This is a follow up to "Keep and eye fixed on ETH!" please check that one out if you already haven't.
Hi!
We are more bullish than ever, even if its really hard to cope with during hard times like these. I hope everyone is safe and well!
Looking at the chart here we can see that the retrace is nearing its end, if not already turned around back to bullish on the micro scale. Macro still looks like a huge bullish BULL FLAG. So we are absolutely not worried. RSI shows the same fake movement that caused the BTC to drop dramatically catching many investors and traders off-guard. This can be seen very clearly here too. The RSi resistance is the next short term tager to break, but after that we will see big movement up so buckle up and enjoy the ride! Wohoo!
All the best and safe trades!
-B
Hi!
We are more bullish than ever, even if its really hard to cope with during hard times like these. I hope everyone is safe and well!
Looking at the chart here we can see that the retrace is nearing its end, if not already turned around back to bullish on the micro scale. Macro still looks like a huge bullish BULL FLAG. So we are absolutely not worried. RSI shows the same fake movement that caused the BTC to drop dramatically catching many investors and traders off-guard. This can be seen very clearly here too. The RSi resistance is the next short term tager to break, but after that we will see big movement up so buckle up and enjoy the ride! Wohoo!
All the best and safe trades!
-B
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Ok, so I will leave it with this, to be continued:
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Here is an overlay with DASH latest bullish spike, could happen to ETH as well..
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This is the ETHUSD pair:
-We might see a simultaneous breakout, and away from the RSI range as well as the top res-line. Even though ETHBTC pair is slightly suffering in the movement up, we are gaining great momentum in the USD pair because BTC is pumping atm. While BTC corrects in between pumps, we should also see the ETHBTC pair pump. Very interesting development.
-We might see a simultaneous breakout, and away from the RSI range as well as the top res-line. Even though ETHBTC pair is slightly suffering in the movement up, we are gaining great momentum in the USD pair because BTC is pumping atm. While BTC corrects in between pumps, we should also see the ETHBTC pair pump. Very interesting development.
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Like this:
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Big fight still going on in the btc pair:
once this channel is broken out of and a candle close outside, it will most likely boost confidence for the next wave up. Big things up ahead.
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Price action is very tangled with BTC and there has been bullish div, for a while. This is just a test of patience. We are very bullish still.
We are now about to break the upper res line on the RSI and also slowly exiting the falling wedge on the price chart. Stay tuned, this could pop any sec.
We are now about to break the upper res line on the RSI and also slowly exiting the falling wedge on the price chart. Stay tuned, this could pop any sec.
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ETH against BTC
