ETHBTC Daily created a solid support after the retracement from the mar 12th sell off. Last week it broke out from a 'W' structure pattern and has consolidated forming a bullish flag.A breakout from this flag also breaks out from some higher resistance levels going for the 100 % target at 0.025573.This should confirm the next Alt coin rally
Kommentera:
ETHBTC. Just to update this pattern, if you look back it is from a previous fractal of a larger 'W' structure and bull flag broken and then it went to even break a bullish falling wedge.This time around the fractal has played out the 'W' structure and is now forming the bullish flag which could retrace max to 50 % as indicated from the previous fractal. If this fractal plays out and break out from this flag then the last pattern to overcome is a very large bullish wedge going back to the last bull run.When it happens i will have a clearer picture with the targets displayed as it would be a start of the next Alts bull run.
