After testing 0.0248 numerous times, ETHBTC has finally broken through. Can we expect a bullish trend to follow?

The breakout of ETHBTC through the 0.0248 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 0.0250 within the next 11 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.