Although ETH underperformed BTC in the recent crypto rally, the rates against BTC is firmly sitting on support.
From the structure we can logically assume that this could end up being a inverse H&S which is extremely bullish with a target of 0.1
Technical Analysis helps identify good risk/reward entries and exits, it doesn't predict the future, however if you have a good sense of the underlying assets, it is not hard to tell how things will play out.
###NOT FINANCIAL ADVICE###
From the structure we can logically assume that this could end up being a inverse H&S which is extremely bullish with a target of 0.1
Technical Analysis helps identify good risk/reward entries and exits, it doesn't predict the future, however if you have a good sense of the underlying assets, it is not hard to tell how things will play out.
###NOT FINANCIAL ADVICE###
