$ETH / $BTC Weekly (Log) Trendline Paired w/ RSI: Best Buy Time!
Hello Traders,
Please see the chart for the best time to buy historically.
The ETH/ BTC pair has been following the yellow trendline since its first touch back in 2017, right before putting in a massive green wick of over 13k%.
Since then the price action has hit the yellow trendline a handful of times but the two best times to buy, were when the price action hit the yellow line, while the RSI level dipped to the 30 levels.
You can see on the chart I outlined the RSI levels with the dashed green line.
If we are lucky enough to get another scenario like this, we would need to see a price of around 0.0409(BTC).
Patience, no FOMO, just setting great buy levels and waiting, is the name of the game.
Good luck!
Please see the chart for the best time to buy historically.
The ETH/ BTC pair has been following the yellow trendline since its first touch back in 2017, right before putting in a massive green wick of over 13k%.
Since then the price action has hit the yellow trendline a handful of times but the two best times to buy, were when the price action hit the yellow line, while the RSI level dipped to the 30 levels.
You can see on the chart I outlined the RSI levels with the dashed green line.
If we are lucky enough to get another scenario like this, we would need to see a price of around 0.0409(BTC).
Patience, no FOMO, just setting great buy levels and waiting, is the name of the game.
Good luck!
Penafian
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