Ethereum (ETHBTC) just had a bullish breakout against Bitcoin and is gaining momentum.
On the chart above, we can see the following:
Longer-term chart:
Feel free to leave a comment if you have any questions.
Namaste.
On the chart above, we can see the following:
- Great momentum to break pass EMA10 and EMA50.
- Trading volume increasing to the side of the bulls.
- MACD moves above 0 (enters the bullish zone).
- RSI is strong and moving above resistance, came out of oversold recently.
- Plenty of room left available for growth.
Longer-term chart:
- Multiple targets available on the chart above.
Feel free to leave a comment if you have any questions.
Namaste.
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