$ETHBTC retesting long-term resistance

Conviction: 3/5
ETH is retesting breakout line (resistance since 2017), sign of outperformance in medium/long-term.

Weekly RSI is not at any special levels.

Daily RSI approaching oversold levels, but nothing special either... could continue to languish along the trend line down.

however, does not tell us direction of ETH itself, just relative performance.

Trade fechado manualmente:

Broke below support, waiting for better entry around 0.064