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Ethereum / Bitcoin

ETH BTC pair aproaching important resistance

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ETH just broke the downtrend resistance line which holded ETH under from 8th July 2019. That line was offerim some support and resistance for 1,5 years now. But the most important point comes now. ETH/BTC is aproaching longterm resistance line, which held ETH under from 12th July 2018. If the line holds than pull back is expected. But if it breaks than we could suspect the end of downtrend. Situation on market is nice to support optimism.
AlexioMB
breakoutChart PatternsETHETHBTCEthereum (Cryptocurrency)reversalTrend Analysis

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breakoutChart PatternsETHETHBTCEthereum (Cryptocurrency)reversalTrend Analysis
AlexioMB

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.