Long with tight SL in mind *ETHBTC works 4 me kinda or part of my Altcoin-Indicator overall. we can see RSI Bull div on the 4H chart We are moving away from the BB > incomming tightening - we reached the recent Low Zone, if we Bounce here there it could lead to some good Mid-Longer Term gains. - If we fall thru this support and making new lows -...
Looks like a bullish divergence on the 12h chart. I'm hoping for a retrace down below 6k ideally and then a confirmation of strong rally and then i'll be looking to go long.
Taking into consideration the longer term view, we notice that prices has seen a reliable support being established near the 94 level. where we can see abcdpattern completed and a possible formation H&S the US Dollar could see another attempt to the upside 97.50. Let's see how the market reacts at this levels for further indications.