Mclobster
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since Feb 1, 2016
chartpattern
indicator
trendanalysis
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The ETH/BTC price is following a very structured path. It bottoms before the bitcoin halving and then goes on a bull run. It's also formed a triangle which could now be tested on the downside. If it bounces it could lead to a very strong rally. The monthly stoch RSI is also in a bottoming formation.
12
The Bitcoin top is many months away according to the monthly RSI. Looking at the previous tops 2013,2017 and 2021 the rsi on the monthly topped out at 91-97. It's currently at 78 so if this top resembles the previous tops we have a few more months to go on this bull. Also there is a chance for a double top on the rsi like in 2013 and 2021 in which case we have...
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