Since the start of April BTC/ETH trading pair has been in a solid channel heading upwards. I drew in channel supports where it bounces between throughout the uptrend. As you can see (colorblind friendly TA) the channel has many different subchannels, but it is not close to breaking trend anytime soon.
There is a support line (dotted line) that I created by zooming out a year and finding where the major plays have happened at the same level. What happens if/when it hits that support? Up or down, Idk. I just am just using my cad and art degree drawing lines and making bank... I'm no good at predictions, just TA.
Nothing to disagree with me about, I am just showing what it has been trading within. Use this for yourself as a reference when buying and selling for knowing patterns.
Enjoy =)
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