If you follow me long enough, you know that I'm super bullish on ETH. Despite of the recent choppy consolidation which surely shakes out weak hands, I still believe that this is necessary for a healthy upcoming bull run.
Besides, on-chain analysis consistently shows that ETH is flowing faster and faster out of exchanges into cold wallets, which decreases supply and therefore super bullish.
On the chart perspective, as you can see, ETH is replicating what BTC did around its old ATH. Even RSI and volume pattern look the same. ETH is only around 50% of it's ATH on BTC pair. From this point of view, a clear break out of 1440 levels and close above that would signal a best entry for the fly.
Note: if you like this content, don't forget to give it a like and follow me for upcoming analysis
Besides, on-chain analysis consistently shows that ETH is flowing faster and faster out of exchanges into cold wallets, which decreases supply and therefore super bullish.
On the chart perspective, as you can see, ETH is replicating what BTC did around its old ATH. Even RSI and volume pattern look the same. ETH is only around 50% of it's ATH on BTC pair. From this point of view, a clear break out of 1440 levels and close above that would signal a best entry for the fly.
Note: if you like this content, don't forget to give it a like and follow me for upcoming analysis
交易進行
It's just only 24H after my idea published. Congrats to every one that have caught the train. Now sky is the limit, it will do what BTC did.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。