H & S confirmed Retest done Heading for a TA target of $880
The last weekly close with bigger volume & smaller candle reflects Seller's exhaustion. This is conjunct with Bullish divergence on RSI. TA wise this combination is outright bullish!!
RSI for ETH has broken the 2.5 month uptrend on daily. This often is a leading indicator of upcoming bearishness
RSI breaking trendline acts as a leading indicator often. This time RSI has broken the up-trendline. My recent analysis have pointed towards some of the other bearish indications on bitcoin too
#Etheruem on last daily close has broken 200 MA upwards. But there is bearish divergence visible on RSI & MACD Histogram. Are you bullish or Bearish? My take is that it is a false break out
- On Daily Bitcoin is at 200 MA resistance + Top of bear flag channel - On weekly, the chart has a bear flag formation - On Weekly, RSI downtrend hasn't been broken & is approaching trendline resistance
Observe how 200 DMA hasn't bent for the entire bull run. How 200 DMA bent at end of last bull run. how 200 DMA has currently bent. #Bearish # Ethereum
See how RSI is showing Bearish Divergence AND Hidden Bullish Divergence simultaneously hereb..LOL
Metal (MTL) pumps against ETH every March for past 4 years since 2018. Will 2022 bring a similar result? Keep an eye to convert a % of your ETH holdings to MTL around Dec'21 or Jan'22 for a chance to Sell on March pump. All the best!!
LINK Holding March LOWs against BTC Its a Higher Low. With Arbitum soon, we can expect a HH soon on this chart
THETA against ETH on Monthly Time Frame: - Clean Uptrend - Approaching Support area currently - Great RR - Volume missing currently I'd like to see BIG MONEY interest here through Volumes
FUN against ETH on MONTHLY chart: - Has given a HH - Currently close to making a HL - Great RR - Volumes confirming that the BIG MONEY is backing the idea of this trade
Sia Coin on monthly chart against Ethereum has given a HH. Therefore expecting it to hold previous Low as HL. Next Target for HH marked on Chart. #Active Portfolio Management #Strategic Trading
Shown on chart - Clean Support that were respected - Clean Resistance that was breached. It could/should now turn into support & fuel further rally towards ATH - Should this support be breached, SEC may have an edge against Ripple in the ongoing high-profile legal battle.
If Cardano closes the August monthly candle above 0.00065ETH, I'll convert a % of my ETH holding into Cardano For ones who think they have missed the Cardano Train of gains, check its chart Vs. ETH Cardano can double your ETH holding
ETHEREUM is my base holding in the portfolio. If SOLANA retests the Green box in the chart, I'll convert a % of ETHEREUM holdings into SOLANA & hope to see #SOL continue to outpace #ETH
60-70% above are weekly/monthly resistances on ETH/BTC pair. Longer the base higher in the space: ETH has developed a solid base before entering this uptrend against BTC. So there is a small chance that ETH can reach new ATH against BTC. But that would mean 'The fippening'. I am not counting on it untill it happens. BTC is THE King, untill it is not. ETH is NOT...
But it'll be interesting to see whether the expected bullish divergence plays out or does it fail. If it fails - We see an extravagant ALT Season If it plays out - We first see money flowing into Bitcoin, then we see Money flowing into ALTs & BTC.D dropping to new All Time LOWs.