ETH/BTC Breaking The Ascending Triangle for BINANCE:ETHBTC by RandomOracle

ETH/BTC Breaking The Ascending Triangle

ETH/BTC has formed an ascending triangle (most obvious via line-charts) on the daily for both the BTC & USDT pairs.
It seems however that the ETH/BTC pair is trading a bit ahead of the USDT pair & has broken out before the USDT pair.. We could see some major moves for ETH very soon!

Here is the USDT triangle:

Likely Bullish Ascending Triangle On ETH Daily

Also on one of my previous ideas for ETH/USDT, ETH has confirmed fib support on the macro scale!

ETH/BTC has maintained it's bullish momentum even with the market uncertainty lately on this chart:

ETH could be starting a recovery here or very soon & just may take the spotlight from BTC for a bit?

Note

ETH looks to have broken out decisively, and appears to be continuing the uptrend it's formed. I've extended the triangles lower trendline which has been a rising support for quite some time.

Note

Note

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