ETH/BTC probability

ETH just got the demand power from beneath,

breaking 1st and 2nd line could be the sign of alt season

IF ETH could break the 1 and 2 lines I believe it would reach the previous ATH and may make a new one.

we have to track the fundamental news also

Comentário:

‌ETH has a semi-strong resistance above his head, it needs to break it and we need RSI over 50 % for that breakout,

a break above triangle: ALT party

a break below triangle: alt crash

Comentário:

for me scenario is still valid, and I think the breaking up is more probable than breaking down,
we are in a strong resistance but if we break definitely we will have an alt party and all the altcoins will pump.

Comentário:

afrer a retracement and reacting to 50% Fibo . price rises up now we just break the resistance and placed in the FIBO 0.38 , so far we need a close above all of them to continue the trend and go up

it is possible to close above

Comentário:

the first high reached, breaking the next dynamic trend line is so important, its is the signal for the start of greater alt party

Comentário:

due to the positioning of RSI, and reaching the first target,

I believe these two scenarios is more probable and the price might make a retest (pullback), these might fail or not, just my idea

DYOR