ETHBTC bull flag
Potential breakout on ETHBTC pair in progress. I favor the blue scenario but in case it fails red scenario can be followed for the dips. Target should be previous highs.
We also have another structure on higher time frame which is depicted below. Hidden bullish divergence on both daily and the weekly chart looks positive for the moment.
Enjoy!
We also have another structure on higher time frame which is depicted below. Hidden bullish divergence on both daily and the weekly chart looks positive for the moment.
Enjoy!
Nota
critical area incomingNota
next target should be around 0.12 satsNota
ok that was a good fake breakout, and inside the pattern once again, old trendlines still working top notch.Nota
Its good to keep in mind that when fake breakouts to the upside occur, the down breakout is more likely (not 100% ofc) and its more aggressive. So I would be very cautious trading ETH right now vs BTC
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.