Looking at ETHBTC on the daily
Sellers are becoming exhausted
W%R is over sold and printing a bullish divergence
Histogram has a working potential bullish divergence (Not there just yet)
OBV took a beating but is now printing a bullish divergence
We are in location with price coming close to the .786 fib
I'd like to see some price structure come in "W in price" as I don't want to knife catch this. This still has a while to play out and also would be good to look at ETH vs USD to see if we have any confluence with the ETH vs BTC chart.
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Sellers are becoming exhausted
W%R is over sold and printing a bullish divergence
Histogram has a working potential bullish divergence (Not there just yet)
OBV took a beating but is now printing a bullish divergence
We are in location with price coming close to the .786 fib
I'd like to see some price structure come in "W in price" as I don't want to knife catch this. This still has a while to play out and also would be good to look at ETH vs USD to see if we have any confluence with the ETH vs BTC chart.
If you like what I do, drop a like and consider subscribing. Thanks :)
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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.