ETH/BTC 1D
Let's diversify the content and consider what can be expected from the broadcast in the medium term.
I see good growth potential for ETH. For more than a year now, ETH/BTC levels have been fluctuating within a descending wedge, which usually breaks out 🔼
Additional factors indicating possible growth:
Bullish divergence is definitely in favor of growth.
News background. Yesterday, Valkyrie's ETH-ETF futures ETF was approved, which is certainly a bullish call for both Ether and the crypto market as a whole.
Before the breakdown, another descent to the lower boundary of the formation is quite possible (but these are minor things). I will open a medium-term long trade on ETH after the formation breaks upward.
Let's diversify the content and consider what can be expected from the broadcast in the medium term.
I see good growth potential for ETH. For more than a year now, ETH/BTC levels have been fluctuating within a descending wedge, which usually breaks out 🔼
Additional factors indicating possible growth:
Bullish divergence is definitely in favor of growth.
News background. Yesterday, Valkyrie's ETH-ETF futures ETF was approved, which is certainly a bullish call for both Ether and the crypto market as a whole.
Before the breakdown, another descent to the lower boundary of the formation is quite possible (but these are minor things). I will open a medium-term long trade on ETH after the formation breaks upward.