BTC is currently setting up a pattern for a wider bull flag channel or a possible bearish consolodation channel. A short term 5 min descending triangle pattern is also possible to find more footing to establish a longer term time frame. Considering ETH has been leading the markets bull run and is currently setting atleast 5 min lower highs and lows and is extremely over extended on the 4 hour time frame, I'm leaning a little bearish.
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.