Analysis for ETHUSD and ETHBTC
These are the daily charts
On the ETHUSD chart an expanding ascending wedge can be observed, this will likely continue, leading the price to mid 3,000's
This theory supported by the bullish state of ETHBTC with "open" moving averages (50 -> 100 -> 200) and a wide Gann range
Ethereum looks very strong, while Bitcoin looks rather weak at this current stage
I wonder how it will play out
This previous idea of mine shows ETHUSD breaking free of the two fib circles, allowing for a massive bullish range, further supporting the bullish theory of this post
I am long Ethereum
These are the daily charts
On the ETHUSD chart an expanding ascending wedge can be observed, this will likely continue, leading the price to mid 3,000's
This theory supported by the bullish state of ETHBTC with "open" moving averages (50 -> 100 -> 200) and a wide Gann range
Ethereum looks very strong, while Bitcoin looks rather weak at this current stage
I wonder how it will play out
This previous idea of mine shows ETHUSD breaking free of the two fib circles, allowing for a massive bullish range, further supporting the bullish theory of this post
I am long Ethereum