Ethereum / Bitcoin pair is coming out of a triangle, pullback was rejected by the range low, expecting more downside.
Note
ETHBTC is printing a doji on the daily at 0.027 support area, so monitoring this for a short term https://bounce.https://www.tradingview.com/x/nmKLC4cm/Note
Macro bearish count is still possible while trading below the E high. Short term can see a little recovery, .382 pullback is at the monthly POC level.Note
There is a fib overlap on 0.0297, so if this is a leading diag we want to see a reaction from that level and slightly lower.Last update on this idea...
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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.