ETH/BTC Ascending Triangle Breakout - Trade the Retest

Ethereum is looking extremely strong in comparison to Bitcoin, its broken out of an ascending triangle pattern & there's no real resistance until the 0.032500 area. Currently long on ETH from the upper $490 region & if this can work its way up towards resistance, ETH has a real chance of testing $620, the recent high.

Commentaire:

Wow, this really did explode. RSI at 99.21 on the 15mins timeframe right now and hitting resistance, back into Bitcoin.

Transaction en cours:

Imminent break coming on the LTF which has formed a falling wedge & price sat directly on support....

Transaction en cours:

We got the retest, ETH is looking bullish AF & really likely we see $800 within the next week as Bitcoin moves past ATH (fingers crossed)