Ether has remained in this channel from the last idea I posted quite nicely. You can see that the area we needed to hold, in fact held quite well. However, it's been grinding to the upside whereas bitcoin has really had a substantial move to the upside. RSI and MACD aren't telling us much at this point. However the ETH/BTC cross is very low and oversold. I would imagine that will support upwards movement and more grinding to the upside as this thing continues on.
Watch this channel, if we break the channel to the downside that would be bad news bears. Otherwise, we should slowly continue higher.
-Sherem
Watch this channel, if we break the channel to the downside that would be bad news bears. Otherwise, we should slowly continue higher.
-Sherem
Nota
POP! Up we goNota
and FYI, my short term target is 220. Ultimately i expect we get to 450-500 area before a deep pull back.Nota
Guys, we break above this channel and we are going to 300 really quick.Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.