An update to ETH's possible Wolf's formation

looks like we may enter a Sweet zone (green block- abt 168-170 eth/usdt) tonight to make a clear Wolf's formation. From that area we will rise to our targets.

Dagangan aktif:

hmm, I didn't think it will so uncomfortable at this sweet zone... But, Here we are: the volume for last 24hours in eth - 7,4 billion vs 18.3 billion for BTC (as per coinmarketcap). Quite a High volume given that the ETh's current cap 18 billion vs BTC's cap 170 billion (or almost 10 times less!). RSI is in oversold zone. Well, there is still a place to dip ... lets see if it is enough fear for now ) lets have a break: go ETH, go :)

Dagangan aktif:

Well, it takes a bit longer to follow the path, but we are at nice set up. we tested several times a green sweet zone, broke up descending triangle, RSI (at 4hours) is not at high levels yet (abt 60) so we still have place to go up. And ETH has started to react to BTC moves not in very correlated way. I still remember times (years ago :) ) when ETH and BTC moved in opposite directions : we moved from BTC to ETH and back.
1st target - 200 (hopefully to be reached with momentum)
2nd - 211.