FeelsStrategy

Ethereum End of Accumulation đź‘€

Long
INDEX:ETHUSD   Ethereum
Let's look at the situation, from the point of view of the 2nd cryptocurrency, and how we ended the most protracted and at times boring phase of the market.

The main resistance at this time is the Keltner channel baseline. Notably, during this stage on RSI, we do not enter the overbought zone.

💡This phase ends in coordination with the BTC halving. First, the basic resistance on the Keltner indicator is broken, until then we enter the overbought zone, where the main phase of growth begins.↗️

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.