Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF
Apple, Advanced Micro Devices Inc, Amazon Com Inc, Tesla, Inc, Netflix, Inc, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
What do you think? Was the Bitcoin Wyckoff distribution merely the warm-up to the main event?
Not financial advice.
Just an idea.
Ethereum and Bitcoin have diverged after a strong run of Ethereum, Bitcoin then rallied.
BTCUSD falls after testing 2019 high.
Money flows into ETHBTC which is oversold on RSI.
ETHUSD tests recent highs.
Ethereum-USD paints a Bullish Pennant with a pronounced flag post after strong uptrend, featuring a pennant trend of higher lows and lower highs. Tests at 450usd; potentially 484usd, 500usd.
RSI overbought and approaching unsustainable trend squeeze.
Long-term resistance in play.
Long-term 600-day moving average in play.
Not a recommendation to buy or sell.