Although I am not a fan of this centralized crypto there is a trade here to make some ethereum
. We are in this clear bull flag/falling wedge
. We are at the 78.6 fibonacci level and this would be a good time to accumulate this asset. The next level to accumulate is the 89.3 fibonacci level. The daily rsi
is diverging.i would expect for this to really start moving up the moment it breaks out of the wedge/flag. I wouldnt be surprised if this took off very soon.
I'd like to not that we are very far from our trustee 200 day moving average.its about time to get back to it. Good luck and happy trading