Bullish momentum to continue?

Hello friends, let's look at the ETH/BTC chart. ETH appears to be in a Rising Channel against BTC. The Channel Support faced a crucial test at the beginning of March as the 50 EMA crossed below the 200 EMA (Death Cross). Bullish momentum held and ETH has enjoyed a 16% bounce. Bulls gained a confidence boost in early April as the 50 EMA crossed back above the 200 EMA (Golden Cross). I'm expecting this bullishness to continue and will be looking for an entry to increase my position.

Good Luck.


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Ascending ChannelbuyzoneChart PatternsDivergenceETHBTCethbtclonggoldencrossTechnical IndicatorsTrend Analysis

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