin. In the direct correlation of ETH/BTC, we're still trying to maintain the 0.07 as support.
If Bitcoin manages to stay in the 4H equilibrium/Daily inside bar , I think a break should be coming this weekend. I wish you a good trading! ;) No matter what you do: set your stop loss & beware of fake-outs.
If you had some value from my analysis, please like & subscribe, I will be doing those daily from now on! ;)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.