TraderWhiteTiger

TraderWhiteTiger Updated 

You can see in from Augs, we are seeing a similar pattern in 4h time frame as we saw from Dec 2020 to Aug 2022. Head and shoulders formation in the last two peaks and we are in the process of forming a triple bottom. The BTCGBP triple bottom is more obvious as the long wick in the recent big drop is similar to the most recent bottom.

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In the last rally, it tested the two resistant before turn into support. It then continue the uptrend. Similar resistant has been tested and it is currently retest the support for 3 times as before. It is quite likely it will continue the uptrend like before.

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ETHUSD is trading following ascending channel. It is currently supported a the lower side of the channel.