Major resistance is being tested by medium term support
ETHXBT will probably retrace to major support levels before reaching a new ATH
Here you can see where all my support lines come from.
ETHXBT has to prove itself by breaking resistance from its all time high. That's going to be tough.
When BTCUSD goes up, ETHUSD tends to go down.
ETHXBT is heading for some major resistance. The purple line is the path to the moon
Trump's big win in Florida only puts him an inch closer to the nomination
Red lines are resistance, green lines are support. dashed lines are recent additions and subject to greater uncertainty. Purple line = moon.
If BTCUSD is still consolidating from 2014 highs the medium/short term pattern is bearish.
50 and 200 WMA consolidation phase is nearly complete. Expect a major move up or down this week. I guess up because I am long.
Recently they have been rising in tandem.
ETHXBT is still on the top side of my target line
Well, it looks like ETHXBT is quickly jumping above a lot of solid support lines here.
Subtracting the influence the USD from the crypto-space creates interesting charts.
I drew some rough triangles over this chart a day or two ago and it looks like ETHXBT is bouncing