I decided to update you also on ETH the king of the alts. Eth seems a little more prime then BTC
to start moving up. As you can see is now trading in an ascending channel
, this is also a bearish
formation, however bullish
till the lower support is broken. I believe eth will move its way up to 3500, there it will be interesting to see if it will form a whipsaw and push to the 3800 level before to retrace back down to 2800 and possibly 2400. To appreciate the flag ETH formed in the RSI
, if the momentum will break upward then we should have a nice acceleration up, the opposite is also true.
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