Ethereum #ETH Weekly - Is $10K possible?From past history, when Ethereum goes into oversold territory RSI at 70+ on the weekly chart, the price seems to show a nice pump. See the chart to understand more.
There are a few issues to consider as well:
1) We are potentially forming bearish divergence
2) Almost 6 weeks of upside weekly candles
3) If BTC has a correction, ETH will follow
Lastly, I drew a few fib levels to watch if a pump occurs, where would we be able to get to. With just about 120% gain from current price levels, we could be seeing almost a $10K ETH.
This is all exciting but we do have a few hurdles ahead.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Cryptopickk
#SHIB SHIBA INU - Interesting supportFor the SHIB Army and SHIB watchers: Nice support at the S/R area and now on the hourly a higher high formed. RSI seems to be making it's way back up. It was interesting how SHIB's price was almost parabolically going down until the S/R point. If price moves back up, I noted fib extensions.
I am still very cautious about Shiba Inu.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
#MIR MIRROR PROTOCOL 4H ChartMirror just did a retest on the trend line and it seems that it is getting supported. Fib extensions seem to show possibility of growth. Also RSI cool down and trendline re-test on the 4H Chart shows that possible move back up may be coming.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins