Fairly simple chart to follow. Looks li fe we remain in big trend eth cud make $70k
I still believe a retrace to $30 - $20 k before ATH.
Try not to break up larger caps for bigger percentage moves in riskier smaller caps:
Trading one pair always is more profitablr.
I have been studying the charts and there is a harmonious TA that results in return to the break out point of ETH in Dec 2020 on its initial rally,
I used the weekly rsi which has broken a year long trend and may return to bottom. This resulted in the sharp fall of ETH price in 2008 to a percentage of 94% approx.
I hope we see a bounce and we can continue but...
Double bottom clearly seen on 5 min chart
Here we see the Stoch RSI , MacD, RSI Indictors showing upside ahead.
Volume very high too.
Expecting a big move here.
Big restistance around 1.30 hopefully we can flip into support.