ETH/BTC confirmed breakout
As I mentioned earlier, ETH broke out against BTC (check out the linked idea). On the daily time frame and got confirmed because of the daily close above the upper resistance line and I think the next level of resistance will be the 0.77 approximately because of the previous support and resistance.
To me this means signals a lot more upside potential for ETH but we’re getting in the overbought zone for ETH/BTC. To me this signals we could be heading towards a (small) correction.
This is my publication #14. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know and do not hestitate to send me a message and to leave a comment! I’m also just a trader.
To me this means signals a lot more upside potential for ETH but we’re getting in the overbought zone for ETH/BTC. To me this signals we could be heading towards a (small) correction.
This is my publication #14. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know and do not hestitate to send me a message and to leave a comment! I’m also just a trader.
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