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ETHBTC formed a Channel Up on the 1 hour chart. Retest of resistance in sight.

The movement of ETHBTC towards the resistance line of a Channel Up is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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Brent Crude has broken through a resistance line. It has touched this line numerous times in the last 6 days.

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A Channel Up has formed, PFE is approaching support. Can we expect a breakout and the start of a new trend or a reversal?

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