ETH-BTC Fascinating Ribbon Pattern
3 Bearish Peaks can be observed on the ribbon indicator
This lead to a bear run
Now 3 Bullish Peaks (based on trend) can be observed on the ribbon indicator. Is this an early indicator for a larger bull run on the BTC pair for ETH?
For me it is.
Currently price is under 0.786 on the 3rd peak, and should hold above the pattern that has formed, leading to a larger breakout
I forecast a ~0.3 top
This lead to a bear run
Now 3 Bullish Peaks (based on trend) can be observed on the ribbon indicator. Is this an early indicator for a larger bull run on the BTC pair for ETH?
For me it is.
Currently price is under 0.786 on the 3rd peak, and should hold above the pattern that has formed, leading to a larger breakout
I forecast a ~0.3 top
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