Algo flashing a false breakout, BTC stronger reallocated BTC. Waiting for the 0.063 level to breach, then will reallocate more to ETH
We are utilising a Algo that encompasses ETHUSD BTCUSD ETHBTC to identify the best value. We also looking for arbitrage which then gives a good indication of where the prices in the markets may go regarding the BTC ETH pair. We are developing more Technical into our signals and past performance does not represent future earnings. Remember given what crypto is facing with the SEC it WILL come back stronger be ready to act when it does.
After 25K was breached on the upside, it became a short-term support. H&S bottom reversal price target stands at 34K. We have seen few weeks of consolidation above the neckline at 25K and so far the technical outlook hasn't changed. H&S bottom pattern is still intact. During any pullback 25K will act as support.