ETHBTC

By FiboTech
Updated
Hello dear friends

In the four-hour time frame, positive RSI divergence is associated with butterfly and bat harmonic patterns.
Considering that the support range of $0.06552 has been maintained in the previous correction process, the possibility of seeing the lower areas is currently weak.

As long as the range of $0.070026 is maintained, we expect the formation of an increasing trend similar to the drawn scenario.

We would be happy to hear your comments
Trade active
The first phase of the scenario (i.e. consuming the range of $0.73336) has been completed. As a result, the way is open to continue the upward trend up to the specified range.
Trade closed: target reached
batterflyBitcoin (Cryptocurrency)Bullish BatChart PatternsETHBTCEthereum (Cryptocurrency)Harmonic PatternsharmonicpattrenpriceactionrsidivergenceTechnical AnalysisTrend Analysis
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