Posting this one up but haven't entered yet. Ethos updates on Twitter have been pretty active. Another potential descending broadening wedge (Can you tell I like these yet?). Possible cup and handle, but the cup is pretty ugly to be honest. Regardless, I set a target as if it were one between the black FIBS (pulled from the daily chart) at .5 and .618. I would sell if it broke above the .5 FIB most likely. If I were to enter now, It could be a 25-35% profit if it plays out. Would really like to see a volume spike, as usual.
Take a look at RSI and MACD. RSI is in an ascending triangle and seems supported right now. MACD is below the histogram, but the lines have crossed over after being underwater for quite a bit of time. I would like to see the EMAs cross over the 55 EMA on the 30 for more confirmation.
Take a look at RSI and MACD. RSI is in an ascending triangle and seems supported right now. MACD is below the histogram, but the lines have crossed over after being underwater for quite a bit of time. I would like to see the EMAs cross over the 55 EMA on the 30 for more confirmation.