Hello traders .
let's start with the ETH/BTC first because it's very important for ETH to looks bullish against BTC for opening long position.
so here is the chart :
as you can see in the weekly time frame ETH/BTC hold the weekly support and also on of the important thing is ETH/BTC price already above 21ema. ; also price try to formed very nice bull flag or triangle , the overall trend is bullish we can easily see this in the bigger time frame .
but Let's look at ETH against the us dollar , one of the interesting fact about ETH/USDT is that we can see a same chart like ETH/BTC , so what's happening now ?!
ETH price in the us dollar chart already breaked the blue resistance line. and now ETH price trying to retest 21ema and the line as support , if price goes above previous rejection point , we can say it's time to fly ETH !
I hope you enjoyed this analysis.
Do not forget to like and subscribe
share my ideas with your friends , thanks for watching my ideas
let's start with the ETH/BTC first because it's very important for ETH to looks bullish against BTC for opening long position.
so here is the chart :
as you can see in the weekly time frame ETH/BTC hold the weekly support and also on of the important thing is ETH/BTC price already above 21ema. ; also price try to formed very nice bull flag or triangle , the overall trend is bullish we can easily see this in the bigger time frame .
but Let's look at ETH against the us dollar , one of the interesting fact about ETH/USDT is that we can see a same chart like ETH/BTC , so what's happening now ?!
ETH price in the us dollar chart already breaked the blue resistance line. and now ETH price trying to retest 21ema and the line as support , if price goes above previous rejection point , we can say it's time to fly ETH !
I hope you enjoyed this analysis.
Do not forget to like and subscribe
share my ideas with your friends , thanks for watching my ideas
