I am very excited to see ETH holding strong after BTC halving event(usually ETH will dump with BTC). up until now, ETH just broke the downward trendline. the volume is increasing, MACD is turning bullish.
I will start nibbling my positions from now on, hope ETH will retrace and I can get better price. Another important observation from my view is, ETH seems to be the leading indicator for BTC since last pump. It used to be LTC but it has been losing steam quite a bit.
This bullish case could be invalid once price breaks down to 197 level.
I will start nibbling my positions from now on, hope ETH will retrace and I can get better price. Another important observation from my view is, ETH seems to be the leading indicator for BTC since last pump. It used to be LTC but it has been losing steam quite a bit.
This bullish case could be invalid once price breaks down to 197 level.
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