My case for ETHBTC
Since alts seem to drop whenever BTC makes new highs, I'm expecting ETH to do the same and follow this wedge with the red dotted line as support and green dotted line as resistance. Descending triangle or Triple bottom? I say triple bottom. Short term wise we are currently in a descending channel(blue dotted lines). Expecting to make an entry whenever price hits red dotted trendline or whenever ETH breaks out of its green dotted line resistance with tight stop losses.
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.