Well ETH/USD is showing the epitome of a triple bottom(a bullish pattern ). Three major bounces on a support line, during a down trend, over a long period of time, and with decreasing volume . It's a classic case. Though, this is the crypto market and the most predictable of patterns don't always play out. I'm bullish in the short term and will be more bullish once other resistance lines are broken.
Kommentera:
That falling wedge into the triple bottom is the frosting on the cake if ETH breaks upwards