jacques_michaud

Trading ETH Double Bottom on weekly timeframe

Long
KRAKEN:ETHUSD   Ethereum
ETH on a weekly trend is playing out the classic double bottom scenario, giving a possible top around 830 which is close to the .382 FIB extension from the 1400 top in 2018. This combined with the historic low of the BTC/ETH ratio which will trend back up to it's historical average.
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