goncalo1971

ETH: Above 1730 is Bullish Territory

Long
GEMINI:ETHUSD   Ethereum
Weekly RSI(9) climbing above descnding R line could be seen with #ETH settling above 1730.00

  • Between 1730.00 and 2700.00 longs are favored, so I’m on the bullish camp
    But reversing below 1260.00 would change my bullish view and open the scope for new lows in the whole crypto space
    October looks like an important attractor- ETH could be training above 3000.00 at that time, but the rate of ascent and the upward channel that takes us to that level can still experience 30% losses along the way.


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