Symmetric triangle on 1d candles. 1d RSI has bearish divergence, and 1d Stoch RSI has a breaish cross. Waiting on cross of MACD. Expect small price increase over the next while, then a correction to the bottom of the triangle. We have minor bullish signals on the 4h candles. A small dip will complete the ABC correction of wave 4. Wave 5 will then come, aligning with breakout of triangle. This price movement also matches up just before major ETH developments that we will be seeing this summer and fall - POS, ERC20 milestones and Plasma (hopefully).
*My opinion - Not financial advice*
*My opinion - Not financial advice*
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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.