ETHBTC has been in a downtrend since june 2019. The down trend is characterized by the successive lower lows and lower highs on the weekly timeframe. Currently price is consolidating between the range of 0.038 and 0.017, and has formed an inverse head and shoulder pattern.
Note
The prediction is that price would get to 0.1 BTC soon.Entry : 0.0363
Target: 0.1
stop loss: 0.023
Confirmation: Bullish engulfing at 0.032
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.
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.