davidrainone47

RSI Consolidating

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COINBASE:ETHUSD   以太坊
RSI consolidating in this ascending triangle. Cup and handle breakout and re test. I don't know, this looks like a good setup to me. This bull market doesn't last much longer though. I think Bitcoin is forming another distribution style top, and that will be the absolute top of this bull market. Probably around $75,000. I think Eth will top out around $8,000 when Bitcoin forms a lower high on the distribution, just like it did in April. This also lines up with the RSI setup on ETH.
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