ETHBTC
The price is out of the diagonal pattern, it seems to have a downward range in the range of 0.055110. When this range becomes engulfed, the high MPL range becomes valuable.
It should be seen that the price reacts in the reverse motion on the FTB range (significant range) or on the MPL range.
It should be seen that the price reacts in the reverse motion on the FTB range (significant range) or on the MPL range.
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In its correction process, it reached the first range (blue area) and the probability of reaction to this area ($0.073825) is high.
But due to the strong momentum we had in the upward trend, we do not have the mentality to form a downward trend at the moment.
It seems that the formation of a trend, similar to the outlined scenario, is not far from the mind.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.