Not a financial advisor.
Just like BTCUSD RSI breakout from the linked post .... ETHUSD is about to do the same...
ETHUSD's RSI might breakout and retest the trendline before price action breaks ATH.
No further comments.
Just like BTCUSD RSI breakout from the linked post .... ETHUSD is about to do the same...
ETHUSD's RSI might breakout and retest the trendline before price action breaks ATH.
No further comments.
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Price action might actually repeat Nov-Dec timeframe on the chart below:
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Keep an eye on your daily close as it may change the whole idea from a bullish into bearish price action.
Look at the price action impact on the RSI.
Currently looks as acting as a resistance.
Look at the price action impact on the RSI.
Currently looks as acting as a resistance.
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ETHUSD seems to have some difficulty to break ATH...
Therefore in case you are long, do be very careful with supports indicated by the arrows:
Therefore in case you are long, do be very careful with supports indicated by the arrows:
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RSI breakout confirmed into ATH breakout.
Still expecting some resistance here...
but very possible a blue sky breakout incoming??
Still expecting some resistance here...
but very possible a blue sky breakout incoming??
