ETH.D is in a key area, breaking above would cause an alt party, at the same time BTC.D is falling, so it's most likely for ETH to break above.
personally, I believe we will start an alt party in 2 days, maybe less.
personally, I believe we will start an alt party in 2 days, maybe less.
Note
the chart above is for BTC.DNote
dynamic resistance just broke in 4H so far we need a retest then an alt party surely confirmed , its just an idea , no financial advice
Note
ETH.D breaking resistance one by one, but at some point definitely needs a retracement for gathering momentum, 1-rsi overbought line could be one of the reversal reasons
2-pull back to fibo 68
3- reaching 3rd target
4-reaching 4th target or fibo 100
each one of the items above could act as a reason fr candles to change the direction and make a retracement.
Note
there is also a possibility to retest the fibo 50%
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.