ETHBTC - Looking Ready For Take-Off
Updated
ETHBTC has formed an Inside-Bar / Pin Bar pattern which could see this ratio move much higher once the highs of the mother candle are taken out. These patterns generally signify bullish consolidation of price and often precede bullish breakouts.
This pattern is in harmony with the very bullish pattern that has formed in BTC. If the BTCUSD pattern breaks out and starts running we will likely see this pattern breakout and start running as well.
This pattern is in harmony with the very bullish pattern that has formed in BTC. If the BTCUSD pattern breaks out and starts running we will likely see this pattern breakout and start running as well.
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