$ETH /BTC – POTENTIAL REVERSAL BREAKOUT BREWING!
After a prolonged downtrend from the 0.041 zone, $ETH/BTC has now broken the falling trendline and is forming a bullish pennant on the weekly timeframe. This consolidation pattern often signals continuation — and in this case, it's following a sharp recovery move, increasing the likelihood of a bullish breakout.
CURRENT LEVELS:
Price: 0.024695
24H Range: 0.024216 – 0.024932
Structure: Symmetrical triangle after impulse move
OUTLOOK:
If ETH/BTC breaks and closes above 0.02530 on the weekly chart, it could target the next major resistance at 0.02939. This move would mark a significant shift in ETH's performance relative to BTC — possibly aligning with altcoin season triggers.
CONFIRMATION ZONE:
Break and weekly close above 0.02530 = bullish confirmation.
Break below 0.02350 = invalidates triangle and retests prior support.
PRO TIP:
Watch BTC dominance closely. If dominance drops while ETH/BTC breaks out, ETH will likely outperform BTC across major pairings.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!