TheBrko

ETH - breaking out from 6 months long consolidation

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POLONIEX:ETHBTC   以太坊 / 比特幣
ETH showing some strength and breaking out from long consolidation.

If/when 0.618 Fib. level is turned into support 0.105 level (weekly close) is next region to watch for.

RSI also breakout trendline to the upside, overall Ethereum sentiment is good.

This graph appears to follow the view that Ethereum will replace Bitcoin as No.1. Let’s wait a few more months to see how it goes.

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