Price only goes up or down, but the paths it can take are infinite.
To help fight my biases I take a number of potential paths including important zones where price is more likely to stall or bounce.
With ETHBTC the over-all shape since the lows is that of a large flag which could lead to an impulsive break up. The move resulting from this would be powerful, but we don't know when it may happen, so here are some potential scenarios.
A bear break has a similar potential to be a large move.
As always risk management is key.
To help fight my biases I take a number of potential paths including important zones where price is more likely to stall or bounce.
With ETHBTC the over-all shape since the lows is that of a large flag which could lead to an impulsive break up. The move resulting from this would be powerful, but we don't know when it may happen, so here are some potential scenarios.
A bear break has a similar potential to be a large move.
As always risk management is key.