Heads up: I bought at my target level of 600€ (watch previous post) so biased analysis here. I think there's enough hidden bullish divergences to consider a retest of highs, bears haven't manage to sink the prices and Stochastic RSI and RSI are both ready for new highs. I'm guessing we will paint a weekly doji candle... HODL my bear and watch it develop! I've plotted a new Fib overextension (dim blue, right) just in case we overshoot; those could be nice levels to short-daytrade.
much needed pinchs of salt, food for thought.
PS: the pairing against BTC looks even stronger, let's see who wins this battle... but there's enough signs there for bullishness although regular RSI is getting really near to overbought levels:
much needed pinchs of salt, food for thought.
PS: the pairing against BTC looks even stronger, let's see who wins this battle... but there's enough signs there for bullishness although regular RSI is getting really near to overbought levels: