The breakout of ETHBTC through the 0.0231 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of ETHBTC to test 0.0233 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 0.0231 numerous times, ETHBTC has finally broken through. Can we expect a bullish trend to follow?
