ETHUSD needs to again breach the 200 Week MA @ $222.72, as well as the 20 Week MA just above it at $231.30, in order to make a new swing high above the green 1 at $230.54. Following the TD Sequential 9 earlier this month, Ethereum against the US dollar has bounced back over 20% while currently holding onto approximately 15% of it's gains. A green 2 moving above...
If by next Sunday at 8 pm BTC price is below the 50 Weekly that would be very bearish and should be considered as such.
Bitcoin's weekly chart changes out to the next candle in succession tonightt at 8 pm on the Universal time chart, midnight on the Eastern Time chart. If BTC closes above the 50 Weekly simple moving average, we could have some fireworks!
Steve Courtney noticed an excellent fractal between 2014-15s bear market and our current one on the log chart. As you can see indicated by the yellow circles...we have just recently broken above this descending blue resistance trendline and if you look at the fractal from 2014-15 you can see that back then we broke above it right around the same exact time we are...