With todays push upwards 
ETHBTC finally broke the downward resistance since - get this - September 2022. This is huge IF it materializes. What do I mean?
In the daily and every other timeframe we can expect a continuation of some sort if the day closes above the resistance - which is in eth terms around 4800, but better - in ethbtc terms it means 0.0395 (it currently is at 0.041)
let's hope - even tho the september correction looms over our heads (or a potential one) a rally could go for the following week - and maybe even into the first week of september if everthing goes right.
In the daily and every other timeframe we can expect a continuation of some sort if the day closes above the resistance - which is in eth terms around 4800, but better - in ethbtc terms it means 0.0395 (it currently is at 0.041)
let's hope - even tho the september correction looms over our heads (or a potential one) a rally could go for the following week - and maybe even into the first week of september if everthing goes right.
Trade active
nice, as we can see eth found support and tries to bouce off of it. let's see - looks like it could be primed for a ralley. Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.