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After comparing the long-term charts of ETH and BTC, I noticed that ETH is forming bullish triangle pattern since 2021.
The triangle structure on ETH appears to have completed, and such formations often lead to continuation moves to the upside.
This suggests that the broader market structure may still favor the upside.
In my view, BTC’s major support in the $50K–$70K region is likely to hold.
The triangle structure on ETH appears to have completed, and such formations often lead to continuation moves to the upside.
This suggests that the broader market structure may still favor the upside.
In my view, BTC’s major support in the $50K–$70K region is likely to hold.
- #2,008
- Mar 17, 2026 9:52am Mar 17, 2026 9:52am
- Joined Nov 2007 | Status: Trader | 1,984 Posts
76k was touched (just about anyways...not enough to fill my extra 1/4 position I added that Im taking off there (of course
)), so I moved my stop to 72900, locking in some profit.
It breaks 72900 and it'll probably go on to break the red TL and dont want to be long if that happens. Can always get back in, but will want to see how it plays out.
I dont think that will happen, but gotta protect myself.
Looks like a rogue wave Im toughing it out on, gotta trust the location of my stops. Still very bullish, but it needs to make another run now
)), so I moved my stop to 72900, locking in some profit. It breaks 72900 and it'll probably go on to break the red TL and dont want to be long if that happens. Can always get back in, but will want to see how it plays out.
I dont think that will happen, but gotta protect myself.
Looks like a rogue wave Im toughing it out on, gotta trust the location of my stops. Still very bullish, but it needs to make another run now
- #2,016
- Mar 18, 2026 3:20pm Mar 18, 2026 3:20pm
- Joined Jan 2019 | Status: Trader | 2,903 Posts
BTC heading to test resistance 76-78k, a base above will take it high again..but better wait for a base above 80k as it's a psychological level no more no less...meanwhile 60k closing up as support.
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
