Hi traders,
The Weekly Candles of Ethereum-Bitcoin (ETHBTC) is forming something similar to an ascending triangle. However, the price action is testing the support and it looks like it is in a hard spot right now. Good chance it bounces though, but the real question is, What will happen to the price when it does break one of these s/r lines?
Safe trading,
-Pulkanator
The Weekly Candles of Ethereum-Bitcoin (ETHBTC) is forming something similar to an ascending triangle. However, the price action is testing the support and it looks like it is in a hard spot right now. Good chance it bounces though, but the real question is, What will happen to the price when it does break one of these s/r lines?
Safe trading,
-Pulkanator