Looks like BTC is likely to be moving sideways for awhile. If it does and price doesn't breakdown, then ETH will likely remain bullish.
Buy signal triggered on my CYBER ENSEMBLE indicator on the 3hr chart too.
Need to keep a close watch on BTC chart.
See prev. ETH...
I am presently looking at Elastos atm, i.e. ELA (on Huobi or Kucoin)
Been cost averaging in since it was at around ~1.5 USD.
Looking like it might do an "ICX" style parabolic pump anytime now. But lower MCAP = greater risk.
Sensible risk management is advised.
I like their fundamentals as well -- the project itself as well as their team leadership.
Continued analysis from:
If AUD is not able to rebound above the white line and finds support, expect AUD to go back down towards the lower blue trendline, possibly finding support above the 0.9 SGD psychological and VPVR level.
If AUD manages to break back above the white trendline...
Please see text in the chart.
Short-term looking bullish (over the weekend); but more likely to continue to trade relatively sideways through December with a slight bearish bias -- overall range-bounded between the two white solid lines.
Long-term still remains bearish (with possibility of falling all the way down to 5200 USD); unless BTC is able to break above...
BTC:USD to reach 11k-12k USD, then gradual decline down to 8k USD again around 02Mar20 to inflict more pain on the bulls and eliminating more weak-hands, before going relatively sideways until 13Jul20, then a fakeout to, 11.8k USD around 11Jan21 before crashing below 9.9k USD before the next actual parabolic rise commences around Mar21 eventually hiting a new...