ETH vs BTC - David vs Goliath
ETH has a Descending triangle pattern which is the same as BTC but there is a catch, ETH-BTC pair is also having a Descending triangle pattern. Now things can go one of two ways - either ETH breaks upward and BTC down or ETH down and BTC breaks upward.
Now I notice that while the momentum for BTC was oscillating from the bottom, ETH momentum lows have been on a steady increase.
Is that a sign that ETH is gonna break upwards? Is David gonna beat Goliath? Time will tell. ( I favor David but that's just me)
(P.S a third option would be an increased descent rate on ETH compared to BTC and both fall but that's a very complex case)
Longs above 315 and shorts below 280 if you don't wanna miss out on either side.
Now I notice that while the momentum for BTC was oscillating from the bottom, ETH momentum lows have been on a steady increase.
Is that a sign that ETH is gonna break upwards? Is David gonna beat Goliath? Time will tell. ( I favor David but that's just me)
(P.S a third option would be an increased descent rate on ETH compared to BTC and both fall but that's a very complex case)
Longs above 315 and shorts below 280 if you don't wanna miss out on either side.
Not
Well ETH broke down below 280 so its a good time to go short. Meanwhile ETHBTC pair has yet to fall lower and touch support so the breakdown or breakup for ETH vs BTC might happen towards the end of this month. For now they are following each other.Not
ETH hit descending triangle target perfectly :)İşlem kapandı: hedefe ulaştı
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.