Bitcoin has exhibited a notable price breakout, surpassing the upper boundary of its parallel channel on the daily time frame. This development sparks anticipation among traders and investors, prompting a closer examination of potential implications. A breakout above the channel typically suggests a continuation of the prevailing trend. In this case, it implies a...
Trade Setup: ETH/BTC Pair - Weekly Time Frame In this trade setup, we are focusing on the ETH/BTC pair, analyzing the price movement on a weekly time frame. The price action is currently exhibiting a consolidation pattern known as a symmetrical triangle. A symmetrical triangle is formed when the price makes lower highs and higher lows, creating converging...
On Weekly Timeframe ETH/BTC is forming Symmetrical pattern.