Here with Ethereum now on a 5 hour chart and again we can see that the 200 MA is supporting and has been tested to hold. I did alter this chart yesterday so I'm not making any changes yet to my projected pathway as I will need to see more price action movement first. But it looks to be somewhat on track.
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Looking at these 3 hour and 1 hour charts we have two crossovers in play and could lead to a significant impulse especially considering what we have seen with BTC 13.73% today it only make sense that the other big players would follow the King...
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Another seemingly more bullish outcome than my conservative estimation up top but we will see if the bulls will seize this opportunity or let it go.
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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.