ETH.BTC has broken out of the 0.04 zone and is currently holding at 0.039. Although it has lost support, ETH.BTC still maintains a new accumulation zone with a double bottom pattern at 0.038.
- Support: 0.038; 0.0368; 0.034
- Resistance: 0.043 - 0.044; 0.046; 0.049; 0.053
Last night, $BTC had a short correction of 2k from 62.2k to 60k, but we can clearly see that $ETH and#Altcoinare stronger.
If ETH.BTC increases by 10%, in reality $ETH has the potential to increase by 20%. ETH.BTC is also one of the signals to recognize the upcoming uptrend