-Stoch is at oversold on 4 hour
-RSI is nominal
-my proprietary indicator shows uptrend.
-weak, but tk cross 2.5 days ago
I think we will see price drop a bit more in the next 4-12 hours, then probably a huge pump, then a dip as Daily shows its approaching overbought on . It will need to reset for more upward momentum in the next 1-4 days, meaning a good dip, then a climb back upward.
The only other thing I caution against is fundamental events are , but weak. For the next 1-2 weeks we can expect a roller-coaster ride. Put in your stops.
tp1: .0937 btc/eth
tp2: .1 btc/eth
I think tp0 and tp1 are highly likely to occur within 0 to 14 days tops. We have total crypto market capital reaching all time highs again.
Check my previous eth/btc and eth/usdt ideas...significant wins.
price is well below 200 EMA. Price will swing back up toward 200 ema eventually.
indicators says eth/btc is way oversold
eth/usdt 4 hour
stoch rsi 0,0
rsi 21.4107, oversold
200 ema is ~310usdt
To be clear 1hr and 4 hour stoch says overbought, but daily says oversold.
This tells me we can expect another dip for refuel, then perhaps a huge jump soon between the 1D cloud tail.
Realistically, I suspect China will allow Bitcoin exchanges again. They do this bullshit all the time.