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CRSpencer93

ETH/BTC Ascending Triangle Breakout - Trade the Retest

Long
Ethereum / Bitcoin (BINANCE:ETHBTC)  
CRSpencer93 Updated   
BINANCE:ETHBTC   Ethereum / Bitcoin
Trend Analysis Chart Patterns Wave Analysis Ethereum (Cryptocurrency) Bitcoin (Cryptocurrency) crypto
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trendanalysis chartpattern waveanalysis ethereum bitcoin crypto
Ethereum is looking extremely strong in comparison to Bitcoin, its broken out of an ascending triangle pattern & there's no real resistance until the 0.032500 area. Currently long on ETH from the upper $490 region & if this can work its way up towards resistance, ETH has a real chance of testing $620, the recent high.
Comment:
Wow, this really did explode. RSI at 99.21 on the 15mins timeframe right now and hitting resistance, back into Bitcoin.
Trade active:
Imminent break coming on the LTF which has formed a falling wedge & price sat directly on support....
Trade active:
We got the retest, ETH is looking bullish AF & really likely we see $800 within the next week as Bitcoin moves past ATH (fingers crossed)
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