Today’s report will include:

In Today’s analysis -ETHBTC- bottoming around a support region that has multiple technical confluences.

Points to consider ✍

ETHBTC’s market structure has been bearish for a considerable period of time, price action is currently testing the POC, Bullish Order Block and the Dynamic S/R Support for a potential reversal zone.

Price Action need to establish a local bottoming structure around the .618 Fibonacci confluence zone, this will increase the probability of a bottom being in pace.

Overall, in from Bitcoin Insider’s perspective, ETHBTC is a valid long with defined risk, price action it to be used upon discretion/ management. ✍

Hope this analysis helps.

TradingView Charting Platform: Where the world charts, chats and trades markets. We're a supercharged super-charting platform and social network for traders and investors 💹 📈

Blofin Cryto Trading Platform: BloFin is your next crypto trading solution that provides an easy-to-use, secure and reliable trading experience to accommodate all folks. 💵 💰

Trading Education - BabyPips: Babypips helps new traders learn about the forex and crypto markets without falling asleep. We introduce people to the world of trading currencies 📖 📚

Claim 300 Deposit Bonus here

Bitcoin Insider bouncing back to work, See you in the next one! 👊