ETHBTC also breaking above large symmetrical triangle on monthly

This triangle is found on the 1month log chart. This pattern is more speculative than the smaller inv h&s and bullflag patterns I posted in the previous idea to this that I will also link to this idea. If the ethbtc pair were to hit this symmetrical triangles breakout target ethereum would gain insane dominance against btc. Again this pattern validating is much more speculative than the bullflag and inv h&s patterns I posted in the previous idea…but as of now this pattern is still a valid one….even if not quite to be seen on the linear chart. *not financial advice*

Kommentera:

I would like to reiterate that this is strictly speculative. It seems improbable for eth to reach this level of dominance against btc so I can’t say with great confidence that this patterns breakout target will play out…however it currently is a valid pattern so might as well post the chart of it. I honestly doubt that eth would flip bitcoin like this but you never know. I wouldn’t say you should always expect the unexpected, but it never hurts to at least entertain the possibility of the unexpected. *again not financial advice*

Kommentera:

I’ve noticed that non usd pairs tend to defy chart patterns and TA more often than a USD pair so it wouldn’t surprise me if this pattern does not reach this target.