💎ETH/BTC - Very bullish pattern 1H right here! STRONG BUY
Hello everybody!🧑🏻🚀 If you like this chart THUMB UP!👍 ETH/BTC shows a very strong pattern name "Ascending Triangle".
With a strong crypto market, we can see the breaking of the triangle and jump to the drew level!
Remind you that globally we have 4 strong fundamental reasons for this rising:
1. All 3 MA stay under the price.
2. Soon will be halving of BTC.
3. Fundamental factors now also favor Ethereum. For example, it recently became known that Quorum, the blockchain division of banking giant JP Morgan Chase, is in talks to merge with ConsenSys, a software development company based on the Ethereum blockchain. If this merger does take place, JP Morgan can provide a powerful flow of capital to the Ethereum ecosystem.
4. Another important advantage of Ethereum at the moment is decentralized Finance (or DeFi), which is one of the main advantages of This blockchain over competitors.
Good luck! All targets on the chart!
With a strong crypto market, we can see the breaking of the triangle and jump to the drew level!
Remind you that globally we have 4 strong fundamental reasons for this rising:
1. All 3 MA stay under the price.
2. Soon will be halving of BTC.
3. Fundamental factors now also favor Ethereum. For example, it recently became known that Quorum, the blockchain division of banking giant JP Morgan Chase, is in talks to merge with ConsenSys, a software development company based on the Ethereum blockchain. If this merger does take place, JP Morgan can provide a powerful flow of capital to the Ethereum ecosystem.
4. Another important advantage of Ethereum at the moment is decentralized Finance (or DeFi), which is one of the main advantages of This blockchain over competitors.
Good luck! All targets on the chart!
🔹Академия инвестиций FINOMEN Премия «Образовательный проект года» по финансовой грамотности в 2021 по версии Investment Leaders Award) - finomen.academy
🔹Подписывайтесь в Instagram (50к подписчиков) - instagram.com/ask_kutsenko
🔹Подписывайтесь в Instagram (50к подписчиков) - instagram.com/ask_kutsenko
Related publications
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.