ETH is looking like it will mirror previous behavior - short and long term
Weekly chart does not look extremely bullish at this point in time but there are signs approaching.
There is a build-up to reach the turning point for the market to reach a bullish saturation. (Consolidation)
The market was eagerly trying to kick start the bull-market but was stopped out...
Welcome to a long term projection of Bitcoin.
You are viewing :
· Monthly chart
· EMA12 (Black)
· MA48 (White)
· Volume MA12
Bitcoin is currently riding the support of EMA12.
A breakdown is expected, as pressure from bears in this price region continues.
The RSI has showed overoptimistic tendencies and is now declining to neutral range.
Target for a...