Ethereum vs Bitcoin Bullish Bias Wins!
This is a nice chart, completely different to all other altcoins... Let's dive in.
Ethereum vs Bitcoin (ETHBTC) managed to move and close above MA200 (conquered) back in July 2022, at this point the bulls gain control of the chart.
From September through October MA200 is tested as support and holds.
Really high volume shows up late October to confirm this level as being conquered.
Then again in mid and late November MA200/EMA300 are tested again and holds... Many tests, the bulls are ready!
Now we see prices moving above EMA10.
Bullish indicators... Time to grow!
Very simple.
The bias/pontetial is up.
Namaste.
Ethereum vs Bitcoin (ETHBTC) managed to move and close above MA200 (conquered) back in July 2022, at this point the bulls gain control of the chart.
From September through October MA200 is tested as support and holds.
Really high volume shows up late October to confirm this level as being conquered.
Then again in mid and late November MA200/EMA300 are tested again and holds... Many tests, the bulls are ready!
Now we see prices moving above EMA10.
Bullish indicators... Time to grow!
- ETHBTC stays bullish above MA200/EMA300.
- ETHBTC goes bearish below these levels.
Very simple.
The bias/pontetial is up.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
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followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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