ETHBTC is more likely to continue higher
Nice double bottom pattern will be activated if prices breach 0.026 level to the upside to target the sell zone between 0.031 and 0.0322.
Consolidation between 0.0246 and 0.026 is healthy and trading and closing daily candles above the long term down trend line is good sign, I would place my stop around 0.024.
Hit the like button please if you find this useful :)
Do your own analysis before following my ideas
Happy Trading!
Consolidation between 0.0246 and 0.026 is healthy and trading and closing daily candles above the long term down trend line is good sign, I would place my stop around 0.024.
Hit the like button please if you find this useful :)
Do your own analysis before following my ideas
Happy Trading!
Note
ETH is still consolidating between 0.0246 and 0.026 and closing daily candles above the long term down trend line, I expect a break out soon.trading and closing below 0.024 is a bad signal
Hit the like button please if you find this useful :)
Do your own analysis before following my ideas
Happy Trading!
Trade active
Finally ETH broke the consolidation range and is on its way towards the set targetTrade closed: target reached
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Disclaimer
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.