ETHBTC looks primed to trigger the weekly inv h&S breakout.

25 Oca 2021

Ethereum looks set to make massive gains against bitcoin here if it validates the breakout from this weekly inverse head and shoulder pattern that price action is currently above and has in fact just closed 1 weekly bull candle above. On the new weekly candle there is a chance that priceaction could come back and retest the neckline before confirming the breakout. If it does and maintains support that is indeed a prime spot imo (not financial advice) to long. I may go a head and ladder in small longs here though with smart stop losses set below just in case we don't get that opportunity. If this breakout were indeed to occur we would see Ethereum gain in value against btc by a massive 50%. Must remember that it's still in a potential fakeout zone for now and I must make sure not to get to certain of either direction until I see whether or not the breakout is confirmed.

14 Şub 2021

Not

so far ethbtc still getting rejected at the inv h&s neckline.