ETH against BTC looks like it rebounded very nice of the diagonal support line and is heading for new highs after bleeding the last week. It is forming higher highs and higher lows in the form of a rising wedge. If Bitcoin decides to cooperate I can see ETH going to the 0.082 level.
The red lines are the next levels I'm looking out for to act as resistance. If we break down then I'm looking at the green support levels.
All in all, I'm bullish for ETH against BTC and ETH/USDT. Now hoping that BTC will just cooperate.
The red lines are the next levels I'm looking out for to act as resistance. If we break down then I'm looking at the green support levels.
All in all, I'm bullish for ETH against BTC and ETH/USDT. Now hoping that BTC will just cooperate.