BTC and ETH, Accounting for Supply
Assuming we found a market cycle bottom for BTC/ETH, we can start considering future targets so we're not caught off-guard when the time comes.
Both charts have been trading in an ascending triangle (when adjusting for BTC_SUPPLY and ETH_SUPPLY).
I would take profit when either upper trendline is touched, and either wait for a clear breakout, or for a retest of the lower trendline.
Both charts have been trading in an ascending triangle (when adjusting for BTC_SUPPLY and ETH_SUPPLY).
I would take profit when either upper trendline is touched, and either wait for a clear breakout, or for a retest of the lower trendline.
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