Can ETH get to $350???!!!?!?!?!?!
First, if you like the chart/analysis please hit the like and subscribe as I am getting serous about sharing my thoughts.
Second, not investment advise, just sharing my thoughts and looking for my posts to be a landing place for thoughtful conversation on crypto.
ETH is near where it was in Late Feb. just before the global lock downs.
Volume is strength and consistency is impressive.
The MACD line is far above the signal line, this is a concerning as it can indicate a reversal coming soon.
The RSI indicates an overbought marketplace, a bearish sign which happens to coincide with a major downturn in March.
What do you all think? Does ETH still have some gas in the tank for another push?
Second, not investment advise, just sharing my thoughts and looking for my posts to be a landing place for thoughtful conversation on crypto.
ETH is near where it was in Late Feb. just before the global lock downs.
Volume is strength and consistency is impressive.
The MACD line is far above the signal line, this is a concerning as it can indicate a reversal coming soon.
The RSI indicates an overbought marketplace, a bearish sign which happens to coincide with a major downturn in March.
What do you all think? Does ETH still have some gas in the tank for another push?
Comment:
The answer to my question is a big YES! ETh did have much more for that push to $400. I do believe $400 level provides significant resistance. Time will tell.