Hello, dear members of LeoFinance!
Today I want to outline something interesting on the price chart of ETH/BTC.
In the 4-hour chart (1H), ETH/BTC has exited the Descending Triangle:
Theoretically, a Descending Triangle is viewed as a common trend continuation pattern. That is why it seems that ETH/BTC is resuming the uptrend.
To be continued ...
As of the time of writing, one ETH costs 0,076263 BTC on the Binance crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 15 years, and as a cryptocurrency analyst for the last 4 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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