ETHBTC Analysis by @cryptomoeng

Total Quality
Score
0.02324
0.0220000000
0.026
ETHBTC
1H
Pending
Free
Analysis Predict Bull Market
Technical
The analysis begins with BTC currently at 109,555. The analyst anticipates another leg up for Bitcoin before retesting an eleven-year resistance. He uses smaller short positions as hedge positions, he suggest that breaking the eleven-year resistance line could send BTC to $150,000. For ETHBTC he is looking at a symmetrical triangle on the four-hour time frame, anticipating direction in 24-48 hours. He notes real-world usage (USDC transfers) on Ethereum as a factor. The analyst points at on-chain data, specifically regarding short-term and long-term Bitcoin holders. Short-term holders realize price at 94,500 and long-term holders at $33,000. He plans to upload an altcoin trading tutorial video, sharing buying strategies, showing how to cash out your spot holdings without selling
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