Seems like ETHBTC is currently in a tug of war between buyers and sellers and is forming a pennant. I don't like how the last 3 candlesticks look though. Selling pressure is visible but the bulls are buying. Ethereum is still not in overbought zone so another wave up is still possible.
Buy strategy:
Buy when Ethereum breaks out from that thick downtrend yellow line. Put a stop 2% lower from your buying position or the % depends on you.
1st support target:
Area between 0.085 to 0.086670
Buy strategy:
Buy when Ethereum breaks out from that thick downtrend yellow line. Put a stop 2% lower from your buying position or the % depends on you.
1st support target:
Area between 0.085 to 0.086670
Catatan
If it breaks below support (orange dotted line)Catatan
then we can see the price go lower before another move upCatatan
Candlesticks are looking good but volume isn't just there yetCatatan
Now, we're going down. There was not enough buying demand to push the price up.Catatan
That pin is a nice reversal indicator. Let's wait for ETH to break out from the top of this pennant.Catatan
Failed breakout. Shouldnt go lower than .0884Catatan
If this last candlestick stays green and its next candlestick closes higher, then ETHBTC is good
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.