🦋 ETH/BTC UPDATE
Altcoins feel quite bad. As you can see, there is a H&S pattern, the price has almost formed the right shoulder.
Moreover, there is an ascending channel that must be broken downwards and send the price to the neckline zone.
Overall, it is better to stay away from trading altcoins for now. It is better to just set bids on majors (#SOL, #BNB, #LINK, #ADA, #DOT) 20% - 25% lower than the current price.
Altcoins feel quite bad. As you can see, there is a H&S pattern, the price has almost formed the right shoulder.
Moreover, there is an ascending channel that must be broken downwards and send the price to the neckline zone.
Overall, it is better to stay away from trading altcoins for now. It is better to just set bids on majors (#SOL, #BNB, #LINK, #ADA, #DOT) 20% - 25% lower than the current price.
👍3