ergal91

Ethereum double bottom & Ascending triangle breakout?

לונג
BINANCE:ETHUSDT   Ethereum / TetherUS
I'm looking at Ethereum chart in multi- timeframe. Using trend based fib extension, I showed you that 100 % projection of A wave / from November top/ATH/ to January low has been completed. In daily timeframe there is a nice Adam & Eva double bottom pattern with ascending triangle/. Such kind of pattern there are on total market cap and BTC charts as well. At 4h timeframe there is ascending triangle too. Its resistance has been tested 4 times. To get confirmation of the breakout we need BTC 4h and daily candle close above the resistance. I expect it in coming days. All targets are pointed on the charts.
You can also check my previous analysis about BTC, Total market cap, DXY, USDT dominance and understand why I'm bullish.


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