Highest_High

ETH RSI REVERSAL

Panjang
INDEX:ETHUSD   Ethereum
ETH Weekly RSI has been in downtrand for most of 2021 until recvently where there has been a trend reversal marked by first higher low and higher highs.

Thing to watch:
RSI breakout of the resistance line.
RSI at each resitance.
How does RSI respond to resistance?

What to expect:
RSI to reach the highlighted box.
As ETH is in ATH territory the moon is the limit. I would expext 10k to be reached pretty swiftly after RSI breakout of resistance line.
Potential flush incoming, before continuation upwards.

Penafian

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