ETH has been on a run & managed to break through the downward slopping resistance from the Nov ATH @ $1750.
Things to note on the daily: - 9SMA is gearing up to potentially cross above the 50 in the next few days - bull target #1 $1805 - $1820 Golden Pocket - lower TFs are very overbought, so lookout for a back-test of 1750ish if we do hit the Golden Pocket first. If we back-test first, will have to look at RSI again - bull target #2 $1900/0.786 FIB
Things to note on the 1hr: - we have a PERFECTED alignment of the SMAs (see chart) - RSI is overbought, possible re-test of $1750
Things to note on the 15 min: - we have a PERFECTED alignment of the SMAs (see chart) - RSI is overbought, possible re-test of $1755
DO NOT fomo here. Prices can definitely go higher, but it's looking like a cool-off is in order first, as the lower TF RSIs are getting overbought. A re-trace to 1730ish would be healthy, but watch out for the 9SMA crossing below the 21, which could possibly suggest further downside. NFA, DYOR, make some dough
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.