MattiaPaccamiccio

MattiaPaccamiccio

As you can see, there's a lot of confluence regarding a possible further upside swing on the ETH/BTC pair. The cup and handle formation (blue) almost hit the measured target of 0.069 BTC, forming anoter bigger rounded bottom with a measured target of 0.114 BTC. Big falling wedge in play since May '17, with a measured target of 0.151 BTC. We hence might visit those...

MattiaPaccamiccio

The first cup and handle almost reached the measured target and is forming the last part of the bigger rounding bottom. 3-years old falling wedge target in still play. Given how BTC.D dropped, the actual use cases behind ETH, bullish sentiment around it, value locked in DeFi and institutions starting to adopt it we might very possibly see ETH/BTC run to all time...