I do like this. Now slightly above 20 and 50 ma and when we see huge downsides and they cross, usually a good area for a punt. Lets see. I think we can test the pink line which is the dec 17 low which was broken recently and hoping for a BTC dump with good ratio gains which may or may niot result in $ gains.
Not traditional TA but circled patterns may mean at...
ETH/BTC TECHNICAL ANALYSIS
Just broken above previous resistance level at 0.030807, could be looking at a long position to the 0.031365 level.
Proper risk management is advised.
www.tradingview.com to the
I'm currently using this chart to anticipate a rally by ETH against BTC. I currently have two nested wave-one candidates with a retracement of the current nearing or at completion.
I'm looking for a break above the thick Red line followed by a re-test from above to indicate a potential long entry.