ETH / BTC - 3rd Time is the Charm
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Can we do it 3 times in a row? Let's see, ideas directly on the chart, see similarities in RSI and MACD as well.
Target - previous high on Daily as displayed, then 0.061 btc.
More evidence, as evidenced by BTC dominance weekly:
Target - previous high on Daily as displayed, then 0.061 btc.
More evidence, as evidenced by BTC dominance weekly:
Nota
Bearish scenario to "bear" in mind:- there's also a potential head and shoulders pattern here, if we cross and hold below 0.0305 or so we could see a significant drop instead
Nota
Alternative bearish idea is linked below in related ideas: Update: Bearish then Bullish Repeating Pattern Idea (honestly, both of these things could happen before revisiting old highs, as the bearish idea is a monthly chart vs. this being a more near term consideration).We show a medium bullish divergence with RSI and MACD trending up and price going sideways. The same thing happened the previous two times it did this, the first time could've also been considered a strong bullish divergence however.
Nota
If this is going to happen, it'll happen soon, we're forming a mini-W within the right side of the main W here:Nota
If we don't get a spike up soon and head down instead, this is my plan B:Nota
Possible that this is finally occuring, got dragged out longer which gives it a higher chance of a higher move:Dagangan ditutup: sasaran tercapai
0.061 reached
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