ETHEREUM bulls should be happy with this cross!

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Haven't looked into Ethereum for a while and the reason is because it has been trading on an incredibly steady bullish pattern . The price has been accumulating, then spiking to a standard peak, profit taking. Then the process is repeated.

What stands out as the strong signal of an upcoming rise is the crossing of the MA50 and MA200 on the 4H chart. The MA200 always supports while the MA50 directs. Once crossed they remain aligned for a while (essentially the accumulation phase) before the MA50 breaks upwards again, delivering the spike. The RSI pattern is also similar.

Currently the two MA periods are crossed so I expect ETH to accumulate. Good time to load more longs in my opinion for a break above $320!
High accuracy signals at Few selected trades per day. Excellent risk management.
I discord this target

The final about this wave will July 2020.

It's my analysis:
Dude, we are not slowing down lol
Up 8.94% on this long and watching for $289 as the strongest resistance level. I'm sure you guys are killing it as well on this long trade.
Happy Fathers Day :)
Great push, you will made it to the 277 bars
It’s just a b wave to .618 , right To our BEarish trendline. We got rejected and we have five waves down To finish Wave 4 Write down to our trend line support. Then we will move up to the three $350 range for wave 5, which will finish wave 1 of our bull market. Followed by a huge dump to the 618 fib level to finish wave 2. At that point you will never see Ethereum this jeep again
+2 Reply
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