ETH/BTC looks to be hitting support on the daily time frame and is anticipated to continue building an Inverse Head & Shoulders pattern. Target of the completed Head & Shoulders will be seen at 0.04968.
Trade active
ETH/BTC has pulled back to 0.03338 deepening the right shoulder, however it did not invalidate the structure. Inverse head and shoulders still in tact with ETH/BTC target at 0.04968+
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.