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sebastian.soik
Jul 10, 2019 12:59 AM

ETHBTC nearing long-term trendline 做多

Ethereum / BitcoinPoloniex

描述

ETH looks interesting on the weekly. Since BTC keeps on going the lower trendline is close. An double top pattern in Bitcoin price followed by a consolidation could trigger a fund movement from BTC to Alts.

评论

The trendline looks correctly placed. It also acts as a support as expected.

But I don't like the shape. I expected a longer candle that would confirm the support. At the moment it doesn't provide any useful information.

2 more days to close this candle. Maybe we get some signal during the weekend.
评论
UnknownUnicorn4870840
NICE CHART
UnknownUnicorn1000353
i agree with this
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