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Ethereum / Bitcoin
Updated

$ETHBTC 4HR Descending Triangle

33
*see ETHBTC 1D Breaking Point*

ETHBTC looks to be in accumulation zone that is getting weaker by the day. Bick wicks on both the buy and seel side tells me indecisiveness, but the LHs and the LLs tell me bears are winning.

RSI trending under the 14MA, bit more bearish than bull there.
Note
Nice uptick in buy volume the last several hours that I just noticed. Something to note.
Note
Broke down to that first level I had lined out.
cloudwalkerxbt
Bitcoin (Cryptocurrency)BTCChart PatternsETHETHBTCEthereum (Cryptocurrency)Technical IndicatorsTrend Analysis

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Bitcoin (Cryptocurrency)BTCChart PatternsETHETHBTCEthereum (Cryptocurrency)Technical IndicatorsTrend Analysis
cloudwalkerxbt

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.