The ETHBTC pair has been rebounding hyper aggressively after the April 21 2025 Low on the 6-year Support Zone, and is now facing it's most important test, the 1W MA50 (blue trend-line).
This trend-line has been its Resistance since basically March 13 2023, so if broken, it will be a massive bullish break-out signal.
In fact during the 2020 - 2021 Bullish Leg, once the price broke above the 1W MA50, the market got the final confirmation of the upcoming long-term rally.
We expect Ethereum to outperform Bitcoin for the rest of the year at least.
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This trend-line has been its Resistance since basically March 13 2023, so if broken, it will be a massive bullish break-out signal.
In fact during the 2020 - 2021 Bullish Leg, once the price broke above the 1W MA50, the market got the final confirmation of the upcoming long-term rally.
We expect Ethereum to outperform Bitcoin for the rest of the year at least.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.