Rule72

The Breakup Done

Rule72 Updated   
BITSTAMP:ETHUSD   Ethereum
The question is now if the Breakup with 450 is done or will it still pull at the price. If so we easily see a retrace to Red Target 1. This would require BTC to falter, so keeping an eye on the related BTC chart linked below, could pay. The most probable situation now is that BTC rises and that would push ETH up quick. The ETH targets need to be considered, but Big Daddy BTC’s move around the possible ascending triangle would be telling.

Conclusion: It is great to see how ETH is getting positive on a sideways movement by BTC again – instilling confidence in the uncertainty out there to continue … Very Important to me: Please like if you appreciate the effort, please comment to develop this further and please follow if you think this is going somewhere that you would like to know about.
Comment:
Previous ETH contribution
Comment:
Related BTC contribution
Comment:
Next ETH contribution
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.